Single Family Residence at 11685 E BLUE COVE DR, DUNNELLON
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$2,500,000

11685 E BLUE COVE DR
DUNNELLON, FL 34432
Listed by Joan Pletcher · JOAN PLETCHER
Bedrooms
5
Bathrooms
4
Living area
6,040 sqft
Year built
1991

About this home

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.

Highlights

WaterfrontFireplace

Property details

MLS
Stellar MLS
MLS #
MFROM728590
Property type
Single Family Residence
Subdivision
BLUE COVE
Status
Active
Days on market
1
On market date
July 16, 2026
Stories
N/A
Total bathrooms
4
Garage spaces
4
Parking spaces
N/A
Lot size
0.36 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
DUNNELLON ELEMENTARY SCHOOL
2.3 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
560
Student:teacher ratio
16.5:1
District
MARION
Middle
DUNNELLON MIDDLE SCHOOL
1.28 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
643
Student:teacher ratio
18.4:1
District
MARION
High
DUNNELLON HIGH SCHOOL
2.44 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,186
Student:teacher ratio
22.8:1
District
MARION

Walkability

Blended score for DUNNELLON's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

25
Car-dependent
out of 100
EPA National Walkability Index
7.0 / 20 -- Below average walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in DUNNELLON, from live MLS data.

On the market 1 days -- 114 fewer days than DUNNELLON's current average of 115 days.
For reference, the median list price across 1,292 active listings in DUNNELLON right now is $95,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$15,205/mo
$500,000 down
$2,000,000 loan
Principal & interest$12,972
Property tax (est.)$2,083
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.