7705 SW 186 AVENUE, Dunnellon, FL, 34432 | $655,000

One-of-a-kind estate offering exceptional space, character and versatility. Tucked away at the end of a quiet cul-de-sac on 2. 36 private acres in The Forest of Rainbow Springs, this custom-built residence offers nearly 5, 700 square feet of living space designed for accessibility, flexibility and comfort. Thoughtfully created with barrier-free functionality, the home is handicap accessible and adaptable to a variety of lifestyles and future needs. The expansive floor plan features two primary suites, a full library and an oversized office complete with extensive built-in workstations, filing cabinets and storage. An interior efficiency apartment provides additional flexibility for guests, extended family or live-in assistance. With multiple living areas and private spaces, the home is ideally suited for multi-generational living, a home-based business or a private retreat. Designed for entertaining and culinary pursuits, the galley kitchen features two commercial-grade Sub-Zero refrigerators, double built-in ovens, two butler pantries and abundant storage and preparation space. Numerous built-ins, cabinetry, cupboards and storage systems throughout the home will remain, offering exceptional organization and functionality. Recent improvements include a new roof for the home and storage buildings in 2025, all new windows with interior custom casements and fresh exterior paint. two newer HVAC systems, two new water heaters, a newer water conditioning system, newer garbage disposal, new washer and dryer, and several newer appliances. The home also includes two built-in safes for secure storage. The oversized 29-by-31-foot garage offers generous storage and is complemented by an attached air-conditioned workshop. Two detached storage buildings with electricity and roll-up doors provide additional space for equipment, hobbies, projects or business operations. Additional features include two electrical panels, a Generac 20-kilowatt whole-house generator supported by a 250-gallon underground propane tank and a dual-system climate control setup. One HVAC system includes an Aquafer system that converts hot steam into hot water. Surrounded by mature trees, established landscaping and abundant wildlife, the property offers exceptional privacy and a peaceful natural setting. Whether envisioned as a multi-generational residence, creative studio, private business headquarters or personal retreat, the possibilities are extensive. Residents of The Forest of Rainbow Springs enjoy an impressive collection of amenities with a low annual homeowners association fee, including a clubhouse, community pool, pickleball courts, tennis courts, basketball court, bocce ball, driving range, restaurant, disc golf course and recreational trails. The community also offers access to a private three-acre river park approximately 1, 500 feet by kayak or canoe from the headwaters of Rainbow Springs State Park. Amenities include a private swimming area, kayak launch, pavilions, barbecue grills, restrooms, outdoor showers and on-site security. Conveniently adjacent to Juliette Falls Golf Club and within easy reach of Ocala, Gainesville, Tampa and Orlando, this distinctive property combines privacy, functionality, extensive updates and exceptional community amenities in one remarkable offering.

Features

  • Rooms: 15
  • Bedrooms: 3
  • Baths: 4 full / 1 half
  • Laundry: In Garage, Inside
  • Style: Craftsman
  • Year Built: 1993
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 5,693
  • Acreage: 2.36
  • Est. Taxes: $16,417
  • HOA Fee: $250 Annually
  • Lot Desc: Cul-De-Sac, In County, Near Golf Course
  • View: Trees/Woods
  • Elem. School: Dunnellon Elementary School
  • Middle School: Dunnellon Middle School
  • High School: West Port High School
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Refrigerator, Washer, Water Softener
  • MLS#: OM727171
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/OM727171/7705sw186avenue_dunnellon_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/10/2026 4:11:09 AM)
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY   Phone: 352-509-6455

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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7705 SW 186 AVENUE, Dunnellon, FL, 34432

$655,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $524,000 $524,000 $524,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.500% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.650% 5.972%
Monthly Tax Payment $1,368 $1,368 $1,368
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,184 $3,312 $4,351
Total Monthly Payment $4,644 $4,772 $5,811

* 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.