23162 SW NEPTUNE BOULEVARD
Dunnellon, FL, 34431 $ 224,900
Bedrooms5 Baths2.1 Sq 1,831 Monthly Estimate*
$ 1,420
for $224,900 with 5 bedrooms and 2 full baths, 1 half bath. This 1,831 square foot home was built in 1967 on a lot size of 1.98.
Rare opportunity to own a unique property on nearly 2 acres in Rainbow Lakes Estates! This spacious home offers approximately 1,831 square feet with a versatile layout featuring a 2-bedroom, 2-bath main living area plus a separate 3-bedroom, 1-bath wing/In-law suite—ideal for extended family, multi-generational living, guests, a home office setup, or other flexible living arrangements. The property also includes a new central HVAC system, new roof, a clean four-point inspection is available, and the home sits on a buildable double lot, offering outstanding future potential for expansion, investment, or additional development (buyer to verify). While the interior is ready for your personal updates, the combination of acreage, flexible floor plan, and future possibilities makes this property unlike anything else in the area. With nearly 2 acres of land, room for all your toys, and convenient access to Rainbow Springs, the Rainbow River, shopping, and outdoor recreation, this is an exceptional opportunity to create your own private retreat. Properties offering this much space, flexibility, and future potential rarely become available at this price point. May qualify for No money down USDA fininacing!! Kitchen appliances to be installed befopre closing. Schedule your tour today!
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FeaturesGeneralSewer Septic Tank
Heating Central Electric
Cooling Central Air
Utilities Electricity Connected
Possession Close Of Escrow
Roof Shingle
Appliances None
Zoning R1
Construction Materials Block Concrete Stucco
Year Built 1967
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Marion
New Construction false
Property Type Residential
Subdivision Name RAINBOW LAKE ESTATES
Facing Direction North
Garage Y/N false
Total Rooms 10
Full Baths 2
Status Active
Directions NORTH ON HWY 41 TURN LEFT ONTO RAINBOW LAKES BLVD 3.0 MILE TURN RIGHT ONTO SW PERSIMMON LAND JOGCONT ON PERSIMMON LANE TURN LEFT ONTO SW NEPTUNE BLVD HOUSE ON SOUTH RIGHT SIDE OF STREET.NO
City DUNNELLON
Senior Community Y/N false
MLS Area 34431 - Dunnellon
Lot Size Units Acres
Lot Size Square Feet 86249
Carport Spaces 2
Carport Y/N true
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Land Lease Y/N false
Tax Annual Amount 2227
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 7
Legal Description SEC 29 TWP 15 RGE 18 PLAT BOOK F PAGE 148 RAINBOW LAKES ESTATES SEC F BLK 11LOTS 8.9
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code R-4
In Law Suite YN true
In Law Suite Description 1 Bathroom 2+ Bedrooms
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InteriorInterior Amenities Other
Flooring Carpet Ceramic Tile Laminate
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 1
Laundry Features Inside
Total Bedrooms 5
Total Baths 3
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ExteriorExterior Amenities Other
Water Source Well
Lot Size Area 1.98
Foundation Details Slab
Building Area Total 2164
Lot Size Acres 1.98
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $1,420
- Monthly Property Taxes
- $186
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Dunnellon, FL
Average List Price $372,911
Percent of Sale Price 66%
About Dunnellon, FL 1,852 Population
0% Since 2002
$ 28,078 Median Income
54.89 Median Age
13% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/2/2026 | $224,900 | | Listed Price |