$530,000
SOLD SEP 2, 2025

21655 SW 89th St Dunnellon, FL 34431

3 Beds
2 Baths
2,346 Sq Ft
87,991 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • River Access
  • 2.02 Acre Lot
  • Outdoor Kitchen
  • Screened Pool
  • Cathedral Ceiling
  • Home Office

About This Home

As of September 2025

Live Where the Forest Meets the River – Welcome to Rainbow Springs Woodlands, a community known for spacious landscapes around its homes and a very rare opportunity to have private access to the Rainbow River! Tucked away on 2 serene acres in the Rainbow Springs Woodlands, this stunning 3-bedroom, 2-bathroom pool home offers the kind of peaceful, nature-connected lifestyle most only dream about. Inside, you’ll find a comfortable office upon entry, a warm and welcoming layout, a well-appointed kitchen featuring Corian countertops and a central island, and plenty of room to gather. One of the bedrooms has been expanded into a billiards/game room—perfect for entertaining, but easily convertible back to a formal bedroom if desired. The spacious primary suite is a true getaway, complete with French doors that open to your private pool oasis. Once you step outside to the pool area, you will love the expansive and lush forest backdrop, a sparkling pool with a cascading fountain, and an oversized lanai with a full summer kitchen—ideal for holiday grilling or alfresco dining, or long, lazy afternoons by the water. Most exciting about this home is also its private access to the legendary Rainbow River—one of Florida’s most breathtaking natural treasures. Imagine launching your kayak or paddleboard into crystal-clear spring-fed waters, swimming with otters, or just drifting under the cypress trees as the world fades away. Residents also enjoy top-tier amenities, including a community pool, tennis and pickleball courts, a clubhouse with billiards and game rooms, and the lively Cheers Restaurant, where locals gather for live music every Friday and Saturday night. All of this, just a short drive to restaurants, shopping, and grocery stores, within 30 minutes to Ocala (and the World Equestrian Center), 45 minutes to Gainesville, and under 2 hours to the Tampa or Orlando theme parks, airports, and some of Florida’s most popular beaches. Discover the magic of Rainbow River living—schedule your private tour today!

Last Agent to Sell the Property

Julie Beck

KELLER WILLIAMS CORNERSTONE RE Brokerage Phone: 352-369-4044 License #3403501 Listed on: 07/27/2025

KELLER WILLIAMS CORNERSTONE RE

Last Buyer's Agent

Brad Smith

UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY License #550985

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,909

Year Built

  • Built in 2006

Lot Details

  • 2.02 Acre Lot
  • Lot Dimensions are 198x445
  • Southwest Facing Home
  • Metered Sprinkler System
  • Property is zoned A1

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,346 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • River Access
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener
  • Septic Tank

Community Details

  • Rainbow Springs Poa Amy Martin Association, Phone Number (352) 489-1621
  • Visit Association Website
  • Rainbow Spgs 01 Rep Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,909

Year Built

Built in 2006

Lot Details

2.02 Acres

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2346
  • Lot Size Acres: 2.02
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 4412
  • Lot Size Sq Ft: 87991
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 409.89
  • Escrow City: Dunnellon
  • Escrow State: FL
  • Escrow Street Name: W Pennsylvania Ave
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 225.92
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-369-4044
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Stories: 1
  • Living Area Meters: 217.95

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Lighting, Outdoor Kitchen, Sprinkler Metered, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • Water Body Name: RAINBOW RIVER
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: River
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Additional Water Information: This home has access to the Rainbow Springs private community park

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 243
  • Association Fee Frequency: Annually
  • Association Name: Rainbow Springs POA - Amy Martin
  • Phone: (352) 489-1621
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: rspoacam@villagesservices.net
  • Association URL: https://engage.goenumerate.com

Fee Information

  • Total Annual Fees: 243.00
  • Total Monthly Fees: 20.25
  • Monthly HOA Amount: 20.25

Schools

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

Lot Info

  • Zoning: A1
  • Parcel Number: 3292-016-025
  • Additional Parcels: No
  • Lot Dimensions: 198x445
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2908.86
  • Tax Block: 16
  • Tax Book Number: R-041RAINBOW
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2025
Closed on
Sep 2, 2025
Sold by
Nealon Barbara
Bought by
Higgs Living Trust and Higgs
Seller's Agent
Julie Beck
KELLER WILLIAMS CORNERSTONE RE
Buyer's Agent
Brad Smith
UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Views
16
Current Estimated Value
$527,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,844
Avg. Annual Appreciation
-0.99%

Purchase Details

Closed on
Sep 13, 2004
Sold by
Mitchell Howard W and Mitchell Elizabeth
Bought by
Nealon Dennis J and Nealon Barbara
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $530,000 Clear Choice Title
Warranty Deed $530,000 Clear Choice Title
Warranty Deed $30,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2025 09/02/25 Sold $530,000 +1.0% $226 / Sq Ft
08/03/2025 08/03/25 Pending -- -- --
07/27/2025 07/27/25 For Sale $525,000 -- $224 / Sq Ft
Source: Stellar MLS

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 $3,165 $217,776 -- --
2024 $2,909 $211,638 -- --
2023 $2,909 $205,474 -- --
2022 $2,755 $199,489 $0 $0
2021 $2,750 $193,679 $0 $0
2020 $2,726 $191,005 $0 $0
2019 $2,683 $186,711 $0 $0
2018 $2,542 $183,230 $0 $0
2017 $2,493 $179,461 $0 $0
2016 $2,449 $175,770 $0 $0
2015 $2,464 $174,548 $0 $0
2014 $2,318 $173,163 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM706337

Stellar MLS

APN: 3292-016-025

Your Personal Tour Guide

Ask me questions while you tour the home.