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Under Construction. Beautiful new construction located in the highly sought-after Rainbow Lake Estates, offering peace, privacy, and impressive value. This home features an open-concept layout, modern finishes throughout, a split floor plan, and a spacious primary suite with a double vanity and walk-in shower. Secondary bath includes dual sinks and a tub/shower combo—perfect for families or guests.
Property sits in a quiet, fast-growing area surrounded by natural beauty, just minutes from Rainbow Springs, fishing, boating, and outdoor recreation. Easy access to US Hwy 41 makes commuting to Dunnellon, Ocala, and Gainesville convenient. Home is currently under construction—show with confidence. Please verify room measurements, completion timeline, and buyer incentives.
Step inside to a bright, open-concept floor plan designed for easy living and effortless entertaining. The split layout ensures privacy, featuring a spacious primary suite with a stylish en-suite bathroom including a double vanity and a walk-in shower. The secondary bathroom is thoughtfully designed with dual sinks and a tub/shower combo—perfect for busy mornings or unwinding after long days.
A dedicated rear utility room provides washer/dryer hookups and extra storage, adding to the home’s everyday functionality.
With its ideal location, modern finishes, and unbeatable value, this brand-new home in Rainbow Park is a rare find. Construction is underway—secure it now before it's gone!
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Our Executive Mortgage Banker:
Our Insurance Division:
$219,990
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $175,992 | $175,992 | $175,992 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.628% |
| Monthly Tax Payment | $16 | $16 | $16 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,013 | $1,069 | $1,426 |
| Total Monthly Payment | $1,104 | $1,160 | $1,517 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.