Date
Details
Price
Change
Source
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.
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Property Description
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
Full Property Details for 8985 SW 196th Terrace Rd
General
- Price: $240,000
- HOA FEE: $21/month
- HOA FEE FREQ.: Annually
- Taxes: $1,297 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM723948
- Updated: 5/2/2026
- Added to Site: 1 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
- 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
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Listing agent
— 8985 SW 196th Terrace Rd —
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Schools
Schools serving 8985 SW 196th Terrace Rd
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Dunnellon Elementary School 10235 Southwest 180th Avenue Road, Dunnellon, FL 34432 | PK-5 | 2.2 mi |
Dunnellon Middle School 21005 Chestnut Street, Dunnellon, FL 34431 | 6-8 | 3.1 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 2.3 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
Tax History
Tax History for 8985 SW 196th Terrace Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,298
22%
$96,183
3%
2024
$1,061
3%
$93,472
3%
2023
$1,026
-2%
$90,750
6%
2021
$1,049
-1%
$85,541
-3%
2022
$1,061
1%
$88,107
4%
2021
$1,049
8%
$84,360
4%
2018
$969
2%
$80,925
2%
2017
$949
4%
$79,261
2%
2016
$916
-12%
$77,631
-9%
2015
$1,045
3%
$84,872
3%
2019
$1,016
-18%
$82,463
-18%
2014
$1,234
3%
$100,088
1%
2013
$1,202
—
$98,609
—
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 8985 SW 196th Terrace Rd
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Sold by Keller Williams Gainesville Realty Partners
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Listed by Realtycity Inc
Sold by Keller Williams Cornerstone Re
Sold by Keller Williams Cornerstone Re
8985 SW 196th Terrace Road, Dunnellon, FL 34432 (MLS# OM723948) is a Single Family property with 2 bedrooms and 2 full bathrooms. 8985 SW 196th Terrace Road is currently listed for $240,000 and was received on May 02, 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.