Rainbow Lakes Estate Single Family Homes For Sale in Dunnellon - 73 homes

Remarks: New construction in Dunnellon’s Rainbow Lakes Estates with no HOA and a quarter acre homesite. This split bedroom floor plan offers open living, efficient use of space, and a kitchen that connects naturally to the main living area. The larger lot gives buyers room for a fence, outdoor storage, equipment parking, or added privacy. RLE residents enjoy access to Sea Cliff Park, sports courts, walking trail, fitness center, youth center, and Lake Bonable for swimming, canoeing, and fishing. Convenient to downtown Dunnellon, Rainbow River, Ocala, parks, lakes, and outdoor recreation.

Listing is courtesy of: ASHLAR REALTY (352-299-0087)

Listing Agent: Joshua Smith (352-299-0087)

Remarks: New construction in Dunnellon’s Rainbow Lakes Estates with no HOA and a quarter acre homesite. This split bedroom floor plan offers open living, efficient use of space, and a kitchen that connects naturally to the main living area. The larger lot gives buyers room for a fence, outdoor storage, equipment parking, or added privacy. RLE residents enjoy access to Sea Cliff Park, sports courts, walking trail, fitness center, youth center, and Lake Bonable for swimming, canoeing, and fishing. Convenient to downtown Dunnellon, Rainbow River, Ocala, parks, lakes, and outdoor recreation.

Listing is courtesy of: ASHLAR REALTY (352-299-0087)

Listing Agent: Joshua Smith (352-299-0087)

Remarks: NEW PRICE — One of Marion County’s Most Competitive Multi-Structure Estates Under $1M with Acreage, Guest House & 4,000+ SF Workshop — No HOA Two homes. One property. Endless possibilities. Opportunities like this are becoming increasingly rare—while there are properties in Marion County offering guest houses, very few combine 2+ acres, dual-living functionality, and extensive workshop space at a price point under $1M. Many comparable properties with similar features are priced well into the million-dollar range. Behind a private gated entrance, this exceptional property spans approximately 2.48 fully fenced acres, delivering privacy, usability, and room to truly live — without HOA restrictions. What sets this property apart is its true dual-living layout, ideal for multi-generational living, in-law accommodations, guest housing, or anyone needing separate yet connected living spaces — a rare find at this price point. The property features a 2,600+ SF main residence (3 bedrooms, 2 bathrooms) PLUS an approximately 1,000 SF attached guest house/in-law residence (2 bedrooms, 1.5 bathrooms) (guest residence not reflected in tax roll), thoughtfully connected through the garage. Unlike typical “suite” setups, this is a fully functional second residence. The guest house includes: • 2 bedrooms, 1.5 bathrooms • Full kitchen • Private entrance • Separate HVAC system • Private enclosed lanai with direct pool access This setup offers both complete independence and optional connectivity — perfect for extended family, guests, or flexible living arrangements. The main home is filled with natural light and offers spacious living areas designed for both everyday comfort and entertaining. Major updates include a roof replacement in 2021 and updated HVAC systems (see disclosures for details). Step outside to enjoy your own private Florida retreat — featuring an in-ground pool, multiple enclosed lanai spaces, and expansive open acreage ideal for relaxing, entertaining, or simply enjoying the peace and privacy. For those needing serious workspace or storage, the 4,000+ SF workshop complex is a standout feature — complete with multiple bays, RV and boat parking, covered carports, and ample room for equipment, hobbies, or business use. With fully fenced land and no HOA, this property easily accommodates boats, RVs, trailers, equipment, animals, and more — offering true freedom and versatility. Conveniently located just minutes from Dunnellon’s shopping and dining, and near Rainbow River and Rainbow Springs State Park, this property delivers a rare blend of privacy, flexibility, and location. NEW INCENTIVE: Seller is offering a $10,000 credit to the buyer at closing—perfect opportunity to customize the deck to your liking or apply toward closing costs.

Listing is courtesy of: NEXTHOME PROFESSIONAL REALTY (352-644-6398)

Listing Agent: Lori Conklin (321-663-4619)

Remarks: Seller offering $5,000 towards closing cost. Upgraded new construction in Rainbow Lakes Estates. Master bathroom shower glass, touch up painting and punchout list will be completed prior to closing.

Listing is courtesy of: CORAL REAL ESTATE (561-601-4941)

Listing Agent: Craig Mobley (561-601-4941)

Remarks: Welcome to this immaculately maintained 1968 Florida Classic Gem. This 2 bed, 2 bath, 2 car garage home is beautifully situated on a peaceful and nature-filled .62-acre parcel in the community of Rainbow Lakes Estates. Nestled among mature trees and beautifully landscaped grounds, this property offers a serene setting that truly feels like a natural paradise, while remaining just minutes from everyday conveniences. The home is in move-in condition and has been thoughtfully updated over the years. Major improvements include energy-efficient windows replaced in 2019, a new HVAC system installed in 2021, and a metal roof added in 2022. Interior updates in 2022 also introduced luxury vinyl plank flooring and fresh paint, giving the home a clean and modern feel. In 2025, additional upgrades were completed including new kitchen appliances, a new hot water heater, and a whole-house water treatment and filtration system, offering both comfort and peace of mind for years to come. The home’s inviting layout is perfect for everyday living or relaxing after a day spent enjoying the surrounding natural beauty. Step outside to enjoy the tranquil atmosphere, where the lush landscaping and quiet surroundings create a true retreat. The 20' shipping container, carport cover, and 8x8 shed convey with the sale of the home. One of the highlights of this location is its proximity to Lake Tiger and Lake Bonable, two scenic lakes that are known for their peaceful waters and natural surroundings. Residents enjoy easy access to these lakes for fishing, boating, kayaking, and relaxing waterfront views, making the area ideal for nature lovers and outdoor enthusiasts. The Rainbow Lakes Estates community offers a variety of amenities including a community center, fitness area, playgrounds, tennis and basketball courts, and lake access with fishing pier and boat ramp, creating opportunities for recreation and social activities close to home. Despite the tranquil setting, you are just minutes from downtown Dunnellon, where you’ll find charming antique shops, local restaurants, grocery stores, and everyday shopping. The home is also conveniently located near Ocala, the World Equestrian Center, Crystal River, Gainesville, and the Gulf Coast, as well as the crystal-clear waters and outdoor recreation of Rainbow Springs State Park. If you're searching for a beautifully updated home surrounded by nature, yet close to modern conveniences, this property offers the perfect balance of comfort, tranquility, and Florida lifestyle living.

Listing is courtesy of: KELLER WILLIAMS CORNERSTONE RE (352-369-4044)

Listing Agent: Julie Beck (352-804-8803)

Remarks: Peaceful Florida living awaits in sought-after Rainbow Lakes Estates! This beautifully updated 2-bedroom, 2-bath block home offers approximately 1,200 sq ft of comfortable living space on a spacious property in Dunnellon. Extensively remodeled, updates include fresh interior and exterior paint, laminate flooring throughout, new A/C with new duct-work, stainless steel appliances, water heater, energy-efficient windows, and custom blinds as well. Metal roof was replaced in 2008 leaving plenty of life left. Inside, you’ll find a bright and inviting layout with a generously sized primary suite designed for relaxation that you could also split into multiple rooms, with lots of potential in this primary suite. The sun-room, also known as the Florida room, overlooks the large shaded backyard, creating the perfect space for morning coffee or unwinding at the end of the day. Step outside to enjoy a completely fenced in backyard with peaceful natural surroundings, along with an empty chicken coup ready for your chickens or animals, plus a large workshop/storage shed with electricity and a nice picnic table...ideal for hobbies, entertaining, or extra storage. Rainbow Lakes Estates offers an incredible lifestyle with access to multiple lakes (with Lake Bonable being walking distance), fishing pier, parks, playgrounds, forests, walking trails, horse trails, tennis and basketball courts, and community spaces. Conveniently located near Rainbow Springs State Park, the Rainbow River, and the Withlacoochee River, you’ll enjoy endless opportunities for outdoor recreation. No HOA and plenty of room to enjoy the Florida lifestyle, schedule your private showing today!

Listing is courtesy of: BRIJE REAL ESTATE LLC (303-597-6699)

Listing Agent: Miranda Grybko (386-234-1703)

Remarks: Meticulously maintained 4-bedroom home situated on 4.95 private acres with no HOA or dues. The garage has been converted into a spacious game room with plenty of room for a pool table, or it could serve as a great home office or workspace for a business. This property offers peace of mind with major updates already completed, including a new roof (3/2016), drain field (2017, pumped 2024), new Trane A/C system and ductwork (2/2025), and a new well pump (1/2026). Additional features include a Generac generator, tankless water heater, and a cozy wood-burning stove. The property also includes two sheds and a dog pen. Enjoy comfortable country living with modern upgrades and dependable systems already in place.

Listing is courtesy of: RIGHT-TIME REALTY, LLC (352-817-5114)

Listing Agent: Lesley Rogan (352-817-5114)

Remarks: Under Construction. BEAUTIFUL BRAND-NEW Custom home. Pictures are of a Model Home and not the actual home. Block with stucco 4 bedroom, 2 bath with attached 2 car garage. Beautiful cabinets and granite countertops accent the gorgeous kitchen. Appliances include (Refrigerator, Range with hood , Microwave and Dishwasher). Walk-in closet in Master. High Efficiency windows. Gorgeous 16x12 Back Lanai

Listing is courtesy of: WORLDCORP REALTY (352-861-9600)

Listing Agent: Paul Fletcher (352-861-9600)

Remarks: Under Construction. Photos are of a model home – features may vary. Expected completion 5/1/2026 Welcome to this stylish new construction home in Rainbow Park, one of Marion County fastest-growing communities! Featuring 3 bedrooms, 2 bathrooms, and a 1-car garage, this home is ideal for first-time buyers or investors—with no HOA fees. Enjoy a bright, open-concept layout with a modern kitchen equipped with stainless steel appliances, granite countertops, and plenty of storage. The master suite includes a private bath and walk-in closet, with two additional bedrooms perfect for guests or a home office. This home also benefits from Rainbow Park’ rapid development—new schools, shops, and businesses are being built, adding value and convenience. With easy access major highways, this home offers modern living in a community full of promise.

Listing is courtesy of: HOMERUN REALTY (352-624-0935)

Listing Agent: John Collins, Jr (352-659-5110)

Remarks: Welcome to this beautifully new construction home that is move-in ready and designed for comfortable, modern living. Featuring 3 bedrooms and 2 bathrooms, this home is tucked away from the hustle and bustle of traffic, offering the peace and quiet you’ve been looking for. Inside, you’ll find an inviting open-concept layout that creates a seamless flow between the living, dining, and kitchen areas—perfect for everyday living and entertaining. The kitchen and bathrooms are finished with elegant granite countertops, while the spacious tiled walk-in shower adds a touch of luxury to the primary bath. With stylish finishes and thoughtful design throughout, this brand-new home has everything you could possibly need.

Listing is courtesy of: EXP REALTY LLC (888-883-8509)

Listing Agent: Rhonda Cassidy (352-438-6855)

Remarks: Brand new construction in Rainbow Lakes Estates offering modern finishes, concrete block construction, and the freedom of no HOA on a spacious cleared homesite in Dunnellon. This newly completed home features an open layout designed for everyday living with luxury vinyl plank flooring throughout the main areas, vaulted ceilings that enhance the sense of space, and a bright kitchen anchored by granite countertops, soft close cabinetry, and stainless steel appliances. The split bedroom design provides privacy, while the primary suite includes a walk in closet and a well appointed bath with modern finishes. Built for efficiency and low maintenance living, the home sits on a paved road within one of Dunnellon’s most established communities where larger homesites and a relaxed lifestyle are part of the appeal. Rainbow Lakes Estates residents enjoy access to a community park, recreation center, tennis and basketball courts, walking trails, and a boat ramp to Tiger Lake. Just minutes away are the crystal clear waters of Rainbow Springs State Park, the Rainbow River, and nearby access to Lake Rousseau for fishing and boating. Conveniently located between Dunnellon and Ocala, with an easy drive to shopping, dining, and outdoor recreation throughout Marion County.

Listing is courtesy of: ASHLAR REALTY (352-299-0087)

Listing Agent: Joshua Smith (352-299-0087)

Remarks: Under Construction. BEAUTIFUL BRAND-NEW Custom home on 1 acre corner lot. Pictures are of a Model Home and not the actual home. Block with stucco 3 bedroom, 2 bath with attached 2 car garage. Beautiful cabinets and granite countertops accent the gorgeous kitchen. Appliances (Refrigerator, Range with hood , Microwave and Dishwasher). Walk-in closet in Master. Beautiful Lanai. High Efficiency windows. Gorgeous 14x22 back Lanai

Listing is courtesy of: WORLDCORP REALTY (352-861-9600)

Listing Agent: Paul Fletcher (352-861-9600)

Remarks: Vaulted ceilings and a massive granite island immediately set the tone in this new construction home in Dunnellon. The open layout feels bright and functional, with luxury vinyl plank flooring throughout and no carpet anywhere. The kitchen connects seamlessly to the main living space and features soft close cabinetry, stainless steel appliances, modern pendant lighting, and black hardware for a sharp, updated look. The primary suite includes dual sinks and a fully tiled walk in shower with glass enclosure. A split floor plan offers privacy from the secondary bedrooms. Situated on a wooded homesite in Rainbow Lakes Estates with a covered lanai and solid concrete block construction. Located minutes from Rainbow Springs, the Rainbow River, Tiger Lake, and downtown Dunnellon. Move in ready with modern finishes throughout. Close

Listing is courtesy of: ASHLAR REALTY (352-299-0087)

Listing Agent: Joshua Smith (352-299-0087)