5128 SW South Water Ct Dunnellon, FL 34431
Estimated payment $1,063/month
Highlights
- New Construction
- Great Room
- No HOA
- Cathedral Ceiling
- Stone Countertops
- 1 Car Attached Garage
About This Home
Under Construction. We are now offering $4,000 in concessions with Down Payment Assistance Program. Are you ready to embrace the lifestyle you've always dreamed of? Look no further, as an exquisite home is currently under construction in the highly sought-after Rainbow Lakes Estates. This property brings together modern design, comfort, and a strong sense of community. Key Features: 1. Open Concept Living: This home features a thoughtfully designed open concept layout, creating an expansive and inviting atmosphere. The seamless flow from the living area to the dining space is perfect for hosting friends and family. 2. Split Bedroom Plan: Privacy and comfort are paramount in this home, thanks to the well-thought-out split bedroom plan. The master suite is discreetly separated from the other bedrooms, providing a serene retreat. 3. Warranty Included: Your investment is safeguarded with a 1 year builder warranty, assuring you of quality and peace of mind for years to come. 4. Contemporary Kitchen: The kitchen is a true culinary haven, boasting a luxurious granite countertop and a stainless steel appliance package. This kitchen is not only stylish but also highly functional, making it a delightful space for preparing meals. 5. No Carpet: Say goodbye to the hassle of carpet maintenance. This home is designed with your convenience in mind, featuring no carpet, ensuring easy cleaning and a more allergen-friendly environment. 6. Community Oasis: Rainbow Lakes Estates is a vibrant and friendly community. Paved streets make for safe and enjoyable strolls, and the neighborhood's Lakes Community Center offers an array of amenities, including a library, a playground, and an outdoor exercise center. Here, you'll find everything you need for a fulfilling and active lifestyle. Seize the opportunity to own a home in the enchanting Rainbow Lakes Estates. This property seamlessly blends contemporary living with a warm and welcoming community. Don't wait - schedule a viewing today and begin imagining the life you've always wanted in this exceptional setting.
Listing Agent
PLATINUM HOMES AND LAND REALTY Brokerage Phone: 352-620-0207 License #3078460 Listed on: 12/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $148
Year Built
- Completed in 2026 | New Construction
Lot Details
- 10,500 Sq Ft Lot
- Lot Dimensions are 70x150
- East Facing Home
- Cleared Lot
- Property is zoned R1
Parking
- 1 Car Attached Garage
- Driveway
Home Design
- Home is estimated to be completed on 1/27/26
- Slab Foundation
- Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,003 Sq Ft Home
- Cathedral Ceiling
- Great Room
- Vinyl Flooring
- Laundry in Garage
Kitchen
- Eat-In Kitchen
- Dinette
- Range
- Microwave
- Dishwasher
- Stone Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Schools
- Romeo Elementary School
- Dunnellon Middle School
- Dunnellon High School
Utilities
- Central Air
- Heat Pump System
- Well
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Built by CRAFTSMAN HOMES OF CENTRAL FL LLC
- Rainbow Lakes Estates Subdivision, Apprentice 1 Floorplan
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 23 / 16
- Assessor Parcel Number 1813-016-023
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 | $182 | $3,395 | -- | -- |
| 2023 | $187 | $3,086 | $0 | $0 |
| 2022 | $129 | $2,805 | $0 | $0 |
| 2021 | $114 | $2,550 | $2,550 | $0 |
| 2020 | $114 | $2,550 | $2,550 | $0 |
| 2019 | $118 | $2,800 | $2,800 | $0 |
| 2018 | $114 | $2,900 | $2,900 | $0 |
| 2017 | $109 | $2,500 | $2,500 | $0 |
| 2016 | $103 | $2,000 | $0 | $0 |
| 2015 | $102 | $1,870 | $0 | $0 |
| 2014 | $96 | $1,700 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2025 12/17/25 | For Sale | $199,995 | -- | $199 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $9,000 | First National Title & Escrow | |
| Warranty Deed | $5,500 | Royal Palm Title & Abstract |
Source: Stellar MLS
MLS Number: OM715108
APN: 1813-016-023
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