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For sale
  • Price cut: $30K (6/23)
    $800,000

    20540 SW 5th Pl, Dunnellon, FL 34431

    3beds
    1,334sqft
    : 
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    Farm
    Built in 1997
    19.17 Acres Lot
    $-- Zestimate®
    $600/sqft
    $-- HOA

    What's special

    Lush bahia grass fields
    Overlooking 19+ acres to the North end of Dunnellon, this versatile farm offers a great combination of privacy and potential– all with no HOA restrictions! Conveniently located just around the corner from US 41 and a short drive from both the World Equestrian Center, HITS, and Ocala’s variety of shopping and dining options, this farm is perfectly positioned to get the most out of Central Florida’s exciting equestrian lifestyle. Designed for both efficiency and flexibility, the property features a 12-stall center-aisle barn complete with feed and tack rooms, 5 pastures/paddocks, and lush bahia grass fields that were previously used for hay production. Whether your focus is training, boarding, or passive seasonal rental income, the farm is well suited for a variety of uses, skill-levels, and disciplines with ample opportunity to further customize if desired. Two residences are currently established on property: The main home is a 3-bedroom, 2-bath block home with over 1,300 sqft of space. Updates to this home include a new roof in 2024 and new HVAC in 2022. The secondary home is a 3-bedroom, 2-bathroom mobile home built in 2015, offering plenty of flexibility for guests, in-laws, or potential rental income. This would be a great option for those looking to take advantage of the local equestrian and outdoor tourism with an AirBnb or VRBO with Rainbow Springs State Park, the Rainbow River, and the Goethe State Forest just minutes away. With no HOA, established infrastructure, and multiple opportunities for income through boarding, seasonal rentals, or Airbnb/VRBO potential, this is a rare opportunity to own a centrally located farm in one of Marion County’s most desirable equestrian corridors!
    50 days
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    604
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    61
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    Zillow last checked:

    Listing updated:

    Listed by:

    Liz Gray 502-314-8055,

    SHOWCASE PROPERTIES OF CENTRAL 352-351-4718,

    Samantha Dailey 352-615-3060,

    SHOWCASE PROPERTIES OF CENTRAL

    Source: Stellar MLS,MLS#: OM725007MLS LogoOriginating MLS: Ocala - Marion

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Range, Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • Walk-In Closet(s)
      • Flooring: Tile, Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 2,985
      • Total interior livable area: 1,334 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Other, Storage
      Lot
      • Size: 19.17 Acres
      Details
      • Additional structures: Residence, Barn(s), Shed(s)
      • Parcel number: 1730600400
      • Zoning: A1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm
      Materials
      • Cement Siding
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: FARM NON-SUB
      HOA
      • Has HOA: No
      Location
      • Region: Dunnellon

      Financial & listing details

      • Price per square foot: $600/sqft
      • Annual tax amount: $3,332
      • Date on market: 5/21/2026
      • Cumulative days on market: 50 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/23/2026Price change$800,000-3.6%$600/sqft
        Source: Stellar MLS #OM725007 Report a problem
        6/8/2026Price change$830,000-2.4%$622/sqft
        Source: Stellar MLS #OM725007 Report a problem
        5/21/2026Listed for sale$850,000-5.5%$637/sqft
        Source: Stellar MLS #OM725007 Report a problem
        3/28/2022Listing removed--
        Source: Stellar MLS #OM633589 Report a problem
        2/13/2022Price change$899,9000%$675/sqft
        Source: Stellar MLS #OM633589 Report a problem
        2/3/2022Listed for sale$900,000$675/sqft
        Source: Stellar MLS #OM633589 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34431

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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