$830,000
20540 5th Place
Dunnellon, FL 34431
Listing updated: June 8, 2026 at 2:21 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Overlooking 19+ acres to the North end of Dunnellon, this versatile farm offers a great combination of privacy and potential– all with no HOA restrictions! Conveniently located just around the corner from US 41 and a short drive from both the World Equestrian Center, HITS, and Ocala’s variety of shopping and dining options, this farm is perfectly positioned to get the most out of Central Florida’s exciting equestrian lifestyle. Designed for both efficiency and flexibility, the property features a 12-stall center-aisle barn complete with feed and tack rooms, 5 pastures/paddocks, and lush bahia grass fields that were previously used for hay production. Whether your focus is training, boarding, or passive seasonal rental income, the farm is well suited for a variety of uses, skill-levels, and disciplines with ample opportunity to further customize if desired. Two residences are currently established on property: The main home is a 3-bedroom, 2-bath block home with over 1,300 sqft of space. Updates to this home include a new roof in 2024 and new HVAC in 2022. The secondary home is a 3-bedroom, 2-bathroom mobile home built in 2015, offering plenty of flexibility for guests, in-laws, or potential rental income. This would be a great option for those looking to take advantage of the local equestrian and outdoor tourism with an AirBnb or VRBO with Rainbow Springs State Park, the Rainbow River, and the Goethe State Forest just minutes away. With no HOA, established infrastructure, and multiple opportunities for income through boarding, seasonal rentals, or Airbnb/VRBO potential, this is a rare opportunity to own a centrally located farm in one of Marion County’s most desirable equestrian corridors!
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 history18 days on market
- Status: ActiveMay 21, 2026
- Listed$850,000May 21, 2026
- Price reduced$830,000
Facts & features
- Property type
- Residential
- Sub type
- Farm
- Status
- Active
- Days on market
- 18
- Subdivision
- Farm Non-Sub
- County
- Marion
- Year built
- 1997
- Living area
- 1,334 sq ft
- Price/sq ft
- $622
- Building area
- 2,985 sq ft (Public Records)
- Lot size
- 835,045 sq ft
- Lot category
- 10 to less than 20
- Flood zone
- X (12083C0465D)
- Garage
- 2 spaces
- Annual taxes
- $3,332 (2025)
- Parcel #
- 17306-004-00
- Zoning
- A1
- MLS #
- OM725007
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Tile, Wood
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Interior features
- Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Ownership
- Fee Simple
- Available for lease
- No
Exterior & Construction
- Exterior features
- Other, Storage
- Construction materials
- Cement Siding
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Dirt
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Electricity Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | |
| Living Room | First | |
| Primary Bedroom | First |
Listing Details
- Listing date
- 2026-05-20
- On market date
- 2026-05-21
- Original list price
- $850,000
- Occupant type
- Owner
- MLS area
- 34431 - Dunnellon
- Listing AOR
- Ocala - Marion
- Status changed
- 2026-05-21
- Tax legal description
- SEC 14 TWP 15 RGE 18 COM NW COR OF S 1/2 OF NW 1/4 TH S 89-51-31 E 1992.46 FT TO POB TH S 89-51-31 E 645.55 FT TH S 00-05-25 W 1323.61 FT TH N 89-51-22 W 645.66 FT TH N 00-05-25 E 1323.58 FT TO POB EXC N 30 FT FOR RD ROW
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 WEC Ocala, drive west on 40. Turn right onto HWY 328. South on 41. Second Right on SW 5th PL. Travel 1.4 miles and property will be on the left hand side.
More homes like this
$769,000
6609 Sw 179th Avenue Rd
Dunnellon, FL 34432
4 bd · 3 ba · 2,969 sqft
Juliette Falls
MLS# OM724458
$1,195,000
1098 Nw 165th Court Rd
Dunnellon, FL 34432
3 bd · 2 ba · 2,232 sqft
High Cotton Farms
MLS# OM725088
$520,000
13850 Se 73rd Ln
Morriston, FL 32668
3 bd · 2 ba · 1,683 sqft
Triple Crown Farms
MLS# OM703240
$988,000
23220 Nw 27th St
Morriston, FL 32668
3 bd · 2 ba · 2,200 sqft
Gold Medal Farms
MLS# OM710235
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 8, 2026 at 2:21 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