Pending

$244,000

128 SW Alvarez Rd, Dunnellon, FL 34431

3beds

1,509sqft

Est.:

Single Family Residence

Built in 2025

0.25 Acres Lot

$243,900 Zestimate^®

$162/sqft

$-- HOA

What's special

Covered lanaiMassive granite islandModern pendant lightingVaulted ceilingsStainless steel appliancesSoft close cabinetry

Vaulted ceilings and a massive granite island immediately set the tone in this new construction home in Dunnellon. The open layout feels bright and functional, with luxury vinyl plank flooring throughout and no carpet anywhere. The kitchen connects seamlessly to the main living space and features soft close cabinetry, stainless steel appliances, modern pendant lighting, and black hardware for a sharp, updated look. The primary suite includes dual sinks and a fully tiled walk in shower with glass enclosure. A split floor plan offers privacy from the secondary bedrooms. Situated on a wooded homesite in Rainbow Lakes Estates with a covered lanai and solid concrete block construction. Located minutes from Rainbow Springs, the Rainbow River, Tiger Lake, and downtown Dunnellon. Move in ready with modern finishes throughout.

35 days

601

37

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Primary Suite
Level: Main
Dimensions: 14.00 x 13.00

Dining room

Level: Main
Dimensions: 10.00 x 9.00

Great room

Features: Ceiling Fan(s)
Level: Main
Dimensions: 16.00 x 15.00

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Electric Oven, Microwave, Refrigerator, Water Heater

Features

Dual Sinks, Eat-in Kitchen, High Ceilings, Primary Suite, Open Floorplan, Pantry, Stone Counters, Split Bedrooms, Shower Only, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wood Cabinets
Flooring: Luxury Vinyl Plank

Interior area

Total structure area: 1,949
Total interior livable area: 1,509 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Driveway, Garage, Paved, Garage Door Opener
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Exterior features: Paved Driveway
Pool features: None

Lot

Size: 0.25 Acres
Features: Cleared

Details

Parcel number: 3401620000
Zoning: R1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence

Materials

Stucco
Foundation: Block, Slab
Roof: Asphalt,Shingle

Condition

New Construction
New construction: Yes
Year built: 2025

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Rainbow Lakes Estates

HOA

Has HOA: No

Location

Region: Dunnellon

Financial & listing details

Price per square foot: $162/sqft
Tax assessed value: $7,250
Annual tax amount: $240
Date on market: 2/11/2026
Cumulative days on market: 36 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$243,900

$232,000 - $256,000

$1,755/mo

Price history

Date	Event	Price
3/9/2026	Pending sale	$244,000$162/sqft
Source: Realtors Association of Citrus County #852250 Report a problem
2/11/2026	Listed for sale	$244,000+6871.4%$162/sqft
Source: Realtors Association of Citrus County #852250 Report a problem
9/16/2008	Sold	$3,500$2/sqft
Source: Public Record Report a problem
6/23/2008	Sold	$3,500$2/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$226 +20.7%	$7,250 +134.9%
2023	$187 +44.8%	$3,086 +10%
2022	$129 +13.7%	$2,805 +10%
2021	$114 -0.3%	$2,550
2020	$114 -0.6%	$2,550 +5.4%
2019	$115	$2,420 -16.6%
2018	$115 +11.7%	$2,900 +45%
2017	$103 +0.4%	$2,000
2016	$102	$2,000 +7%
2015	$102 +6%	$1,870 +10%
2014	$96 +0.4%	$1,700
2013	$96 +0.1%	$1,700
2012	$96 -15%	$1,700 -35.4%
2011	$113 -14.8%	$2,633 -30%
2010	$133 -7.9%	$3,762 -16.7%
2009	$144 -66.5%	$4,514 -79.3%
2008	$430 +2.4%	$21,820
2007	$420 +22.2%	$21,820 +45%
2006	$343	$15,048 +300%
2005	--	$3,762