$753,500
20906 River Drive
Dunnellon, FL 34431
Listing updated: June 25, 2026 at 1:01 AM ET
Listing courtesy of Re/Max Premier Realty · Randy Barnes · MLS #OM727331 · Active · 352-732-3222Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Welcome to waterfront living on the beautiful Rainbow River, less than one mile from the public boat ramp and right in the heart of downtown Dunnellon. This unique 4 bedroom, 3.5 bathroom home offers 2,887 sq ft under air, deep water access from the private dock, and a covered boathouse with a rooftop deck perfect for enjoying the riverfront lifestyle. Inside, the home is full of character with wood and tile flooring throughout most of the home, carpet only in the living room, an updated kitchen with granite countertops and hardwood cabinetry, a dining area with wood plank ceilings, and a bright upstairs living area with scenic river views. Just outside the living room is a second-floor balcony with paneled ceilings, creating a peaceful place to relax and take in the views. Three bedrooms are located on the main floor, while the spacious primary suite and bonus room are downstairs, with the primary bedroom and bathroom offering direct access outside toward the dock area. Additional features include a small bar area off the living room, metal roof, newer AC units, and a location just a short drive to shopping, dining, and area amenities. Currently used as a vacation home and short-term rental, this property offers both lifestyle and income potential, with rental income available to be verified for serious buyers.
Local Insight
At $261/sqft for a 1948 waterfront home in Dunnellon, you're paying a premium for river access, but you need to carefully evaluate flood insurance costs and potential vulnerability—that AE flood zone designation means parts of this property are in a high-risk area, which will significantly impact your annual expenses and resale appeal. The 0.32-acre lot is tight for a four-bedroom, so you're really buying the water frontage and access here, not land to expand; make sure the home's age and condition justify the price against similar non-waterfront homes in the area that might offer better value per square foot.
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 history0 days on market
- Status: ActiveJun 24, 2026
- Listed$753,500Jun 24, 2026
- Price increased$753,500
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 0
- Subdivision
- Dunnellon
- County
- Marion
- Year built
- 1948
- Living area
- 2,887 sq ft
- Price/sq ft
- $261
- Building area
- 3,454 sq ft (Public Records)
- Lot size
- 13,939 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X,AE
- Garage
- 1 spaces
- Annual taxes
- $8,229 (2024)
- Parcel #
- 3380-0447-00
- Zoning
- R3A
- MLS #
- OM727331
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Carpet, Ceramic Tile, Wood
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s)
- Laundry
- Inside
- Stories / Levels
- Multi/Split
- Direction faces
- North
Heating & Cooling
- Heating
- Heat Pump
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- No
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Other
- Construction materials
- HardiPlank Type
- Roof
- Metal
- Foundation
- Concrete Perimeter
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Great Room | Upper | |
| Dining Room | Upper | |
| Kitchen | Upper | |
| Primary Bedroom | Upper | |
| Bedroom 2 | Upper | |
| Bedroom 3 | Upper | |
| Bedroom 4 | First | |
| Bedroom 5 | First | |
| Bathroom 1 | Upper | |
| Bathroom 2 | Upper | |
| Bathroom 3 | First | |
| Laundry | Upper | |
| Bathroom 4 | First | |
| Balcony/Porch/Lanai | Upper | |
| Balcony/Porch/Lanai | First |
Listing Details
- Listing date
- 2026-06-24
- On market date
- 2026-06-24
- Original list price
- $753,500
- Occupant type
- Tenant
- MLS area
- 34431 - Dunnellon
- Listing AOR
- Ocala - Marion
- Status changed
- 2026-06-24
- Tax legal description
- SEC 35 TWP 16 RGE 18 PLAT BOOK A PAGE 174 TOWN OF DUNNELLON LOTS 447.448
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Heading west on hwy 484 Tue left onto hale st, rd ends in front of home in River Dr.
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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 25, 2026 at 1:01 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.
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