427 SW ALVAREZ ROAD DUNNELLON FL 34431 MLS #O6350267

427 SW ALVAREZ ROAD
DUNNELLON, FL, 34431
$218,990
3 Beds
2 Baths
1,140 SqFt
0.25 Acres
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MLS #O6350267 image #0
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.

Property Details

Price:
$218,990
MLS #:
O6350267
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
RAINBOW LAKES ESTATES
Neighborhood:
34431dunnellon
Listed Date:
Oct 10, 2025
Finished Sq Ft:
1,140
Total Sq Ft:
1,400
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
2026
Newconstruction34431 – Dunnellon34431dunnellonRainbow Lakes EstatesRomeo Elementary SchoolDunnellon Middle SchoolDunnellon High School6 Months

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Schools

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

Interior

Appliances
Convection Oven, Dishwasher, Electric Water Heater, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Luxury Vinyl, Tile
Heating
Central
Laundry Features
Electric Dryer Hookup, Inside, Washer Hookup

Exterior

Community Features
Park
Construction Materials
Block
Exterior Features
Other
Parking Features
Garage Door Opener
Roof
Shingle

Financial

Tax Year
2024
Taxes
$222

Map

Community

Subdivisions in DUNNELLON

Market Summary

Current real estate data for Single Family in DUNNELLON as of Mar 18, 2026
610
Single Family Listed
124
Avg DOM
225
Avg $ / SqFt
$382,706
Avg List Price

Property Summary

    Located in the RAINBOW LAKES ESTATES subdivision, 427 SW ALVAREZ ROAD DUNNELLON FL is a Single Family for sale in DUNNELLON, FL, 34431. It is listed for $218,990 and features 3 beds, 2 baths, and has approximately 1,140 square feet of living space, and was originally constructed in 2026. The current price per square foot is $192. The average price per square foot for Single Family listings in DUNNELLON is $225. The average listing price for Single Family in DUNNELLON is $382,706. To schedule a showing of MLS#o6350267 at 427 SW ALVAREZ ROAD in DUNNELLON, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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