NEW PRICE — Rare Multi-Structure Estate with Guest House, 4,000+ SF Workshop, Pool & Nearly 2.5 Fully Fenced Acres — No HOA Two homes. One property. Endless possibilities. Guest house + 4,000+ SF workshop + acreage — now priced to move. A price improvement on one of Dunnellon’s most unique properties — offering a combination of space, flexibility, and functionality that is extremely difficult to find in today’s market. 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 lifestyle. Opportunities like this are limited — especially with this level of space, functionality, and multi-use potential.
- Built in 1998
- 2 garage spaces
- $225.00/sqft
- Lot size: 2.48 acres
- 208 days on market
- Directions: Head south on US-41 S and turn right onto SW Rainbow Lakes Blvd. Continue 2.1 miles and turn right onto Oleander Pl. In 358 ft, turn left onto SW Marine Blvd. Continue 0.3 miles and turn right onto SW Ivy Pl. After 0.3 miles, turn left onto SW Edgewater Blvd. Destination will be on the right.
- County: Marion
- Geo subdivision: RAINBOW LAKES ESTATE
Nearby Schools
Romeo Elementary School
Dunnellon Middle School
Dunnellon High School
Features
Interior
Exterior
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Lease Information
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Rafael Zenke
Real Estate Strategist
- Source: Stellar MLS
- MLS #: OM709443
Listing updated: April 7, 2026 at 3:54PM
Listing provided by: Lori Conklin, NEXTHOME PROFESSIONAL REALTY
Last checked 6 hours ago
Listing provided by: Lori Conklin, NEXTHOME PROFESSIONAL REALTY
Last checked 6 hours ago
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