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Sold for $280,000
  • $280,000

    1136 SW SHOREWOOD DRIVE, DUNNELLON, FL 34431

    2beds
    1,685sqft
    Single Family Residence
    Built in 1968
    0.59 Acres Lot
    $279,800 Zestimate®
    $166/sqft
    $1,695 Estimated rent

    Home value

    $279,800

    $260,000 - $302,000

    $1,695/mo

    Zestimate® history
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    What's special

    !!!Beautifully Updated Lakefront Home in Rainbow Lakes Estates!!! Welcome to this move-in-ready 2-bedroom, 2-bath home situated on a spacious .59-acre lot overlooking Tiger Lake in desirable Rainbow Lakes Estates. Completely renovated from top to bottom, this charming waterfront property combines modern upgrades, comfortable living spaces, and peaceful natural surroundings. Inside, you’ll find a bright open floor plan featuring a beautifully updated kitchen with granite countertops, stainless steel appliances, and a large center island perfect for entertaining. Waterproof luxury vinyl plank flooring flows throughout the home, while updated bathrooms, modern fixtures, and fresh interior and exterior paint create a clean, contemporary feel. The spacious Florida room, complete with its own mini-split system, offers additional year-round living space and relaxing views of the lake. Major improvements include energy-efficient vinyl windows, blown-in insulation, upgraded lighting, a 200-amp electrical panel, Roof replaced in 2021, and HVAC updated in 2017. Step outside to enjoy the brick paver patio, newly built dock, utility shed, attached 1-car garage, and covered carport — all designed to make the most of Florida outdoor living. Residents of Rainbow Lakes Estates enjoy access to a variety of community amenities including a clubhouse, fitness center, community center, youth center, playgrounds, tennis courts, basketball courts, and nearby parks and recreation areas. Conveniently located near Dunnellon, you’ll be just a short drive from shopping, dining, and outdoor adventures on the Rainbow River and Withlacoochee River. With its updated interior, peaceful setting, and proximity to popular outdoor recreation destinations, this property also offers excellent potential as a short-term rental, vacation getaway, or seasonal investment property. Tiger Lake is currently experiencing historically low water levels due to the significant drought cycle affecting much of North Central Florida. Similar conditions have only occurred one other time in nearly 30 years. For buyers looking toward the future, this presents a rare opportunity to purchase waterfront property while pricing reflects current conditions, offering potential long-term value as regional water levels recover with future rainfall cycles.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cheri Jenkins 352-222-8420,

    COOKIE KING REAL ESTATE, INC 352-528-5010

    Bought with:

    Lucas Isaza, 3414084

    ALL FLORIDA HOMES REALTY LLC

    Source: Stellar MLS,MLS#: OM725130MLS LogoOriginating MLS: Ocala - Marion

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air, Ductless
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat
    • Flooring: Luxury Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 1,973
    • Total interior livable area: 1,685 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Boat, Covered
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Storage
    • Has view: Yes
    • View description: Water, Lake
    • Has water view: Yes
    • Water view: Water,Lake
    • Waterfront features: Lake, Waterfront, Lake Front, Lake Privileges
    • Body of water: TIGER LAKE/BONABLE LAKE
    Lot
    • Size: 0.59 Acres
    • Residential vegetation: Oak Trees
    Details
    • Additional structures: Shed(s)
    • Parcel number: 1813002281
    • Zoning: R1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: BB/HS Internet Available, Electricity Connected, Phone Available

    Community & HOA

    Community
    • Features: Dock, Fishing, Lake, Public Boat Ramp, Waterfront, Association Recreation - Owned, Clubhouse, Fitness Center, Playground
    • Pet fee: $0 monthly
    • Subdivision: RAINBOW LAKES ESTATE
    HOA
    • Has HOA: No
    Location
    • Region: Dunnellon

    Financial & listing details

    • Price per square foot: $166/sqft
    • Tax assessed value: $153,583
    • Annual tax amount: $3,045
    • Date on market: 5/23/2026
    • Cumulative days on market: 214 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/10/2026Sold$280,000-6.6%$166/sqft
    Source: Stellar MLS #OM725130 Report a problem
    7/8/2026Contingent$299,900$178/sqft
    Source: Stellar MLS #OM725130 Report a problem
    6/26/2026Pending sale$299,900$178/sqft
    Source: Stellar MLS #OM725130 Report a problem
    5/23/2026Listed for sale$299,900-7.4%$178/sqft
    Source: Stellar MLS #OM725130 Report a problem
    5/14/2026Listing removed$324,000$192/sqft
    Source: Stellar MLS #OM713302 Report a problem
    11/13/2025Listed for sale$324,000+15.7%$192/sqft
    Source: Stellar MLS #OM713302 Report a problem
    8/26/2022Sold$280,000-3.4%$166/sqft
    Source: Realtors Association of Citrus County #814581 Report a problem
    8/12/2022Pending sale$289,900$172/sqft
    Source: Stellar MLS #OM641936 Report a problem
    7/26/2022Price change$289,900-3.3%$172/sqft
    Source: Realtors Association of Citrus County #814581 Report a problem
    7/1/2022Listed for sale$299,900+107%$178/sqft
    Source: Stellar MLS #OM641936 Report a problem
    2/9/2022Sold$144,900$86/sqft
    Source: Public Record Report a problem
    1/10/2022Pending sale$144,900+187.5%$86/sqft
    Source: Stellar MLS #OM632458 Report a problem
    5/31/2002Sold$50,400$30/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,879 +20.8%$133,582 +10%
    2023$2,383 +7.7%$121,438 +10.3%
    2022$2,212 +312.7%$110,137 +145.9%
    2021$536 +1.8%$44,793 +1.4%
    2020$527 +3.1%$44,175 +2.3%
    2019$511 $43,182 +1.9%
    2018$511 +8.9%$42,377 +2.1%
    2017$469 +3%$41,505 +2.1%
    2016$455 $40,651 +0.7%
    2015$455 +4.3%$40,368 +0.8%
    2014$436 +3.3%$40,048 +1.5%
    2013$423 -24.8%$39,456 -16.3%
    2012$562 -6.4%$47,138 -4.4%
    2011$601 -11.4%$49,327 -17%
    2010$678 -41.3%$59,435 -38.2%
    2009$1,154 -32%$96,223 -26.4%
    2008$1,697 -22%$130,764 -12.6%
    2007$2,175 +1.4%$149,657 +38.8%
    2006$2,145 +58%$107,807 +70.6%
    2005$1,358 $63,204 +14.3%
    2004$1,358 -5.9%$55,283 +1%
    2002$1,442 +89.2%$54,717 +1.4%
    2001$763 $53,938
    2000$763 $53,938
    Find assessor info on the county website

    Neighborhood: Rainbow Lakes Estates

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $279,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $279,800