$264,999

20639 SW Rainbow Lakes Blvd Dunnellon, FL 34431

Estimated payment $1,763/month

Total Views 3,257
3 Beds
2 Baths
1,550 Sq Ft
$171 Price per Sq Ft

Highlights

  • Boathouse
  • Sauna
  • Sun or Florida Room
  • Airplane Hangar
  • Bonus Room
  • No HOA

About This Home

Eligible for full financing!!! Lease-to-own option available. NO HOA. Live/work options. Can be income-producing.
A unique property fully renovated; new roof, 2 storage utilities, and a huge 41 x 30 Hangar/Quonset hut with electricity and hurricane storm panels that can be used for storage, parking, a workshop, or converted into a separate suite. Home has 3 bedrooms, 2 baths, a Florida room/sunroom, and is wired for a full home generator. All appliances convey.
Land is a rare commodity in the central Florida area, and this property has plenty of it with almost a half-acre. Property is unincorporated.
Plenty of opportunity with this beautiful property.

Listing Agent

Reneka Whicker

LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3299880 Listed on: 08/06/2025

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,747

Year Built

  • Built in 1977

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 70x150
  • South Facing Home
  • Chain Link Fence
  • Oversized Lot
  • Property is zoned R1

Parking

  • 3 Car Garage
  • Parking Pad
  • Ground Level Parking

Home Design

  • Block Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Washer and Electric Dryer Hookup
  • Sauna
  • Hurricane or Storm Shutters

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Airplane Hangar
  • Boathouse
  • Separate Outdoor Workshop
  • Shed
  • Private Mailbox

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Romeo Elementary School
  • Dunnellon Middle School
  • Dunnellon High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rainbow Lakes Estate Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,747

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1550
  • Lot Size Acres: 0.48
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 1550
  • Lot Size Sq Ft: 20909
  • Directions to Property: From US-41, turn on SW Rainbow Lakes Blvd. Property is 1.2 miles down on the right.
  • Status: Active
  • Street Direction: SW
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Orlando
  • Escrow Postal Code: 32828
  • Escrow State: FL
  • Escrow Street Name: Alafaya Trail, Suite 111
  • Escrow Street Number: 650
  • List Office Head Office Key Nume: 524162049
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 170.97
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Barn Features: None
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: Detached (ADU)
  • MFR_InLawSuiteUnderAirSqFt: 0.00
  • Attribution Contact: 877-366-2213
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 20639
  • Additional Rooms: Bonus Room,Florida Room,Storage Rooms
  • Living Area Meters: 144.00
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Other Structures: Airplane Hangar, Boat House, Shed(s), Storage, Workshop
  • Exterior Features: Hurricane Shutters, Private Mailbox, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Concrete
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Ground Level, Oversized, Parking Pad

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Romeo Elementary School
  • High School: Dunnellon High School
  • Middle Or Junior School: Dunnellon Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 1801-024-083
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Oversized Lot
  • Lot Dimensions: 70x150
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1943

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3746.98
  • Tax Block: 24
  • Tax Book Number: F-136RAINBOW
  • Tax Lot: 83

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2023 $3,747 $220,103 $12,450 $207,653
2022 $681 $60,479 $0 $0
2021 $686 $58,717 $0 $0
2020 $685 $57,906 $0 $0
2019 $681 $56,604 $0 $0
2018 $659 $55,549 $0 $0
2017 $653 $54,406 $0 $0
2016 $651 $53,287 $0 $0
2015 $656 $52,917 $0 $0
2014 $630 $52,497 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $264,999 +93.4% $171 / Sq Ft
09/16/2022 09/16/22 Sold $137,000 -17.0% $88 / Sq Ft
08/17/2022 08/17/22 For Sale $165,000 -- $106 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $149,900 Akw Title Group
Warranty Deed $137,000 --
Quit Claim Deed -- None Listed On Document
Warranty Deed $48,000 Rainbow Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $201,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $65,400 Unknown
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: O6333927

Stellar MLS

APN: 1801-024-083