New Listing - 05/23/2026

$299,900 ($177.98 per sqft)

Est. Mortgage $1,515/mo *

Quick Pre-Approval

1136 SW SHOREWOOD DRIVE, Dunnellon, FL, 34431

1136 SW SHOREWOOD DRIVE, Dunnellon, FL, 34431

3 rooms

2 beds

2 Full baths

1968

1,685 sqft

!!!Beautifully Updated Lakefront Home in Rainbow Lakes Estates!!! Welcome to this move-in-ready 2-bedroom, 2-bath home situated on a spacious .59-acre lot overlooking Tiger Lake in desirable Rainbow Lakes Estates. Completely renovated from top to bottom, this charming waterfront property combines modern upgrades, comfortable living spaces, and peaceful natural surroundings. Inside, you’ll find a bright open floor plan featuring a beautifully updated kitchen with granite countertops, stainless steel appliances, and a large center island perfect for entertaining. Waterproof luxury vinyl plank flooring flows throughout the home, while updated bathrooms, modern fixtures, and fresh interior and exterior paint create a clean, contemporary feel. The spacious Florida room, complete with its own mini-split system, offers additional year-round living space and relaxing views of the lake. Major improvements include energy-efficient vinyl windows, blown-in insulation, upgraded lighting, a 200-amp electrical panel, Roof replaced in 2021, and HVAC updated in 2017. Step outside to enjoy the brick paver patio, newly built dock, utility shed, attached 1-car garage, and covered carport — all designed to make the most of Florida outdoor living. Residents of Rainbow Lakes Estates enjoy access to a variety of community amenities including a clubhouse, fitness center, community center, youth center, playgrounds, tennis courts, basketball courts, and nearby parks and recreation areas. Conveniently located near Dunnellon, you’ll be just a short drive from shopping, dining, and outdoor adventures on the Rainbow River and Withlacoochee River. With its updated interior, peaceful setting, and proximity to popular outdoor recreation destinations, this property also offers excellent potential as a short-term rental, vacation getaway, or seasonal investment property. Tiger Lake is currently experiencing historically low water levels due to the significant drought cycle affecting much of North Central Florida. Similar conditions have only occurred one other time in nearly 30 years. For buyers looking toward the future, this presents a rare opportunity to purchase waterfront property while pricing reflects current conditions, offering potential long-term value as regional water levels recover with future rainfall cycles.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Negotiable

Laundry Remarks:

Inside, Laundry Room

Subdivision:

RAINBOW LAKES ESTATE

Garage:

1-car Boat, Covered

Heating:

Central

Cooling:

Central Air, Mini-Split Unit(s)

Acreage:

0.59

Est. Taxes:

$3,045

Construction

Block

Utilities

BB/HS Internet Available, Electricity Connected, Phone Available

View Description:

Water

Waterfront:

Yes

Days on Market:

1

Appliances:

Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener

Min Lease Term:

No Minimum

MLS #:

OM725130


Community Info

School Info

Walk Score

Yelp



Listing courtesy of COOKIE KING REAL ESTATE, INC 352-528-5010