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Rainbow Lake Estates Land Parcel
For Sale
$30,000

NW Water Oak Ave., Dunnellon, FL 34431

Land, Dunnellon, FL

Property SizeContact for details
Lot Size1.00 Acre
Days on Market414

Property Features for NW Water Oak Ave.

General Information

Property type Land
Property subtype Other
Zoning R1
Subdivision Rainbow Lakes Estates
Lot features Acreage, Rectangular
Directions Directions too lengthy to fit here.
Standard status Active
APN 0457612000
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2025
Tax Description SEC 08 TWP 15 RGE 18 PLAT BOOK G PAGE 059 RAINBOW LAKES ESTATES SEC M BLK 26 LOT 5
Tax Annual Amount 273
Legal Description SEC 08 TWP 15 RGE 18 PLAT BOOK G PAGE 059 RAINBOW LAKES ESTATES SEC M BLK 26 LOT 5

Utilities

Sewer type Septic Needed
Water source Well Needed
Listing Agency: Keller Williams Realty - Elite Partners II
Listed By: Tomika Spires-Hanssen · License #696338
Added: Jul 21, 2025 Changed: Aug 19 Last Checked: Sep 7 at 2:06PM
MLS# 846560

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 1-acre homes-only parcel is located in the Rainbow Lake Estates community, where no HOA or restrictions apply. Residents have access to three lakes, a fishing pier, a community center, and a playground. The property is conveniently located with easy access to Marion, Citrus, and Levy Counties, and is a short drive to the World Equestrian Center. This land offers an opportunity to build a dream home or invest in the future.

Key Highlights

  • 1‑acre homes‑only parcel: Build your dream home with plenty of space.
  • No HOA or restrictions: Enjoy freedom and flexibility with your property.
  • Access to three lakes, fishing pier, community center, and playground: Lifestyle enhancing recreational amenities.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

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 - One-acre homes-only parcel with community amenities and lake access.
Where is this land located?
The property is located at NW Water Oak Ave. Dunnellon, FL.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: 1‑acre homes‑only parcel: Build your dream home with plenty of space.; No HOA or restrictions: Enjoy freedom and flexibility with your property.; Access to three lakes, fishing pier, community center, and playground: Lifestyle enhancing recreational amenities.
More about this property
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