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LOT 1 NW MANDRAKE DRIVE

Lots/Land Active With Contract
$25,995

BTC: 0.40617188

ETH: 14.88831615

14 days
0 room(s)

Overview

VERY NICE CORNER LOT TO BUILD YOUR DREAM HOME, VACATION HOME OR INVESTMENT PROPERTY ON THIS WOODED AND TREED LOT WITH OVER AN ACRE OF LAND (1.01 Acres). NO HOA FEES OR TIME LIMIT TO BUILD (No Mobile Homes). LOCATED ON A PAVED ROAD NEAR ELECTRIC IN THE SOUGHT-AFTER COMMUNITY OF RAINBOW LAKES ESTATES. JUST IMAGINE SPENDING RELAXING TIME WITH FAMILY AND FRIENDS ENTERTAINING IN YOUR BEAUTIFUL NEW HOME ENJOYING SERENE NATURE FILLED DAYS IN THE WONDERFUL FLORIDA SUNSHINE. THE COMMUNITY FEATURES 2 PLAYGROUNDS, BONABLE LAKE WITH A FISHING PIER, TIGER LAKE WITH A BOAT RAMP, EXERCISE ROOM, COMMUNITY CENTER, BASKETBALL AND TENNIS COURTS. CONVENIENT TO DOWNTOWN DUNNELLON, GREAT FOR QUAINT ANTIQUE SHOPS, RESTAURANTS, SHOPPING, OCALA, THE WORLD EQUESTRIAN CENTER, GREAT FOR THE EQUINE ENTHUSIAST, CRYSTAL RIVER, GAINESVILLE, GULF COAST AND THE CRYSTAL-CLEAR WATERS OF RAINBOW SPRINGS STATE PARK WHERE YOU CAN ENJOY SWIMMING, KAYAKING, CANOEING, SNORKELING, TUBING AND PICNICING. COME CLAIM YOUR PIECE OF PARADISE!!

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$55,000
$50K – $60K
Confidence Medium
List vs. estimate
$29K below estimate
List $25,995 · -52.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
11 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$299
2025
All facts and features
  • Lot

    • Lot: 1.01 Acres

    Other Property Information

    • Parcel Number: 1814028001

    • Zoning: R1

  • Type and style

    • Property Type: Land

  • Utility

    • Electrical Nearby

  • Other financial information

    • Annual tax amount: $299

  • Source details

    • MLS ID: OM724797

    Other facts

    • Lot Features: Corner Lot / Wooded

    • Water Source: Well Required

    • Lot Size Dimensions: 137 x 320

    • Subdivision Name: RAINBOW LAKES ESTATES

Private inquiry
Talk to the advisor on this listing.
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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: ASHLAR REALTY