

Overview
Ask anything about this home
Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.
About this home
20638 SW 88 Place Rd is a 2025-built home in Rainbow Springs, Dunnellon. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,151 square feet of living space. Listed at $584,900 (about $272/sqft), 94 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $243 annually.
SELLER OFFERING $10k IN CLOSING COST ASSISTANCE w/ acceptable offer. NEW CONSTRUCTION!! Luxury home with high-end finishes and exceptional craftsmanship! This impeccable new construction home offers the perfect blend of elegance, comfort, and outdoor living. Situated on a beautifully landscaped 1.05-acre lot with mature landscaping and a full irrigation system, this stunning property boasts 2,151 square feet of thoughtfully designed living space featuring 3 spacious bedrooms and 2 bathrooms. Step through the front door and immediately be captivated by the bright, open floor plan with soaring tray ceilings, luxury vinyl plank flooring, and breathtaking views of the sparkling saltwater pool. Designed for both everyday living and entertaining, the gourmet kitchen is truly the heart of the home, featuring solid wood cabinetry, gorgeous quartz countertops, a stainless steel double-oven electric range, an oversized center island with a built-in microwave drawer, and abundant workspace for the home chef. The spacious primary suite is a private retreat complete with tray ceilings, a cozy sitting area, direct access to the lanai and pool, a large walk-in closet, dual vanities, and a luxurious walk-in shower finished with floor-to-ceiling tile. The split-bedroom layout provides exceptional privacy for family and guests. The additional bedrooms are generously sized with tray ceilings, built-in closets, and plush carpeting. One guest bedroom also features private access to the lanai and pool area, making it ideal for visitors or creating the perfect indoor-outdoor guest suite. Step outside to your own backyard paradise. The expansive covered lanai overlooks the beautiful saltwater pool with a stunning waterfall feature, creating the perfect setting for relaxing afternoons or entertaining friends and family. Home has radiant barrier and reduces attic temps by up to 30 degrees! PLUS, R30 batting over living area. LOW HOA of $243/yr and the amenities include: private beach on the Rainbow River to swim or launch a kayak, community pool, clubhouse, tennis courts, walking trails, restaurant and MUCH MORE! Property is a short 15 minute drive to Dunnellon where you will find shopping, restaurants, grocery stores and medical offices.
The essentials
At a glance
Payment
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
Neighborhood
Market insights
Offer Insights
Choose an offer strength
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 teamCalculator
Not sure what you can afford?
Put in your household income and we will tell you where this payment sits.
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
$584,900
$272 per sq ft
Beds and baths
3 beds, 3 baths
Size
2,151 sq ft
Time on market
97 days
Year built
2025
Monthly payment
About $3,434/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $852 annual tax bill, insurance, and the $243/yr HOA fee.
HOA fee
$243/yr
Managed by Amy Martin.
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?
Keep exploring Florida
Pick up where you left off, or see what else is out there.







