390 SW SHOREWOOD DRIVE DUNNELLON FL 34431 MLS #OM697714

390 SW SHOREWOOD DRIVE
DUNNELLON, FL, 34431
$359,900
3 Beds
2.5 Baths
1,604 SqFt
1.09 Acres
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MLS #OM697714 image #0
Under contract-accepting backup offers. Price Improvement! Waterfront Home with Detached Garage, Boathouse & Over an Acre on Lake Bonable. Experience the tranquility of waterfront living in this 3-bedroom, 2.5-bath home situated on over an acre in Rainbow Lakes Estates. This property offers approximately 288 feet of private lake frontage on Lake Bonable, the largest lake in the community. Lake Bonable is primarily fed by the Sand Slough watershed, which spans roughly 32.3 square miles and drains into the Waccasassa River basin. In addition to rainfall, groundwater contributes to sustaining lake levels year-round. The home features a modern kitchen with updated finishes that opens to a spacious dining area. A large great room includes a wood-burning fireplace, creating a warm and inviting atmosphere. The screened-in back porch and included hot tub provide the perfect space for relaxing and enjoying the peaceful views. Additional highlights include: Attached 2-car garage, detached 2-car garage/workshop, ideal for extra storage, vehicles, or hobby use, private boathouse, insulated attic with flooring for convenient storage, new dock boards just installed, well water line replace in 2025, windows replaced in 2023 and roof replaced in 2016. Rainbow Lakes Estates offers parks, walking trails, a clubhouse, and sports courts—with no HOA fees. Conveniently located near shopping, dining, and the natural beauty of Rainbow Springs, this property blends privacy, functionality, and scenic lakefront living.

Property Details

Price:
$359,900
MLS #:
OM697714
Status:
Pending
Beds:
3
Baths:
2.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
RAINBOW LAKES ESTATE
Neighborhood:
34431dunnellon
Listed Date:
Mar 21, 2025
Finished Sq Ft:
1,604
Total Sq Ft:
3,380
Lot Size:
47,480 sqft / 1.09 acres (approx)
Year Built:
1969
WaterfrontLakefrontCommunity Club House34431 – Dunnellon34431dunnellonRainbow Lakes EstateRomeo Elementary SchoolDunnellon Middle SchoolDunnellon High SchoolLake BonableWaterNo Minimum

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Schools

Elementary School:
Romeo Elementary School
Middle School:
Dunnellon Middle School
High School:
Dunnellon High School

Interior

Appliances
Dishwasher, Dryer, Freezer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Filtration System
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Carpet, Tile
Heating
Central
Laundry Features
Laundry Room

Exterior

Community Features
Clubhouse, Park
Construction Materials
Block, Concrete
Exterior Features
Lighting, Private Mailbox, Rain Gutters, Sliding Doors
Other Structures
Boat House, Workshop
Roof
Shingle

Financial

Tax Year
2024
Taxes
$1,518

Map

Community

Subdivisions in DUNNELLON

Market Summary

Current real estate data for Single Family in DUNNELLON as of Mar 13, 2026
602
Single Family Listed
123
Avg DOM
227
Avg $ / SqFt
$389,086
Avg List Price

Property Summary

    Located in the RAINBOW LAKES ESTATE subdivision, 390 SW SHOREWOOD DRIVE DUNNELLON FL is a Single Family for sale in DUNNELLON, FL, 34431. It is listed for $359,900 and features 3 beds, 3 baths, and has approximately 1,604 square feet of living space, and was originally constructed in 1969. The current price per square foot is $224. The average price per square foot for Single Family listings in DUNNELLON is $227. The average listing price for Single Family in DUNNELLON is $389,086. To schedule a showing of MLS#om697714 at 390 SW SHOREWOOD DRIVE in DUNNELLON, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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390 SW SHOREWOOD DRIVE
DUNNELLON, FL