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Waterfront Land in Rainbow Lakes
For Sale
$58,995

SW Shorewood Drive lot 444 445, Dunnellon, FL 34431

LAND - Dunnellon, FL

Property SizeContact for details
Lot Size0.35 Acres
Days on Market297

Property Features for SW Shorewood Drive lot 444 445

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 Hwy 41N make L on Rainbow Lakes Blvd then L on Portulaca then R on Tiger Lake Blvd then L on Shorewood Dr to Lot on the Right. See Sign.
Standard status Active
APN 0442810000
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description SEC 31 TWP 15 RGE 18 PLAT BOOK G PAGE 007 RAINBOW LAKES ESTATES SEC L BLK 2 LOTS 444.445
Tax Annual Amount 447
Legal Description SEC 31 TWP 15 RGE 18 PLAT BOOK G PAGE 007 RAINBOW LAKES ESTATES SEC L BLK 2 LOTS 444.445

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
Listed By: Daniel Esemplare · License #652944
Added: Oct 31, 2025 Changed: Aug 4 Last Checked: Aug 23 at 3:06AM
MLS# 849580

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 property is a waterfront lot spanning 0.35 acres, situated in Rainbow Lakes Estates. The land is wooded and treed, offering a peaceful and serene environment. Located on Bonable Lake, the lot is suitable for boating, fishing, and kayaking. Rainbow Lakes Estates provides amenities such as two parks, two playgrounds, an exercise room, a community center, tennis and basketball courts, a community boat ramp, and a fishing pier. The location is convenient to downtown Dunnellon, Ocala, Crystal River, the Gulf Coast, and the World Equestrian Center. Rainbow Springs State Park is also nearby, offering opportunities for swimming, snorkeling, kayaking, canoeing, tubing, and picnicking. There is no HOA or time limit to build, and mobile homes are not permitted. The property is zoned R1, allowing for potential uses such as a vacation home or Airbnb.

Key Highlights

  • Lakefront property on Bonable Lake, ideal for boating, fishing, and kayaking.
  • No HOA and no time limit to build, allowing flexibility for building a dream home, vacation home, or Airbnb.
  • Located in Rainbow Lakes Estates with community amenities including parks, playgrounds, exercise room, community center, tennis and basketball courts, boat ramp and fishing pier.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Lakefront property perfect for building a dream or vacation home.
Where is this land located?
The property is located at SW Shorewood Drive lot 444 445 Dunnellon, FL.
What is the asking price?
The asking price for this property is $58,995.
What are key features of this property?
This property features: Lakefront property on Bonable Lake, ideal for boating, fishing, and kayaking.; No HOA and no time limit to build, allowing flexibility for building a dream home, vacation home, or Airbnb.; Located in Rainbow Lakes Estates with community amenities including parks, playgrounds, exercise room, community center, tennis and basketball courts, boat ramp and fishing pier.
More about this property
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