1136 SW SHOREWOOD DRIVE DUNNELLON FL 34431 MLS #OM725130

1136 SW SHOREWOOD DRIVE
DUNNELLON, FL, 34431
$299,900
2 Beds
2 Baths
1,685 SqFt
0.59 Acres
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MLS #OM725130 image #0
!!!Beautifully Updated Lakefront Home in Rainbow Lakes Estates!!!
Welcome to this move-in-ready 2-bedroom, 2-bath home situated on a spacious .59-acre lot overlooking Tiger Lake in desirable Rainbow Lakes Estates. Completely renovated from top to bottom, this charming waterfront property combines modern upgrades, comfortable living spaces, and peaceful natural surroundings.
Inside, you’ll find a bright open floor plan featuring a beautifully updated kitchen with granite countertops, stainless steel appliances, and a large center island perfect for entertaining. Waterproof luxury vinyl plank flooring flows throughout the home, while updated bathrooms, modern fixtures, and fresh interior and exterior paint create a clean, contemporary feel.
The spacious Florida room, complete with its own mini-split system, offers additional year-round living space and relaxing views of the lake. Major improvements include energy-efficient vinyl windows, blown-in insulation, upgraded lighting, a 200-amp electrical panel, Roof replaced in 2021, and HVAC updated in 2017.
Step outside to enjoy the brick paver patio, newly built dock, utility shed, attached 1-car garage, and covered carport — all designed to make the most of Florida outdoor living.
Residents of Rainbow Lakes Estates enjoy access to a variety of community amenities including a clubhouse, fitness center, community center, youth center, playgrounds, tennis courts, basketball courts, and nearby parks and recreation areas. Conveniently located near Dunnellon, you’ll be just a short drive from shopping, dining, and outdoor adventures on the Rainbow River and Withlacoochee River.

With its updated interior, peaceful setting, and proximity to popular outdoor recreation destinations, this property also offers excellent potential as a short-term rental, vacation getaway, or seasonal investment property.

Tiger Lake is currently experiencing historically low water levels due to the significant drought cycle affecting much of North Central Florida. Similar conditions have only occurred one other time in nearly 30 years. For buyers looking toward the future, this presents a rare opportunity to purchase waterfront property while pricing reflects current conditions, offering potential long-term value as regional water levels recover with future rainfall cycles.

Property Details

Price:
$299,900
MLS #:
OM725130
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
RAINBOW LAKES ESTATE
Neighborhood:
34431dunnellon
Listed Date:
May 23, 2026
Finished Sq Ft:
1,685
Total Sq Ft:
1,973
Lot Size:
25,700 sqft / 0.59 acres (approx)
Year Built:
1968
WaterfrontLakefrontPrimary Bedroom Main FloorCommunity Club House34431 – Dunnellon34431dunnellonRainbow Lakes EstateTiger Lake/bonable LakeWaterNo Minimum

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Schools

Interior

Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Mini-Split Unit(s)
Flooring
Luxury Vinyl
Heating
Central
Interior Features
Ceiling Fan(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat
Laundry Features
Inside, Laundry Room
Levels
One

Exterior

Attached Garage YN
1
Community Features
Dock, Fishing, Lake, Public Boat Ramp, Waterfront, Association Recreation – Owned, Clubhouse, Fitness Center, Playground
Construction Materials
Block
Covered Spaces
1
Direction Faces
East
Exterior Features
Storage
Garage Spaces
1
Other Structures
Shed(s)
Parking Features
Boat, Covered
Patio And Porch Features
Patio
Roof
Shingle
View
Water
Waterfront Features
Lake, Waterfront, Lake Front
Window Features
Thermal Windows

Financial

Tax Year
2025
Taxes
$3,045

Map

Community

Subdivisions in DUNNELLON

Market Summary

Current real estate data for Single Family in DUNNELLON as of May 26, 2026
555
Single Family Listed
126
Avg DOM
226
Avg $ / SqFt
$392,122
Avg List Price

Property Summary

    Located in the RAINBOW LAKES ESTATE subdivision, 1136 SW SHOREWOOD DRIVE DUNNELLON FL is a Single Family for sale in DUNNELLON, FL, 34431. It is listed for $299,900 and features 2 beds, 2 baths, and has approximately 1,685 square feet of living space, and was originally constructed in 1968. The current price per square foot is $178. The average price per square foot for Single Family listings in DUNNELLON is $226. The average listing price for Single Family in DUNNELLON is $392,122. To schedule a showing of MLS#om725130 at 1136 SW SHOREWOOD DRIVE in DUNNELLON, FL, contact your LPT Realty agent at 813.694.8061.

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1136 SW SHOREWOOD DRIVE
DUNNELLON, FL
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