
Residential Land for Sale in Dunnellon, Florida
NW Alvarez Rd, Dunnellon, FL 34431
Buildable Lot in Desirable Rainbow Lake Estates! Don't miss this opportunity to own a buildable lot on a paved road in the sought-after Rainbow Lake Estates community. Surrounded by many new and well-maintained homes, this lot is ideal for building your dream home in a peaceful, natural setting.Located just:15 minutes from Rainbow Springs State Park for swimming, kayaking, and hiking 20 minutes to downtown Dunnellon for shopping, dining, groceries, and medical services 30 minutes to the Gulf, perfect for fishing and boating trips, This high and dry property is nestled in a quiet, no-HOA neighborhood, offering you freedom and flexibility. Enjoy the Florida lifestyle with endless outdoor recreation nearby. Build now or hold for investment--this is a great opportunity in a growing area!
Location
- Street address
- NW Alvarez Rd
- County
- Marion County
- Community
- Rainbow Lakes Estate
- Elevation
- 97 feet
Directions
From Ocala, take W Hwy 40 (SR 40) west toward Dunnellon. Turn right onto US-41 North. Continue for approximately 2 miles, then turn left onto NW 27th Street. Follow to NW Alvarez Road and turn right. Property will be on the left - look for sign.
Property details
- Lot size
- 0.25 acres10,890 sq ft
- Zoning
- R1
- MLS #
- MFRMLS OM711057
- Posted
Property taxes
- 2024
- $177
Parcels
- 18161001-047
Legal description
SEC 18 TWP 15 RGE 18 PLAT BOOK G PAGE 90 RAINBOW LAKES ESTATES RESUB OF SEC O BLKS 4,5,6,10,11 BLK 10A LOT 47
Resources
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Romeo Elementary School | Elementary | — | — |
| Dunnellon Middle School | Middle | — | — |
| Dunnellon High School | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 8, 2025 | New listing | $14,900 | — | MFRMLS |



















