LOTS 15 & 16 SW SHOREWOOD DRIVE, DUNNELLON, FL, 34431
Active355 days on marketListed Aug 27, 2025MLS #OM708300
About this home
LOTS 15 & 16 SW SHOREWOOD DRIVE
AWESOME LAKE FRONT PROPERTY ON A LITTLE BIT OVER 1/2 ACRE (0.52 ACRES) LOCATED ON A DEAD END STREET IN RAINBOW LAKES ESTATES WITH NO HOA OR TIME LIMIT TO BUILD (No Mobile Homes). PEACEFUL AND SERENE THIS HOMESITE IS NICELY TREED AND WOODED. WHAT A GREAT LOCATION TO BUILD YOUR DREAM HOME, VACATION HOME OR AIRBNB ON THE LAKE. IF YOU WISH, BUILD YOUR OWN PRIVATE DOCK OR BOAT RAMP. THIS LOT IS SITUATION ON BONABLE LAKE GREAT FOR BOATING, FISHING OR KAYAKING RIGHT AT YOUR DOORSTEP. JUST IMAGINE ENJOYING THE BEAUTIFUL VIEW AND RELAXING LAKE-FRONT TAKING IN ALL THAT NATURE HAS TO OFFER AND OUR GREAT FLORIDA WEATHER. RAINBOW LAKES ESTATES OFFERS MANY FEATURES INCLUDING 2 PLAYGOUNDS AND PARK, EXERCISE ROOM, COMMUNITY CENTER, BONABLE LAKE AND TIGER LAKE, TENNIS, BASKETBALL AND RAQUETBALL COURT. CONVENIENT TO DOWNTOWN DUNNELLON, GREAT FOR QUAINT ANTIQUE SHOPS, RESTAURANTS AND SHOPPING, OCALA, GAINESVILLE, CRYSTAL RIVER, GULF OF MEXICO, WORLD EQUESTRIASN CENTER FOR WORLD CLASS EQUESTRIAN SPORT AND THE BEAUTIFUL CRYSTAL-CLEAR WATERS OF RAINBOW SPRINGS STATE PARK WHERE YOU CAN ENJOY SWIMMING, SNORKELING, TUBING AND PICNICING. ***THERE IS ALSO AN ADJACENT LOT NEXT DOOR FOR SALE AT AN ADDITIONAL COST. THE 2 LOTS TOGETHER WOULD GIVE YOU 1.04 ACRES***
Facts & features
The home at a glance
0.52 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$598 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$598/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Dunnellon
Get to know Dunnellon. See the full Dunnellon guide →
DUNNELLON 34431 — neighborhood snapshot
Population
8,663
Median age
55.4
Median income
$51,542
Median home value
$185,200
Avg household
2.2
Households w/ children
570
The numbers that matter
The Dunnellon market
$265K → $280K
Dunnellon median sold, yr/yr
98.1%
Sale-to-list ratio (12 mo)
Median sold price, Dunnellon, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 73% above the DUNNELLON 34431 median. See the full Dunnellon market guide →
Paper trail
This home's history
Reality check
What actually sold near LOTS 15 & 16 SW SHOREWOOD DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$170,000
21171 SW HONEYSUCKLE STREET · same community
2 bd · 1 ba · 956 sqft · $178/sqft · 17 DOM
Sold · Mar ’26$135,000
19901 SW RAINBOW LAKES BOULEVARD · same community
2 bd · 1 ba · 960 sqft · $141/sqft · 21 DOM
Sold · Mar ’26$199,995
5128 SW SOUTH WATER COURT · same community
3 bd · 2 ba · 1,003 sqft · $199/sqft · 37 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Shawn Headley
Realtor · CENTURY 21 Edge
Tours, negotiation, and every question about LOTS 15 & 16 SW SHOREWOOD DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for LOTS 15 & 16 SW SHOREWOOD DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Shawn's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
LOTS 15 & 16 SW SHOREWOOD DRIVE FAQs
What would the monthly payment be for LOTS 15 & 16 SW SHOREWOOD DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $598/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on LOTS 15 & 16 SW SHOREWOOD DRIVE?+
The most recent tax bill on record (2024) was $417. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Dunnellon?+
At $63,750, this home is listed about 79% below the Dunnellon median of $304,999. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Positioned at the premium end
$63,750 runs 73% above the DUNNELLON 34431 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
355 days on market against a Dunnellon median of 35 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of ASHLAR REALTY · Daniel Esemplare. MLS #OM708300.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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