Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

TBD SW SHOREWOOD DRIVE, 503.504

Lots/Land For Sale
$39,950

BTC: 0.50251572

ETH: 16.95879374

3 days
Waterfront
0 room(s)

Overview

LAKEFRONT LIVING ON BONABLE LAKE! YOUR OWN PIECE OF PARADISE IN RAINBOW LAKES ESTATES! Imagine building your dream home overlooking the peaceful waters of Bonable Lake, part of the beautiful chain of lakes that includes Tiger Lake, in Rainbow Lakes Estates in Dunnellon, Florida! This 0.29-acre lakefront lot offers a wonderful opportunity to enjoy the beauty of nature, peaceful country living, and the convenience of nearby amenities. AND WAIT UNTIL YOU SEE THE LOCATION! Situated on SW Shorewood Drive, this property is the second-to-last lot on the road, giving it an almost cul-de-sac feel with minimal through traffic. Imagine relaxing with your morning coffee, enjoying the lake views, watching the wildlife, and coming home to your own little piece of Florida paradise! Zoned R-1 for site-built homes and located in Flood Zone X, the property features paved road access, electricity nearby, and NO HOA FEES! Here's your opportunity to build the home you've always wanted in a quiet, established community. Rainbow Lakes Estates offers an impressive variety of recreational amenities, including community lakes, fishing piers, boat ramps, parks, playgrounds, tennis and basketball courts, shuffleboard, a clubhouse, community center, youth center, and more! Whether you enjoy fishing, boating, outdoor recreation, or simply relaxing in the great outdoors, there's something here for everyone. And while you'll feel tucked away from the hustle and bustle, you're still conveniently located near historic downtown Dunnellon, Rainbow Springs State Park, the beautiful Rainbow River, Juliette Falls Golf Course, and the World Equestrian Center. Ocala, Gainesville, Crystal River, and the Gulf Coast are also within driving distance. 0.29 ACRES! LAKEFRONT! PEACEFUL SETTING! NO HOA FEES! Affordable lakefront opportunities like this are worth a closer look! Whether you're planning your forever home, a peaceful retirement retreat, or simply looking for a beautiful place to enjoy Florida living, this property offers a wonderful setting to make those dreams a reality. Don't just imagine the possibilities — come experience them for yourself! Schedule your private showing, and let's go take a look!

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.29 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$65,500
$55K – $79K
Confidence Low
List vs. estimate
$25K below estimate
List $39,950 · -39.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$394
2025
Waterfront
Lake - Chain of Lakes
All facts and features
  • Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 1813002503

    • Zoning: R1

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

  • Other financial information

    • Annual tax amount: $395

  • Source details

    • MLS ID: OM734040

    Other facts

    • Waterfront: Yes

    • Water Source: Well Required

    • Lot Size Dimensions: 70 x 182

    • Subdivision Name: RAINBOW LAKES ESTATE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

New
For Sale
$35,000
Lots/Land
1.00 acres
RAINBOW SPRINGS ESTATES, DUNNELLON
0000 SE 139TH COURT
For Sale
$37,000
Lots/Land
0.99 acres
RAINBOW LAKES ESTATE, DUNNELLON
SW ADMIRAL LANDING DRIVE
For Sale
$37,000
Lots/Land
0.99 acres
RAINBOW LAKES ESTATE, DUNNELLON
00 SW BREAKWATER BOULEVARD
For Sale
$30,000
Lots/Land
0.99 acres
RAINBOW LAKES ESTATE, DUNNELLON
0 SW GREEN BAY DRIVE
-$6K
For Sale
$28,000
Lots/Land
1.04 acres
ST. RAINBOW LAKES ESTATES, DUNNELLON
0 SE 136TH TER RAINBOW LAKES ESTATE
For Sale
$35,000
Lots/Land
1.00 acres
RAINBOW LAKES ESTATE, DUNNELLON
00 SE 125TH COURT
-$1K
For Sale
$35,000
Lots/Land
0.99 acres
RAINBOW LAKES ESTATE, DUNNELLON
16 SW ANCHOR BOULEVARD
For Sale
$32,000
Lots/Land
0.29 acres
RAINBOW LAKES ESTATE, DUNNELLON
Lots 394 & 395 SW SHOREWOOD DRIVE

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CHARLES RUTENBERG REALTY INC