$875,000

About this home

This classic WATERFRONT home is perfectly situated along the stunning banks of the Rainbow River in downtown Dunnellon, Florida. Upon entering, your eyes are immediately drawn to the crystal-clear water beyond the lanai, where you can envision yourself sipping morning coffee while enjoying the soothing sounds of nature and watching the sun's golden rays dance upon the water in the early dawn. Spanning a generous 2,162 square feet of interior living space and about 135 feet of waterfrontage, this home radiates potential and allure, eagerly awaiting new owners to revive it and make it their own! This 4-bedroom, 2.5-bathroom, 2-car garage home has ample space for family and friends to enjoy multiple private and shared living areas with breathtaking views of the Rainbow throughout. Its 1973 vintage “Old Florida” charm echoes a familiar architectural style often seen along the river. Yes, it needs updating, but its layout is the perfect canvas for crafting a personal haven that mirrors your unique style and vision. This home sits on a very comfortable .26-acre parcel, with several gorgeous bottle brush trees around the home, blooming red blossoms intermittently throughout the year. With the ROOF and HVAC UPDATED in 2019, the rest of the home presents a blank slate for your imagination, poised to transform into a sanctuary where cherished memories are forged. Best of all, this home is situated across from a nature preserve, providing a lifetime of privacy across the way! For those unfamiliar with the Rainbow, the water is 72 degrees year-round and sourced from a First Magnitude Spring flowing from Rainbow Springs State Park, pumping over 400 million gallons of fresh spring water daily. This gives you about 5.7 miles of unique crystal-clear water for swimming, boating, tubing, and paddling adventures until it converges with the Withlacoochee River, which offers many more miles of exploration without ever getting bored with the same scenery! Just want to chill? Fish right off the dock, birdwatch, host barbecues, or simply relax in the radiant afternoon sun. Feel the need to explore more? This home is centrally located to local restaurants, shopping, amenities, and parks. It is also directly across from the Dunnellon Nature/Bike Trail, which leads to the Withlacoochee Trail - a sought-after destination for outdoor enthusiasts, giving you about 46 miles of outside adventure, and allowing you to traverse some of Florida's most unique forests and wetlands. This home is also within 30 minutes of Ocala and the World Equestrian Center, about an hour from Gainesville, and less than two hours from Orlando and Tampa airports, theme parks, and some of Florida's best beaches. Seize this opportunity to breathe new life into this lovely dwelling along the Rainbow River, and create the dream home or vacation retreat you’ve always envisioned! Let the adventure begin, and call today to set your appointment!

Highlights

Property details

MLS

Stellar MLS

MLS #

MFROM698019

Property type

Single Family Residence

Subdivision

RIPPLING WATERS

Status

Active

Days on market

515

On market date

March 25, 2025

Stories

N/A

Total bathrooms

2.5

Garage spaces

2

Parking spaces

N/A

Lot size

0.26 acres

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.