20906 RIVER DRIVE DUNNELLON FL 34431 MLS #OM727331

20906 RIVER DRIVE
DUNNELLON, FL, 34431
$753,500
4 Beds
3.5 Baths
2,887 SqFt
0.32 Acres
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MLS #OM727331 image #0
Experience Rainbow River waterfront living at its best with this unique 4 bedroom, 3.5 bathroom home offering 2,887 sq ft under air, deep water access, and an incredible location less than one mile from the public boat ramp in the heart of downtown Dunnellon. Perfectly positioned within the no-wake zone, this property lets you slow down and enjoy the peaceful side of river life, whether you are launching kayaks from your private dock, relaxing on the rooftop deck above the covered boathouse, or taking a short kayak or boat ride up the river to two separate waterfront restaurants. The Rainbow River is known for its crystal-clear water, abundant wildlife, and beautiful natural scenery, creating the perfect setting for everyday relaxation, weekend getaways, or short-term rental guests. Inside, the home is full of character with wood and tile flooring throughout most of the home, carpet only in the living room, an updated kitchen with granite countertops and hardwood cabinetry, a dining area with wood plank ceilings, a small bar area off the living room, and a bright upstairs living space with scenic river views. Just outside the living room, the second-floor balcony with paneled ceilings offers another peaceful place to unwind and take in the waterfront views. Three bedrooms are located on the main floor, while the spacious primary suite and bonus room are downstairs, with the primary bedroom and bathroom offering direct access outside toward the dock area. Additional features include a metal roof, newer AC units, private dock, covered boathouse, rooftop deck, and a location close to shopping, dining, and area amenities. Currently used as a vacation home and short-term rental, this property offers the rare combination of waterfront lifestyle, character, convenience, and income potential, with rental income available to be verified for serious buyers.

Property Details

Price:
$753,500
MLS #:
OM727331
Status:
Active
Beds:
4
Baths:
3.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
DUNNELLON
Neighborhood:
34431dunnellon
Listed Date:
Jun 24, 2026
Finished Sq Ft:
2,887
Total Sq Ft:
3,454
Lot Size:
13,939 sqft / 0.32 acres (approx)
Year Built:
1948
Waterfront34431 – Dunnellon34431dunnellonDunnellon1-7 Days

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Schools

Interior

Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Hardwood
Heating
Heat Pump
Interior Features
Ceiling Fan(s)
Laundry Features
Inside
Levels
Multi/Split

Exterior

Construction Materials
HardiPlank Type
Covered Spaces
1
Direction Faces
North
Exterior Features
Other
Garage Spaces
1
Roof
Metal
Waterfront Features
River Front

Financial

Tax Year
2024
Taxes
$8,229

Map

Community

Subdivisions in DUNNELLON

Market Summary

Current real estate data for Single Family in DUNNELLON as of Jun 30, 2026
564
Single Family Listed
117
Avg DOM
221
Avg $ / SqFt
$384,408
Avg List Price

Property Summary

    Located in the DUNNELLON subdivision, 20906 RIVER DRIVE DUNNELLON FL is a Single Family for sale in DUNNELLON, FL, 34431. It is listed for $753,500 and features 4 beds, 4 baths, and has approximately 2,887 square feet of living space, and was originally constructed in 1948. The current price per square foot is $261. The average price per square foot for Single Family listings in DUNNELLON is $221. The average listing price for Single Family in DUNNELLON is $384,408. To schedule a showing of MLS#om727331 at 20906 RIVER DRIVE in DUNNELLON, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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20906 RIVER DRIVE
DUNNELLON, FL