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About this home
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.
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.
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The essentials
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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.
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