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$1,555,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,203 Sq. Ft.
  • Updated 19 hours ago
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Discover one of the most exceptional waterfront settings on the Rainbow River, where crystal-clear spring-fed waters meet privacy, space, and authentic Old Florida charm. This rare corner parcel offers approximately 200 feet of prime direct river frontage, capturing sweeping panoramic views and refreshing breezes, tucked away from tubers and boaters in a low-traffic corner of the river. This spacious 4-bedroom, 3-full bathroom home with a 2-car garage features over 2,200 square feet of thoughtfully designed living space. Highlights include a split-bedroom layout, abundant natural light, and a screened rear porch overlooking the river-ideal for entertaining or simply unwinding with breathtaking sunset views. Key Features & Upgrades: Approximately 200 feet of prime corner waterfront on the Rainbow River, complemented by expansive decking and multiple dock areas, New boathouse with boat lift (2021), New standing seam metal roof (2023), Concrete seawall, Granite countertops in the kitchen, Large backyard shed for additional storage, Whole-home central vacuum system, Attached 2-car garage, River-fed irrigation system, Floating dock, Step outside to your private waterfront oasis, complete with a newer covered boathouse and boat lift-ready for effortless days on the water. This peaceful stretch of the Rainbow River is in a protected no-wake zone, creating a mirror-like surface perfect for swimming, paddleboarding, kayaking, and floating right from your backyard. Enjoy a rare and inviting water entry experience with a shallow wading area along the shoreline that gradually transitions to deeper water-ideal for all ages. Multiple access points include a ladder from the dock and a fun seat swing for an unforgettable entry into the river. The water maintains a constant 72 degrees year-round, with pristine clarity that makes it feel like your own private natural spring. Enjoy a cleaner swimming area with a built-in river-fed dock system that gently pushes away floating debris-just turn the spigot, no effort needed. Lifestyle & Location: Nestled in the desirable Blue Cove community, this golf cart-friendly neighborhood features a low, non-mandatory HOA of just $100 yearly. Residents enjoy access to a private community park and a dock with boat ramp. Located within city limits in a quiet, tucked-away setting with paved streets, the property has no minimum lease restrictions-making it an excellent choice for a full-time home, vacation retreat, or income-producing investment. The unique peninsula-style positioning on this corner lot delivers enhanced privacy and expansive water views, creating a rare sense of openness. With recent waterfront upgrades, this home offers the perfect blend of a private oasis and exceptional positioning on one of Florida's most iconic spring-fed rivers. Live the Rainbow River lifestyle from your own backyard-an exceptional blend of rarity, tranquility, and unmatched natural beauty.

Full Property Details for 11635 E Blue Cove Dr

General

  • Price: $1,555,000
  • HOA FEE: $8/month
  • HOA FEE FREQ.: Annually
  • Taxes: $8,076 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: OM721673
  • Updated: 4/4/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 3
  • Interior Features: Attic Fan, Attic Ventilator, Ceiling Fan(s), Central Vacuum, Eating Space In Kitchen, Split Bedroom, Window Treatments
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Furnishings: Negotiable
  • Flooring: Carpet, Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Inside

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Irrigation System, Private Mailbox, Private Yard, Storage
  • Deck/Patio: Rear Porch, Screened
  • Porch/Patio/Deck: Rear Porch, Screened

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Garage Door Opener

Location

  • Area: 34432 - Dunnellon
  • County: Marion
  • Development Name: 34432 - Dunnellon
  • Subdivision: BLUE COVE UN 01
  • Driving Directions: Step-by-Step Driving Directions: Start at Swampy's — Head out of the parking area onto E Pennsylvania Ave (which is also CR 484 / Hwy 484). Drive a short distance to the first block (Camp Drive)and turn right onto Camp Drive Follow Camp Drive for a short way (one block), turn right onto E Blue Cove Drive — the road curves along the cove. 11635 E Blue Cove Drive will be on your right (it's a waterfront home on the private cove). Safe travels — that area's beautiful by the river.
  • Direction Faces: South

School Information

  • Elementary School: Dunnellon Elementary School
  • Middle School: Dunnellon Middle School
  • High School: Dunnellon High School

Community

  • Community Name: 34432 - Dunnellon
  • Community Features: Community Boat Ramp, Dock, Waterfront, Golf Carts OK
  • Association: Yes
  • Assoc. Fees Include: Other

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water District: RAINBOW RIVER
  • Water: Well
  • Utility Description: Cable Connected, Electricity Connected, Private, Sewer Connected, Sprinkler Well, Street Lights, Water Connected

Structural Information

  • Exterior Const.: Block
  • Roof: Metal
  • Common Walls: Corner Unit
  • Windows: Blinds, Shutters, Window Treatments
  • Stories/Levels: One
  • Square Feet: 2,203
  • Sq. Ft. Source: Public Records
  • Year Built: 1995

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.35
  • Lot Size (Sq. Ft.): 15,246
  • Lot Size: 15246
  • Lot Dimensions: 111 x 137
  • Frontage: Street Paved
  • Street/Road Desc.: Paved, Asphalt

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: River
  • Water Extras: Yes
  • Water Front Name: RAINBOW RIVER
  • Water Front Desc.: Waterfront, River Front

Financial Considerations

  • Association Fee: $100
  • Assoc Fee Freq.: Annually
  • Assoc Fee Desc.: None
  • Tax Amount: $8,076.56
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SEC 25 TWP 16 RGE 18 PLAT BOOK H PAGE 027 BLUE COVE UNIT 1 BLK B LOT 7
  • Flood Zone Info: AE
  • APN: 3453002007
  • Property ID: 3453002007
  • Block/Lot/Section: B

Listed by Sellstate Next Generation-Dunn

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— 11635 E Blue Cove Dr —

  • Sellstate Next Generation-Dunn

  • Sellstate Next Generation-Dunn

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 11635 E Blue Cove Dr

School District:Marion County School District
NameGradesDistance
Dunnellon Elementary School
10235 Southwest 180th Avenue Road, Dunnellon, FL 34432
PK-52.2 mi
Dunnellon Middle School
21005 Chestnut Street, Dunnellon, FL 34431
6-81.2 mi
Dunnellon High School
10055 Southwest 180th Avenue Road, Dunnellon, FL 34432
9-122.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 11635 E Blue Cove Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/03/2026
Listed
$1,555,000
135.61%
MLS
8/04/2020
Sold
$660,000
—
Public Record
Get Price Alerts and Save Property
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 for 11635 E Blue Cove Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,077
-1%
$518,058
3%
2024
$8,193
1%
$503,458
3%
2023
$8,148
-1%
$488,794
3%
2022
$8,192
1%
$474,557
5%
2021
$8,123
—
$453,934
136%
2021
$8,123
165%
$192,253
2%
2019
$3,068
5%
$187,931
2%
2018
$2,913
5%
$184,427
2%
2017
$2,786
4%
$180,634
2%
2016
$2,688
-1%
$176,919
1%
2015
$2,708
6%
$175,689
1%
2014
$2,552
3%
$174,295
2%
2013
$2,467
—
$171,719
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Sellstate Next Generation-Dunn

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11635 E Blue Cove Drive, Dunnellon, FL 34432 (MLS# OM721673) is a Single Family property with 4 bedrooms and 3 full bathrooms. 11635 E Blue Cove Drive is currently listed for $1,555,000 and was received on April 03, 2026. Want to learn more about 11635 E Blue Cove Drive? Do you have questions about finding other Single Family real estate for sale in Dunnellon? You can browse all Dunnellon real estate or contact a Coldwell Banker agent to request more information.

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