




20906 RIVER DRIVE, Dunnellon, FL, 34431
About This Home
Experience Withlacoochee River waterfront living at its best only 5 min boat ride to the mouth of the Rainbow River with this unique 4 bedroom, 3.5 bathroom home offering 2,887 sq ft under air, deep water access, and an incredible location less than one mile from the public boat ramp in the heart of downtown Dunnellon. Perfectly positioned within the no-wake zone, this property lets you slow down and enjoy the peaceful side of river life, whether you are launching kayaks from your private dock, relaxing on the rooftop deck above the covered boathouse, or taking a short kayak or boat ride up the river to two separate waterfront restaurants. The Rainbow River is known for its crystal-clear water, abundant wildlife, and beautiful natural scenery, creating the perfect setting for everyday relaxation, weekend getaways, or short-term rental guests. Inside, the home is full of character with wood and tile flooring throughout most of the home, carpet only in the living room, an updated kitchen with granite countertops and hardwood cabinetry, a dining area with wood plank ceilings, a small bar area off the living room, and a bright upstairs living space with scenic river views. Just outside the living room, the second-floor balcony with paneled ceilings offers another peaceful place to unwind and take in the waterfront views. Three bedrooms are located on the main floor, while the spacious primary suite and bonus room are downstairs, with the primary bedroom and bathroom offering direct access outside toward the dock area. Additional features include a metal roof, newer AC units, private dock, covered boathouse, rooftop deck, and a location close to shopping, dining, and area amenities. Currently used as a vacation home and short-term rental, this property offers the rare combination of waterfront lifestyle, character, convenience, and income potential, with rental income available to be verified for serious buyers.
Getting Around
Schools
Construction
Condition
- Year built: 1948
Materials
- Foundation: Concrete Perimeter
- Roof: Metal
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: Inside
Balcony Porch Lanai
- Level: Upper
Balcony Porch Lanai
- Level: First
Bathroom1
- Level: Upper
Bathroom2
- Level: Upper
Bathroom3
- Level: First
Bathroom4
- Level: First
Bedroom2
- Features: Built-in Closet
- Level: Upper
Bedroom3
- Features: Built-in Closet
- Level: Upper
Bedroom4
- Features: Built-in Closet
- Level: First
Bedroom5
- Features: Built-in Closet
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Level: Upper
Features
- Ceiling Fan(s)
- Flooring: Carpet,Ceramic Tile,Hardwood
Great Room
- Level: Upper
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air
Interior Area
- Total structure area: 3,454
- Total interior livable area: 2,887 sqft
Kitchen
- Level: Upper
Laundry
- Level: Upper
Primary Bedroom
- Features: Built-in Closet
- Level: Upper
Property
Details
- Parcel number: 3380044700
- Zoning: R3A
- Special condition: None
Features
- Levels: Multi/Split
- Exterior features: Other
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- On waterfront: Yes
- Waterfront features: River Front,River Access
Lot
- Lot size: 0.32 Acres
- Lot size dimensions: 100 x 140
Parking
- Total spaces: 1
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Cold Wave
- Inland Flooding
- Tornado
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Marion County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,810 | $45,720 |
| Home Insurance * | $485 | $5,820 |
| Property Taxes | $1,051 | $12,612 |
| Electricity | $290 | $3,486 |
| Total | $5,636 | $67,632 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $715,900 |
| 2026-06-24 | Listed for sale | $753,500 |
| 2025-10-16 | Listing removed | $754,000 |
| 2025-08-21 | Price change | $754,000 |
| 2025-07-16 | Listed for sale | $764,900 |
| 2025-06-25 | Pending sale | $764,900 |
| 2025-04-18 | Listed for sale | $764,900 |
| 2025-03-20 | Listing removed | $769,000 |
| 2025-02-03 | Price change | $769,000 |
| 2025-01-21 | Listed for sale | $799,000 |
| 2024-12-29 | Pending sale | $799,000 |
| 2024-11-18 | Listed for sale | $799,000 |
| 2024-11-15 | Pending sale | $799,000 |
| 2024-11-09 | Listed for sale | $799,000 |
| 2022-02-23 | Sold | $655,000 |
| 2022-01-11 | Pending sale | $689,000 |
| 2021-11-10 | Price change | $689,000 |
| 2021-09-14 | Price change | $789,000 |
| 2021-08-29 | Listed for sale | $895,000 |
