Sold
Last Sold Price
3 beds1,317 sqft$188/sqft
448 SW Alvarez Rd, Dunnellon, FL 34431
Single FamilyProperty Type
0.25 acresLot Size
2024Year Built
$188/sq ftPrice per sq ft
2 carsParking Spaces

Description

Under Construction. Experience the peace and tranquility of country living in this New Construction 3 bedroom 2 bath Home Located in the up and coming neighborhood of Rainbow Lakes Estates just 30 minutes west Ocala, 15 minutes from Downtown Dunnellon, and 30 minutes from the Gulf Coast town of Crystal River. This home's upgrades include Stainless Steel Appliances, Wood Cabinets with soft close hinges, Granite Countertops in Kitchen and Baths, Tile Shower and bath, double sinks in master bathroom,...Under Construction. Experience the peace and tranquility of country living in this New Construction 3 bedroom 2 bath Home Located in the up and coming neighborhood of Rainbow Lakes Estates just 30 minutes west Ocala, 15 minutes from Downtown Dunnellon, and 30 minutes from the Gulf Coast town of Crystal River. This home's upgrades include Stainless Steel Appliances, Wood Cabinets with soft close hinges, Granite Countertops in Kitchen and Baths, Tile Shower and bath, double sinks in master bathroom, Luxury Vinyl Plank Flooring in main areas with carpet in all bedrooms, and 10 x 10 patio. The 2 car garage is equipped with garage door opener and wireless keypad. Concrete Block Construction and Energy efficient windows will keep your energy costs low. Love the Community you live in! Rainbow Lakes Estates offers a Community Center and a Recreational Park which include playgrounds, tennis courts, racquetball courts, basketball courts, baseball field, walking trails, a boat ramp to Tiger Lake, and picnic pavilions. Rainbow River and Rainbow Springs are part of Marion County's Top outdoor attractions and are only a short 10 minute drive from Rainbow Lakes Estates. Enjoy the crystal clear water for kayaking, tubing and outdoor fun. Play a round of golf just 10 minutes away at Nationally recognized Juliette Falls Championship Golf Course. Whether you enjoy outdoor activities and adventure, or prefer to relax and enjoy the beauty of nature, you'll love calling Rainbow Lakes Estates your home.
Listing closed: 06/18/2024 12:00 AM • Source: MFRMLS, MLS#: OM676332

Recent comparable sales

Median sold price

$235,000

Avg days on market

88

Sale-to-list ratio

95.2%

Dunnellon, FL

9 comparable properties found

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$215,000 | 107 Southwest Alvarez Road, Dunnellon, FL 34431
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Sold 07/09/25

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a view of a house with a yard
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a view of a house with a yard and a large tree
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$235,000 | 1221 Southwest Little Cliffs Drive, Dunnellon, FL 34431
1/2
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Location

Listing Courtesy of DALTON WADE INC

Sold By SELLSTATE NEXT GENERATION REAL

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Payment Calculator

$1,295 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,279

Property Taxes

$16

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 448 Southwest Alvarez Road

Property Details
  • Taxes: $187 / year
  • MLS Type: Residential / Single Family Residence
  • Subdivision Name: RAINBOW LAKES ESTATES SEC O
  • Township: 15S
  • Garage Spaces: 2
  • Waterfront: No
Building Information
  • Year Built: 2024
  • Lot Size: 0.25 AC / 10,890 SF
Summary
Location and General Information
  • Building Area Source: Builder
  • Building Area Total: 1811.0
  • Building Area Units: Square Feet
  • Direction Faces: East
  • Directions: From Ocala take Hwy 40 West to Hwy 328 turn right go west to Hwy 41 turn right Turn left onto NW 27 St/SE 80th St Turn left onto NW Ridgewood Rd Turn left onto NW Mallard Ave Turn right onto Alvarez Rd House on right
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 448
  • Street Direction Prefix: SW
  • Street Name: ALVAREZ
  • Street Suffix: ROAD
  • State: FL
  • City: DUNNELLON
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 4
  • Tax Book Number: G-90ARAINBOW
  • Tax Legal Description: SEC 18 TWP 15 RGE 18 PLAT BOOK G PAGE 90A RAINBOW LAKES ESTATES RESUB OF SEC O BLKS 4,5,6,10,11 BLK 5B LOT 21
  • Tax Lot: 21
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 77 x 143
  • Parcel Number: 1816502021
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: No
  • Water Extras: No
  • Zoning: R1
  • Living Area: 1317
  • Lot Dimensions: 77 x 143
Property and Assessments
  • Year Built Numeric: 2024
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: Yes
  • Projected Completion Date: 06-15-2024 12:00:00 AM
  • Property Condition: Under Construction
  • Public Survey Range: 18E
  • Public Survey Section: 18
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Builder License Number: CGC1506970
  • Builder Model: Discovery
  • Builder Name: Eucharist Construction, Inc.
  • Construction Materials: Block, Stucco
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Appliances: Dishwasher, Microwave, Range Hood, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Luxury Vinyl
  • Heating: Central, Electric
  • Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Laundry Features: Inside, Laundry Room
  • Living Area Source: Builder
  • Living Area Units: Square Feet
  • Room Count: 4.0
  • Water View: No
  • Bathrooms Half: 0

Property History for 448 Southwest Alvarez Road

DateEvent & SourcePriceAppreciation
Jun 18, 2024

Sold (Public Record)

Public Record #1535019286

$247,500

+2870.6% / yr

Jun 18, 2024

Sold

MFRMLS #OM676332

$247,500
May 18, 2024

Pending

MFRMLS #OM676332

DateEvent & SourcePrice
06/18/2024

Sold (Public Record)

Public Record #1535019286

$247,500

+2870.6% / yr

06/18/2024

Sold

MFRMLS #OM676332

$247,500
05/18/2024

Pending

MFRMLS #OM676332

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 448 Southwest Alvarez Road

Taxable ValueLand$8,500Additions$209,265Total$217,765
Tax Record2025$4,397 ($366 / month)
Home Facts
Beds3Total Finished SqFt1,326 SqFtAbove Grade Finished SqFt1,326 SqFtStories1Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built2024ZoningR1CountyMARIONAPN1816-502-021

Schools near 448 Southwest Alvarez Road

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Romeo Elementary School
PublicPK to 5

Dunnellon Middle School
Public6 to 8

Dunnellon High School
Public9 to 12

Ina A.Colen Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DALTON WADE INC

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.