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Key Details
Sold Price $248,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,513 sqft
Price per Sqft $163
Subdivision Rainbow Lakes Estate
MLS Listing ID OM709604
Sold Date 03/04/26
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1979
Annual Tax Amount $4,213
Lot Size 0.630 Acres
Acres 0.63
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Lakefront Living at an Incredible Value!
PRICE IMPROVEMENT! Welcome to your slice of Florida paradise! This 3-bedroom, 2-bathroom single-family home sits on a generous .63-acre lot right on Lake Bonable, offering panoramic water views and direct backyard access for fishing, kayaking, or simply enjoying amazing sunsets.
Inside, you'll love the open kitchen featuring stainless steel appliances and granite countertops, plus peace of mind knowing all the major systems have been recently replaced: roof (2018), water heater (2018), well (2018), A/C (2023), and water softener (2023).
Step outside to a wooden deck overlooking the lake, the perfect spot for morning coffee or entertaining friends and family. Just blocks away, you'll find the community center, gazebo, fishing pier, and playground—making this neighborhood as welcoming as it is scenic.
At 1,513 sq ft, this home offers comfortable living in a quiet, serene setting while still being close to everything you need. You're only 10 minutes from Rainbow Springs State Park, a short drive to the Gulf of Mexico, and within easy reach of Ocala and Crystal River.
At just $325,000, this is one of the best values you'll find on the water—perfect as a primary residence, weekend retreat, or investment opportunity.
Location
State FL
County Marion
Community Rainbow Lakes Estate
Area 34431 - Dunnellon
Zoning R1
Interior
Interior Features Ceiling Fans(s)
Heating Central, Electric
Cooling Central Air
Flooring Laminate
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Water Softener
Laundry In Garage
Exterior
Exterior Feature Lighting, Private Mailbox
Garage Spaces 2.0
Utilities Available BB/HS Internet Available, Electricity Connected
Waterfront Description Lake Privileges
View Y/N 1
Water Access 1
Water Access Desc Lake
Roof Type Shingle
Attached Garage true
Exposure Northeast
Garage true
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Others
Pets Allowed Cats OK, Dogs OK
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Valerie Hanchar BRICKS & MORTAR REAL ESTATE
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Valerie Dailey
Broker, Owner, GRI, ePro, PSA, C2EX | License ID: 3143790
Broker, Owner, GRI, ePro, PSA, C2EX License ID: 3143790