$50,000
Lots 476 & 477 Shorewood Drive
Dunnellon, FL 34431
About this home
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.
Estimated monthly payment
$307/mo
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveSep 25, 2025
- Listed$50,000Sep 25, 2025
- Price increased$50,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 0
- Subdivision
- Rainbow Lakes Estate
- County
- Marion
- Price/sq ft
- $4
- Lot size
- 13,504 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X
- Annual taxes
- $315 (2024)
- Parcel #
- 1813-002-476
- Zoning
- R1
- MLS #
- TB8431589
HOA & Financial
- HOA fee
- $60 / Annually
- Monthly HOA
- $5/mo
- Total monthly fees
- $11/mo
- Total annual fees
- $130
- HOA name
- RAINBOW LAKES ESTATES POA
- Listing terms
- Cash
- Ownership
- Other
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Septic Needed
- Water source
- Well Required
- Utilities
- Electricity Available, Sewer Nearby, Telephone Nearby, Water Nearby
Community
- Pets allowed
- Yes
Schools
School data from listing agent. Verify enrollment with the district.
Listing Details
- Listing date
- 2025-09-22
- On market date
- 2025-09-25
- Original list price
- $50,000
- MLS area
- 34431 - Dunnellon
- Listing AOR
- Lakeland
- Status changed
- 2025-09-25
- Tax legal description
- SEC 31 TWP 15 RGE 18 PLAT BOOK G PAGE 007 RAINBOW LAKES ESTATES SEC L BLK 2 LOTS 476.477
Location
- Flood zone
- X
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
More homes like this
$11,725
Lot 12 Se 136th Ave
Dunnellon, FL 34431
0.25 acres
Rainbow Lakes Estate
MLS# OM704876
$11,725
Lot 5 Se 134th Ter
Dunnellon, FL 34431
0.25 acres
Rainbow Lakes Estate
MLS# OM699604
$11,725
Lot 62 Se 134th Ct
Dunnellon, FL 34431
0.25 acres
Rainbow Lakes Estate
MLS# OM699605
$11,725
Lot 4 Se 134th Ter
Dunnellon, FL 34431
0.25 acres
Rainbow Lakes Estate
MLS# OM699603
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of September 26, 2025 at 1:01 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA