$24,900
Lot 18 Wood Road
Dunnellon, FL 34431
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Under contract-accepting backup offers. Rainbow Lakes Estates 1.01 acre corner lot! A great location for your dream home! It is a short drive to Downtown Dunnellon, Ocala, or Gainesville. The World Equestrian also nearby. Amenities include 2 Playgrounds, Exercise Room, Community Center, Tennis, Basketball and Racquetball Courts. You will love being near Rainbow Springs State Park, known for its crystal-clear Spring, tubing, kayaking, and scenic walking trails are a must! This lot will require a well, septic system, and electricity connection. Buyer needs to conduct due diligence.
Local Insight
At $1 per square foot in a flood-free zone (X), this acre-plus lot in Rainbow Lakes Estate is priced aggressively low, which should immediately prompt questions about buildability—check setback requirements, septic feasibility, and whether there are any deed restrictions or environmental constraints that explain the bargain pricing. Dunnellon's rural character means you're getting land cheap but trading off proximity to services and job centers, so this works best as a long-term hold or if you're genuinely committed to the area's lifestyle. Before moving forward, verify lot access, confirm utility availability (well/septic infrastructure), and get clarity on why comparable acreage in the subdivision isn't moving at this price point.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history6 days on market
- Status: PendingMay 20, 2026
- Listed$24,900May 14, 2026
- Price increased$24,900
Facts & features
- Property type
- Land
- Status
- Pending
- Days on market
- 6
- Subdivision
- Rainbow Lakes Estate
- County
- Marion
- Price/sq ft
- $1
- Lot size
- 43,996 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- X
- Annual taxes
- $285 (2025)
- Parcel #
- 1808-014-018
- Zoning
- R1
- MLS #
- OM724727
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Septic Needed
- Water source
- Well Required
- Utilities
- BB/HS Internet Available, Electricity Available
Listing Details
- Listing date
- 2026-05-14
- On market date
- 2026-05-14
- Original list price
- $24,900
- MLS area
- 34431 - Dunnellon
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-20
- Tax legal description
- SEC 21 TWP 15 RGE 18 PLAT BOOK G PAGE 002 RAINBOW LAKES ESTATES SEC G BLK 14 LOT 18
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 US 41 turn into Rainbow Lakes Estates on Rainbow Lakes Estates Blvd, Head west to right onto Oleander Pl, Turn left onto SW Marine Blvd, Turn right onto SW Ivy Pl, Turn left onto SW Sea Cliff Ave... Go down to SW Wood RD. Lot is Corner of SW Wood Rd and SW Sea Cliff Ave.
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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 June 4, 2026 at 1:05 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.
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