
$299,900
1136 Shorewood Drive
Dunnellon, FL 34431
Listing updated: May 24, 2026 at 6:52 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Garage space
Flood zone
About this home
!!!Beautifully Updated Lakefront Home in Rainbow Lakes Estates!!! Welcome to this move-in-ready 2-bedroom, 2-bath home situated on a spacious .59-acre lot overlooking Tiger Lake in desirable Rainbow Lakes Estates. Completely renovated from top to bottom, this charming waterfront property combines modern upgrades, comfortable living spaces, and peaceful natural surroundings. Inside, you’ll find a bright open floor plan featuring a beautifully updated kitchen with granite countertops, stainless steel appliances, and a large center island perfect for entertaining. Waterproof luxury vinyl plank flooring flows throughout the home, while updated bathrooms, modern fixtures, and fresh interior and exterior paint create a clean, contemporary feel. The spacious Florida room, complete with its own mini-split system, offers additional year-round living space and relaxing views of the lake. Major improvements include energy-efficient vinyl windows, blown-in insulation, upgraded lighting, a 200-amp electrical panel, Roof replaced in 2021, and HVAC updated in 2017. Step outside to enjoy the brick paver patio, newly built dock, utility shed, attached 1-car garage, and covered carport — all designed to make the most of Florida outdoor living. Residents of Rainbow Lakes Estates enjoy access to a variety of community amenities including a clubhouse, fitness center, community center, youth center, playgrounds, tennis courts, basketball courts, and nearby parks and recreation areas. Conveniently located near Dunnellon, you’ll be just a short drive from shopping, dining, and outdoor adventures on the Rainbow River and Withlacoochee River. With its updated interior, peaceful setting, and proximity to popular outdoor recreation destinations, this property also offers excellent potential as a short-term rental, vacation getaway, or seasonal investment property. Tiger Lake is currently experiencing historically low water levels due to the significant drought cycle affecting much of North Central Florida. Similar conditions have only occurred one other time in nearly 30 years. For buyers looking toward the future, this presents a rare opportunity to purchase waterfront property while pricing reflects current conditions, offering potential long-term value as regional water levels recover with future rainfall cycles.
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 history1 days on market
- Status: ActiveMay 23, 2026
- Listed$299,900May 23, 2026
- Price increased$299,900
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 1
- Cumulative DOM
- 182
- Subdivision
- Rainbow Lakes Estate
- County
- Marion
- Year built
- 1968
- Living area
- 1,685 sq ft
- Price/sq ft
- $178
- Building area
- 1,973 sq ft (Public Records)
- Lot size
- 25,700 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- A (12083C0445D)
- Garage
- 1 spaces
- Annual taxes
- $3,045 (2025)
- Parcel #
- 1813-002-281
- Zoning
- R1
- MLS #
- OM725130
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Luxury Vinyl
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener
- Interior features
- Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air, Mini-Split Unit(s)
Parking
- Garage spaces
- 1
- Attached garage
- Yes
- Parking features
- Boat, Covered
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Storage
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- BB/HS Internet Available, Electricity Connected, Phone Available
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Primary Bedroom | First | |
| Kitchen | First |
Listing Details
- Listing date
- 2026-05-23
- On market date
- 2026-05-23
- Original list price
- $299,900
- Occupant type
- Vacant
- MLS area
- 34431 - Dunnellon
- Listing AOR
- Ocala - Marion
- Status changed
- 2026-05-23
- Tax legal description
- SEC 32 TWP 15 RGE 18 PLAT BOOK G PAGE 007 RAINBOW LAKES ESTATES SEC L BLK 2 LOTS 281.282.283
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From Dunnellon. North on HWY 41. Left on Rainbow Lakes Blvd. Left On SW Zinnia Ct. Right on SW Tarpon Blvd. Left on SW Shorewood Dr.Property on 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 24, 2026 at 6:52 AM 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