$27,000
SOLD MAY 9, 2025
0.28 Acre
$96,429 Price per Acre
12,197 Sq Ft Lot

Recently Sold

29% Below List Price

219 Days on Market

Highlights

  • 75 Feet of Lake Waterfront
  • Planned Social Activities
  • Park
  • Oak Trees
  • No HOA
  • Level Lot

About This Lot

As of May 2025

PRICE REDUCTION!! WELCOME TO YOUR LAKEFRONT HOMESITE! Build your new home on this 0.28-acre lakefront lot on Little Bonable Lake in Rainbow Lakes Estates in Dunnellon, FL! Enjoy the privacy and peaceful surroundings, with the development's own property right next door, that is routinely well-maintained, and no home will be built there! You can build your own private boat dock/ramp, enabling you to fish, kayak, etc. on the lake, where you can venture on thru the additional lakes in the area. No HOA. Site built homes only. Rainbow Lakes Estates is conveniently located to downtown Dunnellon and Rainbow Springs State Park. Centrally located, it is an easy drive to Ocala, Leesburg, Gainesville, Crystal River, Inverness, and the Gulf of Mexico. You have to see it, to appreciate it!

Last Agent to Sell the Property

Valerie Vessey

BRIDGE POINT BUSINESS REAL EST License #3581934 Listed on: 09/13/2024

Last Buyer's Agent

Valerie Vessey

BRIDGE POINT BUSINESS REAL EST License #3581934 Listed on: 09/13/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $229

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75 x 160
  • 75 Feet of Lake Waterfront
  • Lake Front
  • Northwest Facing Home
  • Level Lot
  • Oak Trees
  • Wooded Lot
  • Property is zoned R1

Property Views

  • Lake
  • Woods
  • Park or Greenbelt

Schools

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

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 16 / 8
  • Assessor Parcel Number 1812-108-016

Community Details

Overview

  • No Home Owners Association
  • Rainbow Lakes Estate Subdivision

Amenities

  • Planned Social Activities

Recreation

  • Park
  • Access To Lake
  • Access To Chain Of Lakes

Property Details

Property Type

Land

Est. Annual Taxes

$229

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Directions to Property: Head west on FL-40 W/W Silver Springs Blvd toward N Pine Ave. Continue on FL-40 W for ~20 miles. Turn Right on US HWY 41. Turn left onto SW Rainbow Lakes Blvd. Turn right toward Soundview Drive. Turn left onto Lakeland Heights Ave. Turn right onto SW Westwater Dr. Turn left onto SW Shorewood Drive. Continue on SW Shorewood Drive until you reach the development Activity/Community Building. Lot is adjacent to the left of the development property. From Inverness, take US HWY 41 to Ned Love Avenue in Dunnellon. Take Co Rd 40, SW Co Hwy 336, SE Co Rd 336 and SE Co Rd 337 to SW Shorewood Drove N. Continue on SW Shorewood Drive until you reach the development Activity/Community Building. Lot will be on the right and is adjacent to the left of the development property.
  • Status: Sold
  • Street Direction: SW
  • Street Post Direction: N
  • Ownership: Fee Simple
  • Escrow City: Spring Hill
  • Escrow Postal Code: 34609
  • Escrow State: FL
  • Escrow Street Name: Anderson Snow Road
  • Escrow Street Number: 3087
  • List Office Head Office Key Nume: 704130273
  • RATIO Current Price By Calculate: 2.21
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Lake,Water Access,Waterfront
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: TBD

Exterior Features

  • Direction Faces: Northwest
  • View: Park/Greenbelt, Trees/Woods, Water
  • Water Body Name: LITTLE LAKE BONABLE
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • Water Access: Lake,Lake - Chain of Lakes
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 75
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12083C0445D
  • Water Frontage Feet Lake: 75
  • Price Per Acre: 96429

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Needed
  • Water Source: Well Required
  • Number Of Septics: 0
  • Number of Wells: 0

Condo/Co-op/Association

  • Community Features: Activity Core/Center, Park
  • Association: No
  • Association 2 YN: 0
  • Development: Rainbow Lakes Estates

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: 1812-108-016
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, In County, Level, Room For Pool, Sloped, Paved, Wooded
  • Lot Dimensions: 75 x 160
  • Flood Zone Code: A
  • Lot Size Square Meters: 1133
  • Current Adjacent Use: Park,Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 229
  • Tax Block: 8
  • Tax Book Number: H-054RAINBOW
  • Tax Lot: 16

Multi Family

  • Waterfront Features: Lake Front

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $27,000 -68.9% --
04/20/2025 04/20/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $86,900 +141.4% --
02/08/2025 02/08/25 Price Changed $36,000 -59.8% --
01/27/2025 01/27/25 For Sale $89,500 0.0% --
01/27/2025 01/27/25 For Sale $89,500 +135.5% --
09/13/2024 09/13/24 For Sale $38,000 -56.6% --
08/07/2024 08/07/24 For Sale $87,500 +297.7% --
09/09/2022 09/09/22 Sold $22,000 -11.6% --
08/10/2022 08/10/22 Pending -- -- --
06/25/2022 06/25/22 For Sale $24,900 +71.7% --
11/02/2021 11/02/21 Sold $14,500 -17.1% --
10/11/2021 10/11/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $17,500 +75.0% --
09/21/2021 09/21/21 Sold $10,000 -50.0% --
07/02/2021 07/02/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $20,000 +122.2% --
06/23/2021 06/23/21 Sold $9,000 -10.0% --
05/21/2021 05/21/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $10,000 -42.9% --
04/26/2021 04/26/21 Sold $17,500 0.0% --
03/23/2021 03/23/21 Pending -- -- --
02/14/2021 02/14/21 Price Changed $17,500 0.0% --
02/14/2021 02/14/21 For Sale $17,500 +12.9% --
01/29/2021 01/29/21 Pending -- -- --
01/03/2021 01/03/21 For Sale $15,500 +72.2% --
08/13/2019 08/13/19 For Sale $9,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7868354

Stellar MLS