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Under contract-accepting backup offers. Welcome to this well-maintained 3-bedroom, 2 full bath home with an additional half bath in the laundry room, situated on a spacious 2. 04-acre double lot in the highly desirable community of The Forest at Rainbow Springs. Built in 1991, this property offers a blend of comfort, functionality, and privacy, all just minutes from Rainbow Springs State Park and the crystal-clear Rainbow River.
Inside, the home features a split floor plan with a welcoming living/family room and a separate dining area, ideal for both everyday living and entertaining. The kitchen is equipped with granite countertops and opens to the main living space, creating a cohesive flow. Flooring throughout the home includes a combination of tile and hardwood, with carpeting in the second and third bedrooms.
The primary suite offers two walk-in closets, along with both a walk-in shower and a walk-in tub for added convenience. Sliding glass doors provide natural light and showcase views of the expansive backyard. The enclosed lanai, fitted with 3-season vinyl windows, offers additional space to relax and enjoy the outdoors year-round.
The property includes a second lot located to the right of the home, providing added space and separation from neighboring properties. A fenced area in the yard is ideal for pets, and an 8x10 shed offers additional storage. Additional features include a new well pump and a hand pump for emergency use.
Zoned A-1 (General Agriculture) in Marion County, this property allows for a variety of uses including farming, livestock, and rural residential living.
Residents of The Forest at Rainbow Springs enjoy a nature-oriented setting with mature trees, wooded surroundings, and frequent wildlife sightings. The community offers convenient access to outdoor recreation including tubing, kayaking, swimming, and snorkeling in the nearby Rainbow River. Located in Dunnellon, the property is close to shopping, dining, and everyday conveniences, and is just a short drive to the World Equestrian Center in Ocala.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$400,000
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 | $320,000 | $320,000 | $320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.301% | 6.500% | 5.691% |
| Monthly Tax Payment | $178 | $178 | $178 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,893 | $1,996 | $2,613 |
| Total Monthly Payment | $2,146 | $2,249 | $2,866 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.