3 Beds
2 Baths
2,600 SqFt
3 Beds
2 Baths
2,600 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $225
Subdivision Rainbow Lakes Estate
MLS Listing ID OM709443
Bedrooms 3
Full Baths 2
Construction Status Completed
HOA Y/N No
Year Built 1998
Annual Tax Amount $2,928
Lot Size 2.480 Acres
Acres 2.48
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
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.
Location
State FL
County Marion
Community Rainbow Lakes Estate
Area 34431 - Dunnellon
Zoning R1
Rooms
Other Rooms Interior In-Law Suite w/Private Entry
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
Heating Electric
Cooling Central Air
Flooring Carpet, Tile
Fireplaces Type Family Room, Gas
Fireplace true
Appliance Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Freezer, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Outdoor Grill
Garage Spaces 2.0
Fence Chain Link
Pool In Ground, Lighting
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Deck, Enclosed
Attached Garage true
Garage true
Private Pool Yes
Building
Lot Description Cleared
Story 1
Entry Level One
Foundation Slab
Lot Size Range 2 to less than 5
Sewer Septic Tank
Water Well
Architectural Style Craftsman
Unit Floor 1
Structure Type Stucco
New Construction false
Construction Status Completed
Schools
Elementary Schools Romeo Elementary School
Middle Schools Dunnellon Middle School
High Schools Dunnellon High School
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://nodalview.com/s/0LT2pSRBL6kejbguB5PfAz
Schools and Properties Nearby
MY BLOGS
Learn More About LPT Realty