20530 SW 5th Place Dunnellon, FL 34431
Estimated payment $5,244/month
Highlights
- Additional Residence on Property
- 12 Horse Stalls
- Oak Trees
- 5 Paddocks and Pastures
- Barn
- 19.17 Acre Lot
About This Home
19.17 Acres – Two Homes, Barn, No HOA!
Looking for space, income potential, and a prime location? This beautiful 19.17-acre farm in Romeo checks all the boxes! Situated on a paved road with no HOA, the property is equidistant (22 minutes) between HITS and the World Equestrian Center (see maps in photos) and just minutes from Rainbow Springs.
Perfectly designed for efficiency by a professional horseman, this farm is suitable for any discipline and offers multiple income opportunities. Live in one home and rent out the other (Airbnb/VRBO) for great returns—or even consider adding an RV hookup for guests.
The land was formerly a hay farm, providing established Bahia grass pastures to keep horses in top condition.
? Property Highlights:
Two Homes:
• Main Home – 3BR/2BA block home (1997) with new roof (2024) and HVAC (2022)
• Second Home – 3BR/2BA mobile home (2015)
12-Stall Barn with efficient layout
No HOA & agricultural zoning
Income-producing potential: boarding, Airbnb/VRBO, or seasonal rentals
Roof on Main House is 2024, HVAC 2022
Established pastureland for horses or livestock
Some photos and video are from three years ago (property was off the market due to health reasons), but updated pictures are coming soon—though the farm has changed very little.
This is a rare chance to own a versatile, income-generating farm in a sought-after location.
Listing Agent
PEGASUS REALTY & ASSOC INC Brokerage Phone: 352-629-4505 License #0672343 Listed on: 08/21/2025
Co-Listing Agent
PEGASUS REALTY & ASSOC INC Brokerage Phone: 352-629-4505 License #3448883
Property Details
Home Type
- Mobile/Manufactured
Est. Annual Taxes
- $2,795
Year Built
- Built in 1997
Lot Details
- 19.17 Acre Lot
- North Facing Home
- Cross Fenced
- Wood Fence
- Board Fence
- Wire Fence
- Oak Trees
Parking
- 2 Car Attached Garage
Home Design
- Block Foundation
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,208 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- French Doors
- Living Room
- Dining Room
- Ceramic Tile Flooring
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Outdoor Features
- 5 Paddocks and Pastures
- Front Porch
Schools
- Romeo Elementary School
- Dunnellon Middle School
- Dunnellon High School
Farming
- Barn
- Farm
Horse Facilities and Amenities
- Zoned For Horses
- 12 Horse Stalls
- Round Pen
Utilities
- Central Heating and Cooling System
- 1 Water Well
- 2 Septic Tanks
- High Speed Internet
Additional Features
- Additional Residence on Property
- Double Wide
Community Details
- No Home Owners Association
- Farm Non Sub Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 1 / 17306
- Assessor Parcel Number 17306-004-00
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 |
|---|---|---|---|---|
| 2024 | $2,634 | $178,600 | -- | -- |
| 2023 | $2,634 | $173,729 | $0 | $0 |
| 2022 | $2,634 | $166,398 | $0 | $0 |
| 2021 | $2,652 | $162,941 | $0 | $0 |
| 2020 | $2,655 | $162,088 | $0 | $0 |
| 2019 | $2,643 | $159,900 | $0 | $0 |
| 2018 | $2,473 | $155,265 | $0 | $0 |
| 2017 | $2,456 | $153,546 | $0 | $153,546 |
| 2016 | $2,434 | $151,893 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Price Changed | $949,000 | -5.0% | $296 / Sq Ft |
| 08/21/2025 08/21/25 | For Sale | $999,000 | -- | $311 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | -- | -- | |
| Warranty Deed | $275,000 | None Available | |
| Warranty Deed | $220,000 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Previous Owner | $155,025 | New Conventional | |
| Previous Owner | $160,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $145,500 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $154,000 | Unknown | |
| Previous Owner | $155,000 | Purchase Money Mortgage |
Source: Stellar MLS
MLS Number: OM705658
APN: 17306-004-00
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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