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Ryan Ditmar

ryan@lineagere.com +1(407) 497-4717

$ 224,900

Est. payment | -/mo

5 Beds

3 Baths

1,831 SqFt

Save Virtual Tour

$ 224,900

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

1,831 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,831 sqft

Price per Sqft $122

Subdivision Rainbow Lake Estates

MLS Listing ID TB8524362

Bedrooms 5

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1967

Annual Tax Amount $2,227

Lot Size 1.980 Acres

Acres 1.98

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

Rare opportunity to own a unique property on nearly 2 acres in Rainbow Lakes Estates! This spacious home offers approximately 1,831 square feet with a versatile layout featuring a 2-bedroom, 2-bath main living area plus a separate 3-bedroom, 1-bath wing/In-law suite—ideal for extended family, multi-generational living, guests, a home office setup, or other flexible living arrangements.

The property also includes a new central HVAC system, new roof, a clean four-point inspection is available, and the home sits on a buildable double lot, offering outstanding future potential for expansion, investment, or additional development (buyer to verify).

While the interior is ready for your personal updates, the combination of acreage, flexible floor plan, and future possibilities makes this property unlike anything else in the area. With nearly 2 acres of land, room for all your toys, and convenient access to Rainbow Springs, the Rainbow River, shopping, and outdoor recreation, this is an exceptional opportunity to create your own private retreat.

Properties offering this much space, flexibility, and future potential rarely become available at this price point. May qualify for No money down USDA fininacing!! Kitchen appliances to be installed befopre closing. Schedule your tour today!

Location

State FL

County Marion

Community Rainbow Lake Estates

Area 34431 - Dunnellon

Zoning R1

Interior

Interior Features Other

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Ceramic Tile, Laminate

Furnishings Unfurnished

Fireplace false

Appliance None

Laundry Inside

Exterior

Exterior Feature Other

Utilities Available Electricity Connected

Roof Type Shingle

Exposure North

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Septic Tank

Water Well

Structure Type Block,Concrete,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8524362

Listed by Frank Smith KELLER WILLIAMS SUBURBAN TAMPA

NEARBY SCHOOL & BUSINESS

+1(407) 497-4717

ryan@lineagere.com

9209 Reymont Street, Orlando, FL, 32827, United States

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23162 SW NEPTUNE BLVD Dunnellon, FL 34431