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For sale
  • $2,500,000

    11685 E BLUE COVE DRIVE, DUNNELLON, FL 34432

    5beds
    6,040sqft
    : 
    $15,637/mo
    Get pre-qualified
    Single Family Residence
    Built in 1991
    0.36 Acres Lot
    $-- Zestimate®
    $414/sqft
    $-- HOA

    What's special

    Stately fireplaceCustom elevatorElegant staircaseTranquil waterfall featureBeautifully landscaped groundsImpressive great roomGourmet kitchen
    A rare opportunity to own one of Rainbow River’s premier waterfront estates. Experience unparalleled luxury where timeless elegance meets one of Florida’s most breathtaking natural settings. This exceptional 6,040± square-foot residence boasts approximately 90 feet of private Rainbow River frontage, offering unobstructed views of the crystal-clear, spring-fed waters. With no homes across the river—only the untouched beauty of Florida’s natural landscape—this extraordinary property delivers a level of privacy and serenity that is truly unmatched. Thoughtfully designed to capture the spectacular views, the home features two expansive screened porches spanning both levels, along with a private balcony off the owner’s suite, creating the perfect setting to enjoy peaceful mornings, colorful sunsets, and the beauty of the river throughout the day. A grand foyer welcomes you inside, where an elegant staircase and custom elevator provide access to the main living level. The impressive great room showcases soaring vaulted ceilings, a stately fireplace, custom wet bar, and walls of glass that frame the river beyond. French doors open seamlessly to the screened porch, blending indoor and outdoor living. The gourmet kitchen flows effortlessly into the dining area, creating an ideal space for both intimate gatherings and grand entertaining. The owner’s suite is a private sanctuary featuring its own fireplace, sitting area, and secluded porch overlooking the river. The spa-inspired bath offers a soaking tub, walk-in shower, private water closet with bidet, dual vanities, and two generous walk-in closets. Two additional guest suites, each with private en-suite baths, provide exceptional comfort and privacy. The lower level is equally impressive, featuring an expansive game room with a built-in bar and custom cabinetry, along with a spacious flex room complete with a closet and utility sink—ideal as an art studio, fitness room, home office, media room, or additional guest suite. An additional bedroom and full bath make this level perfectly suited for extended family, guests, or multigenerational living. Two oversized garages provide space for up to four vehicles, while the conveniently located upstairs laundry room enhances everyday functionality. Outside, approximately 90 feet of private Rainbow River frontage sets the stage for an extraordinary waterfront lifestyle. A spacious deck leads to the private dock, offering immediate access to boating, kayaking, paddleboarding, fishing, swimming, or simply floating along one of Florida’s most celebrated spring-fed rivers. A tranquil waterfall feature and beautifully landscaped grounds complete this remarkable outdoor retreat. Combining architectural elegance, exceptional craftsmanship, and one of the most coveted locations on the Rainbow River, this extraordinary estate offers an unparalleled opportunity to experience the very best of Florida waterfront living.
    39 days
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    631
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    30
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joan Pletcher 352-804-8989,

    JOAN PLETCHER 352-804-8989

    Source: Stellar MLS,MLS#: OM728590MLS LogoOriginating MLS: Ocala - Marion

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Bonus Room, Utility Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 360 Square Feet
      • Dimensions: 20x18
      Kitchen
      • Level: First
      • Area: 270 Square Feet
      • Dimensions: 15x18
      Living room
      • Level: First
      • Area: 690 Square Feet
      • Dimensions: 23x30
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Microwave
      • Laundry: Inside, Laundry Room
      Features
      • Built-in Features, Elevator, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
      • Flooring: Carpet, Tile, Hardwood
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 8,884
      • Total interior livable area: 6,040 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage - Attached
      • Attached garage spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Front Porch, Rear Porch, Screened
      • Exterior features: Balcony, Lighting, Private Mailbox
      • Fencing: Other
      • Has view: Yes
      • View description: Water, River
      • Has water view: Yes
      • Water view: Water,River
      • Waterfront features: River Front, River Access
      • Body of water: RAINBOW RIVER
      Lot
      • Size: 0.36 Acres
      • Dimensions: 100 x 156
      • Features: In County
      • Residential vegetation: Trees/Landscaped, Wooded
      Details
      • Parcel number: 3453002004
      • Zoning: R1A
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom
      • Property subtype: Single Family Residence
      Materials
      • Cedar, Stone, Wood Frame
      • Foundation: Block, Stem Wall
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: BLUE COVE
      HOA
      • Has HOA: No
      Location
      • Region: Dunnellon

      Financial & listing details

      • Price per square foot: $414/sqft
      • Tax assessed value: $1,885,720
      • Annual tax amount: $31,055
      • Date on market: 7/16/2026
      • Cumulative days on market: 213 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/16/2026Listed for sale$2,500,000$414/sqft
        Source: Stellar MLS #OM728590 Report a problem
        7/1/2026Listing removed$2,500,000$414/sqft
        Source: Realtors Association of Citrus County #850192 Report a problem
        4/23/2026Price change$2,500,000-16.5%$414/sqft
        Source: Realtors Association of Citrus County #850192 Report a problem
        1/17/2026Price change$2,995,000-16.8%$496/sqft
        Source: Realtors Association of Citrus County #850192 Report a problem
        11/24/2025Listed for sale$3,600,000+220%$596/sqft
        Source: Realtors Association of Citrus County #850192 Report a problem
        12/14/2006Sold$1,125,000-31.8%$186/sqft
        Source: Public Record Report a problem
        9/26/2005Sold$1,650,000$273/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$31,055 +166.2%$1,885,720 +167.5%
        2024$11,667 +0.5%$704,832 +3%
        2023$11,611 -0.6%$684,303 +3%
        2022$11,686 -0.9%$664,372 +3%
        2021$11,789 +0.8%$645,021 +1.4%
        2020$11,696 +1.5%$636,115 +2.3%
        2019$11,526 $621,813 +1.9%
        2018$11,526 +11.3%$610,219 +3%
        2017$10,357 -3.1%$592,272 +2.1%
        2016$10,684 $580,090 +0.7%
        2015$10,684 +5.5%$576,058 +0.8%
        2014$10,124 +3.2%$571,486 +1.5%
        2013$9,809 +1.8%$563,040 +1.7%
        2012$9,637 +1.6%$553,628 +3.3%
        2011$9,488 -3.6%$535,866 -4.5%
        2010$9,842 +3.9%$560,956 +1.3%
        2009$9,475 -39.1%$553,645 -41.3%
        2008$15,568 +0.9%$942,545 +3%
        2007$15,435 +40.2%$915,094 +64.9%
        2006$11,006 +100.9%$554,855 +88.7%
        2005$5,479 $293,968 +3%
        2004$5,479 -2.7%$285,406 +4.3%
        2002$5,632 +4.2%$273,521 +5.4%
        2001$5,406 $259,489
        2000$5,406 $259,489
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34432

        Getting around

        15 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Dunnellon Elementary School
        • Middle: Dunnellon Middle School
        • High: Dunnellon High School

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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