4136 Cr 400, photo 1
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Overview

3 bd2 ba1,524 sqftSingle Family
TypeSingle Family
HOANone listed
Built1962
Lot15,000 sqft
Living area1,524 sqft
Price / sqft$223

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

About this home

Living Room/Dining Room ComboPrimary Bedroom Main FloorPrivate MailboxSliding DoorsRangeRefrigerator

4136 Cr 400 is a 1962-built home in Idlewild Park, Lake Panasoffkee. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,524 square feet of living space. Listed at $340,000 (about $223/sqft), 113 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Lakefront, LAKEFRONT, 75 feet of lake frontage, your view is 1.02 miles across open water to undeveloped, protected land of Lake Panasoffkee Wildlife Management area. Stand on the dock and count the bluegill in the clear water. You are located on the north side of the lake, toward the center is lots of eel grass, fish the edges for big bass, across the lake is shell island – known for beds loaded with panfish. The lake is approximately 5 miles long running north to south and a mile east to west. When the water is up you can explore Little Jones Creek and find the springs. Head down Outlook River and go to the Withlacoochee River. It is a 141 mile river system that goes all the way to the Gulf of America. Parts of the River are OLD undeveloped Florida. Head south on the river and you will need extra gas to explore all the water. If the Wysong Lock is down you can make it all the way to Rainbow Springs. Lake Panasoffkee is a paradise for people that love the water, fishing, exploring and wildlife. Don’t forget the Wildlife Management Areas: 2 across the lake, Jumper Creek on the south side of town and 4 in neighboring Citrus County. This is paradise for outdoor lovers. The house is like a concrete bunker. It was built in the days when homes where built to last. Everything is stone solid. Bathrooms are original and in great shape. Kitchen appliances are original and do their job. Not like the modern stuff, spends thousands on a new frig and your replacing in a couple of years. Underneath the carpet are Terrazzo floors. Walls are plaster. Roof is metal and replaced in 2025, A/C replaced in May of 2025, paint was new in 2023, water tank was replaced in 23 – insurance companies will be ecstatic. The home is neat and clean, will cared for and ready for your decorating or up dating. If you are looking for a weekend paradise or winter paradise, hurry, hurry, hurry. This has a lot to offer for the price. This area is a hidden gem, other lakes are priced out of the common man’s budget. Hurry before this area gets discovered. Oops, I almost forgot about the location. Hwy 75 makes travel easy, 47 minutes to downtown Ocala or just over an hour to downtown Tampa, Orlando is 62 minutes away. You get to live in nature and be close to the city life. For local entertainment, shopping and dining it’s 20 to 25 minutes to Brownwood, Eastport or Middleton in the Villages. When the day is done, pour a glass of wine, walk down to your dock, and watch the evening sky come alive as birds glide across the lake heading to roost. It's the perfect way to unwind and enjoy peaceful lake life.

The essentials

Built
1962
Price / sqft
$223
On market
113 days
Annual tax
$1,973
Flood zone
X500 · Low risk
Lot
15,000 sqft
Type
Single Family Residence

At a glance

Single family
Built 1962
Waterfront
Lake Front
0.34 acres
Lot size
1,524 sqft
Living area

Payment

Est. monthly payment
$2,107/mo
Down payment (20%)
$68,000
Property taxes
$164/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1962
Lot
15,000 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Covered, Driveway, Ground Level, Guest, Off Street, On Street
Waterfront
Lake Front
Days on Market
113
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Private Mailbox
Sliding Doors
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.

Flood Zone X500
Annual Tax (2025)
$1,973
Parcel #
F19A010

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
Idlewild Park
County
Sumter
MLS Area
33538 - Lake Panasoffkee
Lot Size
15,000 sqft
ClearedIn CountyLandscapedLevelStreet Dead-EndPavedUnincorporated

Price history

Date
Event
Price
8/23/2026
Price change
Source: Stellar MLS #O6418508
$340,000-6.8%
$223/sqft
-
Price change
Source: Stellar MLS #O6418508
$365,000-2.7%
$240/sqft
6/20/2026
Listed for sale
Source: Stellar MLS #O6418508
$375,000
$246/sqft

Neighborhood

4136 Cr 400
Lake Panasoffkee, FL, 33538 · 33538 - Lake Panasoffkee

Market insights

Offer Insights

Choose an offer strength

List price: $340,000
$315,000 – $340,000
92.3% – 100% of listTops out right at the list price
80% of listList price
21 of the last 40 home closings in 33538 landed at this number or higher (53%). The median one sat 42 days before it went under contract, and this one is on day 113 after a $35,000 cut.

Sample: 40 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
$2,108/mo
Principal & interest$1,773
Property taxes$164
Insurance$170
Down payment20% · $68,000
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%. 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

$340,000

$223 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,524 sq ft

Time on market

113 days

Year built

1962

Monthly payment

About $2,107/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,973 annual tax bill, insurance.

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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Brokered byXCELLENCEListing agent: Levi SalmansListing data from Stellar MLS, MLS# O6418508.

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