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.
Sold for $225,000
Zestimate®
$225,000
20790 SW 88TH PLACE ROAD, DUNNELLON, FL 34431
2beds
1,425sqft
Single Family Residence
Built in 1978
1.07 Acres Lot
$225,000 Zestimate®
$158/sqft
$1,673 Estimated rent
Home value
$225,000
$209,000 - $241,000
$1,673/mo
Zestimate® history
Owner options
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$1,673/mo
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$1,673/mo
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$1,678/mo
Est. payment
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$1,678/mo
Est. payment
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List your homeWhat's special
Existing officeCovered patio
Zillow last checked:
Listing updated:
Listed by:
Kara Billig 352-817-1657,
REAL BROKER, LLC 855-450-0442
Bought with:
Elizabeth Nieves, 3655232
GLOBALWIDE REALTY LLC
Wilbert Martinez Inoa, 3630726
GLOBALWIDE REALTY LLC
Source: Stellar MLS,MLS#: OM728747
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
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
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: $158/sqft
- Tax assessed value: $214,396
- Annual tax amount: $3,776
- Date on market: 7/22/2026
- Cumulative days on market: 51 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Sold | $225,000-9.8%$158/sqft |
Source:  Stellar MLS #OM728747 Report a problem | ||
| 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 |
Find assessor info on the county website
Neighborhood: 34431
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Nearby schools
GreatSchools rating
- 5/10Dunnellon Elementary SchoolGrades: PK-5Distance: 3.1 mi
- 4/10Dunnellon Middle SchoolGrades: 6-8Distance: 2.8 mi
- 2/10Dunnellon High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Dunnellon Elementary School
- Middle: Dunnellon Middle School
- High: Dunnellon High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$225,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$225,000
- Florida
- Marion County
- Dunnellon
- 34431
- 20790 SW 88TH PLACE ROAD
