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$4,900,000 -$1,000,000 (-16.95%) Price Reduced
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Property Description
!!! JUST REDUCED PRICE BY 1 MILLION DOLLARS!!! This unique opportunity allows for the purchase of a property featuring a clubhouse, maintenance facility, and an 18-hole golf course nestled within the desirable Rainbow Springs community. Although the golf course is currently closed, the property is actively managed, maintained, and mowed multiple times each year. Spanning approximately 215 acres, this land offers a wealth of potential for a savvy investor. The clubhouse underwent a multi-million dollar renovation in 2018, hosting a range of amenities including a swimming pool with nearby restrooms, tennis and pickleball courts, a grand ballroom, a public restaurant on-site, a disc golf course, a half-court basketball area, bocce ball courts, and more. Upon entering the clubhouse, you will find around 25,000 square feet of space that houses various rooms for activities such as meetings, billiards, ping pong, fitness sessions, crafts, card games, and other pursuits. With over 180 parking spaces available, there is plenty of room for guests to enjoy the various offered activities.Additionally, the owner has a vacant lot featuring their own billboard along the busy US 41 for promotional purposes. This property boasts two deep-water wells with water permits valid until November 7, 2040, providing a substantial capacity of 192,500 gallons per day. Furthermore, the property enjoys around 4,500 feet of highway frontage on US 41. Its prime location is less than a mile away from Rainbow Springs State Park, which draws 350,000 visitors each year, and just two miles from the KP Hole County Park on the Rainbow River, which welcomed 100,000 visitors in 2023. The Rainbow Springs Campground is a mere 10-minute drive from the site. The seller is open to the idea of selling the property separately from the clubhouse.
Full Property Details
Full Property Details for 8518 SW 189th Ct Rd
General
- Price: $4,900,000
- Taxes: $9,563 (2023)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: OM688678
- Updated: 3/15/2026
- Added to Site: 504 day(s) ago
Rental Information
- Complex Features: Bathrooms, Kitchen Facility, Pool/Spa
Interior
- Flooring: Carpet, Concrete, Tile, Vinyl
Additional Information
- Security/Safety: Fire Sprinkler System, Security Lights
Parking
- Parking Features: Over 30 Spaces
Location
- Area: 34432 - Dunnellon
- County: Marion
- Development Name: 34432 - Dunnellon
- Subdivision: RAINBOW SPGS COUNTRY CLUB ESTATES
- Driving Directions: From Dunnellon: North on US 41 to east on SW 83rd Pl Road to Clubhouse on right.
- Direction Faces: North
Community
- Community Name: 34432 - Dunnellon
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Needed
- Water: Public
- Utility Description: Electricity Available, Phone Available, Water Connected
Structural Information
- # Buildings: 4
- Exterior Const.: Other
- Roof: Metal
- Year Built: 1984
Additional Structures
- Other Structures: Maintenance, Storage, Workshop
Lot Features
- Lot Size (Acres): 214.89
- Lot Size (Sq. Ft.): 9,360,608
- Lot Size: 214.89
- Frontage: Easement
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $9,563.56
- Tax Year: 2023
Disclosures and Reports
- Ownership: Partnership
- Special Conditions: None
- Legal Description: SEC 12 TWP 16 RGE 18 PLAT BOOK S PAGE 106 RAINBOW SPRINGS COUNTRY CLUB ESTATES TRACTS 3.4.5.8.10 (GO
- Flood Zone Info: X
- APN: 3296000001
- Property ID: 3296000001
- Block/Lot/Section: H
Listed by Dunnellon Real Estate Llc
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Schools
Schools serving 8518 SW 189th Ct Rd
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Dunnellon Elementary School 10235 Southwest 180th Avenue Road, Dunnellon, FL 34432 | PK-5 | 2.1 mi |
Dunnellon Middle School 21005 Chestnut Street, Dunnellon, FL 34431 | 6-8 | 3.7 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 2 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 8518 SW 189th Ct Rd
Date
Details
Price
Change
Source
3/15/2026
Price Reduced
$4,900,000
-16.95%
MLS
11/04/2024
Price Reduced
$5,900,000
-34.44%
MLS
10/30/2024
Listed
$8,999,000
832.54%
MLS
7/30/2018
Sold
$965,000
—
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 8518 SW 189th Ct Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,493
36%
$356,400
10%
2024
$9,920
—
$324,000
—
2023
$9,962
—
$324,000
—
2022
$9,990
-2%
$324,000
—
2021
$10,177
-2%
$324,000
—
2019
$10,392
8%
$324,000
—
2018
$9,646
—
$324,000
—
2017
$9,662
4%
$324,000
—
2016
$9,326
—
$324,000
—
2015
$9,350
-49%
$324,000
-65%
2014
$18,431
-24%
$916,192
-29%
2013
$24,189
—
$1,297,200
—
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 8518 SW 189th Ct Rd
8518 SW 189th Court Rd, Dunnellon, FL 34432 (MLS# OM688678) is a Commercial property. 8518 SW 189th Court Rd is currently listed for $4,900,000 and was received on October 30, 2024. Want to learn more about 8518 SW 189th Court Rd? Do you have questions about finding other Commercial real estate for sale in Dunnellon? You can browse all Dunnellon real estate or contact a Coldwell Banker agent to request more information.

