1307 PANAMA PLACE One or more photo(s) has been virtually staged. This is the lakefront home you've been waiting for. Rarely does an opportunity arise in The Villages to own a property with both stunning lake and golf course views on an oversized lot with room to grow. An added bonus: a very low-interest assumable VA loan is available for qualified buyers, including eligible veterans and non-veterans. Nestled in the desirable Village of Rio Grande, this beautifully maintained 3-bedroom, 2-bath Designer San Miguel model offers a split-bedroom floor plan and breathtaking views from the moment you enter. Enjoy picturesque water and golf course vistas from the primary suite, great room, kitchen, and third bedroom. Sliding glass doors from both the primary suite and great room open to a spacious screened patio, creating the perfect setting for morning coffee, evening sunsets, entertaining guests, or simply relaxing while taking in the ever-changing beauty of nature. The oversized homesite offers endless possibilities, including room for a pool, golf cart garage, home expansion, or outdoor living enhancements—all at an affordable price. The private backyard provides a tranquil retreat overlooking both the lake and golf course. Thoughtfully updated, this home features neutral interior paint, modern window treatments, luxury vinyl plank flooring, Corian countertops, an UPDATED electrical panel (2026), BRAND-NEW WATER HEATER (2026), and a BRAND-NEW ROOF (2026). The great room includes a small area of new carpet that can easily be replaced to match the existing flooring. The third bedroom currently features a custom built-in desk in place of a closet, which can be easily converted back if desired. A spacious two-car garage adds convenience and storage. Beyond the home, enjoy The Villages' unmatched active lifestyle with convenient golf cart access to Spanish Springs Town Square and Lake Sumter Landing. Residents enjoy championship and executive golf courses, recreation centers, resort-style pools, pickleball courts, fitness facilities, live entertainment, dining, shopping, and hundreds of clubs and activities. Everyday conveniences such as Publix, Target, Lowe's, Walmart, CVS, Costco, Sam's Club, and numerous restaurants are all nearby, many accessible by golf cart. This exceptional waterfront property combines breathtaking views, thoughtful updates, expansion potential, and an unbeatable location—making it one of the best values in The Villages. No Bond. Motivated Seller!