$37,000
16 136 Terrace
Dunnellon, FL 34431
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Price Improved! Build your dream home on this beautiful 1-acre parcel in Rainbow Lakes Estates. Already cleared and ready to build, this property could save you thousands in site preparation costs while allowing you to start your plans right away. Backing up to a farm, you will enjoy peaceful country views, stunning sunrises, and the privace that makes this area to desirable. Located on a paved road in Levy County this property offers the perfect blend of rural charm and everyday convenience. Enjoy miles of lightly traveled roads ideal for walking and biking, easy access to the Rainbow and Withlacoochee Rivers, nearby state parks and a short drive to the Gulf Coast and World Equestrian Center. Rainbow Lakes Estates amenities include lakes, fishing pier, playgrounds, pickleball courts, basketball courts horseshoe pits and more.
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 history63 days on market
- Status: ActiveMar 27, 2026
- Listed$39,500Mar 27, 2026
- Price reduced$37,000
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 63
- Subdivision
- Rainbow Lakes Estate
- County
- Levy
- Price/sq ft
- $1
- Lot size
- 43,560 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X (12075C0545F)
- Annual taxes
- $329 (2025)
- Parcel #
- 06864-022-00
- Zoning
- RR-3C
- MLS #
- OM721677
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Water access
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Septic Needed
- Water source
- Well Required
- Utilities
- BB/HS Internet Available, Electrical Nearby, Fiber Optics, Phone Available
Listing Details
- Listing date
- 2026-03-27
- On market date
- 2026-03-27
- Original list price
- $39,500
- MLS area
- 34431 - Dunnellon
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-03-27
- Tax legal description
- 13-15-17 RAINBOW LAKES EST BLK 27 LOT 16 OR BOOK 1540 PAGE 803
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
From County Road 337, turn east on 114th to 136th Terrace. Turn north and property will be a short distance on your 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 29, 2026 at 1:42 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