$14,900

0 Alvarez Road

Dunnellon, FL 34431

Active
0
Baths
0.25
Acres
$1/sqft360° tour

About this home

Buildable Lot in Desirable Rainbow Lake Estates! Don’t miss this opportunity to own a buildable lot on a paved road in the sought-after Rainbow Lake Estates community. Surrounded by many new and well-maintained homes, this lot is ideal for building your dream home in a peaceful, natural setting.Located just:15 minutes from Rainbow Springs State Park for swimming, kayaking, and hiking 20 minutes to downtown Dunnellon for shopping, dining, groceries, and medical services 30 minutes to the Gulf, perfect for fishing and boating trips, This high and dry property is nestled in a quiet, no-HOA neighborhood, offering you freedom and flexibility. Enjoy the Florida lifestyle with endless outdoor recreation nearby. Build now or hold for investment—this is a great opportunity in a growing area!

Estimated monthly payment

$97/mo

Principal & interest$75
Property taxes$15
Home insurance (est.)$7

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 history35 days on market

  1. Status: Active
    Oct 8, 2025
  2. Listed$14,900
    Oct 7, 2025
  3. Price increased$14,900

Virtual Tour

Facts & features

Property type
Land
Status
Active
Days on market
35
Subdivision
Rainbow Lakes Estate
County
Marion
Price/sq ft
$1
Lot size
10,890 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X
Annual taxes
$177 (2024)
Parcel #
18161001-047
Zoning
R1
MLS #
OM711057

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash
Ownership
Fee Simple

Exterior & Construction

Road surface
Paved

Utilities

Sewer
Septic Needed
Water source
Well Required
Utilities
Electrical Nearby

Schools

ElementaryRomeo Elementary SchoolGreatSchools ↗
MiddleDunnellon Middle SchoolGreatSchools ↗
High SchoolDunnellon High SchoolGreatSchools ↗

School data from listing agent. Verify enrollment with the district.

Listing Details

Listing date
2025-10-03
On market date
2025-10-07
Original list price
$14,900
MLS area
34431 - Dunnellon
Listing AOR
Sarasota - Manatee
Status changed
2025-10-08
Tax legal description
SEC 18 TWP 15 RGE 18 PLAT BOOK G PAGE 90 RAINBOW LAKES ESTATES RESUB OF SEC O BLKS 4,5,6,10,11 BLK 10A LOT 47

Location

Flood zone
X

Directions

From Ocala, take W Hwy 40 (SR 40) west toward Dunnellon. Turn right onto US-41 North. Continue for approximately 2 miles, then turn left onto NW 27th Street. Follow to NW Alvarez Road and turn right. Property will be on the left – look for sign.

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MLS GRID

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 November 11, 2025 at 6:55 PM 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