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Overview

4 bd2 ba1,900 sqft2 car garageSingle Family
TypeSingle Family
HOANone listed
Built1987
Lot35,284 sqft
Living area1,900 sqft
Price / sqft$171
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Hurricane ShuttersDishwasherDisposalDryerElectric Water HeaterMicrowaveRange

3512 SW Shorewood Dr is a 1987-built home in Rainbow Lakes Estate, Dunnellon. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,900 square feet of living space. Listed at $325,000 (about $171/sqft), 100 days on market. Flood zone X* - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

RECENT PRICE IMPROVEMENT! Motivated Sellers! Bring your best offers! Don't settle for cookie cutter! Lakefront · 4 bed / 2 bath · 1,900 sq ft · No HOA · Rainbow Lakes Estates Welcome to a one-of-a-kind lakefront retreat in the heart of Rainbow Lakes Estates — where character, privacy, and modern comfort come together on nearly an acre of stunning natural landscape. This fully updated and remodeled 4-bedroom, 2-bath home offers 1,900 sq ft of thoughtfully designed living space with no HOA, no water bill, and no sewer bill thanks to a private well and septic system. Step inside and immediately notice the luxury vinyl plank flooring throughout — no carpet in sight. The spacious main living area is flooded with natural light and features sliding glass doors that open to a large back deck overlooking a breathtaking backyard of towering ancient oak trees, lush forest, and tranquil lakefront views (** note that the lake is much lower than normal due to temporary drought conditions). Whether you're sipping your morning coffee or entertaining at sunset, this backdrop never gets old. The kitchen is a chef's dream — recessed lighting, a large island, custom granite countertops, and stainless steel appliances all in an open, airy layout designed for both function and style. The oversized primary bedroom features a generous walk-in closet and a spa-worthy en suite with a freestanding soaking tub, separate shower, and double sink vanity. When it's time to unwind, retreat to the screened-in lanai with a ceiling fan — perfect for cool evenings and warm summer nights alike. And for the hobbyist, crafter, or entertainer: don't miss the massive 12×40 ft shed built in 2025, complete with a loft, electricity, lighting, and ceiling fans. Man cave, she shed, studio, workshop — you decide. Major systems are move-in ready: new roof (2024), newer AC unit, and newer hot water heater give you peace of mind from day one. The 2-car garage rounds out the practicality this property delivers at every turn. Life in Rainbow Lakes Estates means access to two lakes with boat ramps and a fishing pier, two community parks with playgrounds, a community gym, gazebo, community center, baseball field, and racquetball and tennis courts — all in a neighborhood that's growing fast. Tucked against the Goethe State Forest with a true rural feel, you're still just minutes from Ocala, Gainesville, and Crystal River, and only 10 minutes from the world-famous Rainbow River and Rainbow Springs State Park. The unspoiled Nature Coast of the Gulf is also within easy reach- a dream if you love fishing, boating, kayaking, or just catching amazing sunsets.

The essentials

Built
1987
Price / sqft
$171
On market
114 days
Annual tax
$596
Flood zone
X* · Low risk
Lot
35,284 sqft
Type
Single Family Residence

At a glance

Single family
Built 1987
Waterfront
Lake Front
2 car garage
0.81 acres
Lot size
1,900 sqft
Living area

Payment

Est. monthly payment
$1,907/mo
Down payment (20%)
$65,000
Property taxes
$50/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1987
Lot
35,284 sqft
Cooling
Central Air
Heating
Central, Electric, Heat Pump
Parking
-
Waterfront
Lake Front
Days on Market
114
Ceiling Fans(s)
Hurricane Shutters
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Homestead exemption on file Flood Zone X*
Annual Tax (2025)
$596
Parcel #
1813-002-060

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
MLS Area
34431 - Dunnellon
Lot Size
35,284 sqft

Price history

Date
Event
Price
9/25/2026
Price change
Source: Stellar MLS #OM726663
$325,000-12.1%
$171/sqft
-
Price change
Source: Stellar MLS #OM726663
$369,900-7.3%
$195/sqft
6/17/2026
Listed for sale
Source: Stellar MLS #OM726663
$399,000
$210/sqft

Neighborhood

3512 SW Shorewood Dr
Dunnellon, FL, 34431 · 34431 - Dunnellon

Market insights

Offer Insights

Choose an offer strength

List price: $325,000
$315,000 – $325,000
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 114 after a $74,000 cut.

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
$1,907/mo
Principal & interest$1,695
Property taxes$50
Insurance$163
Down payment20% · $65,000
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

$325,000

$171 per sq ft

Beds and baths

4 beds, 2 baths

Size

1,900 sq ft

Time on market

114 days

Year built

1987

Monthly payment

About $1,907/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $596 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

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Brokered byKELLER WILLIAMS CORNERSTONE REListing agent: Don BrinningListing data from Stellar MLS, MLS# OM726663.

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