24576 NW Falcon Ave, photo 1
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Overview

5 bd2 ba2,649 sqftSingle Family
TypeSingle Family
HOANone listed
Built1964
Lot43,560 sqft
Living area2,649 sqft
Price / sqft$174

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About this home

Ceiling Fans(s)Eat-in KitchenPrimary Bedroom Main FloorSolid Surface CountersThermostatWalk-in Closet(s)LightingStorage

24576 NW Falcon Ave is a 1964-built home in Rainbow Lakes Estates Sec O, Dunnellon. Inside you'll find 5 bedrooms, 2 bathrooms, and 2,649 square feet of living space. Listed at $461,327 (about $174/sqft), 179 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

* CLICK 3D TOUR UNDER FIRST PIC* $DEAL ALERT$ 5 BED 2.5 BATH MULTI-GENERATIONAL HOME AT MARKET AVG PRICE at 175.00 A SQ/FT. Well-maintained 5-bedroom, 2.5-bath home offering flexibility, space, and recent system updates on approximately one acre across two parcels in Rainbow Lakes Estates. Notable improvements include a roof replacement in 2021, energy-efficient double-hung windows installed in 2021, and a 3.5-ton 14-SEER HVAC system also updated in 2021. The home is on .5 of the acre, & is fenced and shaded by mature oak trees. The adjacent cleared half-acre includes a newer well and offers future potential, (RV water & electric hookups) & for permitted improvements such as additional storage, RV accommodation, workshop, or garage (only county permits required). Ample on-site parking provides convenience for multiple vehicles. Located within 25 mins. drive of Rainbow & Withlacoochee rivers, Gulf Coast beaches, and Central Florida attractions, this property combines functionality with access to Florida’s outdoor lifestyle. Residents enjoy access to Rainbow Lakes Estates amenities, including a community park, center, and lake access with scenic views. PUT YOUR CRACKLIN FIRE PIT ON CLEARED .5AC AND GAZE UP AT BIG SKY VIEW OF A BILLION STARS AMIDST THE COOL EVENING BREEZES. 11 PARKING SPOTS ALONG BORDER OF HOME FOR BIG FAMILY GATHERING OR RIVER TUBING, BOATING, KAYAKING OR SWIMMING (25-30 MINUTES TO RIVER PARKS). CRYSTAL RIVER BEACH TRIPS (35 MINS) OR FAMILY EXPEDTION TO DISNEY (1.5 HRS), CEDAR KEY PUBLIC BLONDE SAND BEACH, & FISHING PIER INCLUDES FLORIDA ORANGE SUNSETS. YOUR RAINBOW LAKES ESTATES COMMUNITY FEATURES BIG FAMILY PARK, COMMUNITY CENTER WITH FREE PIER RESIDENTS ACCESS TO VIEW SUNSETS OVER SCENIC SPARKLING BLUE LAKE BONABLE. YOUTH ACTIVITY CENTER AND FAMILY LIBRARY. CONVIENENCES OF SHOPPING, WATERFRONT DINING, MEDICAL OFFICES, HOSPITALS, ENTERTAIMNET NEARBY IN OCALA, CRYSTAL RIVER AND INVERNESS. YEAR ROUND WORLD EQUESTRION CENTER, EVENTS AND CELEBRATIONS WITHIN 30 MINS. COME HOME TO SUNNY FLORIDA FRESH AIR, SUNSHINE, NO STATE INCOME TAX * PHOTOS VIRTUALLY UN-STAGED TO REMOVE FURNITURE, * Ai utilized to enhance and/or translate descriptions. Spanish remarks may not be grammatically accurate.

The essentials

Built
1964
Price / sqft
$174
On market
193 days
Annual tax
$2,072
Flood zone
X · Low risk
Lot
43,560 sqft
Type
Single Family Residence

At a glance

Single family
Built 1964
1.00 acres
Lot size
2,649 sqft
Living area

Payment

Est. monthly payment
$2,809/mo
Down payment (20%)
$92,265
Property taxes
$173/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1964
Lot
43,560 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
193
Ceiling Fans(s)
Eat-in Kitchen
Primary Bedroom Main Floor
Solid Surface Counters
Thermostat
Walk-in Closet(s)
Lighting
Storage
Association Recreation - Owned
Clubhouse
Park
Racquetball
Tennis Court(s)
Dishwasher
Disposal
Electric Water Heater
Microwave
Range
Refrigerator
Homestead exemption on file Flood Zone X
Annual Tax (2025)
$2,072
Parcel #
1815014001

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Rainbow Lakes Estates Sec O
County
Marion
MLS Area
34431 - Dunnellon
Lot Size
43,560 sqft
ClearedCorner LotLevelOversized LotUnincorporated

Price history

Date
Event
Price
3/30/2026
Listed for sale
Source: Stellar MLS #OM721759
$461,327
$174/sqft

Neighborhood

24576 NW Falcon Ave
Dunnellon, FL, 34431 · 34431 - Dunnellon

Market insights

Offer Insights

Choose an offer strength

List price: $461,327
$447,500 – $461,327
97.2% – 100% of listTops out right at the list price
80% of listList price
126 of the last 250 home closings in 34431 landed at this number or higher (50%). The median one sat 35 days before it went under contract, and this one is on day 193.

Sample: 250 closed home sales in 34431 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,809/mo
Principal & interest$2,406
Property taxes$173
Insurance$231
Down payment20% · $92,265
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$461,327

$174 per sq ft

Beds and baths

5 beds, 2 baths

Size

2,649 sq ft

Time on market

193 days

Year built

1964

Monthly payment

About $2,809/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,072 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byCOLDWELL BANKER RIVERLAND RLTYListing agent: Robert Spangler, II LLCListing data from Stellar MLS, MLS# OM721759.

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