21654 SW Raintree St, photo 1
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Overview

2 bd1 ba1,149 sqft1 car garageSingle Family
TypeSingle Family
HOANone listed
Built1971
Lot10,454 sqft
Living area1,149 sqft
Price / sqft$151
Garage1 car

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About this home

Ceiling Fans(s)Eat-in KitchenPrimary Bedroom Main FloorThermostatPrivate MailboxDeed RestrictionsParkPlayground

21654 SW Raintree St is a 1971-built home in Rainbow Lakes Estate, Dunnellon. Inside you'll find 2 bedrooms, 1 bathrooms, and 1,149 square feet of living space. Listed at $174,000 (about $151/sqft), 100 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Welcome to this charming 2 bedroom, 1 bath home with a 1-car garage that has been meticulously maintained and thoughtfully updated, offering both charm and peace of mind. This adorable home is located in the community of Rainbow Lakes Estates offering a comfortable living space and many updated features. As you step inside the front door, you see the spacious living room which is ideal for relaxing evenings or hosting friends. The functional kitchen has all wood cabinets and a stainless steel stove. The dining area is conveniently located beside the kitchen and just beyond is the open and bright Florida room where you can enjoy your morning coffee or the lovely view of the completely fenced backyard. There is even a screened porch to add to the outdoor enjoyment. The large laundry room is situated just behind the garage. Some of the updated items are the A/C in 2021, windows in 2022, water heater and garage door in 2026, ensuring comfort and efficiency for years to come. Location truly completes the picture. Just minutes away is Bonable Lake Park offering a playground, a peaceful lake for fishing, and a community library, making it a wonderful spot for outdoor enjoyment and neighborhood connection. Everyday conveniences are close at hand, with grocery stores, local shops, and restaurants in Dunnellon only a short drive away. Nearby is Rainbow Springs State Park, offering access to the Rainbow River, trails, and outdoor recreation, and you have the perfect blend of tranquility and accessibility for those who love to explore. You’re conveniently situated near Ocala and Crystal River, home to shopping, medical facilities, and entertainment. Also within easy reach is the renowned World Equestrian Center and Gainesville where one can enjoy theaters, city amenities, dining, healthcare, and the University of Florida. Enjoy the Florida lifestyle just minutes from the area's beautiful natural springs and a quick drive to the coast. This property delivers peaceful country living without sacrificing proximity to top-tier recreation, shopping, and dining. Truly a lovely home that is turnkey.

The essentials

Built
1971
Price / sqft
$151
On market
119 days
Annual tax
$1,187
Flood zone
X · Low risk
Lot
10,454 sqft
Type
Single Family Residence

At a glance

Single family
Built 1971
1 car garage
10,454 sqft lot
Lot size
1,149 sqft
Living area

Payment

Est. monthly payment
$1,093/mo
Down payment (20%)
$34,800
Property taxes
$99/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1971
Lot
10,454 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
119
Ceiling Fans(s)
Eat-in Kitchen
Primary Bedroom Main Floor
Thermostat
Private Mailbox
Deed Restrictions
Park
Playground
Microwave
Range
Range Hood
Refrigerator
Elementary
Romeo Elementary School
Middle
Dunnellon Middle School
High
Dunnellon High School

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone x
Annual Tax (2025)
$1,187
Parcel #
1803-011-011

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
10,454 sqft

Price history

Date
Event
Price
9/23/2026
Price change
Source: Stellar MLS #OM726715
$174,000-5.4%
$151/sqft
6/12/2026
Listed for sale
Source: Stellar MLS #OM726715
$184,000
$160/sqft

Neighborhood

21654 SW Raintree St
Dunnellon, FL, 34431 · 34431 - Dunnellon

Market insights

Offer Insights

Choose an offer strength

List price: $174,000
$170,000 – $174,000
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 119 after a $10,000 cut.

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
$1,093/mo
Principal & interest$907
Property taxes$99
Insurance$87
Down payment20% · $34,800
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

$174,000

$151 per sq ft

Beds and baths

2 beds, 1 baths

Size

1,149 sq ft

Time on market

119 days

Year built

1971

Monthly payment

About $1,093/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,187 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.

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Brokered bySELLSTATE NEXT GENERATION REALTYListing agent: Suzette Weddington-MooreListing data from Stellar MLS, MLS# OM726715.

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