Property Attributes
- MLS#OM728747
- TypeSingle Family
- Listing Status Pending
- CountyMarion
- CityDUNNELLON
- AreaDunnellon
- NeighborhoodRAINBOW SPGS 01 REP
- Zip34431
- StyleFlorida
- Year Built1978
- Taxes$ 3776
- Price$ 249,500
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1425
- Lot Size1.07 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. Nestled among beautiful mature pine trees on a 1-acre lot in Rainbow Springs Woodlands, this 2-bedroom, 2-bath home offers 1,425 square feet of living space. Enjoy the peaceful setting from the covered patio, where a shady breeze creates the perfect place to relax. Currently used as a short-term rental, this home offers flexibility as a primary residence, seasonal retreat, or investment property. The existing office provides an opportunity for a potential third bedroom. Buyers may also choose to reconfigure the kitchen and living area to create a more open layout. Rainbow Springs Woodlands residents enjoy access to the community's private Rainbow River park, swimming pool, pickleball courts, clubhouse, and a variety of community activities. If you're looking for an affordable home on a full acre with the opportunity to make it your own while enjoying these sought-after amenities, this property is ready for your personal touch.
| Elementary School | Middle School | High School |
|---|---|---|
| Dunnellon Elementary School Elementary School | Dunnellon Middle School Middle School | Dunnellon High School High School |
| Price History | |
|---|---|
| 7/23/2026 | Listed $250,000 |
| 8/7/2026 | Listed $249,500 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Utilities | Cable Connected,Electricity Connected |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Appliances | Dishwasher,Dryer,Electric Water Heater,Range,Refrigerator,Washer |
| Zoning | A1 |
| HOA Fee | 250 |
| Garage Spaces | 1 |
| Association Fee Includes | Community Pool,Pool Maintenance,Recreational Facilities,Security |
| Architectural Style | Florida |
| Construction Materials | Stucco |
| Pets Allowed | Cats OK,Dogs OK |
| Year Built | 1978 |
| View | Trees/Woods |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Community Features | River,Water Access,Deed Restrictions,Golf Carts OK,Pool,Restaurant,Tennis Court(s) |
| Assoc Fee Paid Per | Annually |
| County | Marion |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | Basketball Court,Fitness Center,Pickleball Court(s),Pool,Recreation Facilities,Tennis Court(s),Trail(s) |
| Attached Garage | true |
| Subdivision Name | RAINBOW SPGS 01 REP |
| Facing Direction | North |
| Garage Y/N | true |
| Other Structures | Shed(s) |
| Total Rooms | 6 |
| Full Baths | 2 |
| Status | Pending |
| Directions | From Hwy 40, head west to US Hwy 41. Turn left (south) onto US Hwy 41, then turn right onto SW 88th Place Road. Continue on SW 88th Place Road to 20790 SW 88th Place Road, which will be on your left. |
| High School | Dunnellon High School |
| City | DUNNELLON |
| Body of Water | RAINBOW RIVER |
| Association Name | Amy Martin |
| Senior Community Y/N | false |
| MLS Area | 34431 - Dunnellon |
| Lot Size Units | Acres |
| Lot Size Square Feet | 46609 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Dunnellon Elementary School |
| Land Lease Y/N | false |
| Tax Annual Amount | 3776 |
| Middle/Junior High School | Dunnellon Middle School |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://www.zillow.com/view-imx/bc19899a-763b-4b0f-90e0-955259cabe14?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Occupancy Type | Vacant |
| Tax Lot | 29 |
| Legal Description | SEC 14 TWP 16 RGE 18 PLAT BOOK R PAGE 041 RAINBOW SPRINGS 1ST REPLAT BLK 73 LOT 29 |
| Water Access Type | River |
| Minimum Lease | No Minimum |
| Water Access Y/N | true |
| Monthly HOA Amount | 20.83 |
| Additional Rooms | Den/Library/Office |
| Water View Y/N | false |
| Flood Zone Code | X |
| In Law Suite YN | false |
| Flood Zone Code X | Yes |
Interior Features
| Interior Amenities | Living Room/Dining Room Combo,Skylight(s) |
|---|---|
| Flooring | Laminate,Tile,Vinyl |
| Furnished Y/N | Negotiable |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Drapes |
| Fireplace Y/N | false |
| Laundry Features | In Garage |
| Total Bedrooms | 2 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Fire Pit,French Doors,Private Mailbox |
|---|---|
| Vegetation | Wooded |
| Parking Features | Driveway,Open |
| Lot Features | Near Golf Course |
| Water Source | Well |
| Lot Size Area | 1.07 |
| Foundation Details | Slab |
| Building Area Total | 2219 |
| Lot Size Acres | 1.07 |
| Road Surface Type | Paved |
| Private Pool | false |
| Waterfront Y/N | false |
| Covered Spaces | 1 |
| Road Frontage Type | Street Paved |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 17, 2026 10:50 PM UTC