0000 SE 116 Lane, Dunnellon, FL 34431

Property Description

Escape to your own slice of Old Florida charm with this over an acre, affordable, and ready-to-build homesite in the peaceful community of Rainbow Lakes Estates! This parcel offers BACKS UP TO A MASSIVE 50+ ACRE PROPERTY offering rare privacy. The perfect opportunity to create your dream retreat, investment property, or future homestead—all with no HOA, no CDD, and no time limit to build, giving you complete flexibility to design on your timeline. This parcel is on a quiet street with new construction emerging and electric available. Surrounded by some of Florida's most breathtaking natural attractions, this location is a true haven for outdoor enthusiasts. Just minutes away, you'll find the world-famous Rainbow Springs State Park, known for its crystal-clear waters, tubing, kayaking, and lush walking trails. Spend your days exploring trails, swimming in pristine springs, or enjoying peaceful picnics under the canopy of mature oaks. Adventure continues nearby at the scenic Withlacoochee River, where boating, fishing, and kayaking are part of everyday life. Looking for even more to explore? You're also within reach of the Gulf via Dunnellon and Crystal River, offering saltwater fishing, scalloping, and unforgettable sunset views. For land lovers and thrill seekers, this area delivers—endless dirt roads and nearby trail systems make it perfect for ATV riding, dirt biking, hiking, and horseback adventures. Nature preserves and forested areas surround you, creating a peaceful yet active lifestyle that's hard to find at this price point. And speaking of value—this is where opportunity truly shines. Rainbow Lakes Estates is known for its affordability and growth potential, making it ideal for both long-term investors and buyers looking to secure land in a rapidly appreciating part of Florida. With plenty of space for your vision and minimal restrictions, the possibilities here are wide open. Enjoy quiet, rural living while still being a short drive to Dunnellon, Ocala, Crystal River, and the Gulf Coast—giving you the perfect balance of privacy and convenience. Whether you're planning your future build, creating a weekend escape, or investing in Florida land, this property checks every box. Drive by today and start envisioning your Real Life Paradise!

Listing Status:

Active

Date Added:

March 27, 2026

Data Last Updated:

March 30, 2026 at 7:18AM

Listing Office:

EXP Realty LLC : 888-883-8509

Listing Agent:

Elaine R. R Davis : 617-777-5863

MLS ID:

B26007875

Location

• Road/Access: County Road
• Originating MLS: BEACH_BEACH
• County: Levy

Lot

• Zoning: Vac Res24-15-17 RAINBOW LAKES EST BLK 10 LOT 24 OR BOOK 802 PAGE 6940683302000
• View: CityView
• Current Use: ResidentialSingle FamilyVacant

Utilities

• Utilities: Electricity Available
• Water: Well
• Sewer: Septic Tank

Financial

• Source: BEACH_BEACH