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23636 NW WATER OAK AVENUE, Dunnellon, FL, 34431

4beds
2baths
1,790sqft
$309,900
$173price/sqft
$2,148/moest. monthly cost
$85,920/yrincome needed

About This Home

Under Construction. 1 ACRE New Construction Home in Rainbow Lakes Estates – Close to World Equestrian Center & Rainbow River Beautifully crafted 4-bedroom, 2-bathroom BLOCK home, inside has luxury vinyl wood flooring and granite countertops home located in the peaceful community of Rainbow Lakes Estates in Dunnellon, Florida. Just 30 minutes from the World Equestrian Center and 25 minutes from the famous Rainbow River, you’ll enjoy endless opportunities for kayaking, canoeing, tubing, and fishing in crystal-clear waters. Built with quality and attention to detail, this brand-new home offers modern finishes, a functional floor plan, and the comfort of low-maintenance living in a serene setting. Whether you’re an outdoor enthusiast or simply looking for a quiet retreat, this property blends the best of Florida living with everyday convenience. Photos coming soon.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

4/10
Romeo Elementary SchoolGrades PK-54.9 mi
5/10
Dunnellon Middle SchoolGrades 6-810.0 mi
2/10
Dunnellon High SchoolGrades 9-129.9 mi

Construction

Condition

  • Property condition: Under Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Stone,Stucco

Other

  • Builder model: Mavis
  • Builder name: Shamrock Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator
  • Laundry features: Inside,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Features

  • Ceiling Fan(s)
  • Door features: Sliding Doors
  • Flooring: Luxury Vinyl

Great Room

  • Level: First

Heating & Cooling

  • Heating features: Central,Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,413
  • Total interior livable area: 1,790 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First

Property

Details

  • Parcel number: 1814026014
  • Attached to another structure: Yes
  • Zoning: R1
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Lighting
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 1 Acres
  • Lot size dimensions: 136 x 320

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Hurricane
Lightning

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 $1,567$18,804
Home Insurance *$199$2,388
Property Taxes $185$2,220
Electricity $197$2,366
Total$2,148$25,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,645/yr
40% on housing$64,440/yr
45% on housing$57,280/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

$173This listing

vs Other Active Listings

Avg $/sqft

ZIP 34431$138
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)

Price History

DateEventPrice
2026-07-31Price change$309,900
2026-07-27Listed for sale$319,900

New Construction

AgentJanelle Cobb
BrokerageINTEGRITY REALTY SERVICES LLC

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