Tucked away on a generous .95-acre parcel, this custom-built 1981 residence offers a blend of space, flexibility, and character—perfectly suited for multigenerational living or those seeking room to grow. With 1,953 square feet of living area, 3 bedrooms, 2 bathrooms, and a side-entry 2-car garage, this property delivers both comfort and functionality in a peaceful setting. The upper level serves as the main living space, featuring a full kitchen equipped with wood cabinetry, stainless steel appliances, and a convenient breakfast bar. The adjoining dining area flows seamlessly into a spacious living room anchored by an expansive stone fireplace, creating a welcoming focal point. Two bedrooms and a full bathroom complete this level, along with an inviting 11x12 screened lanai—ideal for enjoying the outdoors year-round. The lower level provides additional versatility with a private entrance, making it well-suited for extended family or guests. This space includes a flex room highlighted by a second wood-burning fireplace, an additional bedroom, and a full bathroom. Laundry hookups are conveniently located on both levels, enhancing everyday ease. A spiral staircase connects the two floors, adding architectural interest. Outdoors, the property presents a new rood in 2025, a rear fenced yard, a detached workshop with an attached pole barn, and a chicken coop for those seeking a touch of country living. With ample room for gardening, recreation, or the addition of a pool, the possibilities are endless.
This unique property combines privacy, practicality, and rustic charm—ready to accommodate a variety of lifestyles.
For sale
Price cut: $24.9K (7/3)
$275,000
5581 SW 197th Ter, Dunnellon, FL 34431
3beds
1,953sqft
Single Family Residence
Built in 1981
0.95 Acres Lot
$-- Zestimate®
$141/sqft
$-- HOA
What's special
Chicken coopRear fenced yardAdjoining dining areaConvenient breakfast barStainless steel appliances
- 80 days |
- 1,125 |
- 122 |
Zillow last checked:
Listing updated:
Listed by:
Tomika Spires-Hanssen 352-586-6598,
Keller Williams Realty - Elite Partners II,
Kimberly Mkhwane 352-212-5752,
Keller Williams Realty - Elite Partners II
Source: Realtors Association of Citrus County,MLS#: 853881
Originating MLS: Realtors Association of Citrus County
Originating MLS: Realtors Association of Citrus CountyLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Dimensions: 11.11 x 12.20
Bedroom
- Level: Second
- Dimensions: 12.40 x 10.10
Dining room
- Level: Second
- Dimensions: 13.80 x 10.60
Family room
- Level: Main
- Dimensions: 0.50 x 20.10
Kitchen
- Level: Second
- Dimensions: 13.10 x 18.10
Living room
- Level: Second
- Dimensions: 26.50 x 13.60
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave Hood Fan, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: Laundry - Living Area
Features
- Fireplace, Laminate Counters, Main Level Primary, Primary Suite, Split Bedrooms, Wood Cabinets
- Flooring: Laminate, Wood
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,816
- Total interior livable area: 1,953 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Detached Carport, Driveway, Garage, Carport
- Attached garage spaces: 2
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Wood
- Exterior features: Deck, Landscaping, Lighting, Rain Gutters, Concrete Driveway, Room For Pool
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 0.95 Acres
- Dimensions: 100 x 415
- Features: Trees
Details
- Additional structures: Storage, Workshop
- Parcel number: 0350761000
- Zoning: R1
- Special conditions: Standard,Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Multi-Level
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: High Speed Internet Available
Community & HOA
Community
- Subdivision: Rainbow Acres
HOA
- Has HOA: No
Location
- Region: Dunnellon
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $267,725
- Annual tax amount: $4,284
- Date on market: 4/18/2026
- Cumulative days on market: 81 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Price change | $275,000-8.3%$141/sqft |
Source:  Realtors Association of Citrus County #853881 Report a problem | ||
| 4/18/2026 | Listed for sale | $299,900+9.1%$154/sqft |
Source: Realtors Association of Citrus County #853881 Report a problem | ||
| 10/2/2025 | Listing removed | $274,900$141/sqft |
Source:  Stellar MLS #G5097369 Report a problem | ||
| 9/24/2025 | Pending sale | $274,900$141/sqft |
Source: Stellar MLS #G5097369 Report a problem | ||
| 8/26/2025 | Price change | $274,900-5.2%$141/sqft |
Source: Stellar MLS #G5097369 Report a problem | ||
| 7/1/2025 | Price change | $289,900-3.4%$148/sqft |
Source: Stellar MLS #G5097369 Report a problem | ||
| 5/21/2025 | Listed for sale | $300,000+63.9%$154/sqft |
Source: Stellar MLS #G5097369 Report a problem | ||
| 1/2/2018 | Sold | $183,000-1.1%$94/sqft |
Source: Realtors Association of Citrus County #762635 Report a problem | ||
| 11/17/2017 | Pending sale | $185,000$95/sqft |
Source: Coldwell Banker Riverland Realty #524120 Report a problem | ||
| 11/2/2017 | Price change | $185,000-7.5%$95/sqft |
Source: Coldwell Banker Riverland Realty #524120 Report a problem | ||
| 9/6/2017 | Listed for sale | $199,900-20%$102/sqft |
Source: CB/RIVERLAND REALTY #524120 Report a problem | ||
| 5/1/2009 | Listing removed | $249,900$128/sqft |
Source: Listhub #303095 Report a problem | ||
| 4/25/2008 | Listed for sale | $249,900$128/sqft |
Source: Visual Tour #303095 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,949 +12.6% | $209,846 +10% |
| 2023 | $3,507 +5.8% | $190,769 +10% |
| 2022 | $3,315 +14.5% | $173,426 +10% |
| 2021 | $2,896 +8.4% | $157,660 +10% |
| 2020 | $2,672 +1.5% | $143,327 +2.9% |
| 2019 | $2,631 | $139,352 +34.6% |
| 2018 | $2,631 +100.2% | $103,512 +2.1% |
| 2017 | $1,314 +2.5% | $101,383 +2.1% |
| 2016 | $1,282 | $99,298 +0.7% |
| 2015 | $1,282 +6.3% | $98,608 +0.8% |
| 2014 | $1,206 +2.7% | $97,825 +1.5% |
| 2013 | $1,175 +0.6% | $96,379 +0.9% |
| 2012 | $1,167 +3% | $95,558 +2.5% |
| 2011 | $1,133 +2.2% | $93,196 +1.5% |
| 2010 | $1,109 +5.4% | $91,819 +2.7% |
| 2009 | $1,052 +1.2% | $89,405 +0.1% |
| 2008 | $1,040 -12% | $89,316 +3% |
| 2007 | $1,181 -5% | $86,715 +2.5% |
| 2006 | $1,244 +3.7% | $84,600 +3% |
| 2005 | $1,199 | $82,136 +3% |
| 2004 | $1,199 -30.8% | $79,744 +4.3% |
| 2002 | $1,734 +0.3% | $76,424 +6.8% |
| 2001 | $1,728 | $71,538 |
| 2000 | $1,728 | $71,538 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 34431
Nearby schools
GreatSchools rating
- 4/10Romeo Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 5/10Dunnellon Middle SchoolGrades: 6-8Distance: 5.7 mi
- 2/10Dunnellon High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Romeo Elementary
- Middle: Dunnellon Middle
- High: Dunnellon High
Source: Realtors Association of Citrus County. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Marion County
- Dunnellon
- 34431
- 5581 SW 197th Ter
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Dunnellon Topics
