11685 E Blue Cove Dr, photo 1
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Overview

5 bd4 ba6,040 sqft4 car garageSingle Family
TypeSingle Family
HOANone listed
Built1991
Lot15,682 sqft
Living area6,040 sqft
Price / sqft$414
Garage4 car

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

About this home

Built-in FeaturesElevatorKitchen/Family Room ComboOpen FloorplanPrimary Bedroom Main FloorSplit BedroomWalk-in Closet(s)Balcony

11685 E Blue Cove Dr is a 1991-built home in Blue Cove, Dunnellon. Inside you'll find 5 bedrooms, 4 bathrooms, and 6,040 square feet of living space. Listed at $2,500,000 (about $414/sqft), 1 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

A rare opportunity to own one of Rainbow River’s premier waterfront estates. Experience unparalleled luxury where timeless elegance meets one of Florida’s most breathtaking natural settings. This exceptional 6,040± square-foot residence boasts approximately 90 feet of private Rainbow River frontage, offering unobstructed views of the crystal-clear, spring-fed waters. With no homes across the river—only the untouched beauty of Florida’s natural landscape—this extraordinary property delivers a level of privacy and serenity that is truly unmatched. Thoughtfully designed to capture the spectacular views, the home features two expansive screened porches spanning both levels, along with a private balcony off the owner’s suite, creating the perfect setting to enjoy peaceful mornings, colorful sunsets, and the beauty of the river throughout the day. A grand foyer welcomes you inside, where an elegant staircase and custom elevator provide access to the main living level. The impressive great room showcases soaring vaulted ceilings, a stately fireplace, custom wet bar, and walls of glass that frame the river beyond. French doors open seamlessly to the screened porch, blending indoor and outdoor living. The gourmet kitchen flows effortlessly into the dining area, creating an ideal space for both intimate gatherings and grand entertaining. The owner’s suite is a private sanctuary featuring its own fireplace, sitting area, and secluded porch overlooking the river. The spa-inspired bath offers a soaking tub, walk-in shower, private water closet with bidet, dual vanities, and two generous walk-in closets. Two additional guest suites, each with private en-suite baths, provide exceptional comfort and privacy. The lower level is equally impressive, featuring an expansive game room with a built-in bar and custom cabinetry, along with a spacious flex room complete with a closet and utility sink—ideal as an art studio, fitness room, home office, media room, or additional guest suite. An additional bedroom and full bath make this level perfectly suited for extended family, guests, or multigenerational living. Two oversized garages provide space for up to four vehicles, while the conveniently located upstairs laundry room enhances everyday functionality. Outside, approximately 90 feet of private Rainbow River frontage sets the stage for an extraordinary waterfront lifestyle. A spacious deck leads to the private dock, offering immediate access to boating, kayaking, paddleboarding, fishing, swimming, or simply floating along one of Florida’s most celebrated spring-fed rivers. A tranquil waterfall feature and beautifully landscaped grounds complete this remarkable outdoor retreat. Combining architectural elegance, exceptional craftsmanship, and one of the most coveted locations on the Rainbow River, this extraordinary estate offers an unparalleled opportunity to experience the very best of Florida waterfront living.

The essentials

Built
1991
Price / sqft
$414
On market
87 days
Annual tax
$31,055
Flood zone
AE
Lot
15,682 sqft
Type
Single Family Residence

At a glance

Single family
Built 1991
Waterfront
River Front
4 car garage
0.36 acres
Lot size
6,040 sqft
Living area

Payment

Est. monthly payment
$16,877/mo
Down payment (20%)
$500,000
Property taxes
$2,588/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1991
Lot
15,682 sqft
Cooling
Central Air
Heating
Heat Pump
Parking
-
Waterfront
River Front
Days on Market
87
Built-in Features
Elevator
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
Split Bedroom
Walk-in Closet(s)
Balcony
Lighting
Private Mailbox
Cooktop
Dishwasher
Microwave
Elementary
Dunnellon Elementary School
Middle
Dunnellon Middle School
High
Dunnellon High School

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

Flood Zone AE
Annual Tax (2025)
$31,055
Parcel #
3453-002-004

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
Blue Cove
County
Marion
MLS Area
34432 - Dunnellon
Lot Size
15,682 sqft
In CountyPaved

Price history

Date
Event
Price
7/14/2026
Listed for sale
Source: Stellar MLS #OM728590
$2,500,000
$414/sqft

Neighborhood

11685 E Blue Cove Dr
Dunnellon, FL, 34432 · 34432 - Dunnellon

Market insights

Offer Insights

Choose an offer strength

List price: $2,500,000
$2.47M – $2.50M
98.9% – 100% of listTops out right at the list price
80% of listList price
161 of the last 320 home closings in 34432 landed at this number or higher (50%). The median one sat 48 days before it went under contract, and this one is on day 87.

Sample: 320 closed home sales in 34432 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$16,876/mo
Principal & interest$13,039
Property taxes$2,588
Insurance$1,250
Down payment20% · $500,000
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

$2,500,000

$414 per sq ft

Beds and baths

5 beds, 4 baths

Size

6,040 sq ft

Time on market

87 days

Year built

1991

Monthly payment

About $16,877/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $31,055 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byJOAN PLETCHERListing agent: Joan PletcherListing data from Stellar MLS, MLS# OM728590.

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