$400,000
$20K PRICE DROP

Estimated payment $2,539/month

Total Views 8,576
4 Beds
3 Baths
1,872 Sq Ft
$214 Price per Sq Ft

Highlights

  • River Access
  • Oak Trees
  • Open Floorplan
  • Fitness Center
  • 1 Acre Lot
  • Whirlpool Bathtub

About This Home

This exceptional tri-level home is a rare find in the highly desirable Rainbow Springs Woodlands community. Situated on a sprawling one-acre lot, this home offers exclusive access to a private residence park on the breathtaking Rainbow River. Recently renovated, the home features a brand-new roof installed in 2024, helping to reduce homeowners insurance costs. The unique floor plan includes a spacious first-floor primary suite, complete with an ensuite bathroom and a generous walk-in closet. The luxurious ensuite boasts elegant porcelain tile, a Bluetooth lighting system, a soothing heated jacuzzi tub, a spacious shower, and a private water closet. The second (main) floor is the heart of the home—a perfect space for gathering with family and friends. Thoughtfully renovated with a modern and bright aesthetic, this level features sleek new cabinets, stainless steel appliances, a spacious pantry, luxury vinyl plank flooring, and updated ceiling fans. Sliding glass doors lead to a large covered porch, extending your living and entertaining space outdoors. Whether you're hosting guests or enjoying a quiet evening, this inviting area is ideal for relaxing, watching the amazing wildlife and cooking up your best BBQ. Ascending to the third level, you'll find a junior primary suite featuring a spacious walk-in closet and a private ensuite bathroom. This floor also includes two additional bedrooms and a full bath, providing ample space for family or guests. All bedrooms have been updated with luxurious vinyl plank flooring, while the bathrooms are beautifully finished with elegant tile, adding a touch of sophistication and durability. Stepping out the front door, you'll be welcomed by a spacious covered porch, perfect for enjoying the serene surroundings in your rocking chair. The expansive yard is adorned with mature trees, including a fruitful orange tree, adding charm and natural beauty to the property. For your four-legged family members, the backyard is equipped with an electric dog fence, providing a safe and secure space for them to roam freely. Additionally, Rainbow Springs residents enjoy the community swimming pool, clubhouse, bocce ball, pickle ball, tennis, basketball, driving range, restaurant, disc golf and access to the 3 acre resident only river park which is just a 1500 foot peaceful kayak or canoe paddle from the first magnitude Rainbow River State Park head spring. This exclusive community river park has 2 large pavilions, BBQ grills, picnic table, two bathrooms, outdoor shower private swimming area and kayak launch. This ideal location places you at the doorstep of small town living at its finest in addition to being close to Ocala and Gainesville for hospitals, restaurants and shopping. Don't miss this extraordinary home, book a showing today!

Last Listed By

Cheryl Regina

RAINBOW SPRINGS REALTY GROUP Brokerage Phone: 352-489-6595 License #3521070 Listed on: 02/09/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,411

Year Built

  • Built in 1974

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150x293
  • Northwest Facing Home
  • Electric Fence
  • Mature Landscaping
  • Sloped Lot
  • Oak Trees
  • Fruit Trees
  • Wooded Lot
  • Property is zoned A1

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Laundry in Garage

Kitchen

  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Single Vanity
  • Private Water Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Shower Only

Outdoor Features

  • River Access
  • Covered patio or porch
  • Rain Gutters
  • Private Mailbox

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 1 Water Well
  • Electric Water Heater
  • 1 Septic Tank
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, management
  • Amy Martin Association, Phone Number (352) 489-1621
  • Visit Association Website
  • Rainbow Springs, The Woodlands Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Restaurant

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,411

Year Built

Built in 1974

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Management
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Brick, Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1872
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 2648
  • Lot Size Sq Ft: 43950
  • Directions to Property: Heading West on US 40 from Ocala towards Dunnellon, at stop light, intersection of US 40 & US 41, turn left heading South on US 41. Turn right onto SW 88th Place Road; turn left on SW 209th Circle, home is about 1/2 around circle on left. Sign in front.
  • Status: Active
  • Street Direction: SW
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SE 15 Avenue
  • Escrow Street Number: 1890
  • List Office Head Office Key Nume: 529793834
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 213.68
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: River,Water Access
  • Attribution Contact: 352-489-6595
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 4
  • Levels: Multi/Split
  • Stories: 3
  • Street Number Modifier: 8981
  • Living Area Meters: 173.91
  • Room Count: 8

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: THE RAINBOW RIVER
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water Access: River
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Pool, Restaurant
  • Association Amenities: Basketball Court, Fitness Center, Pickleball Court(s), Pool, Shuffleboard Court, Tennis Court(s)
  • Association Fee: 243
  • Association Fee Frequency: Annually
  • Association Name: 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: www.rspoa.nabrnetwork.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: 3291-012-008
  • Additional Parcels: No
  • Fencing: Electric
  • Lot Features: In County, Sloped
  • Lot Dimensions: 150x293
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 4083

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Contact the POA for Lease Restrictions and requirements.

Tax Info

  • Tax Annual Amount: 3411
  • Tax Block: 12
  • Tax Book Number: P/010
  • Tax Lot: 8

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 $3,516 $203,526 $0 $0
2022 $3,235 $185,024 $21,250 $163,774
2021 $2,374 $130,974 $14,500 $116,474
2020 $2,216 $121,235 $15,300 $105,935
2019 $2,096 $114,980 $11,900 $103,080
2018 $1,782 $92,375 $12,500 $79,875
2017 $1,743 $89,690 $11,900 $77,790
2016 $1,639 $83,350 $0 $0
2015 $1,620 $81,155 $0 $0
2014 $1,520 $79,248 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Price Changed $400,000 +2.6% $214 / Sq Ft
05/01/2025 05/01/25 Price Changed $390,000 -2.3% $208 / Sq Ft
04/05/2025 04/05/25 Price Changed $399,000 -0.3% $213 / Sq Ft
03/29/2025 03/29/25 Price Changed $400,000 -3.6% $214 / Sq Ft
03/09/2025 03/09/25 Price Changed $415,000 -1.2% $222 / Sq Ft
02/09/2025 02/09/25 For Sale $420,000 +16.7% $224 / Sq Ft
06/17/2024 06/17/24 Sold $360,000 -1.4% $192 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $365,000 -6.2% $195 / Sq Ft
04/16/2024 04/16/24 For Sale $389,000 0.0% $208 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
11/16/2023 11/16/23 Price Changed $389,000 -2.7% $208 / Sq Ft
09/22/2023 09/22/23 For Sale $399,900 +90.4% $214 / Sq Ft
04/27/2021 04/27/21 Sold $210,000 +8.3% $112 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $193,900 -- $104 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 Marion Lake Sumter Title
Warranty Deed $210,000 Marion Lake Sumter Title Llc
Warranty Deed $15,000 Gulf Coast Title Co
Special Warranty Deed $60,000 Commerce Title Of America Ll
Trustee Deed -- Attorney
Warranty Deed $198,000 Ocala Land Title Insurance A
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 VA
Previous Owner $202,991 FHA
Previous Owner $12,000 Credit Line Revolving
Previous Owner $15,000 Credit Line Revolving
Previous Owner $48,000 New Conventional
Previous Owner $10,000 Stand Alone Second
Previous Owner $178,200 Negative Amortization
Previous Owner $53,670 Unknown
Previous Owner $41,300 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: OM694777

Stellar MLS

APN: 3291-012-008