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Unique property located in Rainbow Lakes Estates, a deed restricted community with no HOA. This 3 bedroom/3 bath home also has an in-law apartment with kitchen/living area and a separate room as a bedroom (has its own 1/2 bath but full bath is just outside the door in the main part of the house which can be closed off with in-law). Upon entering the home you are met with a full wall of floor to ceiling cabinets. A turn to the right and you enter the family room with a full wall stone fireplace which is separated from the kitchen with a breakfast bar. Lots of cupboards and counter tops for all your gourmet needs. The kitchen also includes a breakfast nook overlooking the back yard. Straight through the family room opens up to a vaulted formal living area with French doors out to a screened lanai overlooking the back yard. There is also access to the garage from this room and from the lanai. Back at the home entrance, with a turn to the left you enter the bedroom area. There are 2 bedrooms and a completely remodeled bathroom. The primary bedroom just down the hall also has a newly remodeled ensuite bathroom. All the rooms have beautiful natural woodwork and tons of windows to let in the natural light. In addition, there is a skylight in the bedroom hallway and a solar tube in the 3rd bathroom which is located near the entrance to the in-law suite. A large bonus room off the kitchen could be used as another living space/game room/dining room/den or office. The home has so many options for design and with your personal touches could be a true showplace! The oversized garage is not only deep but has a wall of cabinets and work benches and still has lots of space for your toys - for work or play. Access to the garage on the opposite side of the family room from the kitchen also includes a room that could be used as an indoor laundry room. There is a complete set up for laundry in the garage also. This truly is a one of a kind that with some TLC could be your next dream home. The roof was replaced in 2025. the house also has one newer hot water heater and one AC unit was installed in 2018. 2+ acre property with additional acre available for additional cost.
| DAYS ON MARKET | 99 | LAST UPDATED | 5/2/2026 |
|---|---|---|---|
| TRACT | RAINBOW LAKES ESTATE | YEAR BUILT | 1983 |
| COMMUNITY | 34431 - Dunnellon | GARAGE SPACES | 3.0 |
| COUNTY | Marion | STATUS | Pending |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Romeo Elementary School |
|---|---|
| Jr. High School | Dunnellon Middle School |
| High School | Dunnellon High School |
| PRICE HISTORY | |
| Prior to Feb 25, '26 | $385,000 |
|---|---|
| Feb 25, '26 - Mar 29, '26 | $375,000 |
| Mar 29, '26 - Today | $360,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Exhaust Fan, Refrigerator |
| AREA | 34431 - Dunnellon |
| CONSTRUCTION | Block, Stucco |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Heat Pump |
| INTERIOR | Vaulted Ceiling(s) |
| LOT | 2.1 acre(s) |
| LOT DESCRIPTION | Cleared |
| LOT DIMENSIONS | 274x320 |
| PARKING | Driveway, Garage Door Opener, Garage Faces Side, Attached |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | RAINBOW LAKES ESTATE |
| TAXES | 3120.8 |
| UTILITIES | Electricity Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Lynne Eder, RAINBOW SPRINGS REALTY GROUP, 352-489-6595
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/8/26 5:20 AM PDT.
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