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Land with Home for Sale in Dunnellon, Florida

20540 SW 5th Pl, Dunnellon, FL 34431

$850,000
19.2 acres
Active sale
ago
Est $4,355/mo

Overlooking 19+ acres to the North end of Dunnellon, this versatile farm offers a great combination of privacy and potential– all with no HOA restrictions! Conveniently located just around the corner from US 41 and a short drive from both the World Equestrian Center, HITS, and Ocala’s variety of shopping and dining options, this farm is perfectly positioned to get the most out of Central Florida’s exciting equestrian lifestyle. Designed for both efficiency and flexibility, the property features a 12-stall center-aisle barn complete with feed and tack rooms, 5 pastures/paddocks, and lush bahia grass fields that were previously used for hay production. Whether your focus is training, boarding, or passive seasonal rental income, the farm is well suited for a variety of uses, skill-levels, and disciplines with ample opportunity to further customize if desired. Two residences are currently established on property: The main home is a 3-bedroom, 2-bath block home with over 1,300 sqft of space. Updates to this home include a new roof in 2024 and new HVAC in 2022. The secondary home is a 3-bedroom, 2-bathroom mobile home built in 2015, offering plenty of flexibility for guests, in-laws, or potential rental income. This would be a great option for those looking to take advantage of the local equestrian and outdoor tourism with an AirBnb or VRBO with Rainbow Springs State Park, the Rainbow River, and the Goethe State Forest just minutes away. With no HOA, established infrastructure, and multiple opportunities for income through boarding, seasonal rentals, or Airbnb/VRBO potential, this is a rare opportunity to own a centrally located farm in one of Marion County’s most desirable equestrian corridors!

1,334
Sq feet
3
Beds
2
Full baths
1997
Built

Location

Street address
20540 SW 5th Pl
Community
Farm Non-Sub
Elevation
91 feet
Coordinates
29.1807, -82.4629

Directions

From WEC Ocala, drive west on 40. Turn right onto HWY 328. South on 41. Second Right on SW 5th PL. Travel 1.4 miles and property will be on the left hand side.

Property details

Acreage
19.17 acres
Zoning
A1
MLS #
MFRMLS OM725007
Posted

Property taxes

2025
$3,332

Parcels

  • 17306-004-00

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Farm

Exterior

Parking
Garage, Garage-Attached
Structures
Storage

Structure

Heating
Electric
Cooling
Central Air
Materials
Cement Siding
Roof
Shingle

Interior

Room Count
3
Rooms
Bathroom x 2, Bedroom x 3, Kitchen, Living Room
Flooring
Tile, Wood
Appliances
Dishwasher, Microwave, Range, Refrigerator, Washer
Features
Walk-In Closet(s)

Listing history

DateEventPriceChangeSource
May 21, 2026New listing$850,000MFRMLS
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This 19.17-acre property is located at 20540 SW 5th Pl in Dunnellon, FL 34431. The property is available for sale for $850,000. It has a 1,334 sq ft 3 bedroom, 2 bath house built in 1997.

Listed by Showcase Properties of Central, (352) 351-4718

Checked 1 hour agoUpdated Source

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