Investor Alert! Located in Fairview Estates on 1.10 acres, this spacious 3 bedroom, 3 bathroom home with just over 2,300 square feet offers incredible potential for the right buyer. Please note the property includes a mandatory Citrus Hills Social Membership with dues currently at $614 per quarter, separate from the Fairview Estates HOA fee of $82.50 annually. Featuring a split floor plan, the layout provides flexibility and separation of space, including a third bedroom with its own ensuite that could easily function as a second primary suite, mother in law setup, or convenient pool bath access. Four separate sets of sliding glass doors lead out to the screened in ground pool, creating a bright indoor outdoor feel with abundant natural light throughout. The expansive covered lanai features a low maintenance vinyl ceiling along with a summer kitchen setup, making it great for entertaining. Soaring ceilings, a formal dining room, and separate living area add to the home’s spacious feel. Major updates include contemporary French front doors with a 3 point locking system, newer refrigerator and stove, 2014 roof, and 2018 HVAC. The home backs up to a retention area with no rear neighbors directly behind the property. This is a true handyman or investor special and the home does need TLC, but the size, layout, acreage, and location create an incredible opportunity to transform the property into something special. The home is priced accordingly for its current condition. Fairview Estates, part of the Villages of Citrus Hills, is known for its acre lots, oak lined streets, and tucked away garden atmosphere. Conveniently located about 6 miles from the Shoppes at Black Diamond for restaurants, grocery stores, and shopping, and just 1.5 miles from the 47 mile Withlacoochee State Trail bike and walking trail.
Property Details
Price:
$340,000
MLS #:
OM724444
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
FAIRVIEW ESTATES
Neighborhood:
34442hernando
Listed Date:
May 8, 2026
Finished Sq Ft:
2,305
Total Sq Ft:
3,350
Lot Size:
47,870 sqft / 1.10 acres (approx)
Year Built:
1994
See this Listing
Schools
Elementary School:
Central Ridge Elementary School
Middle School:
Citrus Springs Middle School
High School:
Lecanto High School
Interior
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Heat Pump
Interior Features
Ceiling Fan(s), Central Vacuum, High Ceilings, Primary Bedroom Main Floor, Skylight(s), Split Bedroom, Walk-In Closet(s), Window Treatments
Laundry Features
Laundry Room
Levels
One
Exterior
Attached Garage YN
1
Community Features
Deed Restrictions
Construction Materials
Block, Stucco
Covered Spaces
2
Direction Faces
North
Exterior Features
French Doors, Outdoor Kitchen, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
Garage Spaces
2
Lot Features
Landscaped, Private
Roof
Shingle
View
Garden
Financial
HOA Fee
$83
HOA Fee Frequency
Annually
HOA Name
Parklane Real Estate Services
HOA Phone
727-232-1173
Tax Year
2025
Taxes
$2,354
Map
Community
- Address1540 E WEDGEWOOD LANE HERNANDO FL
- SubdivisionFAIRVIEW ESTATES
- CityHERNANDO
- CountyCitrus
- Zip Code34442
Market Summary
Current real estate data for Single Family in HERNANDO as of May 21, 2026
76
Single Family Listed
107
Avg DOM
223
Avg $ / SqFt
$548,705
Avg List Price
Property Summary
- Located in the FAIRVIEW ESTATES subdivision, 1540 E WEDGEWOOD LANE HERNANDO FL is a Single Family for sale in HERNANDO, FL, 34442. It is listed for $340,000 and features 3 beds, 3 baths, and has approximately 2,305 square feet of living space, and was originally constructed in 1994. The current price per square foot is $148. The average price per square foot for Single Family listings in HERNANDO is $223. The average listing price for Single Family in HERNANDO is $548,705. To schedule a showing of MLS#om724444 at 1540 E WEDGEWOOD LANE in HERNANDO, FL, contact your LPT Realty agent at 813.694.8061.
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Courtesy of LPT REALTY, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than LPT Realty include the name of the listing broker. Neither the listing company nor LPT Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1540 E WEDGEWOOD LANE
HERNANDO, FL
