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About This Home

This 2-bedroom, 2-bathroom single family at 1136 SW SHOREWOOD DRIVE in Dunnellon, FL is listed for $299,900 ($178 per sqft). Built in 1968, the home offers 1,685 sqft of living space on a 0.59 acres lot.

Agent Description

!!!Beautifully Updated Lakefront Home in Rainbow Lakes Estates!!!

Welcome to this move-in-ready 2-bedroom, 2-bath home situated on a spacious .59-acre lot overlooking Tiger Lake in desirable Rainbow Lakes Estates. Completely renovated from top to bottom, this charming waterfront property combines modern upgrades, comfortable living spaces, and peaceful natural surroundings.

Inside, you’ll find a bright open floor plan featuring a beautifully updated kitchen with granite countertops, stainless steel appliances, and a large center island perfect for entertaining. Waterproof luxury vinyl plank flooring flows throughout the home, while updated bathrooms, modern fixtures, and fresh interior and exterior paint create a clean, contemporary feel.

The spacious Florida room, complete with its own mini-split system, offers additional year-round living space and relaxing views of the lake. Major improvements include energy-efficient vinyl windows, blown-in insulation, upgraded lighting, a 200-amp electrical panel, Roof replaced in 2021, and HVAC updated in 2017.

Step outside to enjoy the brick paver patio, newly built dock, utility shed, attached 1-car garage, and covered carport — all designed to make the most of Florida outdoor living.

Residents of Rainbow Lakes Estates enjoy access to a variety of community amenities including a clubhouse, fitness center, community center, youth center, playgrounds, tennis courts, basketball courts, and nearby parks and recreation areas. Conveniently located near Dunnellon, you’ll be just a short drive from shopping, dining, and outdoor adventures on the Rainbow River and Withlacoochee River.

With its updated interior, peaceful setting, and proximity to popular outdoor recreation destinations, this property also offers excellent potential as a short-term rental, vacation getaway, or seasonal investment property.

Tiger Lake is currently experiencing historically low water levels due to the significant drought cycle affecting much of North Central Florida. Similar conditions have only occurred one other time in nearly 30 years. For buyers looking toward the future, this presents a rare opportunity to purchase waterfront property while pricing reflects current conditions, offering potential long-term value as regional water levels recover with future rainfall cycles.

Key Features

  • Built in 1968
  • 0.59 acre lot
  • Waterfront

Property Details

2 full
1968

Amenities

WaterfrontRV Parking

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$87

Estimates only. Actual payments may vary.

Location

1136 SW SHOREWOOD DRIVE

Dunnellon, FL 34431

RAINBOW LAKES ESTATE

Features & Amenities

Interior Features

Ceiling Fans(s)High CeilingsOpen FloorplanPrimary Bedroom Main FloorStone CountersThermostat

Exterior Features

PavedStorageDock

Property Details

Flooring

Vinyl

Construction

Block

Parking

BoatCoveredGarageGarage - Attached

Heating

Central

Cooling

Central AirDuctlessMulti Units

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasherWater - Softener

Questions & Answers

This 2-bedroom, 2-bathroom single family at 1136 SW SHOREWOOD DRIVE is listed at $299,900 ($178/sqft). The estimated monthly payment is $1,300 based on 20% down at 6.5% interest.

Key features include: Built in 1968, 0.59 acre lot, Waterfront. Interior Features: Ceiling Fans(s), High Ceilings, Open Floorplan. Exterior Features: Paved, Storage, Dock.

This property is listed by Cheri Jenkins and can be reached at 3522228420 or talktocj@outlook.com.

CJ

Cheri Jenkins

Agent at COOKIE KING REAL ESTATE, INC

(352) 222-8420

Listed by COOKIE KING REAL ESTATE, INC · View on Broker Site

MLS# OM725130· Source: listhub· Updated 9 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1136 SW SHOREWOOD DRIVE, Dunnellon, FL 34431

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