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$50,000
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Property Description
Lakefront property on Bonable Lake in Rainbow Lakes Estates. Two adjoining wooded lots (Lots 476 and 477) totaling approximately 0.31 acres with about 70 feet of lake frontage. Located on paved SW Sherwood Drive with nearby electric service. Well and septic required. Zoned R-1 for single-family homes. Rainbow Lakes Estates offers parks, playgrounds, tennis courts, fishing, and a community boat ramp. A voluntary Property Owners Association is available, with optional membership. Buyer should confirm the current fee directly with the association. Property is subject to existing liens, including an IRS lien and county assessments. These are expected to be resolved or satisfied at closing. Buyers should complete normal due diligence to confirm association matters, county road assessments, and recorded encumbrances.
Full Property Details
Full Property Details for Lots 476 & 477 SW Shorewood Dr
General
- Price: $50,000
- HOA FEE: $5/month
- HOA FEE FREQ.: Annually
- Taxes: $314 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: TB8431589
- Updated: 9/25/2025
- Added to Site: 116 day(s) ago
Location
- Area: 34431 - Dunnellon
- County: Marion
- Development Name: 34431 - Dunnellon
- Subdivision: RAINBOW LAKES ESTATE
- Driving Directions: US-41 S, Turn right onto SW Rainbow Lakes Blvd 4.4 mi Turn left onto SW Deepwater Ct 0.2 mi Turn right onto SW Shorewood Dr Destination will be on the right 0.4 mi 476 SW Shorewood Dr, Dunnellon, FL 34431
School Information
- Elementary School: Romeo Elementary School
- Middle School: Lake Weir Middle School
- High School: Dunnellon High School
Community
- Community Name: 34431 - Dunnellon
- Community Features: Community Boat Ramp, Fishing, Lake, Deed Restrictions, Park, Playground, Tennis Court(s)
- Association: Yes
- Assoc. Name: RAINBOW LAKES ESTATES POA
- Assoc. Fees Include: None
- Pet Restrictions: PER COMMUNITY DEED RESTRICTIONS
Utilities
- Sewer: Septic Needed
- Water: Well Required
- Utility Description: Electricity Available, Sewer Nearby, Telephone Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,504
- Lot Size: 13504
- Lot Dimensions: 70 x 195
- Street/Road Desc.: Asphalt
Water Features
- Water Front Desc.: Lake
Financial Considerations
- Price Per Acre: $161,290
- Association Fee: $60
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Optional
- Tax Amount: $314.85
- Tax Year: 2024
Disclosures and Reports
- Ownership: Other
- Special Conditions: None
- Legal Description: SEC 31 TWP 15 RGE 18 PLAT BOOK G PAGE 007 RAINBOW LAKES ESTATES SEC L BLK 2 LOTS 476.477
- Flood Zone Info: X
- APN: 1813002476
- Property ID: 1813002476
- Block/Lot/Section: 2
Listed by Lokation
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Schools
Schools serving Lots 476 & 477 SW Shorewood Dr
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Romeo Elementary School 19550 Southwest 36th Street, Dunnellon, FL 34431 | PK-5 | 4.6 mi |
Dunnellon Middle School 21005 Chestnut Street, Dunnellon, FL 34431 | 6-8 | 6.5 mi |
Dunnellon High School 10055 Southwest 180th Avenue Road, Dunnellon, FL 34432 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for Lots 476 & 477 SW Shorewood Dr
Date
Details
Price
Change
Source
9/25/2025
Listed
$50,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Lots 476 & 477 SW Shorewood Dr
Lots 476 & 477 SW Shorewood Drive, Dunnellon, FL 34431 (MLS# TB8431589) is a Lots/Land property with a lot size of 0.31 acres. Lots 476 & 477 SW Shorewood Drive is currently listed for $50,000 and was received on September 25, 2025. Want to learn more about Lots 476 & 477 SW Shorewood Drive? Do you have questions about finding other Lots/Land real estate for sale in Dunnellon? You can browse all Dunnellon real estate or contact a Coldwell Banker agent to request more information.

