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Property Description
Buildable corner lot in Rainbow Lakes Estates. This lot has nearby utilities, electricity, and neighborhood. Zoned R-1 for site build homes, this property is perfect for you if you are looking for a quiet and peaceful setting to build your home now or in the future. No HOA, and you are close to the parks, Rainbow River, shopping and restaurants.
Full Property Details
Full Property Details for 1159 NW Redwood Dr
General
- Price: $15,000
- Taxes: $185 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: OM718935
- Updated: 2/16/2026
- Added to Site: 3 day(s) ago
Location
- Area: 34431 - Dunnellon
- County: Marion
- Development Name: 34431 - Dunnellon
- Subdivision: RAINBOW LAKES ESTATE
- Driving Directions: From Dunnellon- Take Hwy 41 North to Rainbow Lakes Blvd, turn left. Go to SW Zinnia Court turn right. Go to SW Marine Blvd turn left. Go to SW Breezy Point Drive turn right. Go to SW Indian Hill Drive turn left. Go to SW Fig Tree Lane turn right. Go to NW Mallard Ave turn left. Go to NW Mandrake Dr turn right. Go to NW Amberjack Ave turn right. Go right to Redwood Drive turn left lot on the corner.
School Information
- Elementary School: Dunnellon Elementary School
- Middle School: Dunnellon Middle School
- High School: Dunnellon High School
Community
- Community Name: 34431 - Dunnellon
Utilities
- Sewer: Septic Needed
- Water: Well Required
- Utility Description: Electrical Nearby
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size: 10454
- Lot Dimensions: 70 x 150
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $62,500
- Assoc Fee Desc.: None
- Tax Amount: $185.51
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 07 TWP 15 RGE 18 PLAT BOOK G PAGE 059 RAINBOW LAKES ESTATES SEC M BLK 20 LOT 1
- Flood Zone Info: X
- APN: 1814020001
- Property ID: 1814020001
- Block/Lot/Section: 20
Listed by Rainbow Springs Realty Group
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Schools
Schools serving 1159 NW Redwood Dr
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Romeo Elementary School 19550 Southwest 36th Street, Dunnellon, FL 34431 | PK-5 | 5.5 mi |
Dunnellon Middle School 21005 Chestnut Street, Dunnellon, FL 34431 | 6-8 | 10.2 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 10.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1159 NW Redwood Dr
Date
Details
Price
Change
Source
2/16/2026
Listed
$15,000
—
MLS
3/31/2025
Sold
$15,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1159 NW Redwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$193
6%
$3,735
10%
2024
$182
-3%
$3,395
10%
2023
$187
45%
$3,086
-34%
2022
$129
13%
$4,700
84%
2021
$114
—
$2,550
5%
2018
$114
5%
$2,420
10%
2017
$109
6%
$2,200
10%
2016
$103
1%
$2,000
7%
2015
$102
-14%
$1,870
-30%
2019
$118
23%
$2,662
57%
2014
$96
—
$1,700
—
2013
$96
—
$1,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1159 NW Redwood Dr
1159 NW Redwood Drive, Dunnellon, FL 34431 (MLS# OM718935) is a Lots/Land property with a lot size of 0.24 acres. 1159 NW Redwood Drive is currently listed for $15,000 and was received on February 16, 2026. Want to learn more about 1159 NW Redwood Drive? Do you have questions about finding other Lots/Land real estate for sale in Dunnellon? You can browse all Dunnellon real estate or contact a Coldwell Banker agent to request more information.

