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About this home
8859 SW 196th Avenue Rd is a 1999-built home in Fairway Estate, Dunnellon. Inside you'll find 3 bedrooms, 2 bathrooms, and 2,027 square feet of living space. Listed at $326,900 (about $161/sqft), 155 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $246 annually.
Set within the highly sought-after Rainbow Springs community in Dunnellon, this beautifully maintained 3 bedroom, 2 bathroom home offers 2,027 Sq.Ft. of living space with a spacious open floor plan, split bedroom layout for added privacy, and inside laundry for everyday convenience. A 2 car garage adds extra storage and functionality. Inside the home, you will find vaulted ceilings, a large living room area, and an additional room at the back offering flexible space for an additional living area, playroom, office, or more. The kitchen features granite countertops and an eat in kitchen area, making it functional for everyday living and entertaining. The large primary suite includes a walk in closet and ensuite bathroom complete with a tile walk in shower and soaking tub. The split floor plan offers spacious guest bedrooms, with one featuring a large walk in closet that is currently being used as an office. The guest bedrooms are conveniently located near the guest bathroom for easy access. Enjoy peaceful Florida living from the screened porch, the perfect spot to relax and take in the quiet surroundings. Positioned on a desirable homesite, the property backs up to a 3.7 acre wooded green space owned by the HOA, offering exceptional privacy with no rear neighbors and a serene natural backdrop. Just minutes away, Rainbow Springs River Access Park offers convenient entry to one of Florida’s most beautiful crystal-clear springs. Rainbow Springs HOA is only $246 per year and delivers an impressive list of amenities including private access to the Rainbow River, clubhouse, community pool, tennis courts, pickleball, billiards room, fitness center, on site restaurant, and more. Ideally located, this community offers a quiet nature filled lifestyle while still being just minutes from shopping, dining, medical services, and schools. Major updates provide peace of mind with a New Roof (2020), New Carpet (2026), New Dishwasher (2026), New Toilets (2026) and New HVAC system (2014), offering added confidence for years to come. If you’re looking for a beautiful home in a quiet, highly desirable neighborhood, this one checks all the boxes, call today!
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. 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
$326,900
$161 per sq ft
Beds and baths
3 beds, 2 baths
Size
2,027 sq ft
Time on market
155 days
Year built
1999
Monthly payment
About $2,101/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,545 annual tax bill, insurance, and the $246/yr HOA fee.
HOA fee
$246/yr
Managed by Rainbow Springs HOA.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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