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3438 SW SHOREWOOD DRIVE

House Recently Sold
$450,000

BTC: 7.03125000

ETH: 257.73195876

Sold on: 2024-04-12
5 days
Waterfront
3 bds
2 ba
1,914 sqft

Overview

Priced at the appraised value! Situated on one acre, this remarkable lakefront residence offers a haven of tranquility, surrounded by flourishing Pear, Lemon, and Tangerine trees that enhance the property's allure. Security and comfort are paramount, with a state-of-the-art security system, hurricane shutters, metal roof (2017), Pella dual pane windows, and sliding glass doors (2013). The oversized metal building has RV parking and two (40x12ft) generously sized utility storage units, providing ample space for all your outdoor essentials. Equipped with LED lighting, electrical outlets, a 50-amp RV hookup, and water faucets, this space is designed with convenience in mind. A 30x11ft wood frame shed with LED lighting and electricity offers additional storage options for your tools and equipment. Entertaining is a breeze with extra RV hookups by the newly constructed deck with lighting that sets the stage for outdoor gatherings and al fresco dining, offering the perfect spot to admire the scenic views. Step inside to discover a world of elegance and sophistication. From the replastering of the entire house to the refinishing of the oak cabinets in the kitchen, every detail has been meticulously attended to. The home's electrical system was updated to code in 2017, while an energy-efficient HVAC system, installed in 2014, boasts three separate thermostats and split ductwork for customized climate control. High-end appliances, including a built-in stove and granite countertops, elevate the culinary experience. The bonus room, crafted with cypress wood, a stone wall wood-burning fireplace, porcelain tile, and electric blinds, offers a cozy retreat with breathtaking views of the lake. Complete with a Bose surround sound system and television, this space is perfect for unwinding after a long day. And to top it off, this neighborhood has NO HOA; this is not just a home but an investment opportunity; this property opens the doors to both long-term and short-term rental possibilities. As part of the Rainbow Lakes Estates community, you gain access to a host of amenities, including a dock, boat ramp, clubhouse, community center, fitness center, park, pavilion, pickleball/tennis courts, and basketball courts. Explore the great outdoors with ease, as public parks, state parks, community lakes, and hiking trails are within reach. This property places you just 21 miles from the World Equestrian Center, making it a prime choice for equestrian enthusiasts. Nature lovers will appreciate the proximity to Rainbow Springs State Park, a mere 9 miles away. The convenience of Crystal River, Ocala, Dunnellon, and Gainesville ensures that you're well-connected to the West Coast and vibrant city life. Don't miss the opportunity to make this extraordinary property your own. With its blend of luxury, comfort, and natural beauty, this lakefront retreat offers a lifestyle like no other. Schedule your showing today and discover the endless possibilities that await you.

Location

Details

Type:
Residential
Parking:
Oversized / RV Parking
Year Built:
1969
Lot:
1.00 Acres
Heating:
Central
Price/sqft:
$246
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$258,000
$193K – $375K
Confidence Low
List vs. estimate
$212K above estimate
List $470,000 · +82.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$245
+32.6% vs. city median $185
Based on
10 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,429
2023
View
Water
Waterfront
Lake Front
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Porcelain Tile

    Heating

    • Central

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Appliances

    • Built-In Oven

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Freezer

    • Microwave

    • Refrigerator

    • Washer

    • Water Filtration System

    • Water Softener

    Other interior features

    • Ceiling Fan(s)

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Oversized

    • RV Parking

    Property

    • Levels: One

    • Exterior Features: Hurricane Shutters / Lighting / Private Mailbox / Sliding Doors / Storage

    Lot

    • Lot: 1.00 Acres

    Other Property Information

    • Parcel Number: 1813002047

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $1,429

  • Source details

    • MLS ID: OM674043

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Block / Slab

    • Fireplace Features: Wood Burning

    • Laundry Features: Inside

    • Patio And Porch Features: Deck

    • Window Features: Double Pane Windows / Shutters

    • Direction Faces: North

    • Other Structures: Shed(s) / Storage / Workshop

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1914

    • Water Source: Well

    • Subdivision Name: RAINBOW LAKES ESTATE

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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: KELLER WILLIAMS CORNERSTONE RE