$268,500
4500 Freshwater Court
Dunnellon, FL 34431
Listing updated: May 3, 2026 at 9:54 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Welcome to this immaculately maintained 1968 Florida Classic Gem. This 2 bed, 2 bath, 2 car garage home is beautifully situated on a peaceful and nature-filled .62-acre parcel in the community of Rainbow Lakes Estates. Nestled among mature trees and beautifully landscaped grounds, this property offers a serene setting that truly feels like a natural paradise, while remaining just minutes from everyday conveniences. The home is in move-in condition and has been thoughtfully updated over the years. Major improvements include energy-efficient windows replaced in 2019, a new HVAC system installed in 2021, and a metal roof added in 2022. Interior updates in 2022 also introduced luxury vinyl plank flooring and fresh paint, giving the home a clean and modern feel. In 2025, additional upgrades were completed including new kitchen appliances, a new hot water heater, and a whole-house water treatment and filtration system, offering both comfort and peace of mind for years to come. The home’s inviting layout is perfect for everyday living or relaxing after a day spent enjoying the surrounding natural beauty. Step outside to enjoy the tranquil atmosphere, where the lush landscaping and quiet surroundings create a true retreat. The 20' shipping container, carport cover, and 8x8 shed convey with the sale of the home. One of the highlights of this location is its proximity to Lake Tiger and Lake Bonable, two scenic lakes that are known for their peaceful waters and natural surroundings. Residents enjoy easy access to these lakes for fishing, boating, kayaking, and relaxing waterfront views, making the area ideal for nature lovers and outdoor enthusiasts. The Rainbow Lakes Estates community offers a variety of amenities including a community center, fitness area, playgrounds, tennis and basketball courts, and lake access with fishing pier and boat ramp, creating opportunities for recreation and social activities close to home. Despite the tranquil setting, you are just minutes from downtown Dunnellon, where you’ll find charming antique shops, local restaurants, grocery stores, and everyday shopping. The home is also conveniently located near Ocala, the World Equestrian Center, Crystal River, Gainesville, and the Gulf Coast, as well as the crystal-clear waters and outdoor recreation of Rainbow Springs State Park. If you're searching for a beautifully updated home surrounded by nature, yet close to modern conveniences, this property offers the perfect balance of comfort, tranquility, and Florida lifestyle living.
Estimated monthly payment
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 history50 days on market
- Status: ActiveMar 14, 2026
- Listed$268,500Mar 14, 2026
- Price increased$268,500
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 50
- Subdivision
- Rainbow Lakes Estate
- County
- Marion
- Year built
- 1968
- Living area
- 1,388 sq ft
- Price/sq ft
- $193
- Building area
- 1,894 sq ft (Public Records)
- Lot size
- 27,007 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X (12083C0445D)
- Garage
- 2 spaces
- Annual taxes
- $3,589 (2025)
- Parcel #
- 1805-000-010
- Zoning
- R1
- MLS #
- OM720857
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Half bathrooms
- 1
- Flooring
- Luxury Vinyl, Tile
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Other, Storage
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Electricity Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Balcony/Porch/Lanai | First | |
| Living Room | First | |
| Kitchen | First | |
| Primary Bedroom | First | |
| Dining Room | First |
Listing Details
- Listing date
- 2026-03-13
- On market date
- 2026-03-14
- Original list price
- $268,500
- Occupant type
- Owner
- MLS area
- 34431 - Dunnellon
- Listing AOR
- Ocala - Marion
- Status changed
- 2026-03-14
- Tax legal description
- SEC 32 TWP 15 RGE 18 PLAT BOOK F PAGE 146 RAINBOW LAKES ESTATES SEC D BLK 5 LOT 14 N 1/2
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
US-41 N, Continue on SW Rainbow Lakes Blvd. Drive to Freshwater Ct in Rainbow Lakes Estates, Turn left onto SW Rainbow Lakes Blvd, Turn left onto SW Zinnia Ct, Turn right at the 1st cross street onto Beach Blvd, Turn left onto Freshwater Ct, .3 mi down on the right
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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 May 3, 2026 at 9:54 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