Land at LOTS 476 & 477 SW SHOREWOOD DR, DUNNELLON
Land at LOTS 476 & 477 SW SHOREWOOD DR, DUNNELLON, photo 2 of 3
Land at LOTS 476 & 477 SW SHOREWOOD DR, DUNNELLON, photo 3 of 3
3 photos

$50,000

LOTS 476 & 477 SW SHOREWOOD DR
DUNNELLON, FL 34431
Listed by Nathan Klutznick · LOKATION
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Lakefront property on Bonable Lake in Rainbow Lakes Estates. Two adjoining wooded lots (Lots 476 and 477) totaling approximately 0.31 acres with about 70 feet of lake frontage. Located on paved SW Sherwood Drive with nearby electric service. Well and septic required. Zoned R-1 for single-family homes. Rainbow Lakes Estates offers parks, playgrounds, tennis courts, fishing, and a community boat ramp. A voluntary Property Owners Association is available, with optional membership. Buyer should confirm the current fee directly with the association. Property is subject to existing liens, including an IRS lien and county assessments. These are expected to be resolved or satisfied at closing. Buyers should complete normal due diligence to confirm association matters, county road assessments, and recorded encumbrances.

Property details

MLS
Stellar MLS
MLS #
MFRTB8431589
Property type
Land
Subdivision
RAINBOW LAKES ESTATE
Status
Active
Days on market
N/A
On market date
September 25, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.31 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
ROMEO ELEMENTARY SCHOOL
4.63 mi away · Grades -1-5
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
708
Student:teacher ratio
18.2:1
District
MARION
Middle
DUNNELLON MIDDLE SCHOOL
6.5 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
7.36 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).

16
Very car-dependent
out of 100
EPA National Walkability Index
5.2 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 0 days -- 114 fewer days than DUNNELLON's current average of 114 days.
For reference, the median list price across 1,292 active listings in DUNNELLON right now is $97,900.

Mortgage calculator

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

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Est. monthly payment
$451/mo
$10,000 down
$40,000 loan
Principal & interest$259
Property tax (est.)$42
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 26, 2025.

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.