Rainbow Lakes Estate Homes under $400,000

3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

Virtually Staged. Under Construction. Enjoy room to breathe and the serenity of Rainbow Lakes Estates! Situated on a spacious .99-acre lot, this 3-bedroom, 2-bath concrete block home combines tasteful finishes with peaceful surroundings. Granite countertops, crown molding, and luxury vinyl flooring add style and character throughout the home. The expansive lot offers space to enjoy the outdoors, create a garden, or simply unwind with your morning coffee and take in the relaxed setting. Explore the natural beauty of nearby Rainbow Springs State Park and the Rainbow River, where swimming, kayaking, and scenic trails give you endless ways to enjoy Florida’s outdoors. Head into Dunnellon for local shopping and dining, including riverfront meals at Swampy’s and casual favorites at The Blue Gator. Equestrian enthusiasts will appreciate access to the greater Ocala area’s renowned horse country, including the World Equestrian Center and HITS Ocala, with opportunities to enjoy horse shows, special events, and exceptional dining. Whether you’re looking for a full-time residence or a peaceful getaway, this property offers space, comfort, and access to the outdoor recreation and equestrian experiences that make this area special. Schedule your showing and discover the possibilities!

1455 Sw Half Moon Drive, Dunnellon

$289,900

3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

Virtually Staged. Under Construction. Enjoy room to breathe and the serenity of Rainbow Lakes Estates! Situated on a spacious .99-acre lot, this 3-bedroom, 2-bath concrete block home combines tasteful finishes with peaceful surroundings. Granite countertops, crown molding, and luxury vinyl flooring add style and character throughout the home. The expansive lot offers space to enjoy the outdoors, create a garden, or simply unwind with your morning coffee and take in the relaxed setting. Explore the natural beauty of nearby Rainbow Springs State Park and the Rainbow River, where swimming, kayaking, and scenic trails give you endless ways to enjoy Florida’s outdoors. Head into Dunnellon for local shopping and dining, including riverfront meals at Swampy’s and casual favorites at The Blue Gator. Equestrian enthusiasts will appreciate access to the greater Ocala area’s renowned horse country, including the World Equestrian Center and HITS Ocala, with opportunities to enjoy horse shows, special events, and exceptional dining. Whether you’re looking for a full-time residence or a peaceful getaway, this property offers space, comfort, and access to the outdoor recreation and equestrian experiences that make this area special. Schedule your showing and discover the possibilities!

23360 Sw Indian Hill Drive, Dunnellon

$309,990

3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

Discover the space, privacy, and Florida lifestyle waiting for you in this 3-bedroom, 2 bath single family house! Don't wait to build and have the upgrades this home offers. Situated on an impressive 1-ACRE LOT in Rainbow Lakes Estates, this property offers the freedom and room that can be hard to find. The property is FENCED and features ELECTRIC GATE ACCESS along with a LONG DRIVEWAY, creating a private and welcoming entrance while providing plenty of space for vehicles and guests. Located in a growing area surrounded by Florida’s natural beauty, this home offers a peaceful, country-style setting while remaining within reach of Dunnellon, Ocala, shopping, dining, and everyday conveniences. Come enjoy and appreciate the abundance of recreational opportunities nearby. Spend your weekends exploring the crystal-clear Rainbow River and Rainbow Springs State Park, where you can enjoy kayaking, canoeing, tubing, swimming, snorkeling, hiking, picnicking, and wildlife viewing. The surrounding area also offers fishing, boating, biking, parks, and plenty of opportunities to enjoy the outdoors. Whether you're relaxing on your own full acre, entertaining family and friends, or heading out for a day of adventure on the river, this property offers an excellent combination of SPACE, PRIVACY, LOCATION, and the laid-back Florida lifestyle. Schedule your private tour.

23708 Nw Amberjack Avenue, Dunnellon

$200,000

3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

Welcome home to this cozy and beautifully updated property, offering comfort, charm, and peace of mind. The entire home was thoughtfully remodeled in 2019, creating a refreshed and inviting living space. Major updates include a roof completed in 2014, A/C replacement in 2016, and a new water heater installed in 2022. With its warm, cozy feel and valuable updates, this home is ready for its next owner. USDA-eligible financing may be available, making this an excellent opportunity for qualified buyers looking for an updated and comfortable home.

21668 Sw Honeysuckle Street, Dunnellon

$220,000

2 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

COMPLETELY REBUILT FROM THE FOUNDATION UP! New everything, inside and out! This home has been fully rebuilt with all-new mechanical, plumbing, and electrical. Tile flooring throughout and a beautifully updated master bath with a walk-in shower. Enjoy a large, shaded back porch overlooking the fenced backyard. One-car garage plus a single carport for extra covered parking. Public water. Sold furnished, including all appliances and washer/dryer! Move-in Ready!

21655 Sw Raintree Street, Dunnellon

$329,900

4 Beds ⋅ 3 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

Welcome to this stunning brand-new home at Rainbow Lakes. Situated on an expansive nearly one-acre lot, this beautiful residence offers 4 bedrooms, 2.5 bathrooms, 1,694 square feet of living space, and an attached two-car garage. The bright, open-concept layout is ideal for both everyday living and entertaining. The contemporary kitchen features quartz countertops, shaker-style cabinetry, stainless steel appliances, a spacious center island, and stylish pendant lighting. The primary suite offers a spa-inspired bathroom complete with a freestanding soaking tub, a beautifully tiled walk-in shower, and modern finishes. Additional highlights include luxury vinyl plank flooring throughout the main living areas, a covered front porch, a covered rear lanai, 2-10 Home Buyers Warranty, and attractive modern farmhouse curb appeal. With approximately 2,301 square feet under roof and plenty of outdoor space, this move-in-ready home offers the perfect combination of comfort, style, and privacy. Schedule your private showing today!

21987 Sw Mango Lane, Dunnellon

$329,900

3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

Welcome to 12960 SE 114th Pl, where space, privacy, and personality come together on a beautiful 2-acre property in Dunnellon! Offering approximately 2,000 square feet of living space, this 3 bedroom, 2 bathroom home has a unique and spacious layout filled with charming touches and plenty of opportunity to make it your own. Inside, you’ll find an impressively large kitchen with abundant room for cooking, gathering,and entertaining, plus a versatile bonus room and Florida room that provide even more space to spread out. The primary suite features a private en-suite bathroom and walk-in closet. While the home retains much of its original character, it has been well cared for and is clean and move-in ready, with a NEW ROOF installed in 2023 and HVAC replaced in 2017. Outside is where the possibilities really open up. Two acres provide plenty of room to create your own private retreat, complete with an existing koi pond, two storage sheds, and countless unique touches throughout the property. One of the sheds has even been transformed into a dedicated craft space that is perfect for hobbies, a workshop, or creative studio. The property also features an in-ground pool surrounded by an expansive screened enclosure. The pool is not currently operational and the enclosure needs repair, but the footprint is already there for someone with the vision to restore it and create an incredible outdoor entertaining area. If you’re looking for acreage, a large home, privacy, and a property with character rather than cookie-cutter new construction, this one is full of possibilities. Bring your ideas and make this unique Dunnellon property your own!

12960 Se 114th Place, Dunnellon

$379,900

3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

Just minutes from the crystal-clear waters of Rainbow Springs State Park, this beautifully updated 3/2 concrete block home sits on a spacious 0.53-acre lot and features a large screened-in, heated POOL perfect for year-round Florida living. The split floor plan offers comfort and privacy, while recent upgrades bring peace of mind and modern convenience: new kitchen with soft closed cabinetry, newer appliances, 2024 AC system, 2022 roof, new screened enclosure over the pool, brand new windows throughout (2026), and a large storage shed for added functionality. The property is surrounded by mature Live Oak, vibrant azaleas, and a variety of fruit trees, creating a serene natural setting that feels like your own private retreat. At nearby Rainbow Springs, enjoy iconic glass-bottom boat tours, kayaking, hiking trails, and swimming in the refreshing 72-degree spring water year-round. The Dunnellon area offers even more to explore — state parks, golf courses, saltwater fishing, shopping, restaurants, medical facilities, and everyday conveniences. Discover why so many are choosing the relaxed, nature-rich lifestyle of Dunnellon Florida.

19831 Sw Nightingale Drive, Dunnellon

$240,000

3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

Under Construction. Under construction. Pre-Construction Opportunity in Rainbow Lakes Estates, Dunnellon! .26 of an Acre This modern 3-bedroom, 2-bathroom single-family home is designed for comfort, function, and timeless appeal. With approximately 1,200 sq ft of smartly optimized living space, the layout offers open-concept living, vaulted ceilings, premium vinyl floors, and granite countertops. The spacious master suite includes a walk-in closet and a beautifully finished bathroom with porcelain touches. The kitchen boasts modern cabinetry, stainless steel appliances, and recessed LED lighting. Approximately 15 minutes from Worl Equestrian Center. A rare chance to own a customizable new home in one of Dunnellon’s most desirable neighborhoods. Completion time available upon request.

21950 Sw Marine Boulevard, Dunnellon

$149,000

3 Beds ⋅ 1 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

GREAT REMODELING OPPORTUNITY! Looking for a home with potential? This 3-bedroom, 1-bath home sits on a spacious .24-acre lot in Rainbow Lakes Estates and is ready for someone with vision to bring it back to life! Property Highlights: 3 Bedrooms1 Bathroom .24-Acre Lot. Located in Rainbow Lakes Estates!! No HOA Fees. Excellent opportunity to remodel, renovate, and make it your own whether you're looking for your next project, an investment opportunity, or a home you can customize to your taste, this property is worth a look

20919 Sw Robin Drive, Dunnellon

$229,000

3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

NEWER HOME + NO HOA + ROOM TO ROAM! Welcome to this 2022-built 3BR/2BA home in Rainbow Lakes Estates! This move-in-ready home features an open floor plan, vaulted ceilings, split bedrooms, vinyl flooring, stainless steel appliances, indoor laundry, and an attached garage. Sitting on a spacious .26-acre lot with a cleared yard, there’s plenty of room for your outdoor plans. Enjoy the peace of Dunnellon living with the freedom of no HOA and easy access to Florida’s beautiful springs, rivers, and outdoor recreation. Don’t miss this one!

24178 Nw Luna Avenue, Dunnellon

$289,000

3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code

Inviting 3BR/2BA like new home close to Tiger Lake in desirable area of Marion County, Rainbow Lakes Estates - no HOA. Private and peaceful setting, not uncommon to see deer and native birds. Minutes from Dunnellon for shopping at Publix and Walmart; central to Williston and Ocala. For those who love to fish, minutes from Crystal River which offers Gulf access. Home features light and bright open floor plan with beautiful kitchen offering deep farm sink, abundance of cabinet space, granite counter tops and stainless appliances. Wood look laminate flooring throughout for easy maintenance; cathedral ceilings, split floor plan with Primary Suite having a walk-in closet and tiled shower. Home has a bleach-based water treatment system installed in 2025, which has been recently serviced as well as a metal privacy fence with double gate at the road for easy access to park your boat or 5th wheel, etc. Property offers entry ramps in front and rear. Do not miss this opportunity to preview and own this home today. Come join us in the Sunshine State and enjoy the weather year round.

4534 Sw Clearwater Court, Dunnellon

Rainbow Lakes Estate Homes under $400,000

Newest Rainbow Lakes Estate Homes under $400,000