460 N Lake Shenandoah Loop
About This Property
This property delivers the perfect balance of privacy, nature, and modern comfort.
Whether you're seeking a full-time residence, seasonal getaway, or investment opportunity, this gated community provides a relaxing atmosphere with easy access to shopping, dining, medical facilities, parks, and the area's renowned lakes and outdoor recreation. Enjoy quiet mornings, beautiful surroundings, and the laid-back lifestyle that makes Citrus County one of Florida's hidden gems. Don't miss the opportunity to own a piece of paradise in this desirable Shenandoah.
Beyond the property, residents enjoy the perfect balance of peaceful living and everyday convenience. Citrus County's healthcare network, including hospitals, specialty providers, and medical facilities, is just minutes away. Outdoor enthusiasts will appreciate easy access to the Tsala Apopka Chain of Lakes, offering exceptional fishing, boating, kayaking, hiking, cycling, and golf opportunities. Located approximately one hour from Tampa, the property provides convenient access to major employment centers, Tampa International Airport, professional sports, dining, entertainment, and cultural attractions while maintaining the relaxed lifestyle and natural beauty that make Inverness so desirable. Adding to the area's appeal, a major new regional hospital is under development nearby, further strengthening the region's healthcare infrastructure and creating opportunities for medical professionals and related industries. This growing investment enhances both convenience and long-term value for homeowners. This property presents a unique opportunity to enjoy an exceptional lifestyle by building your dream estate in the here. This remarkable property blends luxury, privacy, recreation, and convenience into a truly rare Florida lifestyle opportunity.
The home next door at 440 N Lake Shenandoah Loop, with 2.87 acres, is being offered at $1,075,000.00. The properties can be purchased individually or combined.
Please note: The accompanying video showcases both the vacant lot and the neighboring residence. This is a rare chance to secure the last available homesite in Shenandoah and create a legacy property surrounded by privacy, natural beauty, and enduring value.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2026 | Listed by Rod Realty Corp | $155,000 | |
| Listed by Rod Realty Corp | |||
| Feb 18, 2023 | No longer available | - | |
| No longer available | |||
| Feb 10, 2023 | Sold | ||
| Sold | |||
| Jan 25, 2023 | In contract | - | |
| In contract | |||
| Jan 9, 2023 | Listed by Keller Williams Realty Professionals | $80,000 | |
| Listed by Keller Williams Realty Professionals | |||
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High lot overlooking the beautiful community of Shenandoah! 2.33 acres already clear and ready for you to build your dream home. This gated community is one of the most beautiful communities in Inverness. shopping, restaurants, medical offices, Crystal River and the Gulf of Mexico.
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About Citrus
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017