$650,000
About this home
Welcome to a rare opportunity on a canal directly connected to the world-famous Rainbow River in Dunnellon—one of Florida’s most pristine and protected spring-fed waterways. This 3-bedroom, 2-bath, 2-car garage home offers 1,533 sq ft of heated living space and sits high and dry with no history of flooding. Built in 1964, the structure is solid, well maintained, and freshly painted—providing a clean slate for personalization or value-add improvements. The true value is outside: significant water-frontage on a calm canal with direct access to the Rainbow River. Spend your days kayaking, paddleboarding, tubing, swimming, snorkeling, or simply enjoying the abundant wildlife, including otters, turtles, and native birds—all from your backyard. With crystal-clear spring-fed water, quiet no-wake surroundings, and uninterrupted natural views, this setting delivers the kind of daily lifestyle typically reserved for far higher-priced waterfront estates. Recent major upgrades provide peace of mind: New roof (2019) New 3-ton HVAC system (2024), 14.3 SEER Electrical panel upgraded to 200 amps (2024) Additional features include a short horseshoe driveway, no HOA, and zoning flexibility—making this an excellent primary residence, second home, or investment property. Properties with direct Rainbow River access are increasingly scarce; the location is irreplaceable.
Highlights
Property details
- MLS
- Stellar MLS
- MLS #
- MFRTB8467501
- Property type
- Single Family Residence
- Subdivision
- RIPPLING WATERS
- Status
- Active
- Days on market
- 125
- On market date
- January 22, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 0.22 acres
Location
Get directions →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.
- Enrollment
- 560
- Student:teacher ratio
- 16.5:1
- District
- MARION
- Enrollment
- 643
- Student:teacher ratio
- 18.4:1
- District
- MARION
- 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).
Market position
How this listing compares to current activity in DUNNELLON, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated May 27, 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.