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$299,900
New Listing

1136 SW SHOREWOOD DRIVE
DUNNELLON, FL 34431

For Sale|Single Family Residence|Active
2
Beds
2
Total Baths
2
Full Baths
1,685
SqFt
$178
/SqFt
1968
Built
Subdivision:
RAINBOW LAKES ESTATE
County:
Marion

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1-(352) 427-2907
1136 SW SHOREWOOD DRIVE1136 SW SHOREWOOD DRIVE1136 SW SHOREWOOD DRIVE1136 SW SHOREWOOD DRIVE
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!!!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.

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Listing Snapshot
Price 
$299,900
Days On Site 
0 Days
Bedrooms 
2
Inside Area (SqFt) 
1,685 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.59 Acres
Year Built 
1968
MLS® Number 
OM725130
Status 
Active
Property Tax 
$3,045
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
24 hours agoListing updated with changes from the MLS®
24 hours agoListing first seen on site
General Features
Acres 
0.59
Attached Garage 
Yes
Direction Faces 
East
Foundation 
Slab
Garage 
Yes
Garage Spaces 
1
Levels 
One
Parking 
BoatCoveredAttached
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
1973
Utilities 
Electricity ConnectedPhone Available
Water Source 
PrivateWell
Zoning 
R1
Interior Features
Appliances 
DishwasherDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasherWater Softener
Cooling 
Central Air
Furnished 
Negotiable
Heating 
Central
Interior 
High CeilingsOpen FloorplanStone Counters
Laundry Features 
InsideLaundry Room
Kitchen 
Level - First
Living Room 
Level - First
Master Bedroom 
Level - First
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Exterior Features
Construction Details 
Block
Exterior 
StorageDock
Lot Features 
PavedWaterfront
Other Structures 
Shed(s)
Patio And Porch 
Patio
Roof 
Shingle
View 
LakeWater
Waterfront 
Yes
Waterfront Features 
Lake PrivilegesLake Front
Waterview 
LakeWater
Community Features
Community Features 
ClubhouseFitness CenterPlayground
Financing Terms Available 
CashConventional
MLS Area 
34431 - Dunnellon
Roads 
Paved
Township 
15
Listing courtesy of COOKIE KING REAL ESTATE, INC (352) 222-8420



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-05-24 03:27 PM EDT

Neighborhood & Commute
Source: Walkscore
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