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About This Home

This 3-bedroom, 2-bathroom single family at 20540 SW 5TH PLACE in Dunnellon, FL is listed for $850,000 ($637 per sqft). Built in 1997, the home offers 1,334 sqft of living space on a 19.17 acres lot.

Agent Description

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!

Key Features

  • Built in 1997
  • 19.17 acre lot

Property Details

2 full
1997

Monthly Cost Estimate

$4,546/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

20540 SW 5TH PLACE

Dunnellon, FL 34431

FARM NON-SUB

Features & Amenities

Interior Features

Walk-in Closet(s)

Exterior Features

Storage

Property Details

Flooring

TileWood

Construction

Cement Siding

Parking

GarageGarage - Attached

Heating

Electric (Heating)

Cooling

Central Air

Appliances

DishwasherMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 20540 SW 5TH PLACE is listed at $850,000 ($637/sqft). The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.

Key features include: Built in 1997, 19.17 acre lot. Interior Features: Walk-in Closet(s). Exterior Features: Storage.

This property is listed by Liz Gray and can be reached at 3523514718 or Elizabeth@ShowcaseOcala.com.

LG

Liz Gray

Agent at SHOWCASE PROPERTIES OF CENTRAL

(352) 351-4718

Listed by SHOWCASE PROPERTIES OF CENTRAL · View on Broker Site

MLS# OM725007· Source: listhub· Updated 12 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.

20540 SW 5TH PLACE, Dunnellon, FL 34431

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