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Rebecca L Compton
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$299,900

5581 SW 197th Terrace Dunnellon, FL 34431 Residential - Single Family Active

  • 5581 SW 197th Terrace , Dunnellon, FL 34431 Main Photo

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Description

Tucked away on a generous .95-acre parcel, this custom-built 1981 residence offers a blend of space, flexibility, and character-perfectly 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 lanai-ideal 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 charm-ready to accommodate a variety of lifestyles.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Garage: 2 car attached
Heating: Heat Pump
Home Style: Ranch
Lot Size: 0.95 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $4,284
Year Built: 1981

General Information

Bedrooms: 3
Bathrooms: 2 Full
Sqft: 1,953
County: Marion
High School: Dunnellon High School
Subdivision: RAINBOW ACRES 01
Listed By:
Tomika Spires-Hanssen KELLER WILLIAMS ELITE PARTNERS II 352-419-0200

Amenities

Ceiling Fans(s)
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Lighting
Rain Gutters

Room Information

Family Room: 20.5x20.1
Primary Bedroom: 11.11x12.2
Primary Bathroom: 5.7x8.1
Living Room: 26.5x13.6
Dining Room: 13.8x10.6
Kitchen: 13.1x18.1
Bedroom 2: 14.6x13.4
Bedroom 3: 12.4x10.1

Property Features

Additional Rooms: Family Room
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Directions: Starting on N Florida Ave (US-41 N), Keep right onto N Carl G Rose Hwy (SR-200 N) toward Ocala. Turn left onto E Apex Ln. Turn right onto N Florida Ave (US-41).Turn left onto SW 56th Ln. Turn left onto SW 196th Ave. Turn right onto SW 57th Pl. Turn right
Exterior: Block, Brick, Concrete, Stucco
Fencing: Chain Link
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Laminate, Wood
Foundation: Slab
Garage Dimensions: 19x29
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: In County, Landscaped, Paved
Lot Dimensions: 0.95
Number of Septics: 1
Number of Wells: 1
Other Structures: Storage, Workshop
Ownership: Fee Simple
Parking: Garage Faces Side
Parking Notes: Garage Faces Side
Patio/Porch: Covered, Rear Porch, Screened
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Septic Tank
Showing Instructions: Supra Lock Box, Appointment Only, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Electricity Connected, Public
Vegetation: Trees/Landscaped
Water: Well
Water Access Y/N: No
Zoning: R1
$299,900
3beds
2.0baths
1,953sqft
2cars
New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,953 MLS#OM723407
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONRAINBOW ACRES 01

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5581 SW 197th Terrace , Dunnellon, FL 34431.

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Estimated Payment

$ 1,455.98 per month $1,011.51 Principal & Interest $357.00 Property Tax $87.47 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 04/27/2026. The listing information on this page last changed on 04/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/27/2026 12:00:19 AM EST) or Stellar MLS (last updated Sun 04/26/2026 11:44:05 PM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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