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$549,900

414 LAKE STREET, INVERNESS, FL 34450

3D Tour
Active27 days on market

Beds

5

Baths

4

Sq Ft

3,156 sq ft

Year Built

1905

Lot Size

0.59 acres

Garage

1

About This Property

GORGEOUS LAKEFRONT LADY IN HISTORIC INVERNESS! Imagine calling this gracious home your own. They don't make 'em like this anymore! Large .59 acre property on the lake with its own dock/boathouse downtown right in the middle of everything. Statuesque mature trees draped in moss add to the sweet southern charm of this lovely house featuring a wraparound front porch just calling out for tea parties and mint juleps. Enter the home to behold a magnificent arching staircase, real wooden floors and transom windows. Several fireplaces and a spiral outside staircase add architectural interest. A Mackenzie Childs bathroom complete with clawfoot tub increases the overall esthetic. Additionally, a back deck provides a perfect spot for BBQs and gatherings while drinking in the fantastic lake view over the expansive lawn. This beautiful home needs TLC and restoration to bring her back to her former and future glory, but oh the bones! Like a slightly faded silent era movie star, she will mount a comeback with a new owner who appreciates her wit, charm, and potential to shine as a historic BnB or as your own perfectly stunning residence!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #OM732194
StatusActive
Year Built1905
Stories2
Total Rooms10
ConstructionVinyl Siding, Wood Siding
RoofMetal
FoundationCrawlspace
FacesSouth
SubdivisionCITY OF INVERNESS
CountyCitrus
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorAttic Fan, Ceiling Fan(s), Crown Molding, High Ceilings, Primary Bedroom Main Floor, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
FlooringCeramic Tile, Hardwood
AppliancesConvection Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator
LaundryLaundry Room
WindowsWindow Treatments
CoolingCentral Air
HeatingCentral, Heat Pump
FireplaceYes ()

Exterior & Lot

ExteriorBalcony, Dog Run, French Doors, Private Yard
FencingFenced, Vinyl, Wood
Other StructuresShed(s)
Lot Size0.59 acres (25,640 sq ft)
Lot Dimensions95 x 256
Lot FeaturesCleared, Corner Lot, Historic District, City Lot
Road SurfacePaved, Asphalt
0

Waterfront

WaterfrontYes
FeaturesLake Front, Lake - Chain of Lakes

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$549,900
Annual Taxes$9,926 (2025)
FinancingCash, Conventional, VA Loan
ZoningLMD
Parcel #20E19S170020001700070

Schools

ElementaryInverness Primary School
MiddleInverness Middle School
HighCitrus High School

Directions

From W Main St, Inverness, FL 34450 Head toward N Pine Ave Turn right onto N Pine Ave, Turn left onto Zephyr St, Turn right onto N Seminole Ave, Turn left onto Lake St, destination will be on the right, 414 Lake St, Inverness, FL 34450

Location

414 LAKE STREET, INVERNESS, FL 34450

Listing Information

OfficeBHHS-FLORIDA SHOWCASE PROPERTIES
ListedSeptember 18, 2026

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Home Price

$549,900

20% ($109,980)
6.75%

Loan Term

Principal & Interest$2,853
Property Tax (est.)$504
Insurance (est.)$150
Total Monthly$3,507
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $549,900 home in INVERNESS.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$27,495 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Citrus County SHIP

Varies

Income-qualifying Citrus residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 15, 2026.

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