Date
Details
Price
Change
Source
5/12/2025
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/33
$1,750,000
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Property Description
Own Your Slice of Heaven on the Rainbow River. Discover the perfect section of the Rainbow, offering peaceful, tranquil, serene riverfront life. This retreat on the pristine Rainbow River is waiting for you. Enjoy an open-concept kitchen and living area-ideal for entertaining family and friends. Step outside to your private dock for kayaking, tubing, or boating right from your backyard. Cruise into Dunnellon by boat, explore the scenic Withlacoochee River, or head to Lake Rousseau for exceptional freshwater fishing. Relax on your screened patio while taking in breathtaking views of the river, or spend the day at nearby Rainbow Springs State Park for a family picnic. Conveniently located with easy access to Ocala, Gainesville, Crystal River, the Suncoast Parkway to Tampa, and Gulf Coast fishing. Close to shopping, dining, golf courses, medical facilities, and more. Don't miss this rare opportunity to live where others vacation! Owner financing with 1/2 down, 5% interest. Insurance and taxes to be escrowed
Full Property Details
Full Property Details for 12139 Palmetto Way
General
- Price: $1,750,000
- Taxes: $9,967 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: CC844648
- Updated: 10/8/2026
- Added to Site: 518 day(s) ago
Interior
- Interior Features: Laminate Counters
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Other
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Shared Amenities: Airport/Runway, Laundry, Other
Exterior
- Exterior Features: Irrigation System
Parking
- Parking Features: Driveway
Location
- County: Marion
- Driving Directions: at 41 and 484 head east to Palmetto Way, turn right, to home on the left
- Direction Faces: West
School Information
- Elementary School: Dunnellon Elementary School
- Middle School: Dunnellon Middle School
- High School: Dunnellon High School
Community
- Community Features: Airport/Runway, Restaurant
- Optional Amenities: Airport/Runway, Laundry, Other
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Stucco, Block
- Roof: Shingle
- Windows: Double Pane Windows
- Square Feet: 2,230
- Sq. Ft. Source: Public Records
- Year Built: 1961
Lot Features
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 21,375
- Lot Size: 21375
- Lot Dimensions: 95 x 225
- Street/Road Desc.: Paved
Water Features
- Water Extras: Yes
- Water Front Desc.: Freshwater Canal, River Front
Financial Considerations
- Price Per Acre: $3,571,428
- Tax Amount: $9,967.99
- Tax Year: 2024
Disclosures and Reports
- Legal Description: SEC 36 TWP 16 RGE 18 PLAT BOOK F PAGE 027 RAINBOW RIVER ACRES BLK A LOT 11
- Flood Zone Info: AE
- APN: 3383001011
- Property ID: 3383001011
Listed by Compass Homes and Land LLC
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Listing agents
— 12139 Palmetto Way —
Compass Homes and Land LLC
Compass Homes and Land LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 12139 Palmetto Way
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Dunnellon Elementary School 10235 Southwest 180th Avenue Road, Dunnellon, FL 34432 | PK-5 | 2.7 mi |
Dunnellon Middle School 21005 Chestnut Street, Dunnellon, FL 34431 | 6-8 | 1.1 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 3 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 12139 Palmetto Way
Estimate the Cost
Estimate the Cost for 12139 Palmetto Way
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Sold by Haven Property Group Llc
12139 Palmetto Way, Dunnellon, FL 34432 (MLS# CC844648) is a Single Family property with 3 bedrooms and 2 full bathrooms. 12139 Palmetto Way is currently listed for $1,750,000 and was received on May 12, 2025. Want to learn more about 12139 Palmetto Way? 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.