Move in ready !!!! Discover this stunning new construction 3/2 home in the peaceful Rainbow Lakes Estates community. This beautifully designed home features luxury vinyl plank flooring throughout, an open-concept layout, and a modern kitchen with granite countertops and stainless steel appliances. The bathrooms also showcase granite vanities, adding a touch of elegance. Nestled in a quiet area, this home offers both comfort and style—perfect for those seeking tranquility with modern conveniences. Don’t miss this incredible opportunity!
Sold for $214,900
$214,900
127 SW ALVAREZ ROAD, DUNNELLON, FL 34431
3beds
1,200sqft
Single Family Residence
Built in 2025
0.25 Acres Lot
$211,300 Zestimate®
$179/sqft
$1,768 Estimated rent
Home value
$211,300
$190,000 - $237,000
$1,768/mo
Zestimate® history
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$1,544/mo
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List your homeWhat's special
Granite countertopsGranite vanitiesOpen-concept layoutModern kitchenStainless steel appliances
Zillow last checked:
Listing updated:
Listed by:
Ernest Martinez 352-502-6243,
EVM TOTAL REAL ESTATE SOLUTION 352-450-3810
Bought with:
Non-Member Agent
STELLAR NON-MEMBER OFFICE
Source: Stellar MLS,MLS#: OM696007
Originating MLS: Ocala - Marion
Originating MLS: Ocala - Marion
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Bathroom 1
- Features: Linen Closet
- Level: First
Kitchen
- Features: Storage Closet
- Level: First
Living room
- Features: No Closet
- Level: First
Heating
- Baseboard
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: In Garage
Features
- Kitchen/Family Room Combo, Stone Counters
- Flooring: Luxury Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,612
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Other
- Has view: Yes
- View description: Park/Greenbelt
Lot
- Size: 0.25 Acres
- Dimensions: 76 x 143
Details
- Parcel number: 1816501056
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: Yes
- Year built: 2025
Details
- Builder model: 1776
- Builder name: B and R Enterprise Inc.
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, Other
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: RAINBOW LAKES ESTATES SEC O
HOA
- Has HOA: No
Location
- Region: Dunnellon
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $7,250
- Annual tax amount: $226
- Date on market: 2/26/2025
- Cumulative days on market: 145 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $214,900$179/sqft |
Source:  Stellar MLS #OM696007 Report a problem | ||
| 7/22/2025 | Pending sale | $214,900$179/sqft |
Source: Stellar MLS #OM696007 Report a problem | ||
| 7/16/2025 | Price change | $214,900-2.3%$179/sqft |
Source: Stellar MLS #OM696007 Report a problem | ||
| 5/12/2025 | Price change | $219,900-2.2%$183/sqft |
Source: Stellar MLS #OM696007 Report a problem | ||
| 5/5/2025 | Price change | $224,900-1.3%$187/sqft |
Source: Stellar MLS #OM696007 Report a problem | ||
| 4/22/2025 | Price change | $227,900-0.9%$190/sqft |
Source: Stellar MLS #OM696007 Report a problem | ||
| 4/2/2025 | Price change | $229,900-2.1%$192/sqft |
Source: Stellar MLS #OM696007 Report a problem | ||
| 3/19/2025 | Price change | $234,900-2.1%$196/sqft |
Source: Stellar MLS #OM696007 Report a problem | ||
| 2/26/2025 | Listed for sale | $239,900+4426.4%$200/sqft |
Source: Stellar MLS #OM696007 Report a problem | ||
| 9/29/2008 | Sold | $5,300+39.5%$4/sqft |
Source: Public Record Report a problem | ||
| 8/26/2005 | Sold | $3,800$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $226 +1.6% | $7,250 +17.5% |
| 2023 | $223 +14.8% | $6,171 +10% |
| 2022 | $194 +19.3% | $5,610 +10% |
| 2021 | $163 -0.4% | $5,100 |
| 2020 | $163 -0.8% | $5,100 +5.4% |
| 2019 | $165 | $4,840 -16.6% |
| 2018 | $165 +17.2% | $5,800 +45% |
| 2017 | $140 +0.6% | $4,000 |
| 2016 | $140 | $4,000 +7% |
| 2015 | $140 +9.1% | $3,740 +10% |
| 2014 | $128 +0.5% | $3,400 |
| 2013 | $127 +0.2% | $3,400 |
| 2012 | $127 -21% | $3,400 -35.4% |
| 2011 | $161 -19.6% | $5,267 -30% |
| 2010 | $200 -10.2% | $7,524 -16.7% |
| 2009 | $223 -72% | $9,029 -79.3% |
| 2008 | $795 +2.6% | $43,639 |
| 2007 | $775 +24.6% | $43,639 +45% |
| 2006 | $622 +460.1% | $30,096 +300% |
| 2005 | $111 | $7,524 +257.1% |
| 2004 | $111 +0.1% | $2,107 +75% |
| 2002 | $111 +52.9% | $1,204 |
| 2001 | $73 | $1,204 |
| 2000 | $73 | $1,204 |
Find assessor info on the county website
Neighborhood: Rainbow Lakes Estates
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Nearby schools
GreatSchools rating
- 4/10Romeo Elementary SchoolGrades: PK-5Distance: 5.4 mi
- 5/10Dunnellon Middle SchoolGrades: 6-8Distance: 9.5 mi
- 2/10Dunnellon High SchoolGrades: 9-12Distance: 9.9 mi
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Estimated market value
$211,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$211,300
- Florida
- Marion County
- Dunnellon
- 34431
- Rainbow Lakes Estates
- 127 SW ALVAREZ ROAD
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