Residential Property - Single Family Residence in Dunnellon
Listing Price: $585,000 (Mortgage Calculator →)
Description of Property
NEW PRICE — One of Marion County’s Most Competitive Multi-Structure Estates Under $1M with Acreage, Guest House & 4,000+ SF Workshop — No HOA Two homes. One property. Endless possibilities. Opportunities like this are becoming increasingly rare—while there are properties in Marion County offering guest houses, very few combine 2+ acres, dual-living functionality, and extensive workshop space at a price point under $1M. Many comparable properties with similar features are priced well into the million-dollar range. Behind a private gated entrance, this exceptional property spans approximately 2.48 fully fenced acres, delivering privacy, usability, and room to truly live — without HOA restrictions. What sets this property apart is its true dual-living layout, ideal for multi-generational living, in-law accommodations, guest housing, or anyone needing separate yet connected living spaces — a rare find at this price point. The property features a 2,600+ SF main residence (3 bedrooms, 2 bathrooms) PLUS an approximately 1,000 SF attached guest house/in-law residence (2 bedrooms, 1.5 bathrooms) (guest residence not reflected in tax roll), thoughtfully connected through the garage. Unlike typical “suite” setups, this is a fully functional second residence. The guest house includes: • 2 bedrooms, 1.5 bathrooms • Full kitchen • Private entrance • Separate HVAC system • Private enclosed lanai with direct pool access This setup offers both complete independence and optional connectivity — perfect for extended family, guests, or flexible living arrangements. The main home is filled with natural light and offers spacious living areas designed for both everyday comfort and entertaining. Major updates include a roof replacement in 2021 and updated HVAC systems (see disclosures for details). Step outside to enjoy your own private Florida retreat — featuring an in-ground pool, multiple enclosed lanai spaces, and expansive open acreage ideal for relaxing, entertaining, or simply enjoying the peace and privacy. For those needing serious workspace or storage, the 4,000+ SF workshop complex is a standout feature — complete with multiple bays, RV and boat parking, covered carports, and ample room for equipment, hobbies, or business use. With fully fenced land and no HOA, this property easily accommodates boats, RVs, trailers, equipment, animals, and more — offering true freedom and versatility. Conveniently located just minutes from Dunnellon’s shopping and dining, and near Rainbow River and Rainbow Springs State Park, this property delivers a rare blend of privacy, flexibility, and location. NEW INCENTIVE: Seller is offering a $10,000 credit to the buyer at closing—perfect opportunity to customize the deck to your liking or apply toward closing costs.
















































































Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 3,692
Garage: Yes2 vehicles
Carport: Yes4 vehicles
Private Pool: Yes
Pool Featuress: Lighting
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Dunnellon
County: Marion
Subdivision: Rainbow Lakes Estate
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 3,692
Sq. Ft. Living Area: 2,600
Cost per (heated) sqare foot: $225
Year built: 1998
Annual Tax: $2,928
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Fireplace: Yes
Fireplace Features: Gas
Additional Rooms: Interior In-Law Suite w/Private Entry
Flooring: Tile
Schools
Elementary School: Romeo Elementary School
Middle/Junior High School: Dunnellon Middle School
High School: Dunnellon High School
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Lighting
Exterior & Construction
Architectural Style: Craftsman
Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Outdoor Grill
Garage: Yes
Garage Spaces: 2
Carport: Yes
Carport Spaces: 4
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Patio & Porch Features: Enclosed
Other Structures: Workshop
Fencing: Chain Link
Sewer: Septic Tank
Water Source: Well
Lot Information
Lot Features: Cleared
Lot Size (acres): 2.48
Lot Size (sq. ft.): 108,029 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 1806007036
Zoning: R1
Tax Legal Desc.: SEC 28 TWP 15 RGE 18 PLAT BOOK F PAGE 147 RAINBOW LAKES ESTATES SEC E BLK 7 LOTS 36.37 & S 80 FT OF LOTS 12.13
Section: 28
Range: 18
Listing courtesy of NEXTHOME PROFESSIONAL REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.