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Sold for $235,000
  • $235,000

    8985 SW 196th Terrace Rd, Dunnellon, FL 34432

    2beds
    1,566sqft
    Single Family Residence
    Built in 1980
    0.46 Acres Lot
    $234,900 Zestimate®
    $150/sqft
    $1,876 Estimated rent

    Home value

    $234,900

    $218,000 - $254,000

    $1,876/mo

    Zestimate® history
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    What's special

    Spacious nearly half-acre lot
    Opportunity knocks in one of Dunnellon's most coveted nature-centric communities. Nestled on a spacious, nearly half-acre lot in Rainbow Springs Country Club Estates, this 2/2/2 home is ready for its next chapter — and the setting alone is worth the drive. The front yard is graced with beautiful mature trees and lush landscaping, while the back of the property overlooks the tranquil old fairway, offering peaceful, open views that never get old. Imagine starting your mornings with coffee or tea on the back patio as the sun rises over the old golf course — watching the birds graze, listening to the quiet, and breathing in the fresh Florida air. When you're ready to explore, hop on your bike, golf cart, or take a stroll down the community trails to the clubhouse, or head to the private resident river park for an early morning paddle on the world-famous Rainbow River. New roof April 2026. HVAC 2015. The bones are here — bring your vision and transform this home into the retreat you've been dreaming of. Beyond your doorstep, you're just minutes from Rainbow Springs State Park, the beloved KP Hole County Park, downtown Dunnellon's waterfront dining, local shopping, and multiple grocery stores. Medical facilities, cultural amenities, and the vibrant communities of Ocala, Crystal River, and Inverness are all within approximately 20 minutes. And surrounding it all — miles of spring-fed rivers, crystal-clear estuaries, scenic chains of lakes, and some of Florida's most spectacular natural waterways to explore year-round. This is the Florida nature lifestyle at its finest. Schedule your private tour and discover the absolute beauty and tranquility this home and community embody.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Julie Beck 352-804-8803,

    KELLER WILLIAMS CORNERSTONE RE 352-369-4044

    Bought with:

    Non-Member Agent

    STELLAR NON-MEMBER OFFICE

    Source: Stellar MLS,MLS#: OM723948MLS LogoOriginating MLS: Ocala - Marion

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    Balcony porch lanai
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
    • Laundry: In Garage
    Features
    • Ceiling Fan(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Walk-In Closet(s)
    • Flooring: Carpet
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,496
    • Total interior livable area: 1,566 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Irrigation System, Other, Sprinkler Metered
    • Has view: Yes
    • View description: Park/Greenbelt, Trees/Woods
    • Waterfront features: River Access
    • Body of water: RAINBOW RIVER
    Lot
    • Size: 0.46 Acres
    • Dimensions: 100 x 200
    Details
    • Parcel number: 3296006043
    • Zoning: R1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Dunnellon
    • Subdivision: RAINBOW SPGS COUNTRY CLUB ESTATE

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $21 monthly
    • Association name: Rainbow Springs POA / Kimberly
    • Association phone: 352-489-1621
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/1/2026Sold$235,000-2.1%$150/sqft
    Source: Stellar MLS #OM723948 Report a problem
    5/5/2026Pending sale$240,000$153/sqft
    Source: Stellar MLS #OM723948 Report a problem
    5/2/2026Listed for sale$240,000$153/sqft
    Source: Stellar MLS #OM723948 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,061 +3.4%$93,472 +3%
    2023$1,026 -3.2%$90,750 +3%
    2022$1,061 +1.1%$88,107 +3%
    2021$1,049 +1.2%$85,541 +1.4%
    2020$1,037 +2.1%$84,360 +2.3%
    2019$1,016 $82,463 +1.9%
    2018$1,016 +7%$80,925 +2.1%
    2017$949 -9.2%$79,261 +2.1%
    2016$1,045 $77,631 -8.5%
    2015$1,045 -15.3%$84,872 -15.2%
    2014$1,234 +2.7%$100,088 +1.5%
    2013$1,202 -5%$98,609 -3.6%
    2012$1,265 -0.5%$102,337 -0.2%
    2011$1,271 +2.1%$102,538 +1.5%
    2010$1,245 +5.4%$101,023 +2.7%
    2009$1,180 +1.3%$98,367 +0.1%
    2008$1,166 -10.6%$98,269 +3%
    2007$1,304 -5.3%$95,408 +2.5%
    2006$1,377 +2.4%$93,080 +3%
    2005$1,345 $90,370 +3%
    2004$1,345 -0.5%$87,737 +4.3%
    2002$1,352 +7.3%$84,085 +4.6%
    2001$1,259 $80,350
    2000$1,259 $80,350

    Find assessor info on the county website

    Neighborhood: 34432

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dunnellon Elementary School
    • Middle: Dunnellon Middle School
    • High: Dunnellon High School

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $234,900
    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
    $234,900