Lots 11.12 SW Shorewood Drive, photo 1
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Overview

0 baOther
TypeOther
HOANone listed
Lot27,878 sqft

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About this home

Lots 11.12 SW Shorewood Drive is a home in Rainbow Lakes Estate, Dunnellon.

From the listing

BEAUTIFUL WATERFRONT HOMESITE. Build your dream home on this .64 acre lakefront lot on scenic Lake Bonable in Rainbow Lakes Estates, Dunnellon. Imagine yourself waking up every morning greeted by a picturesque view of a calm body of water glistening in the morning sunshine as you look outside the window of your kitchen or as you sip your cup of coffee at your patio overlooking the placid lake. It is an ideal homesite for your forever home, vacation home or income generating Airbnb project. Enjoy the privacy and serenity of country style living in this quiet and established neighborhood. Build your own private boat ramp and enjoy boating and fishing on the big lake which connects to Tiger Lake. Or you can access either of the two boat ramps available on Lake Bonable and Tiger Lake for area residents. The lot is conveniently located about 1 mile from the Community Center which has its own clubhouse, youth center, kids playground, basketball court, tennis court, gazebo, lake view deck and fishing pier. It is at the dead end of Shorewood Drive. Easy to clear lot. Paved roads. No HOA. Zoned R-1 for site built homes only, no mobile homes. It is a perfect getaway from the hustle and bustle of city life yet still close to city amenities. Its an easy drive to downtown Dunellon and the cities of Crystal River, Ocala, and Gainesville. Outdoor enthusiasts would love its proximity to the beautiful Rainbow Springs State Park which offers great outdoor activities like canoeing, kayaking, tubing, swimming, snorkeling and picnic. For equine enthusiasts, the World Equestrian Center is just minutes away. Ready to build your new home now? Inquire about our partner builders who can provide you different home models, floor plans and price ranges to choose from. PROPERTY IS ELIGIBLE FOR A NO DOWNPAYMENT NEW CONSTRUCTION LOAN.

The essentials

On market
123 days
Annual tax
$785
Lot
27,878 sqft
Type
Other

At a glance

Payment

Est. monthly payment
$407/mo
Down payment (20%)
$11,980
Property taxes
$65/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Other
Year Built
-
Lot
27,878 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
123
Annual Tax (2025)
$785

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 Estate
County
Marion
Lot Size
27,878 sqft

Price history

Date
Event
Price
6/8/2026
Listed for sale
Source: Stellar MLS #OM726317
$59,900

Neighborhood

Lots 11.12 SW Shorewood Drive
Dunnellon, FL, 34431

Market insights

Offer Insights

Choose an offer strength

List price: $59,900
$58,000 – $59,900
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 123.

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

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Calculator

Est. monthly payment
$408/mo
Principal & interest$312
Property taxes$65
Insurance$30
Down payment20% · $11,980
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

$59,900

Time on market

123 days

Monthly payment

About $407/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $785 annual tax bill, insurance.

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Brokered byFLORIDA HEARTLAND REALTY LLCListing agent: Rudy NicolasListing data from Stellar MLS, MLS# OM726317.

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