$1,750,000
12139 Palmetto WayDunnellon, FL 34432
Listing updated: October 13, 2026 at 6:55 AM ET
Listing courtesy of Compass Homes And Land Llc · Nancy Little Lewis · MLS #CC844648 · Active · (352) 447-2595Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Own Your Slice of Heaven on the Rainbow River. Discover the perfect section of the Rainbow, offering peaceful, tranquil, serene riverfront life. This retreat on the pristine Rainbow River is waiting for you. Enjoy an open-concept kitchen and living area—ideal for entertaining family and friends. Step outside to your private dock for kayaking, tubing, or boating right from your backyard. Cruise into Dunnellon by boat, explore the scenic Withlacoochee River, or head to Lake Rousseau for exceptional freshwater fishing. Relax on your screened patio while taking in breathtaking views of the river, or spend the day at nearby Rainbow Springs State Park for a family picnic. Conveniently located with easy access to Ocala, Gainesville, Crystal River, the Suncoast Parkway to Tampa, and Gulf Coast fishing. Close to shopping, dining, golf courses, medical facilities, and more. Don’t miss this rare opportunity to live where others vacation! Owner financing with 1/2 down, 5% interest. Insurance and taxes to be escrowed
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 history519 days on market
- Status: ActiveMay 27, 2026
- Listed$999,000May 12, 2025
- Price increased$1,750,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 519
- County
- Marion
- Year built
- 1961
- Living area
- 2,230 sq ft
- Price/sq ft
- $785
- Building area
- 2,752 sq ft (Public Records)
- Lot size
- 21,375 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE
- Annual taxes
- $9,968 (2024)
- Parcel #
- 3383-001-011
- Zoning
- OOC
- MLS #
- CC844648
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Tile
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Other
- Interior features
- Laminate Counters
- Laundry
- In Garage
- Direction faces
- West
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 0
- Attached garage
- No
- Parking features
- Driveway
HOA & Financial
- Homestead exemption
- Yes
- Listing terms
- Cash, Conventional
Exterior & Construction
- Construction materials
- Stucco, Block
- Roof
- Shingle
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-05-12
- On market date
- 2025-05-12
- Original list price
- $999,000
- Occupant type
- Vacant
- Status changed
- 2026-05-27
- Tax legal description
- SEC 36 TWP 16 RGE 18 PLAT BOOK F PAGE 027 RAINBOW RIVER ACRES BLK A LOT 11
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
at 41 and 484 head east to Palmetto Way, turn right, to home on the left
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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 October 13, 2026 at 6:55 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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