WaterfrontLake Front, Lake Privileges, Canal, Waterfront
ViewLake
MLS #835843
Lot Size9.70 Acres
StatusActive
About 1005 N Pennybacker Rd
Introducing an unparalleled opportunity for those with a vision for pristine waterfront living or perhaps a grand fishing escapade. Nestled in the heart of Inverness, FL, this expansive vacant lot offers a remarkable 1400 linear feet of serene water frontage. Not just a property, but a gateway to the enchanting Tsala Apopka chain of lakes and the bountiful Withlacoochee River, famed for its bass fishing that could easily make a professional angler blush. Imagine the possibilities: a custom-built retreat where each sunrise ignites the shimmering waters, or a cozy lodge with decks almost teasing the fish to jump onboard. Thankfully, flooding is a tale for other lands, as this gem is confidently situated outside any flood zones. Adding practical magic to this dreamy plot are an operational well and a power pole, ensuring you’re not starting from scratch. No need for a lengthy expedition to refuel or indulge, as essentials and more are just a stone's throw away. Winn-Dixie for groceries, Stumpknockers for a taste of local cuisine, or perhaps a visit to the nearby Hospital Corporation of America, ensuring peace of mind is always within reach. Boasting the title of the largest waterfront property currently on the market in the area, this is not just a piece of land, but a canvas for the visionary, the nature lover, and yes, the fishing aficionados. So why just dip your toes? Dive in and make waves in creating your dream waterfront escape.
Property Details
Property Features
Listing Office:
Office Name: Berkshire Hathaway Homeservice
Office Phone: (352) 527-1820
Exterior Features
Exterior Information:
Waterfront: Lake Front, Lake Privileges, Canal, Waterfront
View: Lake
Lot Features
Lot Information:
Lot: Irregular Lot, Waterfront
Lot Size: 9.70 Acres
Other
Directions Information:
Directions: Travel E on E Turner camp Rd, turn R onto N Pennybacker Rd. Gate on left
Price Information
Listing Price Info
Price Summary:
List Price: $599,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Inverness, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,062
Per Month
Principal & Interest
$2,995
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,865
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Inverness Primary School
206 S Line Ave
Distance between this listing and this school3.42 miles
Public District Grades PK-5
6
/10
Pleasant Grove Elementary School
630 Pleasant Grove Rd
Distance between this listing and this school4.43 miles
Public District Grades PK-5
6
/10
Hernando Elementary School
2975 E Trailblazer Ln
Distance between this listing and this school4.74 miles
Public District Grades PK-5
Nearby Schools
3
/10
Inverness Middle School
1950 Highway 41 N
Distance between this listing and this school2.84 miles
Public District Grades 6-8
4
/10
Citrus Springs Middle School
150 W Citrus Springs Blvd
Distance between this listing and this school9.99 miles
Public District Grades 6-8
2
/10
Horizon Academy at Marion Oaks
365 Marion Oaks Dr
Distance between this listing and this school11.44 miles
Public Magnet Grades 6-8
Nearby Schools
5
/10
Citrus High School
600 W Highland Blvd
Distance between this listing and this school3.36 miles
Public Magnet Grades 9-12
4
/10
Lecanto High School
3810 W Educational Path
Distance between this listing and this school12.00 miles
Public Magnet Grades 9-12
1
/10
Srmi @ Renaissance Center
3630 W Educational Path
Distance between this listing and this school12.03 miles
The neighbors living near this home have an average income of $38,204. Typical income of Inverness, FL residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1005 N Pennybacker Rd
What is the listing price of this property?
The listing price of 1005 N Pennybacker Rd property is $599,900.
What type of property is this?
The property 1005 N Pennybacker Rd is land located in Inverness, Florida, 34453.
Is this property for sale now?
Active Listing: 1005 N Pennybacker Rd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 1005 N Pennybacker Rd is 9.70 acres.
Interested in 1005 N Pennybacker Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1005 N Pennybacker Rd in Inverness, FL and zip code 34453. This home sits on a 9.70 acre lot. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $599,900.
While more than 11 listings in Inverness, FL in November 2024 were sold above asking price, there were more than 15 listings sold at asking price, and more than 34 were sold below. The number of listings in Inverness, FL increased by 4.6% between October 2024 and November 2024. In November 2024 median list price was $250,000 and the average listing age was 69 days.
From Rocket Homes Real Estate and based on county public records data.
PGA/LPGA
PGA/LPGA
Figure Skating
NASCAR
Stein Mart
Kmart
Dollar General
Bob Evans
Cracker Barrel
Little Caesars
Lincoln
Buick
Ram
News/Talk/Information
Oldies
Classic Country