11635 E Blue Cove Dr Dunnellon, FL 34432
Estimated payment $8,868/month
Highlights
- Very Popular Property
- 200 Feet of Riverfront
- Boat Lift
- Boathouse
- Floating Dock
- Corner Lot
About This Home
Discover one of the most exceptional waterfront settings on the Rainbow River, where crystal-clear spring-fed waters meet privacy, space, and authentic Old Florida charm. This rare corner parcel offers approximately 200 feet of prime direct river frontage, capturing sweeping panoramic views and refreshing breezes, tucked away from tubers and boaters in a low-traffic corner of the river. This spacious 4-bedroom, 3-full bathroom home with a 2-car garage features over 2,200 square feet of thoughtfully designed living space. Highlights include a split-bedroom layout, abundant natural light, and a screened rear porch overlooking the river—ideal for entertaining or simply unwinding with breathtaking sunset views. Key Features & Upgrades:
Approximately 200 feet of prime corner waterfront on the Rainbow River, complemented by expansive decking and multiple dock areas,
New boathouse with boat lift (2021),
New standing seam metal roof (2023),
Concrete seawall,
Granite countertops in the kitchen,
Large backyard shed for additional storage,
Whole-home central vacuum system,
Attached 2-car garage,
River-fed irrigation system,
Floating dock, Step outside to your private waterfront oasis, complete with a newer covered boathouse and boat lift—ready for effortless days on the water. This peaceful stretch of the Rainbow River is in a protected no-wake zone, creating a mirror-like surface perfect for swimming, paddleboarding, kayaking, and floating right from your backyard. Enjoy a rare and inviting water entry experience with a shallow wading area along the shoreline that gradually transitions to deeper water—ideal for all ages. Multiple access points include a ladder from the dock and a fun seat swing for an unforgettable entry into the river. The water maintains a constant 72 degrees year-round, with pristine clarity that makes it feel like your own private natural spring. Enjoy a cleaner swimming area with a built-in river-fed dock system that gently pushes away floating debris—just turn the spigot, no effort needed. Lifestyle & Location:
Nestled in the desirable Blue Cove community, this golf cart-friendly neighborhood features a low, non-mandatory HOA of just $100 yearly. Residents enjoy access to a private community park and a dock with boat ramp. Located within city limits in a quiet, tucked-away setting with paved streets, the property has no minimum lease restrictions—making it an excellent choice for a full-time home, vacation retreat, or income-producing investment. The unique peninsula-style positioning on this corner lot delivers enhanced privacy and expansive water views, creating a rare sense of openness. With recent waterfront upgrades, this home offers the perfect blend of a private oasis and exceptional positioning on one of Florida’s most iconic spring-fed rivers. Live the Rainbow River lifestyle from your own backyard—an exceptional blend of rarity, tranquility, and unmatched natural beauty.
Listing Agent
SELLSTATE NEXT GENERATION-DUNN Brokerage Phone: 352-387-2383 License #3599235 Listed on: 04/03/2026
Co-Listing Agent
SELLSTATE NEXT GENERATION-DUNN Brokerage Phone: 352-387-2383 License #3270953
Open House Schedule
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Sunday, April 26, 202611:00 am to 3:00 pm4/26/2026 11:00:00 AM +00:004/26/2026 3:00:00 PM +00:00Open House Sunday 11–3! Tour this rare waterfront home on the Rainbow River featuring ~200 ft of frontage in a peaceful no-wake zone. 4BR/3BA, 2,200+ sq ft with split plan, screened porch, and stunning views. Includes new roof (2023), boathouse with lift (2021), seawall, and docks. Located in Blue Cove with park and ramp access. Enjoy crystal-clear 72° water—perfect for swimming, kayaking, and relaxing!Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,077
Year Built
- Built in 1995
Lot Details
- 15,246 Sq Ft Lot
- Lot Dimensions are 111x137
- 200 Feet of Riverfront
- River Front
- South Facing Home
- Corner Lot
- Well Sprinkler System
- Property is zoned R1A
HOA Fees
- $8 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Slab Foundation
- Metal Roof
- Block Exterior
Interior Spaces
- 2,203 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Shutters
- Blinds
- Living Room
- River Views
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Range with Range Hood
- Recirculated Exhaust Fan
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Attic
- Attic Fan
- Attic Ventilator
Outdoor Features
- River Access
- Dock has access to water
- Seawall
- No Wake Zone
- Boat Lift
- Covered Boat Lift
- Boathouse
- Floating Dock
- Dock made with wood
- Screened Patio
- Shed
- Private Mailbox
- Rear Porch
Schools
- Dunnellon Elementary School
- Dunnellon Middle School
- Dunnellon High School
Utilities
- Central Heating and Cooling System
- 1 Water Well
- Private Sewer
- Cable TV Available
Community Details
- Blue Cove Un 01 Subdivision
- The community has rules related to allowable golf cart usage in the community
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 7 / B
- Assessor Parcel Number 3453-002-007
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,077 | $518,058 | -- | -- |
| 2024 | $8,193 | $503,458 | -- | -- |
| 2023 | $8,193 | $488,794 | -- | -- |
| 2022 | $8,192 | $474,557 | $0 | $0 |
| 2021 | $8,123 | $453,934 | $181,374 | $272,560 |
| 2020 | $3,123 | $192,253 | $0 | $0 |
| 2019 | $3,068 | $187,931 | $0 | $0 |
| 2018 | $2,913 | $184,427 | $0 | $0 |
| 2017 | $2,786 | $180,634 | $0 | $0 |
| 2016 | $2,688 | $176,919 | $0 | $0 |
| 2015 | $2,708 | $175,689 | $0 | $0 |
| 2014 | $2,552 | $174,295 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/03/2026 04/03/26 | For Sale | $1,555,000 | +135.6% | $706 / Sq Ft | |
| 08/04/2020 08/04/20 | Sold | $660,000 | -5.0% | $313 / Sq Ft | View Prior Sale |
| 07/22/2020 07/22/20 | Pending | -- | -- | -- | |
| 07/22/2020 07/22/20 | For Sale | $695,000 | 0.0% | $330 / Sq Ft | |
| 06/17/2020 06/17/20 | Pending | -- | -- | -- | |
| 05/27/2020 05/27/20 | Price Changed | $695,000 | -4.1% | $330 / Sq Ft | |
| 05/27/2020 05/27/20 | Price Changed | $725,000 | -6.5% | $344 / Sq Ft | |
| 01/07/2020 01/07/20 | Price Changed | $775,000 | -8.8% | $368 / Sq Ft | |
| 09/18/2019 09/18/19 | For Sale | $850,000 | -- | $403 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $660,000 | Sunbelt Title Services Inc | |
| Warranty Deed | $660,000 | Sunbelt Title |
Source: Stellar MLS
MLS Number: OM721673
APN: 3453-002-007
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Ask me questions while you tour the home.