Escape to your own slice of paradise with this exquisite luxury cottage, nestled along the crystal-clear waters of the Rainbow River in the serene Rio Vista subdivision. Built in 2008, this charming retreat is perfect as a romantic hideaway, a lucrative short-term rental, or the foundation for your dream home on a spacious .32-acre lot with nearly 80 feet of private river frontage. Step inside to discover a gourmet kitchen that’s a chef’s delight, featuring a professional-grade Viking stove and range, premium appliances, elegant shaker cabinetry, gleaming granite countertops, and a custom brick backsplash. The open-concept living and dining area exudes warmth with soaring vaulted wood ceilings, plush seagrass carpeting, and rich brick flooring, creating an inviting ambiance for relaxation or entertaining. The airy Main Suite area, seamlessly connected to the living space, offers serene comfort with luxurious seagrass carpet, while the spa-inspired Master Bath boasts an oversized granite-topped vanity, a tiled shower, brick floors, and a convenient stackable washer/dryer. Need extra space? A versatile loft with pull-down stairs provides additional sleeping quarters or ample storage. The cottage is crafted with durability and style in mind, featuring Hardie board siding, energy-efficient Anderson windows and doors, a sleek galvanized metal roof, and a tankless water heater for modern convenience. Outside, the expansive screened porch with brick flooring offers breathtaking river views, perfect for morning coffee or evening sunsets. The meticulously landscaped yard, complete with a matching storage shed, leads to your private dock and swimming area, inviting you to dive into the pristine waters of the Rainbow River. Currently a sought-after VRBO/Airbnb rental generating $350 a night, this cottage is both a tranquil retreat and a proven investment opportunity. As part of the exclusive Rio Vista community, you’ll enjoy access to a private 4-acre park with a boat ramp, picnic pavilions, and restrooms. Located in the vibrant small town of Dunnellon, you’re just minutes from charming shops, the World Equestrian Center, Historic Downtown Ocala Square, and the natural wonders of Florida’s Nature Coast. Don’t miss this rare opportunity to own a piece of Rainbow River paradise—schedule your private tour today!
For sale
$1,199,999
10801 SW 185th Ter, Dunnellon, FL 34432
1beds
520sqft
Est.:
Single Family Residence
Built in 2008
0.32 Acres Lot
$1,139,700 Zestimate®
$2,308/sqft
$-- HOA
What's special
Private dockVersatile loftPrivate river frontageGleaming granite countertopsOversized granite-topped vanitySpa-inspired master bathProfessional-grade viking stove
- 116 days |
- 498 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: September 03, 2025 at 06:38pm
Listing Provided by:
Kathy Schulz 727-698-7663,
EQUITY REALTY SUNCOAST 727-343-8100
Source: Stellar MLS,MLS#: TB8418268
Originating MLS: Suncoast Tampa

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Storage Closet
- Level: First
Bathroom 1
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Indoor Grill, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
- Laundry: Inside, Laundry Room
Features
- Cathedral Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat
- Flooring: Brick/Stone, Carpet
- Doors: French Doors, Outdoor Shower
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 760
- Total interior livable area: 520 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Outdoor Shower
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, River Access, Fishing Pier, Minimum Wake Zone, No Wake Zone
- Body of water: RAINBOW RIVER
Lot
- Size: 0.32 Acres
Details
- Parcel number: 3483001010
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Wood Frame
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Subdivision: RIO VISTA
HOA
- Has HOA: Yes
- HOA name: Bill Schulz
- HOA phone: 727-421-7337
- Pet fee: $0 monthly
Location
- Region: Dunnellon
Financial & listing details
- Price per square foot: $2,308/sqft
- Tax assessed value: $395,429
- Annual tax amount: $4,593
- Date on market: 8/17/2025
- Cumulative days on market: 400 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
$1,139,700
$1.08M - $1.20M
$1,307/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2025 | Listed for sale | $1,199,999$2,308/sqft |
Source: | ||
| 8/14/2025 | Listing removed | $1,199,999$2,308/sqft |
Source: | ||
| 8/12/2024 | Listed for sale | $1,199,999$2,308/sqft |
Source: | ||
| 2/9/2024 | Listing removed | -- |
Source: | ||
| 8/10/2023 | Listed for sale | $1,199,999-14.2%$2,308/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,425 +18.1% | $281,743 +10% |
| 2023 | $4,593 +9.2% | $256,130 +10% |
| 2022 | $4,206 +9.9% | $232,845 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,993/mo
Principal & interest
$5953
Property taxes
$1620
Home insurance
$420
Climate risks
Neighborhood: 34432
Nearby schools
GreatSchools rating
- 5/10Dunnellon Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Dunnellon Middle SchoolGrades: 6-8Distance: 2.6 mi
- 2/10Dunnellon High SchoolGrades: 9-12Distance: 1.1 mi
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