




11685 E Blue Cove Dr, Dunnellon, FL, 34432
About This Home
Experience unparalleled Luxury on the Rainbow River and discover Florida living at its finest! This stunning two-story, 6,040 sq. ft. riverfront estate offers unobstructed views of the crystal-clear Rainbow River—no homes across the water, just pure natural beauty. Designed to embrace its surroundings, the home features two expansive screened porches spanning each level, plus a private porch off the owner’s suite, perfect for morning coffee or sunset cocktails. Step inside through a grand foyer and ascend the elegant staircase or take the custom elevator to the upper level, where a spectacular great room awaits. Soaring vaulted ceilings, a stately fireplace, and a custom wet bar set the stage for entertaining. The open gourmet kitchen flows seamlessly into the dining area, while walls of glass and French doors invite you to the porch for panoramic river views. The owner’s suite is a serene retreat with a cozy sitting area, fireplace, and private porch. The spa-inspired bath boasts a walk-in shower, soaking tub, private water closet with bidet, dual vanities, and two walk-in closets. Two additional guest suites with private baths ensure comfort for family and friends. The ground floor boasts a spacious foyer leading to an impressive game room with a built-in bar and cabinets. There is also a large flex room, with a closet and utility sink - perfect for an artist’s studio, fitness room, home office, or additional guest suite. A nearby bedroom and full bath make this level ideal for multigenerational living. Two oversized garages easily accommodate four vehicles, and a large laundry room is conveniently located upstairs. Outdoor living is unmatched featuring a private deck leads to your dock for boating, kayaking, paddleboarding, fishing, and swimming. A tranquil waterfall feature completes this rare riverfront paradise. This exceptional property combines luxury, serenity, and the essence of Florida living! *All measurements to be verified by buyer and buyer's representative**
Getting Around
Schools
Construction
Condition
- Year built: 1991
Materials
- Foundation: Block
- Roof: Metal
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Multi-Level
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Cooktop,Microwave,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Carpet,Tile,Wood
Interior Area
- Total structure area: 8,884
- Total interior livable area: 6,040 sqft
Property
Details
- Parcel number: 0808911000
- Zoning: R1
- Special condition: Standard
- Other equipment: Intercom
Features
- Pool features: None
- Exterior features: Concrete Driveway
- On waterfront: Yes
- Waterfront features: River Front,Waterfront
- Frontage type: River,Waterfront
Lot
- Lot size: 0.36 Acres
- Features: Trees
Parking
- Total spaces: 4
- Parking features: Attached,Concrete,Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Has uncovered spaces: Yes
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 | $12,641 | $151,692 |
| Home Insurance * | $1,616 | $19,392 |
| Property Taxes | $3,382 | $40,584 |
| Electricity | $607 | $7,294 |
| Total | $18,246 | $218,952 |
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 |
|---|---|---|
| 2026-04-23 | Price change | $2,500,000 |
| 2026-01-17 | Price change | $2,995,000 |
| 2025-11-24 | Listed for sale | $3,600,000 |
| 2006-12-14 | Sold | $1,125,000 |
| 2005-09-26 | Sold | $1,650,000 |
