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5581 197th Terrace, Dunnellon, FL 34431
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Priced at Only: $299,900
For more Information Call:
(352) 279-4408
Address: 5581 197th Terrace, Dunnellon, FL 34431
Property Location and Similar Properties
- MLS#: 853881 ( Residential )
- Street Address: 5581 197th Terrace
- Viewed: 4
- Price: $299,900
- Price sqft: $106
- Waterfront: No
- Year Built: 1981
- Bldg sqft: 2816
- Bedrooms: 3
- Total Baths: 2
- Full Baths: 2
- Garage / Parking Spaces: 2
- Days On Market: 11
- Additional Information
- County: MARION
- City: Dunnellon
- Zipcode: 34431
- Subdivision: Rainbow Acres
- Elementary School: Romeo
- Middle School: Dunnellon
- High School: Dunnellon
- Provided by: Keller Williams Realty - Elite Partners II

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DescriptionTucked away on a generous .95 acre parcel, this custom built 1981 residence offers a blend of space, flexibility, and characterperfectly suited for multigenerational living or those seeking room to grow. With 1,953 square feet of living area, 3 bedrooms, 2 bathrooms, and a side entry 2 car garage, this property delivers both comfort and functionality in a peaceful setting. The upper level serves as the main living space, featuring a full kitchen equipped with wood cabinetry, stainless steel appliances, and a convenient breakfast bar. The adjoining dining area flows seamlessly into a spacious living room anchored by an expansive stone fireplace, creating a welcoming focal point. Two bedrooms and a full bathroom complete this level, along with an inviting 11x12 screened lanaiideal for enjoying the outdoors year round. The lower level provides additional versatility with a private entrance, making it well suited for extended family or guests. This space includes a flex room highlighted by a second wood burning fireplace, an additional bedroom, and a full bathroom. Laundry hookups are conveniently located on both levels, enhancing everyday ease. A spiral staircase connects the two floors, adding architectural interest. Outdoors, the property presents a new rood in 2025, a rear fenced yard, a detached workshop with an attached pole barn, and a chicken coop for those seeking a touch of country living. With ample room for gardening, recreation, or the addition of a pool, the possibilities are endless. This unique property combines privacy, practicality, and rustic charmready to accommodate a variety of lifestyles.
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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Deck, Landscaping, Lighting, RainGutters, ConcreteDriveway, RoomForPool
- Fencing: ChainLink
- Flooring: Laminate, Wood
- Living Area: 1953.00
- Other Structures: Storage, Workshop
- Roof: Asphalt, Shingle
Land Information
- Lot Features: Trees
School Information
- High School: Dunnellon High
- Middle School: Dunnellon Middle
- School Elementary: Romeo Elementary
Garage and Parking
- Garage Spaces: 2.00
- Open Parking Spaces: 0.00
- Parking Features: Attached, Concrete, DetachedCarport, Driveway, Garage, Carport
Eco-Communities
- Pool Features: None
- Water Source: Well
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir
- Heating: HeatPump
- Sewer: SepticTank
- Utilities: HighSpeedInternetAvailable
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2025
- Trash Expense: 0.00
Other Features
- Appliances: Dryer, Dishwasher, MicrowaveHoodFan, Microwave, Oven, Range, Refrigerator, Washer
- Interior Features: Fireplace, LaminateCounters, MainLevelPrimary, PrimarySuite, SplitBedrooms, WoodCabinets
- Legal Description: SEC 36 TWP 15 RGE 18 PLAT BOOK G PAGE 095 RAINBOW ACRES UNIT 1 BLK 9 LOT 7
- Area Major: 28
- Occupant Type: Owner
- Parcel Number: 0350761000
- Possession: Closing
- Style: MultiLevel
- The Range: 0.00
- Zoning Code: R1
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