PERFECT ACREAGE HOMESITE. Build your dream home on this .99 acre lot in the quiet and family-friendly community of Rainbow Lakes Estates in Dunnellon. Easy to clear lot with 135 ft. street frontage and a depth of 320 ft. Lot elevation higher than the road. Paved roads. Electric power line in front of the lot. No HOA. Zoned R-1 for site built homes only, no mobile homes. The property is just a couple of blocks (0.05 mile) walking distance to to the Rainbow Lakes Community Center facing Lake Bonable which features a library, children’s playground, fishing pier and other recreational facilities. The subdivision features 3 lakes: Tiger Lake, Lake Bonable, and Little Lake Bonable where residents can go boating and fishing. Public boat ramp is available for area residents. Enjoy country style living away from the hustle and bustle of the city but close to city amenities. Conveniently located just few minutes drive to downtown Dunnellon, shopping, restaurants, medical facilities, public park and other amenities. Enjoy outdoor activities like kayaking, boating, swimming and fishing just minutes away at the crystal clear Rainbow River and the Rainbow Springs State Park. It is around 30 minutes drive to Ocala. Ready to build your new home now? Inquire about our partner builders who can provide you different home models, floor plans and price ranges to choose from. Property is eligible for a No Down Payment new home construction loan.