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Property Description
A rare opportunity to own one of Rainbow River's premier waterfront estates. Experience unparalleled luxury where timeless elegance meets one of Florida's most breathtaking natural settings. This exceptional 6,040± square-foot residence boasts approximately 90 feet of private Rainbow River frontage, offering unobstructed views of the crystal-clear, spring-fed waters. With no homes across the river-only the untouched beauty of Florida's natural landscape-this extraordinary property delivers a level of privacy and serenity that is truly unmatched. Thoughtfully designed to capture the spectacular views, the home features two expansive screened porches spanning both levels, along with a private balcony off the owner's suite, creating the perfect setting to enjoy peaceful mornings, colorful sunsets, and the beauty of the river throughout the day. A grand foyer welcomes you inside, where an elegant staircase and custom elevator provide access to the main living level. The impressive great room showcases soaring vaulted ceilings, a stately fireplace, custom wet bar, and walls of glass that frame the river beyond. French doors open seamlessly to the screened porch, blending indoor and outdoor living. The gourmet kitchen flows effortlessly into the dining area, creating an ideal space for both intimate gatherings and grand entertaining. The owner's suite is a private sanctuary featuring its own fireplace, sitting area, and secluded porch overlooking the river. The spa-inspired bath offers a soaking tub, walk-in shower, private water closet with bidet, dual vanities, and two generous walk-in closets. Two additional guest suites, each with private en-suite baths, provide exceptional comfort and privacy. The lower level is equally impressive, featuring an expansive game room with a built-in bar and custom cabinetry, along with a spacious flex room complete with a closet and utility sink-ideal as an art studio, fitness room, home office, media room, or additional guest suite. An additional bedroom and full bath make this level perfectly suited for extended family, guests, or multigenerational living. Two oversized garages provide space for up to four vehicles, while the conveniently located upstairs laundry room enhances everyday functionality. Outside, approximately 90 feet of private Rainbow River frontage sets the stage for an extraordinary waterfront lifestyle. A spacious deck leads to the private dock, offering immediate access to boating, kayaking, paddleboarding, fishing, swimming, or simply floating along one of Florida's most celebrated spring-fed rivers. A tranquil waterfall feature and beautifully landscaped grounds complete this remarkable outdoor retreat. Combining architectural elegance, exceptional craftsmanship, and one of the most coveted locations on the Rainbow River, this extraordinary estate offers an unparalleled opportunity to experience the very best of Florida waterfront living.
Full Property Details
Full Property Details for 11685 E Blue Cove Dr
General
- Price: $2,500,000
- Taxes: $31,055 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM728590
- Updated: 7/16/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Built-in Features, Elevator, Kitchen and Family Room Combination, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Gas
- Appliances: Cooktop, Dishwasher, Microwave
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside, Laundry Room
Exterior
- Exterior Features: Balcony, Lighting, Private Mailbox
- Deck/Patio: Front Porch, Rear Porch, Screened
- Porch/Patio/Deck: Front Porch, Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
Location
- Area: 34432 - Dunnellon
- County: Marion
- Development Name: 34432 - Dunnellon
- Subdivision: BLUE COVE
- Driving Directions: From Dunnellon, East on CR 484 and left on Camp Drive; first right on Blue Cove Drive and house on right.
- Direction Faces: East
School Information
- Elementary School: Dunnellon Elementary School
- Middle School: Dunnellon Middle School
- High School: Dunnellon High School
Community
- Community Name: 34432 - Dunnellon
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water District: RAINBOW RIVER
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Architectural Info: Custom
- Architectural Style: Custom
- Exterior Const.: Cedar, Stone, Wood Frame
- Roof: Metal
- Stories/Levels: Two
- Square Feet: 6,040
- Sq. Ft. Source: Public Records
- Year Built: 1991
Lot Features
- Property View: Water
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,682
- Lot Size: 15682
- Lot Dimensions: 100 x 156
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
- Fencing (Description): Other
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: River
- Water Front Name: RAINBOW RIVER
- Water Front Desc.: River Front
Financial Considerations
- Assoc Fee Desc.: None
- Tax Amount: $31,055.34
- 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 4
- Flood Zone Info: AE
- APN: 3453002004
- Property ID: 3453002004
- Block/Lot/Section: B
Listed by Joan Pletcher
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Schools
Schools serving 11685 E Blue Cove Dr
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Dunnellon Elementary School 10235 Southwest 180th Avenue Road, Dunnellon, FL 34432 | PK-5 | 2.3 mi |
Dunnellon Middle School 21005 Chestnut Street, Dunnellon, FL 34431 | 6-8 | 1.2 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 2.6 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 11685 E Blue Cove Dr
Date
Details
Price
Change
Source
7/16/2026
Listed
$2,500,000
122.22%
MLS
12/12/2006
Sold
$1,125,000
—
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 11685 E Blue Cove Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$31,055
166%
$1,885,720
168%
2024
$11,667
—
$704,832
3%
2023
$11,611
-2%
$684,303
6%
2021
$11,789
1%
$645,021
-3%
2022
$11,686
-1%
$664,372
4%
2021
$11,789
8%
$636,115
4%
2018
$10,946
6%
$610,219
3%
2017
$10,357
-2%
$592,272
2%
2016
$10,600
-1%
$580,090
1%
2015
$10,684
-7%
$576,058
-7%
2019
$11,526
14%
$621,813
9%
2014
$10,124
3%
$571,486
2%
2013
$9,809
—
$563,040
—
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 11685 E Blue Cove Dr
11685 E Blue Cove Drive, Dunnellon, FL 34432 (MLS# OM728590) is a Single Family property with 5 bedrooms and 4 full bathrooms. 11685 E Blue Cove Drive is currently listed for $2,500,000 and was received on July 16, 2026. Want to learn more about 11685 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.

