For sale

Price cut: $500 (8/7)

$249,500

20790 SW 88TH PLACE ROAD, DUNNELLON, FL 34431

2beds

1,425sqft

$1,747/mo

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Single Family Residence

Built in 1978

1.07 Acres Lot

$241,000 Zestimate^®

$175/sqft

$21/mo HOA

What's special

Existing officeCovered patio

Nestled among beautiful mature pine trees on a 1-acre lot in Rainbow Springs Woodlands, this 2-bedroom, 2-bath home offers 1,425 square feet of living space. Enjoy the peaceful setting from the covered patio, where a shady breeze creates the perfect place to relax. Currently used as a short-term rental, this home offers flexibility as a primary residence, seasonal retreat, or investment property. The existing office provides an opportunity for a potential third bedroom. Buyers may also choose to reconfigure the kitchen and living area to create a more open layout. Rainbow Springs Woodlands residents enjoy access to the community's private Rainbow River park, swimming pool, pickleball courts, clubhouse, and a variety of community activities. If you're looking for an affordable home on a full acre with the opportunity to make it your own while enjoying these sought-after amenities, this property is ready for your personal touch.

47 days
400
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Den/Library/Office

Primary bedroom

Features: Built-in Closet
Level: First
Area: 218.4 Square Feet
Dimensions: 13x16.8

Bedroom 2

Features: Walk-In Closet(s)
Level: First
Area: 180.88 Square Feet
Dimensions: 13.6x13.3

Balcony porch lanai

Features: No Closet
Level: First

Family room

Features: No Closet
Level: First
Area: 241.56 Square Feet
Dimensions: 19.8x12.2

Kitchen

Features: No Closet
Level: First

Living room

Features: No Closet
Level: First
Area: 286.74 Square Feet
Dimensions: 17.7x16.2

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Laundry: In Garage

Features

Living Room/Dining Room Combo
Flooring: Laminate, Tile, Vinyl
Doors: French Doors
Windows: Skylight(s)
Has fireplace: No

Interior area

Total structure area: 2,219
Total interior livable area: 1,425 sqft

Video & virtual tour

Property

Parking

Total spaces: 1
Parking features: Driveway, Open
Attached garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Exterior features: Fire Pit, Private Mailbox
Has view: Yes
View description: Trees/Woods
Waterfront features: River Access
Body of water: RAINBOW RIVER

Lot

Size: 1.07 Acres
Features: Near Golf Course
Residential vegetation: Wooded

Details

Additional structures: Shed(s)
Parcel number: 3292073029
Zoning: A1
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Florida
Property subtype: Single Family Residence

Materials

Stucco
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1978

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Cable Connected, Electricity Connected

Community & HOA

Community

Features: River, Water Access, Deed Restrictions, Golf Carts OK, Pool, Restaurant, Tennis Court(s)
Pet fee: $0 monthly
Subdivision: RAINBOW SPGS 01 REP

HOA

Has HOA: Yes
Amenities included: Basketball Court, Fitness Center, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s), Trail(s)
Services included: Community Pool, Pool Maintenance, Recreational Facilities, Security
HOA fee: $21 monthly
HOA name: Amy Martin
HOA phone: 352-489-1621

Location

Region: Dunnellon

Financial & listing details

Price per square foot: $175/sqft
Tax assessed value: $214,396
Annual tax amount: $3,776
Date on market: 7/22/2026
Cumulative days on market: 48 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$241,000

$229,000 - $253,000

$1,638/mo

Price history

Date	Event	Price
8/7/2026	Price change	$249,500-0.2%$175/sqft
Source: Stellar MLS #OM728747 Report a problem
7/23/2026	Listed for sale	$250,000$175/sqft
Source: Stellar MLS #OM728747 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,776 +14.3%	$211,101 +10%
2024	$3,302 +202.6%	$191,910 +113.5%
2023	$1,091 +3.4%	$89,870 +3%
2022	$1,055 +1.1%	$87,252 +3%
2021	$1,044 +1.2%	$84,711 +1.4%
2020	$1,032 +2.1%	$83,541 +2.3%
2019	$1,011	$81,663 +1.9%
2018	$1,011 +7%	$80,140 +2.1%
2017	$945 +3.7%	$78,492 +2.1%
2016	$911	$76,878 +0.7%
2015	$911 +6.3%	$76,344 +0.8%
2014	$857 -8.4%	$75,738 -6.6%
2013	$936 +1.6%	$81,063 +1.7%
2012	$921 -7.2%	$79,708 -5.3%
2011	$993 +2.4%	$84,155 +1.5%
2010	$969 +5.3%	$82,911 +2.7%
2009	$921 +1.1%	$80,731 +0.1%
2008	$911 -13.7%	$80,651 +3%
2007	$1,055 -4.7%	$78,302 +2.5%
2006	$1,107 +4%	$76,394 +3%
2005	$1,065	$74,168 +3%
2004	$1,065 -7.3%	$72,008 -2.4%
2002	$1,149 -24.1%	$73,755 +8.4%
2001	$1,513	$68,030
2000	$1,513	$68,030