Rare opportunity to own a unique property on nearly 2 acres in Rainbow Lakes Estates! This spacious home offers approximately 1,831 square feet with a versatile layout featuring a 2-bedroom, 2-bath main living area plus a separate 3-bedroom, 1-bath wing/In-law suite—ideal for extended family, multi-generational living, guests, a home office setup, or other flexible living arrangements. The property also includes a new central HVAC system, new roof and the home sits on a buildable double lot, offering outstanding future potential for expansion, investment, or additional development (buyer to verify). While the interior is ready for your personal updates, the combination of acreage, flexible floor plan, and future possibilities makes this property unlike anything else in the area. With nearly 2 acres of land, room for all your toys, and convenient access to Rainbow Springs, the Rainbow River, shopping, and outdoor recreation, this is an exceptional opportunity to create your own private retreat. Properties offering this much space, flexibility, and future potential rarely become available at this price point. May qualify for No money down USDA financing!! Kitchen appliances to be installed before closing. Schedule your tour today!
For sale
$224,900
23162 SW Neptune Blvd, Dunnellon, FL 34431
5beds
1,831sqft
Single Family Residence
Built in 1967
1.98 Acres Lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
New roofVersatile layoutSpacious homeBuildable double lotNew central hvac system
- 6 days |
- 1,008 |
- 58 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Frank Smith 401-644-4762,
KELLER WILLIAMS SUBURBAN TAMPA 813-684-9500
Source: Stellar MLS,MLS#: TB8524362
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Bedroom 4
- Features: Built-in Closet
- Level: First
Bedroom 5
- Features: Built-in Closet
- Level: First
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: None
- Laundry: Inside
Features
- Other
- Flooring: Carpet, Ceramic Tile, Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,164
- Total interior livable area: 1,831 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Other
Lot
- Size: 1.98 Acres
Details
- Parcel number: 1807011008
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: RAINBOW LAKE ESTATES
HOA
- Has HOA: No
Location
- Region: Dunnellon
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $185,095
- Annual tax amount: $2,227
- Date on market: 7/2/2026
- Cumulative days on market: 7 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $224,900+110.2%$123/sqft |
Source:  Stellar MLS #TB8524362 Report a problem | ||
| 7/18/2024 | Sold | $107,000-8.5%$58/sqft |
Source: Public Record Report a problem | ||
| 2/8/2018 | Sold | $117,000$64/sqft |
Source: Public Record Report a problem | ||
| 11/6/2017 | Pending sale | $117,000$64/sqft |
Source: SELLSTATE NGR-SUMMERFIELD #521172 Report a problem | ||
| 10/27/2017 | Price change | $117,000-6.4%$64/sqft |
Source: SELLSTATE NGR-SUMMERFIELD #521172 Report a problem | ||
| 7/12/2017 | Listed for sale | $125,000$68/sqft |
Source: SELLSTATE NGR-SUMMERFIELD #521172 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,574 +15.7% | $91,868 +3% |
| 2023 | $1,361 +3.8% | $89,192 +3% |
| 2022 | $1,311 +1.1% | $86,594 +3% |
| 2021 | $1,297 +1.2% | $84,072 +1.4% |
| 2020 | $1,282 +2.1% | $82,911 +2.3% |
| 2019 | $1,256 | $81,047 +4.6% |
| 2018 | $1,256 -12.9% | $77,470 +13.4% |
| 2017 | $1,442 +97.3% | $68,287 +11.7% |
| 2016 | $731 | $61,109 +0.3% |
| 2015 | $731 +4.9% | $60,896 +0.8% |
| 2014 | $697 -0.6% | $60,413 -2% |
| 2013 | $701 +0.8% | $61,616 +1.7% |
| 2012 | $695 -12.4% | $60,586 -17.5% |
| 2011 | $794 -8.7% | $73,440 -7.2% |
| 2010 | $869 -33.2% | $79,176 -24.3% |
| 2009 | $1,300 -26.6% | $104,598 -22.6% |
| 2008 | $1,771 -5.6% | $135,212 +3% |
| 2007 | $1,876 +102.4% | $131,274 +94.5% |
| 2006 | $927 -5.7% | $67,487 +3% |
| 2005 | $983 | $65,522 +3% |
| 2004 | $983 +1.8% | $63,614 +12% |
| 2002 | $965 +75.1% | $56,798 +27.1% |
| 2001 | $551 | $44,696 |
| 2000 | $551 | $44,696 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Rainbow Lakes Estates
Nearby schools
GreatSchools rating
- 4/10Romeo Elementary SchoolGrades: PK-5Distance: 3.6 mi
- 5/10Dunnellon Middle SchoolGrades: 6-8Distance: 7 mi
- 2/10Dunnellon High SchoolGrades: 9-12Distance: 7.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Marion County
- Dunnellon
- 34431
- Rainbow Lakes Estates
- 23162 SW Neptune Blvd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Dunnellon Topics
