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Rare 115-acre AG-exempt estate in Citrus County with backwater $1,743,000

8700 E Matthew Meadow Court, Inverness, FL 34453

6 br, 4.0 ba, 1981 4235 sf
Citrus County
Ad #: 6363936

Home For Sale

Rare 115-acre AG-exempt estate in Citrus County with backwater lake access, offering privacy, tax savings, and unlimited potential. This legacy property features a spacious three-level main residence, separate carriage house, pool, pole barn, and pond-can be used for a family compound, recreational ranch, or retreat-style ownership. The land is the true value here: expansive acreage with agricultural exemption in place, back-water access for fishing or boating, and room for horses, livestock, hunting, or outdoor recreation. Improvements provide a solid footprint and opportunity for customization or phased updating, allowing the next owner to create a personalized estate without sacrificing location, acreage, or tax benefits. Buyers seeking space, privacy, and lifestyle over finishes, this property is well-suited for a high-net-worth individual, sportsman, or investor looking for a long-term hold in a low-density Florida market. Properties of this scale, with water access and AG exemption, are increasingly rare. Shown by appointment only.

Property Details

  • Beds: 6
  • Baths: 4.0
  • Sq Feet: 4235
  • Year Built: 1981
  • Location: (private lake, pond, coastal)
  • Acres: 115.390
  • Waterfront: Yes
  • County: Citrus County
  • Community: Not on List
  • Heat/AC: Central, Electric (Heating)
  • Garage: Garage, Driveway
  • Siding: Frame, Stucco, WoodSiding
  • Roof: Metal
  • Stories: 2
  • Fireplaces: Has Fireplace
  • Property Taxes: $4,392
  • MLS #: 845181

Location

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Contact Information:

Contact Agent
Listing Agent: Timothy Bender, Century21 J.W. Morton Real Estate, Inc, 352-318-8357, 352-726-6668 Listing Site, Listing Status: Active
Copyright © 2025 REALTORS Association of Citrus County, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Inverness, Florida
Ad Number : 6363936
Viewed: 277 times
Added: Jul 01, 2025
Updated on: Jan 04, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.