Under Construction. This stunning new home, currently under construction in the highly desirable Rainbow Lakes Estates, offers modern design and comfort in a welcoming community. The open concept living area seamlessly flows into the dining space, perfect for entertaining. The split bedroom plan provides privacy, with the master suite separated from the other bedrooms for a peaceful retreat. The contemporary kitchen features real wood cabinets, elegant granite countertops, and stainless-steel appliances, ideal for preparing meals and hosting guests. The home includes luxury LVP flooring throughout for easy maintenance and a sleek, modern look. Both bathrooms feature full tile for a sophisticated, durable finish. A large one-car garage provides ample space for extra storage. Step outside to the large, covered patio in the back—perfect for enjoying your morning coffee, relaxing, or hosting outdoor gatherings. Located in a vibrant community with paved streets, Rainbow Lakes Estates also offers a Lakes Community Center with a library, playground, and outdoor exercise area—everything you need for an active and fulfilling lifestyle.
Sold for $195,000
$195,000
368 SW Alvarez Rd, Dunnellon, FL 34431
3beds
1,013sqft
Single Family Residence
Built in 2024
0.25 Acres Lot
$188,100 Zestimate®
$192/sqft
$1,536 Estimated rent
Home value
$188,100
$167,000 - $211,000
$1,536/mo
Zestimate® history
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$1,536/mo
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$1,258/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 08:58am
Listing Provided by:
William Stiles 352-342-2206,
LOKATION 954-545-5583
Bought with:
Cynthia Kauffman, 3386604
SOUTHERN ASSOCIATES REALTY LLC
Source: Stellar MLS,MLS#: OM692927
Originating MLS: Lakeland
Originating MLS: Lakeland
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Primary bathroom
- Level: First
Bathroom 2
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Crown Molding, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s)
- Flooring: Luxury Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,457
- Total interior livable area: 1,013 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
Lot
- Size: 0.25 Acres
- Dimensions: 77 x 143
Details
- Parcel number: 1816502018
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Under Construction
- New construction: Yes
- Year built: 2024
Details
- Builder model: New
- Builder name: ISC
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Dunnellon
- Subdivision: RAINBOW LAKES ESTATES SEC O
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2025 | Sold | $195,000-2.5%$192/sqft |
Source:  Stellar MLS #OM692927 Report a problem | ||
| 3/14/2025 | Pending sale | $199,900$197/sqft |
Source: Stellar MLS #OM692927 Report a problem | ||
| 3/11/2025 | Price change | $199,900-1.5%$197/sqft |
Source: Stellar MLS #OM692927 Report a problem | ||
| 2/22/2025 | Price change | $202,900-1%$200/sqft |
Source: Stellar MLS #OM692927 Report a problem | ||
| 2/8/2025 | Price change | $204,900-2.4%$202/sqft |
Source: Stellar MLS #OM692927 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $222 -0.7% | $6,848 +10% |
| 2023 | $223 +72.5% | $6,225 +121.9% |
| 2022 | $129 +13.7% | $2,805 +10% |
Find assessor info on the county website
Neighborhood: Rainbow Lakes Estates
Nearby schools
GreatSchools rating
- 3/10Romeo Elementary SchoolGrades: PK-5Distance: 5.4 mi
- 4/10Dunnellon Middle SchoolGrades: 6-8Distance: 9.4 mi
- 2/10Dunnellon High SchoolGrades: 9-12Distance: 9.8 mi
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Estimated market value
$188,100
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
$188,100
- Florida
- Marion County
- Dunnellon
- 34431
- Rainbow Lakes Estates
- 368 SW Alvarez Rd