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$265,000

4500 SW FRESHWATER COURT, DUNNELLON, FL 34431

3D Tour
Active1 days on market

Beds

2

Baths

3

Sq Ft

1,388 sq ft

Year Built

1968

Lot Size

0.62 acres

Garage

2

About This Property

Beautifully updated 2-bedroom, 2.5-bath home on a spacious 0.62-acre lot in desirable Rainbow Lakes Estates! This move-in-ready home offers 1,388 square feet of comfortable living space and has been thoughtfully updated with a new roof (2022), HVAC (2021), energy-efficient windows (2019–2021), screened lanai (2022), and brand-new kitchen appliances (2025). Den can be turned into a 3rd bedroom. The beautifully landscaped perennial gardens (2024–2026) provide exceptional curb appeal and year-round color. Outside, you'll also find a 20' shipping container, carport, and storage shed, offering plenty of room for hobbies, tools, or extra storage. Enjoy the relaxed Florida lifestyle with access to Rainbow Lakes Estates' clubhouse, fitness center, parks, playgrounds, tennis courts, fishing pier, and boat ramps on both Lake Bonable and Lake Tiger, perfect for fishing, kayaking, canoeing, and enjoying the outdoors. Conveniently located just minutes from Rainbow Springs State Park and the crystal-clear Rainbow River, and within easy driving distance of the World Equestrian Center, historic downtown Dunnellon, Ocala, Gainesville, Crystal River, and Florida's Gulf Coast, this home offers the perfect combination of modern updates, outdoor recreation, and small-town charm. USDA financing may be available for qualified buyers.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #OM728409
StatusActive
Year Built1968
Total Rooms5
ConstructionBlock
RoofShingle
FoundationSlab
FacesEast
SubdivisionRAINBOW LAKES ESTATES
CountyMarion
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Walk-In Closet(s)
FlooringLuxury Vinyl, Tile
AppliancesDishwasher, Electric Water Heater, Microwave, Range, Refrigerator
LaundryLaundry Room
CoolingCentral Air
HeatingHeat Pump

Exterior & Lot

ExteriorIrrigation System, Storage
Other StructuresOther, Shed(s), Storage
Lot Size0.62 acres (27,007 sq ft)
Road SurfacePaved
0

Utilities

WaterWell
SewerSeptic Tank
UtilitiesElectricity Connected

Parking

GarageYes (2 spaces)
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$265,000
Annual Taxes$3,589 (2025)
FinancingCash, Conventional, FHA, USDA Loan, VA Loan
ZoningR1
Parcel #1805000010

Schools

ElementaryRomeo Elementary School
MiddleDunnellon Middle School
HighDunnellon High School

Directions

From historic downtown Dunnellon, go north on US-41 (N Williams Street). Turn left onto SW Rainbow Lakes Boulevard, then left onto SW Zinnia Court. Turn right onto SW Beach Boulevard, then left onto SW Freshwater Court. Continue a short distance, and 4500 SW Freshwater Court will be on your right.

Location

4500 SW FRESHWATER COURT, DUNNELLON, FL 34431

Listing Information

OfficeRAINBOW SPRINGS REAL ESTATE
ListedJuly 17, 2026

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Home Price

$265,000

20% ($53,000)
6.75%

Loan Term

Principal & Interest$1,375
Property Tax (est.)$243
Insurance (est.)$150
Total Monthly$1,768
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $265,000 home in DUNNELLON.

🏛️

FHA Loan

$9,275 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$13,250 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 18, 2026.

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