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Rainbow Springs Golf Course Opportunity

8518 SW 189TH COURT RD Dunnellon, FL 34432

8518 SW 189TH COURT RD, Dunnellon, FL, 34432
$4,900,000
For Sale
Claim this Listing
$4,900,000

215-acre property with clubhouse near Rainbow Springs State Park.

Property Size25,000 SF
Lot Size214.89 Acres
Price / SF$196
AddedMar 12
Days on Market127
Last RefreshJul 15 at 12:30 pm

Property Features for 8518 SW 189TH COURT RD

General Information

Standard status
Active
Size
25,000 SF
Lot size
214.89 Acres
Property subtype
Commercial

Building Details

Year Built
1984

Listing office Dunnellon Real Estate LLC

Listing date Mar 12, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Dunnellon Real Estate LLC


Investment Insights

Based on property information with market context.

This property features a clubhouse, a maintenance facility, and an 18-hole golf course within the Rainbow Springs community. The golf course is currently closed, but the property is actively managed and maintained. The land spans approximately 215 acres. The clubhouse underwent a multi-million dollar renovation in 2018 and includes a swimming pool with nearby restrooms, tennis and pickleball courts, a grand ballroom, a public restaurant, a disc golf course, a half-court basketball area, and bocce ball courts. The clubhouse offers approximately 25,000 square feet of space with rooms for meetings, billiards, ping pong, fitness sessions, crafts, card games, and other activities. There are over 180 parking spaces available. The owner has a vacant lot featuring a billboard along US 41. The property includes two deep-water wells with water permits valid until November 7, 2040, providing a capacity of 192,500 gallons per day. The property has approximately 4,500 feet of highway frontage on US 41 and is less than a mile from Rainbow Springs State Park, which draws 350,000 visitors each year, and two miles from the KP Hole County Park on the Rainbow River, which welcomed 100,000 visitors in 2023. The Rainbow Springs Campground is a 10-minute drive from the site. The seller is open to selling the property separately from the clubhouse.

Key Highlights

  • Prime location less than a mile from Rainbow Springs State Park and two miles from KP Hole County Park.
  • Approximately 215 acres of land with development potential.
  • Multi‑million dollar clubhouse renovation in 2018 with extensive amenities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Golf courses & driving ...

Suggested Use

Law Firm Building Supply Restaurant Real Estate Agency Bakery Gym & Fitness Center Carpet & Flooring Store Computer & Electronic Repair Travel Agency Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Golf course & driving range - 215-acre property with clubhouse near Rainbow Springs State Park.
Where is this golf course & driving range located?
The property is located at 8518 SW 189TH COURT RD Dunnellon, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Prime location less than a mile from Rainbow Springs State Park and two miles from KP Hole County Park.; Approximately 215 acres of land with development potential.; Multi‑million dollar clubhouse renovation in 2018 with extensive amenities.
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