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LOTS 476 & 477 SW SHOREWOOD DRIVE

Lots/Land For Sale
$50,000

BTC: 0.80697224

ETH: 28.63688431

252 days
0 room(s)

Overview

Lakefront property on Bonable Lake in Rainbow Lakes Estates. Two adjoining wooded lots (Lots 476 and 477) totaling approximately 0.31 acres with about 70 feet of lake frontage. Located on paved SW Sherwood Drive with nearby electric service. Well and septic required. Zoned R-1 for single-family homes. Rainbow Lakes Estates offers parks, playgrounds, tennis courts, fishing, and a community boat ramp. A voluntary Property Owners Association is available, with optional membership. Buyer should confirm the current fee directly with the association. Property is subject to existing liens, including an IRS lien and county assessments. These are expected to be resolved or satisfied at closing. Buyers should complete normal due diligence to confirm association matters, county road assessments, and recorded encumbrances.

Location

Florida • DUNNELLON • 34431 • Lots/Land • For Sale

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.31 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$60

Valuation

Our model vs. what's actually selling nearby.
Estimate
$67,750
$57K – $79K
Confidence Low
List vs. estimate
$17K below estimate
List $50,000 · -26.2%
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
$314
2024
HOA
$60/yr
None
View
Trees/Woods
Pets
Allowed
All facts and features

  • Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 1813002476

    • Zoning: R1

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

    • Sewer Nearby

    • Telephone Nearby

    • Water Nearby

  • Other financial information

    • HOA: $60

    • HOA Frequency: Annually

    • Annual tax amount: $315

  • Source details

    • MLS ID: TB8431589

    Other facts

    • Water Source: Well Required

    • Lot Size Dimensions: 70 x 195

    • 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.

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Market around this address

Live counts in the same area.
View all
This zip
34431
402
median $35K
Active
Same city
DUNNELLON
1,032
median $69K
Active
Same type
Lots/Land
584
median $29K
Active
Similar price
$35K – $65K
132
median $39K
Active

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: LOKATION