Sold for $530,000 on 09/02/25
$530,000
21655 SW 89th St, Dunnellon, FL 34431
3beds
2,346sqft
Single Family Residence
Built in 2006
2.02 Acres Lot
$530,500 Zestimate®
$226/sqft
$2,922 Estimated rent
Home value
$530,500
$477,000 - $589,000
$2,922/mo
Zestimate® history
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What's special
Live Where the Forest Meets the River – Welcome to Rainbow Springs Woodlands, a community known for spacious landscapes around its homes and a very rare opportunity to have private access to the Rainbow River! Tucked away on 2 serene acres in the Rainbow Springs Woodlands, this stunning 3-bedroom, 2-bathroom pool home offers the kind of peaceful, nature-connected lifestyle most only dream about. Inside, you’ll find a comfortable office upon entry, a warm and welcoming layout, a well-appointed kitchen featuring Corian countertops and a central island, and plenty of room to gather. One of the bedrooms has been expanded into a billiards/game room—perfect for entertaining, but easily convertible back to a formal bedroom if desired. The spacious primary suite is a true getaway, complete with French doors that open to your private pool oasis. Once you step outside to the pool area, you will love the expansive and lush forest backdrop, a sparkling pool with a cascading fountain, and an oversized lanai with a full summer kitchen—ideal for holiday grilling or alfresco dining, or long, lazy afternoons by the water. Most exciting about this home is also its private access to the legendary Rainbow River—one of Florida’s most breathtaking natural treasures. Imagine launching your kayak or paddleboard into crystal-clear spring-fed waters, swimming with otters, or just drifting under the cypress trees as the world fades away. Residents also enjoy top-tier amenities, including a community pool, tennis and pickleball courts, a clubhouse with billiards and game rooms, and the lively Cheers Restaurant, where locals gather for live music every Friday and Saturday night. All of this, just a short drive to restaurants, shopping, and grocery stores, within 30 minutes to Ocala (and the World Equestrian Center), 45 minutes to Gainesville, and under 2 hours to the Tampa or Orlando theme parks, airports, and some of Florida’s most popular beaches. Discover the magic of Rainbow River living—schedule your private tour today!
Zillow last checked: 8 hours ago
Listing updated: September 05, 2025 at 03:25am
Listing Provided by:
Julie Beck 352-804-8803,
KELLER WILLIAMS CORNERSTONE RE 352-369-4044
Bought with:
Brad Smith, 550985
UNITED COUNTRY SMITH & ASSOCIATES - NEWBERRY
Source: Stellar MLS,MLS#: OM706337
Originating MLS: Ocala - Marion

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 313.02 Square Feet
- Dimensions: 14.1x22.2
Bedroom 2
- Features: Walk-In Closet(s)
- Level: First
- Area: 208 Square Feet
- Dimensions: 16x13
Bedroom 3
- Features: Ceiling Fan(s), No Closet
- Level: First
- Area: 265.65 Square Feet
- Dimensions: 16.5x16.1
Balcony porch lanai
- Level: First
- Area: 1591.65 Square Feet
- Dimensions: 39.3x40.5
Balcony porch lanai
- Level: First
- Area: 313.02 Square Feet
- Dimensions: 14.1x22.2
Dining room
- Level: First
- Area: 162.36 Square Feet
- Dimensions: 12.3x13.2
Kitchen
- Level: First
- Area: 156.51 Square Feet
- Dimensions: 14.1x11.1
Kitchen
- Level: First
- Area: 156.51 Square Feet
- Dimensions: 14.1x11.1
Living room
- Level: First
- Area: 352.44 Square Feet
- Dimensions: 17.8x19.8
Office
- Level: First
- Area: 110 Square Feet
- Dimensions: 10x11
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener
- Laundry: Laundry Room
Features
- Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Tile
- Doors: Outdoor Kitchen
- Has fireplace: No
Interior area
- Total structure area: 4,412
- Total interior livable area: 2,346 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Irrigation System, Lighting, Outdoor Kitchen, Sprinkler Metered, Storage
- Has private pool: Yes
- Pool features: In Ground, Salt Water, Screen Enclosure
- Waterfront features: River Access
- Body of water: RAINBOW RIVER
Lot
- Size: 2.02 Acres
- Dimensions: 198 x 445
Details
- Parcel number: 3292016025
- Zoning: A1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Dunnellon
- Subdivision: RAINBOW SPGS 01 REP
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $20 monthly
- Association name: Rainbow Springs POA - Amy Martin
- Association phone: 352-489-1621
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2025 | Sold | $530,000+1%$226/sqft |
Source: | ||
| 8/4/2025 | Pending sale | $525,000$224/sqft |
Source: | ||
| 7/27/2025 | Listed for sale | $525,000+1650%$224/sqft |
Source: | ||
| 9/15/2004 | Sold | $30,000$13/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,909 +2.6% | $211,638 +3% |
| 2023 | $2,835 +2.9% | $205,474 +3% |
| 2022 | $2,755 +0.2% | $199,489 +3% |
Find assessor info on the county website
Neighborhood: 34431
Nearby schools
GreatSchools rating
- 5/10Dunnellon Elementary SchoolGrades: PK-5Distance: 4 mi
- 4/10Dunnellon Middle SchoolGrades: 6-8Distance: 3.1 mi
- 2/10Dunnellon High SchoolGrades: 9-12Distance: 4.2 mi
Schools provided by the listing agent
- Elementary: Dunnellon Elementary School
- Middle: Dunnellon Middle School
- High: Dunnellon High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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$530,500
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$541,110