Under Construction. Experience the peace and tranquility of country living in this New Construction 3 bedroom 2 bath Home Located in the up and coming neighborhood of Rainbow Lakes Estates just 30 minutes west Ocala, 15 minutes from Downtown Dunnellon, and 30 minutes from the Gulf Coast town of Crystal River. This home's upgrades include Stainless Steel Appliances, Wood Cabinets with soft close hinges, Granite Countertops in Kitchen and Baths, Tile Shower and bath, double sinks in master bathroom, Luxury Vinyl Plank Flooring in main areas with carpet in all bedrooms, and 10 x 10 patio. The 2 car garage is equipped with garage door opener and wireless keypad. Concrete Block Construction and Energy efficient windows will keep your energy costs low. Love the Community you live in! Rainbow Lakes Estates offers a Community Center and a Recreational Park which include playgrounds, tennis courts, racquetball courts, basketball courts, baseball field, walking trails, a boat ramp to Tiger Lake, and picnic pavilions. Rainbow River and Rainbow Springs are part of Marion County's Top outdoor attractions and are only a short 10 minute drive from Rainbow Lakes Estates. Enjoy the crystal clear water for kayaking, tubing and outdoor fun. Play a round of golf just 10 minutes away at Nationally recognized Juliette Falls Championship Golf Course. Whether you enjoy outdoor activities and adventure, or prefer to relax and enjoy the beauty of nature, you'll love calling Rainbow Lakes Estates your home.
Sold for $247,500
$247,500
448 SW ALVAREZ ROAD, DUNNELLON, FL 34431
3beds
1,317sqft
Single Family Residence
Built in 2024
0.25 Acres Lot
$240,400 Zestimate®
$188/sqft
$1,850 Estimated rent
Home value
$240,400
$228,000 - $252,000
$1,850/mo
Zestimate® history
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$1,778/mo
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List your homeWhat's special
Tennis courtsBasketball courtsRainbow springsRainbow lakes estatesBaseball fieldRecreational parkCrystal river
Zillow last checked:
Listing updated:
Listed by:
Lisa Martineau 352-427-6761,
DALTON WADE INC 888-668-8283,
Jeff Martineau 352-231-5903,
DALTON WADE INC
Bought with:
Bobbie Jo Clark, 3301709
SELLSTATE NEXT GENERATION REAL
Source: Stellar MLS,MLS#: OM676332
Originating MLS: Pinellas Suncoast
Originating MLS: Pinellas Suncoast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: First
- Dimensions: 14x13
Bedroom 2
- Features: Built-in Closet
- Level: First
- Dimensions: 11x12
Kitchen
- Features: Pantry
- Level: First
- Dimensions: 10x14
Living room
- Level: First
- Dimensions: 17x17
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range Hood, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
- Flooring: Carpet, Luxury Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,811
- Total interior livable area: 1,317 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
Lot
- Size: 0.25 Acres
- Dimensions: 77 x 143
Details
- Parcel number: 1816502021
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Under Construction
- New construction: Yes
- Year built: 2024
Details
- Builder model: Discovery
- Builder name: Eucharist Construction, Inc.
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
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: $188/sqft
- Tax assessed value: $7,250
- Annual tax amount: $187
- Date on market: 4/8/2024
- Cumulative days on market: 40 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: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2024 | Sold | $247,500-0.6%$188/sqft |
Source:  Stellar MLS #OM676332 Report a problem | ||
| 5/19/2024 | Pending sale | $249,000$189/sqft |
Source: Stellar MLS #OM676332 Report a problem | ||
| 4/8/2024 | Listed for sale | $249,000+3457.1%$189/sqft |
Source: Stellar MLS #OM676332 Report a problem | ||
| 5/31/2023 | Sold | $7,000-65%$5/sqft |
Source: Public Record Report a problem | ||
| 4/8/2005 | Sold | $20,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $226 +20.7% | $7,250 +134.9% |
| 2023 | $187 +44.8% | $3,086 +10% |
| 2022 | $129 +13.7% | $2,805 +10% |
| 2021 | $114 -0.3% | $2,550 |
| 2020 | $114 -0.6% | $2,550 +5.4% |
| 2019 | $115 | $2,420 -16.6% |
| 2018 | $115 +11.7% | $2,900 +45% |
| 2017 | $103 +0.4% | $2,000 |
| 2016 | $102 | $2,000 +7% |
| 2015 | $102 +6% | $1,870 +10% |
| 2014 | $96 +0.4% | $1,700 |
| 2013 | $96 +0.1% | $1,700 |
| 2012 | $96 -15.4% | $1,700 -36.3% |
| 2011 | $114 -14.9% | $2,668 -30% |
| 2010 | $133 -8% | $3,812 -16.7% |
| 2009 | $145 -66.6% | $4,574 -79.3% |
| 2008 | $435 +2.4% | $22,107 |
| 2007 | $425 +22.3% | $22,107 +45% |
| 2006 | $347 +210.9% | $15,246 +299.9% |
| 2005 | $112 | $3,812 +78.6% |
| 2004 | $112 -1.9% | $2,134 +74.9% |
| 2002 | $114 +56.1% | $1,220 |
| 2001 | $73 | $1,220 |
| 2000 | $73 | $1,220 |
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: 9.3 mi
- 2/10Dunnellon High SchoolGrades: 9-12Distance: 9.8 mi
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Estimated market value
$240,400
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
$240,400
- Florida
- Marion County
- Dunnellon
- 34431
- Rainbow Lakes Estates
- 448 SW ALVAREZ ROAD
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