One or more photo(s) has been virtually staged. Under Construction. NEW CONSTRUCTION – MOVE-IN READY – NO HOA! Beautiful brand-new home sitting on a spacious 0.25-acre lot, offering comfort, privacy, and modern finishes. This 3-bedroom, 2-bathroom home features an open floor plan, bright living spaces, and a functional layout perfect for everyday living. Enjoy a large yard with plenty of space for outdoor activities, parking, or future additions — no HOA restrictions! Seller offering $4,500 toward buyer's closing costs. Conveniently located near Dunnellon, Ocala, and major roads for easy access. Perfect for first-time buyers, investors, or anyone looking for a new construction home at an affordable price. Schedule your showing today! Some photos are for illustrative purposes only. Actual home may vary.
New construction
Price cut: $7.1K (4/12)
$214,900
427 SW Alvarez Rd, Dunnellon, FL 34431
3beds
1,140sqft
Est.:
Single Family Residence
Built in 2026
0.25 Acres Lot
$214,900 Zestimate®
$189/sqft
$-- HOA
What's special
Modern finishesOpen floor planBright living spaces
- 95 days |
- 437 |
- 28 |
Zillow last checked:
Listing updated:
Listing Provided by:
Tatiane De Arruda Estevanato Ho 321-666-1737,
WRA BUSINESS & REAL ESTATE 407-512-1008
Source: Stellar MLS,MLS#: O6350267
Originating 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
- Pet fee: $0 monthly
- Subdivision: RAINBOW LAKES ESTATES
HOA
- Has HOA: No
Location
- Region: Dunnellon
Financial & listing details
- Price per square foot: $189/sqft
- Annual tax amount: $221
- Date on market: 10/10/2025
- Cumulative days on market: 141 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
Estimated market value
$214,900
$204,000 - $226,000
$1,649/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/12/2026 | Price change | $214,900-3.2%$189/sqft |
Source: | ||
| 4/1/2026 | Price change | $221,990+1.4%$195/sqft |
Source: | ||
| 3/10/2026 | Price change | $218,990-1.8%$192/sqft |
Source: | ||
| 2/11/2026 | Price change | $223,000+1.4%$196/sqft |
Source: | ||
| 1/28/2026 | Listed for sale | $219,900$193/sqft |
Source: | ||
| 11/25/2025 | Listing removed | $219,900$193/sqft |
Source: | ||
| 10/10/2025 | Listed for sale | $219,900$193/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
$1,395/mo
Principal & interest
$1105
Property taxes
$290
More affordability tools
Climate risks
Neighborhood: Rainbow Lakes Estates
Nearby schools
GreatSchools rating
- 3/10Romeo Elementary SchoolGrades: PK-5Distance: 5.3 mi
- 4/10Dunnellon Middle SchoolGrades: 6-8Distance: 9.2 mi
- 2/10Dunnellon High SchoolGrades: 9-12Distance: 9.7 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Marion County
- Dunnellon
- 34431
- Rainbow Lakes Estates
- 427 SW Alvarez Rd








