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4500 SW FRESHWATER COURT

House For Sale
$268,500

BTC: 4.34466019

ETH: 153.78006873

82 days
2 bds
2 ba
1,388 sqft

Overview

Welcome to this immaculately maintained 1968 Florida Classic Gem. This 2 bed, 2 bath, 2 car garage home is beautifully situated on a peaceful and nature-filled .62-acre parcel in the community of Rainbow Lakes Estates. Nestled among mature trees and beautifully landscaped grounds, this property offers a serene setting that truly feels like a natural paradise, while remaining just minutes from everyday conveniences. The home is in move-in condition and has been thoughtfully updated over the years. Major improvements include energy-efficient windows replaced in 2019, a new HVAC system installed in 2021, and a metal roof added in 2022. Interior updates in 2022 also introduced luxury vinyl plank flooring and fresh paint, giving the home a clean and modern feel. In 2025, additional upgrades were completed including new kitchen appliances, a new hot water heater, and a whole-house water treatment and filtration system, offering both comfort and peace of mind for years to come. The home’s inviting layout is perfect for everyday living or relaxing after a day spent enjoying the surrounding natural beauty. Step outside to enjoy the tranquil atmosphere, where the lush landscaping and quiet surroundings create a true retreat. The 20' shipping container, carport cover, and 8x8 shed convey with the sale of the home. One of the highlights of this location is its proximity to Lake Tiger and Lake Bonable, two scenic lakes that are known for their peaceful waters and natural surroundings. Residents enjoy easy access to these lakes for fishing, boating, kayaking, and relaxing waterfront views, making the area ideal for nature lovers and outdoor enthusiasts. The Rainbow Lakes Estates community offers a variety of amenities including a community center, fitness area, playgrounds, tennis and basketball courts, and lake access with fishing pier and boat ramp, creating opportunities for recreation and social activities close to home. Despite the tranquil setting, you are just minutes from downtown Dunnellon, where you’ll find charming antique shops, local restaurants, grocery stores, and everyday shopping. The home is also conveniently located near Ocala, the World Equestrian Center, Crystal River, Gainesville, and the Gulf Coast, as well as the crystal-clear waters and outdoor recreation of Rainbow Springs State Park. If you're searching for a beautifully updated home surrounded by nature, yet close to modern conveniences, this property offers the perfect balance of comfort, tranquility, and Florida lifestyle living.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1968
Lot:
0.62 Acres
Heating:
Central
Price/sqft:
$193
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$249,750
$169K – $277K
Confidence Low
List vs. estimate
$18K above estimate
List $268,500 · +7.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$193
+4.5% vs. city median $185
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,589
2025
Garage
2 car garage
All facts and features
  • Flooring

    • Luxury Vinyl

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Irrigation System / Other / Storage

    Lot

    • Lot: 0.62 Acres

    Other Property Information

    • Parcel Number: 1805000010

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $3,589

  • Source details

    • MLS ID: OM720857

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Direction Faces: East

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1388

    • Water Source: Well

    • Lot Size Dimensions: 135 x 200

    • 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