$40,000
About this home
Build your DREAM HOME on this beautiful 1-acre lot in Dunnellon! Located on Southwest Valencia Heights Avenue in Rainbow Lakes Estates, this property offers an outstanding opportunity for homeowners and investors alike. Situated in a non-flood zone, this lot has no HOA and no required timeframe to begin construction, giving you the flexibility to build when you're ready. According to county guidelines, the property may allow for a primary residence plus an additional guest or caretaker home, providing added versatility and long-term value. This growing residential area continues to attract new development while maintaining a peaceful, rural atmosphere. Conveniently located near shopping, dining, and everyday necessities, including major retailers and grocery stores, the property is also just 20 minutes from the renowned World Equestrian Center, a premier destination for equestrian events and activities. Enjoy the natural beauty of Central Florida, with nearby rivers, springs, and outdoor recreation opportunities. Whether you're looking to build your forever home, a seasonal retreat, or make a smart land investment, this 1-acre parcel offers exceptional potential in a rapidly growing area. Don't miss the chance to own a spacious homesite in one of Central Florida's expanding communities!
Property details
- MLS
- Stellar MLS
- MLS #
- MFRO6418906
- Property type
- Land
- Subdivision
- RAINBOW LAKES ESTATE
- Status
- Active
- Days on market
- 35
- On market date
- July 7, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.99 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
- 708
- Student:teacher ratio
- 18.2:1
- 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 August 11, 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.