Lakefront Property in Rainbow
For Sale
$63,750
SW Shorewood Drive lot 15 16, Dunnellon, FL 34431
LAND - Dunnellon, FL
Property SizeContact for details
Lot Size0.52 Acres
Days on Market361
Property Features for SW Shorewood Drive lot 15 16
General Information
Property type
Land
Property subtype
Other
Zoning
R1
Subdivision
Rainbow Lakes Estates
Lot features
Trees, Wooded
View
Lake
Elementary school
Romeo Elementary
Middle school
Dunnellon Middle
High school
Dunnellon High
Directions
From Dunnellon take 41N then make L on Rainbow Lakes Blvd and continue straight passing the Rainbow Lakes District Office around the curve to the Lot on the Left. See sign
Standard status
Active
APN
0440884001
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
SEC 30 TWP 15 RGE 18 PLAT BOOK G PAGE 007 RAINBOW LAKES ESTATES SEC L BLK 2 LOTS 15, 16
Tax Annual Amount
417
Legal Description
SEC 30 TWP 15 RGE 18 PLAT BOOK G PAGE 007 RAINBOW LAKES ESTATES SEC L BLK 2 LOTS 15, 16
Utilities
Sewer type
Septic Needed
Water source
Well Needed
Water front features
Lake Front, Waterfront, Lake
Water front
1
Building Details
Additional Structures
Gazebo
Listing Agency:
Ashlar Realty LLC
(352) 299-0087
Listed By:
Daniel Esemplare · License #652944
(352) 208-5658
Added: Aug 28, 2025
Changed: Aug 4
Last Checked: Aug 23 at 12:06AM
MLS# 847674
Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.52-acre lakefront property is located on a dead-end street in Rainbow Lakes Estates. The property is nicely treed and wooded, offering a peaceful and serene homesite on Bonable Lake, suitable for boating, fishing, or kayaking. Rainbow Lakes Estates has no HOA or time limit to build and does not allow mobile homes. Community features include two playgrounds and a park, an exercise room, a community center, tennis, basketball, and racquetball courts. The location is convenient to downtown Dunnellon, offering antique shops, restaurants, and shopping. It is also near Ocala, Gainesville, Crystal River, the Gulf of Mexico, the World Equestrian Center, and Rainbow Springs State Park, where swimming, snorkeling, tubing, and picnicking can be enjoyed. This location is ideal for building a dream home, vacation home, or Airbnb. An adjacent lot is also for sale, and the two lots together would total 1.04 acres.
Key Highlights
- Lakefront property on Bonable Lake – perfect for boating, fishing, and kayaking.
- No HOA or time limit to build, offering flexibility.
- Located on a dead‑end street for peaceful and serene living.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 34431, FL
8,589
Population
4,744
Households
1.8
Avg Household Size
56
Median Age
14%
College-Educated
85%
High-School Grad
104.2 sq mi
ZIP Area
82
Density / Sq Mi
$51,542
Median Household Income
$38,477
Median Earnings
$858
Median Rent
$185,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 0.52 acre lakefront property in Rainbow Lakes Estates.
Where is this land located?
The property is located at SW Shorewood Drive lot 15 16 Dunnellon, FL.
What is the asking price?
The asking price for this property is $63,750.
What are key features of this property?
This property features: Lakefront property on Bonable Lake – perfect for boating, fishing, and kayaking.; No HOA or time limit to build, offering flexibility.; Located on a dead‑end street for peaceful and serene living.
