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5118 SW 197th Terrace

DUNNELLON, FL 34431

2 beds
2 baths
1,185 sqft
~1 acre lot
$235 per sqft
1989 build
– on site

This beautiful home is situated on 0.95 acres of land, offering both space and privacy. The property is fully fenced from the back of the house to the back property line, providing a secure and serene environment. Inside, you'll find a spacious kitchen featuring sleek granite countertops, plenty of cabinet space, and an open layout perfect for entertaining. The living areas are enhanced by gorgeous hardwood floors, while both bathrooms are finished with elegant tile flooring. Enjoy the expansive backyard, perfect for outdoor activities or simply relaxing in your private space. Located just minutes from downtown Dunnellon and only a 20-minute drive to Ocala, this home combines the tranquility of rural living with convenient access to nearby amenities.

Listing courtesy of STELLAR_MLS / COLDWELL BANKER RIVERLAND RLTY

Last checked: Checking… • Last updated Mar 28, 2025 •

MLS# OM698188 —

The Building

Year Built:

1989
New Construction:

false
Construction Materials:

Concrete
Levels:

One
Stories Total:

1
Roof:

Shingle
Foundation Details:

Slab
Building Area Total:

1916
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Ceramic Tile
Fireplace:

false

Room Dimensions

Living Area:

1185
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

HWY 41 , WEST SW 54 ST, TL SW 197TER , HOME ON LEFT
Latitude:

29.136796
Longitude:

-82.449489
Coordinates:

-82.449489, 29.136796

The Property

Parcel Number:

1751004024
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.95
Lot Size Area:

41382
Lot Size SqFt:

41382
Lot Size Dimensions:

100 x 415
Lot Size Units:

Square Feet
Total Acres:

1/2 to less than 1
Zoning:

R1
Direction Faces:

East
View:

false
Exterior Features:

Private Mailbox
Water Source:

Well
Road Surface Type:

Paved
Flood Zone Code:

X
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

24
Tax Block:

4
Tax Legal Description:

SEC 36 TWP 15 RGE 18 PLAT BOOK G PAGE 095 RAINBOW ACRES UNIT 1 BLK 4 LOT 24.
Tax Book Number:

G-095RAINBOW
Tax Annual Amount:

1254.89

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/OM698188
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Septic Tank

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

The Community

Subdivision Name:

RAINBOW ACRES
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Monthly cost estimate

Asking price

$279,000

Expense	Monthly cost
Mortgage	$1,493
Taxes	$104
Insurance	$76
Utilities	$160 See report
Total	$1,833/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/27/25 Mar 27, 2025	Listed / Active	STELLAR_MLS	$279,000	478.2% (46.3% / YR)
11/24/14 Nov 24, 2014		STELLAR_MLS	$48,250

House For Sale

$279,000

Cost Est.

$1,833/mo.

Listing provided by broker:

Glenn Moore

COLDWELL BANKER RIVERLAND RLTY

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This house located in FL 34431 is currently for sale for $279,000. 5118 SW 197th Terrace is a 1,185 square foot house with 2 beds and 2 baths that has been on Estately for 4 days. This house is in the attendance area of Dunnellon High School, Romeo Elementary School, and Dunnellon Middle School.

Listing Courtesy of: STELLAR_MLS and COLDWELL BANKER RIVERLAND RLTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.