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Homes-Only Residential Land Parcel
For Sale
$30,000

Nw Water Oak 5 Dunnellon FL 34431, Dunnellon, FL 34431

A homes-only, 1-acre parcel with no HOA or restrictions and community amenities including lakes, a fishing pier, and recreation.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market55

Property Features for Nw Water Oak 5 Dunnellon FL 34431

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Land
Listing Agency: KELLER WILLIAMS ELITE PARTNERS II
Listed By: Tomika Spires-Hanssen · License #696338
Source: Search.flamingore
Added: Jul 6 Changed: Aug 8 Last Checked: Aug 29 at 6:14AM

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 KELLER WILLIAMS ELITE PARTNERS II

Investment Insights

Based on property information with market context.

This offering is a 1-acre, homes-only residential land parcel in Rainbow Lake Estates. The seller states there is no HOA and no restrictions, giving an owner the flexibility to plan and build on their own timeline. The property is presented as a place to build a primary residence or pursue a longer-term ownership strategy.

Rainbow Lake Estates is described as a peaceful community with access to three lakes, a fishing pier, a community center, and a playground. The location is noted as convenient to Marion, Citrus, and Levy Counties, with a short drive to the World Equestrian Center.

For buyers looking for residential land without HOA oversight, this parcel offers a straightforward path to development. Its homes-only designation and community amenities can be appealing for households seeking a lake-access lifestyle, while the lack of HOA or restrictions is particularly relevant for those who want fewer rules to work around when planning site use and improvements.

Key Highlights

  • 1‑acre homes‑only parcel in Rainbow Lake Estates
  • No HOA or restrictions reported
  • Community amenities include access to three lakes

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Gym & Fitness Center (Bike/Boat/Book/etc) Store Electrical Service Auto Parts Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

404
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?
Residential land & home lot - A homes-only, 1-acre parcel with no HOA or restrictions and community amenities including lakes, a fishing pier, and recreation.
Where is this residential land & home lot located?
The property is located at Nw Water Oak 5 Dunnellon FL 34431 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 in Rainbow Lake Estates; No HOA or restrictions reported; Community amenities include access to three lakes
More about this property
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