Skip main navigation
New construction
  • Price cut: $4K (3/10)
    $218,990

    427 SW Alvarez Rd, Dunnellon, FL 34431

    3beds
    1,140sqft
    : 
    Single Family Residence
    Built in 2026
    0.25 Acres Lot
    $219,000 Zestimate®
    $192/sqft
    $-- HOA

    What's special

    High ceilingsGranite-style countertopsAmple storageRecessed lightingWhite cabinetry
    One or more photo(s) has been virtually staged. Under Construction. PRICE REDUCED, NEW CONSTRUCTION, ALMOST COMPLETE, DON’T MISS IT This brand-new 2026 single-level home in Rainbow Lakes Estates, Dunnellon is nearly finished, offering a rare opportunity to secure new construction without the long wait. The open living and dining area features high ceilings, recessed lighting, and sliding glass doors that bring in natural light and lead to the backyard. The kitchen includes white cabinetry, granite-style countertops, and upgraded Whirlpool stainless steel appliances. The primary suite offers a walk-in closet and private bath with a walk-in shower and matte-black fixtures. Additional highlights include luxury vinyl plank flooring throughout, an indoor laundry room with sink and built-ins, ample storage, and energy-efficient concrete block construction. No HOA. Conveniently located just minutes from Rainbow Springs State Park, the Withlacoochee River, and the World Equestrian Center. Now offered at a newly reduced price, opportunities like this don’t stay available for long. One or more photos have been virtually staged.
    48 days
    |
    324
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: 18 hours ago

    Listing Provided by:

    Tatiane De Arruda Estevanato Ho 321-666-1737,

    WRA BUSINESS & REAL ESTATE 407-512-1008

    Source: Stellar MLS,MLS#: O6350267MLS LogoOriginating MLS: Orlando Regional

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Kitchen
      • Features: Granite Counters
      • Level: First
      Living room
      • Level: First
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Convection Oven, Dishwasher, Electric Water Heater, Microwave, Refrigerator
      • Laundry: Electric Dryer Hookup, Inside, Washer Hookup
      Features
      • Walk-In Closet(s)
      • Flooring: Luxury Vinyl, Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 1,400
      • Total interior livable area: 1,140 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage Door Opener
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Other
      Lot
      • Size: 0.25 Acres
      • Dimensions: 77 x 143
      Details
      • Parcel number: 1816501043
      • Zoning: R1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Under Construction
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder model: El Doral
      • Builder name: HQ Construction

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Features: Park
      • Subdivision: RAINBOW LAKES ESTATES
      HOA
      • Has HOA: No
      • Pet fee: $0 monthly
      Location
      • Region: Dunnellon

      Financial & listing details

      • Price per square foot: $192/sqft
      • Annual tax amount: $221
      • Date on market: 10/10/2025
      • Cumulative days on market: 95 days
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        $219,000

        $208,000 - $230,000

        $1,604/mo

        Price history

        Price history
        DateEventPrice
        3/10/2026Price change$218,990-1.8%$192/sqft
        Source: Stellar MLS #O6350267 Report a problem
        2/11/2026Price change$223,000+1.4%$196/sqft
        Source: Stellar MLS #O6350267 Report a problem
        1/28/2026Listed for sale$219,900$193/sqft
        Source: Stellar MLS #O6350267 Report a problem
        11/25/2025Listing removed$219,900$193/sqft
        Source: Stellar MLS #O6350267 Report a problem
        10/10/2025Listed for sale$219,900$193/sqft
        Source: Stellar MLS #O6350267 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $1,345/mo
        Principal & interest
        $1049
        Property taxes
        $296
        More affordability tools

          Climate risks

          Neighborhood: Rainbow Lakes Estates

          Getting around

          0 / 100
          Car-Dependent
          24 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Romeo 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.

          Local experts in 34431

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel