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$235,000

  • Sold
  • Closed
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,566 Sq. Ft.
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Opportunity knocks in one of Dunnellon's most coveted nature-centric communities. Nestled on a spacious, nearly half-acre lot in Rainbow Springs Country Club Estates, this 2/2/2 home is ready for its next chapter - and the setting alone is worth the drive. The front yard is graced with beautiful mature trees and lush landscaping, while the back of the property overlooks the tranquil old fairway, offering peaceful, open views that never get old. Imagine starting your mornings with coffee or tea on the back patio as the sun rises over the old golf course - watching the birds graze, listening to the quiet, and breathing in the fresh Florida air. When you're ready to explore, hop on your bike, golf cart, or take a stroll down the community trails to the clubhouse, or head to the private resident river park for an early morning paddle on the world-famous Rainbow River. New roof April 2026. HVAC 2015. The bones are here - bring your vision and transform this home into the retreat you've been dreaming of. Beyond your doorstep, you're just minutes from Rainbow Springs State Park, the beloved KP Hole County Park, downtown Dunnellon's waterfront dining, local shopping, and multiple grocery stores. Medical facilities, cultural amenities, and the vibrant communities of Ocala, Crystal River, and Inverness are all within approximately 20 minutes. And surrounding it all - miles of spring-fed rivers, crystal-clear estuaries, scenic chains of lakes, and some of Florida's most spectacular natural waterways to explore year-round. This is the Florida nature lifestyle at its finest. Schedule your private tour and discover the absolute beauty and tranquility this home and community embody.

Full Property Details for 8985 SW 196th Terrace Rd

General

  • Sold For: $235,000
  • HOA FEE: $21/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,297 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: OM723948
  • Added to Site: 47 day(s) ago

Interior

  • Number of Rooms: 6
  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Carpet

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Garage

Exterior

  • Exterior Features: Irrigation System, Other, Sprinkler Metered

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 34432 - Dunnellon
  • County: Marion
  • Development Name: 34432 - Dunnellon
  • Subdivision: RAINBOW SPGS COUNTRY CLUB ESTATE
  • Driving Directions: From US 41, turn east on SW 88th Pl Rd, turn right on SW 198th Ct, turn right on SW 197th Cir, house 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 Name: 34432 - Dunnellon
  • Association: Yes
  • Assoc. Name: Rainbow Springs POA / Kimberly

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Private Sewer
  • Water District: RAINBOW RIVER
  • Water: Public
  • Utility Description: Electricity Connected, Water Connected

Structural Information

  • Exterior Const.: Block, Stucco
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,566
  • Sq. Ft. Source: Public Records
  • Living Area: 1,566 Sq. Ft.
  • Year Built: 1980

Lot Features

  • Property View: Park/Greenbelt, Trees/Woods
  • Lot Size (Acres): 0.46
  • Lot Size (Sq. Ft.): 20,038
  • Lot Size: 20038
  • Lot Dimensions: 100 x 200
  • Street/Road Desc.: Paved

Water Features

  • Water Access: Yes
  • Water Access Desc: River
  • Water Front Name: RAINBOW RIVER

Financial Considerations

  • Association Fee: $250
  • Assoc Fee Freq.: Annually
  • Assoc Fee Desc.: Required
  • Tax Amount: $1,297.71
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SEC 13 TWP 16 RGE 18 PLAT BOOK S PAGE 106 RAINBOW SPRINGS COUNTRY CLUB ESTATES BLK F LOT 43
  • Flood Zone Info: X
  • APN: 3296006043
  • Property ID: 3296006043
  • Block/Lot/Section: F

Listed by Keller Williams Cornerstone Re
Sold by Stellar Non-Member Office

Listing agent

— 8985 SW 196th Terrace Rd —

  • Keller Williams Cornerstone Re

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8985 SW 196th Terrace Rd

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
6-83.1 mi
Dunnellon High School
10055 Southwest 180th Avenue Road, Dunnellon, FL 34432
9-122.3 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 8985 SW 196th Terrace Rd

Date
Details
Price
Change
Source
6/01/2026
Sold
$235,000
-2.08%
MLS
5/02/2026
Listed
$240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Cornerstone Re
Sold by Stellar Non-Member Office

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8985 SW 196th Terrace Road, Dunnellon, FL 34432 (MLS# OM723948) is a Single Family property that was sold at $235,000 on June 01, 2026. Want to learn more about 8985 SW 196th Terrace Road? 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.