
21332 SW RAINBOW LAKES BOULEVARD, DUNNELLON, FL, 34431
Active51 days on marketListed Aug 26, 2026MLS #OM730973
About this home
21332 SW RAINBOW LAKES BOULEVARD
Wonderful 2 Bedroom/1 Bath, Well-Maintained, Move-in Ready Home with Carport and BONUS Room. This home is situated on a Spacious 1/2 ACRE LOT. The Home Sits on a 1/4 Acre and there is an Adjacent 1/4 Lot INCLUDED IN THE SALE (Each Lot is 0.24 Acres so Total is 0.48 Acres). Use your Vacant Adjacent Lot to build another home for investment or for a family member or if you wish, keep it just the way it is allowing you more space and privacy. The Home has a Newer Roof (2018) and a Newer A/C (2020). As you enter the home you are greeted by a bright and spacious Living Room which leads into a useful, functional Kitchen with sufficient Cabinets and Counter space. Continue on thru the Kitchen to the covered and Screened-In Back Patio which would be great for enjoying delicious meals and relaxing and entertaining family and friends enjoying the great Florida lifestyle! The Bedrooms are a comfortable size, and both Bedrooms share the updated Bathroom. Use the BONUS ROOM for whatever fits yours needs, maybe a 3rd Bedroom, Exercise Room or Office/Den. There is also a good size inside Utility Room. The 2 Sheds are also included in the purchase (Shed to the back of the property and the shed right outside the screened-in patio). The Community of Rainbow Lake Estates features 2 Playgrounds, Bonable Lake with a Fishing Pier, Tiger Lake with its own Boat Ramp, Exercise Room, Community Center, Basketball and Tennis Court. Convenient to the town of Dunnellon and the Historic District, great for Antique shops, Restaurants, Grocery shopping, Ocala, Crystal River, Gulf Coast, Withlacoochee River and Lake Rousseau where you can enjoy Fishing for Large Mouth Bass, World Equestrian Center and the Crystal-Clear waters of Rainbow Springs State Park where you can enjoy Kayaking, Tubing, Canoeing, Snorkeling and Picnicking. Come claim your piece of Paradise!!
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
1,200
Sqft
0.48 ac
Lot size
1964
Year built
One
Levels
$154
Per sqft
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.
$1,403 /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
$1,403/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+8.7%
$/sqft vs RAINBOW LAKES ESTATES
$154 vs $169
Days on market
51 vs 67 typical
Where $154/sqft sits among the 9 homes for sale in RAINBOW LAKES ESTATES
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
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
For the school run
Marion County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Dunnellon market
$265K → $280K
Dunnellon median sold, yr/yr
98.1%
Sale-to-list ratio (12 mo)
3 of 9
RAINBOW LAKES ESTATES have cut their price
Median sold price, Dunnellon, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 361% above the DUNNELLON 34431 median. See the full Dunnellon market guide →
Paper trail
This home's history
Reality check
What actually sold near 21332 SW RAINBOW LAKES BOULEVARD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$200,000
21506 SW PEACH BLOSSOM STREET · same community
3 bd · 2 ba · 1,176 sqft · $170/sqft · 28 DOM
Sold · Aug ’26$209,900
427 SW ALVAREZ ROAD · same community
3 bd · 2 ba · 1,140 sqft · $184/sqft · 30 DOM
Sold · Jun ’26$217,000
21301 SW RAINBOW LAKES BOULEVARD · same community
3 bd · 2 ba · 1,089 sqft · $199/sqft · 38 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
Pedro Ribeiro Gloria
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 21332 SW RAINBOW LAKES BOULEVARD — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 21332 SW RAINBOW LAKES BOULEVARD — before you fall in love.
See it in person
Schedule a tour
Live availability from Pedro's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
21332 SW RAINBOW LAKES BOULEVARD FAQs
What would the monthly payment be for 21332 SW RAINBOW LAKES BOULEVARD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,403/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 21332 SW RAINBOW LAKES BOULEVARD?+
The most recent tax bill on record (2025) was $924. 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 $184,250, this home is listed about 39% below the Dunnellon median of $299,900. The market section on this page shows how the area is trending.
Which schools are assigned to 21332 SW RAINBOW LAKES BOULEVARD?+
Dunnellon Middle School (middle), Dunnellon Elementary School (elementary), Dunnellon High School (high) — Marion County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of ASHLAR REALTY · Daniel Esemplare. MLS #OM730973.
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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