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SW Shorewood Dr, Dunnellon, FL, 34431

0beds
0baths
--sqft
$95,000
--price/sqft
$795/moest. monthly cost
$31,800/yrincome needed

About This Home

Discover the great setting for your dream home on this expansive corner lot spanning over one acre, featuring serene lake views and full access to the exceptional amenities of the Rainbow Lakes Estates Community. This hidden gem offers access to multiple nearby lakes, a vibrant community center with ongoing activities and events, a fitness center, and beautifully maintained parks and recreation areas. Located in a non-flood zone and zoned for single-family residential, this premium homesite provides both peace of mind and flexibility in design. Enjoy the tranquility of community living while being just minutes from the crystal-clear waters of Rainbow Springs State Park and the Rainbow River, convenient local shopping and dining in Dunnellon, and an easy drive to Ocala for additional amenities. An outstanding opportunity to build a private retreat in one of the area's most desirable and amenity-rich communities.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
Romeo Elementary SchoolGrades PK-55.2 mi
4/10
Dunnellon Middle SchoolGrades 6-88.2 mi
2/10
Dunnellon High SchoolGrades 9-128.9 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Basement

  • Basement:

Property

Lot

  • Lot size: 1.34 Acres

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

  • Lightning
    LightningVery High
  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Hurricane
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado
Wildfire

FEMA Declared Disasters in Marion County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $480$5,760
Home Insurance *$61$732
Property Taxes $57$684
Electricity $197$2,366
Total$795$9,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$27,257/yr
40% on housing$23,850/yr
45% on housing$21,200/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.6%
5.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 34431$141
Marion County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 34431$180
Marion County$168

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)

No zestimate history available

Price History

DateEventPrice
2026-01-18Listed for sale$92,500

For Sale by Agent

AgentRatha An
BrokerageEXIT RIVERSIDE REALTY

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