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Overview

3 bd2 ba1,248 sqftManufactured Home
TypeManufactured Home
HOA$70/mo
Built1998
Lot8,493 sqft
Living area1,248 sqft
Price / sqft$140

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Dry BarPrimary Bedroom Main FloorWalk-in Closet(s)StorageDishwasherRangeRefrigerator

25 Canal Way is a 1998-built home in River Edge Estates, Lake Panasoffkee. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,248 square feet of living space. Listed at $175,000 (about $140/sqft), 1 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $70 monthly.

From the listing

Enjoy a relaxed Florida lifestyle surrounded by nature and close to the water. This home features newer flooring throughout, fresh interior paint, and a metal roof, giving you several valuable updates already taken care of. A cozy bonus Florida room provides additional space to relax and unwind. Outside, you’ll find a spacious screened-in patio, perfect for gathering with family and friends or simply enjoying the Florida weather. An attached workshop/storage room provides extra space for projects, tools, or storage, along with two additional storage sheds, one featuring a loft for even more storage space. A carport provides covered parking, with additional parking space available. Fishing and boating enthusiasts will especially appreciate the public boat ramp within walking distance, providing access to the Outlet River, which connects Lake Panasoffkee to the Withlacoochee River. Spend your days on the water enjoying the area’s well-known freshwater fishing, boating, kayaking, and natural Florida scenery. Enjoy the small-town charm while still being just minutes from The Villages, where you’ll find free nightly entertainment, golf courses, shopping, dining, and much more! You’re also close to Florida’s west coast, offering waterfront dining, kayaking, fishing, beaches, and natural springs for the perfect weekend adventures. Convenient access to I-75 and the Florida Turnpike makes travel to Orlando’s theme parks and major airports a breeze. An Equal Housing Opportunity.

The essentials

Built
1998
Price / sqft
$140
On market
32 days
Annual tax
$675
HOA
$70/mo
Flood zone
X500 · Low risk
Lot
8,493 sqft
Type
Manufactured Home

At a glance

Manufactured home
Built 1998
8,493 sqft lot
Lot size
1,248 sqft
Living area

Payment

Est. monthly payment
$1,127/mo
Down payment (20%)
$35,000
Property taxes
$56/mo
HOA
$70/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Manufactured Home
Year Built
1998
Lot
8,493 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
32
Ceiling Fans(s)
Dry Bar
Primary Bedroom Main Floor
Walk-in Closet(s)
Storage
Dishwasher
Range
Refrigerator
Elementary
Lake Panasoffkee Elementary
Middle
South Sumter Middle
High
South Sumter High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X500
Annual Tax (2025)
$675
Parcel #
F30H025

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
River Edge Estates
County
Sumter
MLS Area
33538 - Lake Panasoffkee
Lot Size
8,493 sqft
HOA
$70/mo
Rivers Edge Estates- Nora Gibson

Price history

Date
Event
Price
9/11/2026
Price change
Source: Stellar MLS #G5117564
$175,000+3.2%
$140/sqft
9/8/2026
Listed for sale
Source: Stellar MLS #G5117564
$169,500
$136/sqft

Neighborhood

25 Canal Way
Lake Panasoffkee, FL, 33538 · 33538 - Lake Panasoffkee

Market insights

Offer Insights

Choose an offer strength

List price: $175,000
$165,000 – $175,000
93.8% – 100% of listTops out right at the list price
80% of listList price
20 of the last 39 home closings in 33538 landed at this number or higher (51%). The median one sat 42 days before it went under contract, and this one is on day 32.

Sample: 39 closed home sales in 33538 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$1,126/mo
Principal & interest$913
Property taxes$56
Insurance$88
HOA$70
Down payment20% · $35,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$175,000

$140 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,248 sq ft

Time on market

32 days

Year built

1998

Monthly payment

About $1,127/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $675 annual tax bill, insurance, and the $70/mo HOA fee.

HOA fee

$70/mo

Managed by Rivers Edge Estates- Nora Gibson.

Flood zone

Zone X500

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

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Brokered byFLORIDA REALTY INVESTMENTSListing agent: Dalton StokesListing data from Stellar MLS, MLS# G5117564.

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