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$1,050,000
12157 Palmetto Way, Dunnellon, FL 34432
3 Beds
4 Baths
2,620 SqFt

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Instant gratification can be appreciated when owning and enjoying this Rainbow Riverfront estate that offers nearly 100 foot of water front to the Rainbow River and is walking distance to restaurants, county parks and the downtown district of Dunnellon. This once kept secret gem has become so popular over the years due to the crystal clear waters which attracts the nature enthusiasts from abroad to take in the natural resource. Luckily with this estate, you don't have to compromise your privacy to enjoy mother nature and can enjoy the birds, cranes, and fish as you admire the mature landscaping and take advantage of the shade provided by the 34 bald cypress trees found onsite. Property sits on one of, if not, the most private location on all of the Rainbow River. Nature abounds in both the main house and the guest house with million dollar views. The main home offers 2 bedrooms, 2 baths, (1936 sq. foot) formal dining, gas fireplace, open kitchen & living combo that overlooks green grounds and river views. Guest house is connected by a breezeway and boasts an oversized workshop with extra full outdoor bath (currently being used as a recreational Room), upstairs you will find 1 bedroom, 1 bath, full kitchen, and living room. (684 sq. foot) that overlooks the rainbow river--Some have said this is the best room to catch the birds and other wildlife species as you admire them in their element. Enjoy the Florida Summer paddle boarding, kayaking or swimming in the River or simply unwinding from the day as you soak in the hot tub. Wood dock is perfect for all River Life aspects and the floating Dock conveys. The uses for this property are endless; with short term rental options or to use in an In-law suite capacity it is sure to meet anyones needs with versatility. This property would make a great family home or is PERFECT for Short Term Rental, River Front Properties that are close to the parks are hard to come by, this home offers a sound investment opportunity. Don’t Miss out on the one in a lifetime opportunity!
  • Price:
  • $1,050,000
  • Bedrooms:
  • 3
  • Full Baths:
  • 3
  • Half Baths:
  • 1
  • Square Footage:
  • 2,620
  • Acreage:
  • 0.46
  • Year Built:
  • 1962
  • Listing ID #:
  • MFROM639160
  • Street Address:
  • 12157 Palmetto Way
  • City:
  • Dunnellon
  • State:
  • Florida
  • Postal Code:
  • 34432
  • County:
  • Marion
  • Community:
  • Dunnellon
  • Subdivision:
  • Rainbow River Acres
  • Listing Status:
  • Active
  • Listing Type:
  • Single Family Residence
2
out of 5

Dunnellon Elementary School
Public
School Grade Level PRESCHOOL-5
School Students 580 students
School Teachers 13 student/
teacher
2
out of 5

Dunnellon Middle School
Public
School Grade Level 6-8
School Students 640 students
School Teachers 17 student/
teacher
2
out of 5

Dunnellon High School
Public
School Grade Level 9-12
School Students 1280 students
School Teachers 19 student/
teacher
  • Approximate Total Liveable Area:
  • 2620
  • Building Faces:
  • West
  • Building Security:
  • Security System
  • Construction Type:
  • Block, Concrete, Stucco
  • Exterior Features:
  • Fence
  • Fireplace:
  • Gas
  • Fireplace:
  • Yes
  • Flooring:
  • Carpet, Tile, Wood
  • Foundation:
  • Slab
  • Furnished:
  • Negotiable
  • Interior Features:
  • Ceiling Fans(s), Open Floorplan, Skylight(s), Thermostat, Walk-In Closet(s)
  • Stories:
  • 2
  • Stories:
  • Two
  • Total Building Square Footage:
  • 3057
  • Type Of Roof:
  • Shingle
  • View:
  • Trees/Woods, Water
  • Year Built:
  • 1962
  • Conforms To Zoning:
  • R3a
  • Federal Flood Zone:
  • Ae
  • Lot Features:
  • Paved
  • Lot Square Footage:
  • 20038
  • Road Type:
  • Paved
  • Vegetation:
  • Mature Landscaping, Trees/Landscaped
  • Can Be Leased:
  • 1
  • Days On Market:
  • 40
  • Minimum Lease Term:
  • No Minimum
  • On Market Date:
  • 2022-05-20
  • Originating Mls:
  • Mfrmls
  • Previous Listing Price:
  • 1100000
  • Terms:
  • Cash, Conventional
  • Homestead:
  • 1
  • Ownership:
  • Fee Simple
  • Property Taxes:
  • $7,246
  • Tax Year:
  • 2021
  • Fence:
  • Vinyl
  • Garage Parking Spaces:
  • 4
  • Has Attached Garage:
  • Yes
  • Has Garage:
  • Yes
  • Parking Description:
  • Driveway, Ground Level, Off Street, Parking Pad, Tandem, Workshop In Garage
  • Patio Description:
  • Covered, Front Porch, Rear Porch, Screened
  • Water Extras:
  • Dock - Wood
  • Appliances:
  • Dishwasher, Microwave, Range, Refrigerator
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Heating:
  • Central, Electric
  • Laundry:
  • In Garage
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Bb/Hs Internet Available, Electricity Connected
  • Has Water Access:
  • 1
  • Water Access Type:
  • River
  • Water Name:
  • Rainbow River
  • Water View:
  • 1
  • Water View Description:
  • River
  • Waterfront:
  • Yes
  • Waterfront Description:
  • River Front
  • Waterfront Footage:
  • 95
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By MAGNOLIA HOMESTEAD REALTY
  • © 2022 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.
    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
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