$949,000 for Sale

20530 sw 5th place , dunnellon, FL 34431

Beds 6 Baths 4 3,208 Sqft 19.17 Acres 1 of 49
Property Description
19.17 Acres – Two Homes, Barn, No HOA! Looking for space, income potential, and a prime location? This beautiful 19.17-acre farm in Romeo checks all the boxes! Situated on a paved road with no HOA, the property is equidistant (22 minutes) between HITS and the World Equestrian Center (see maps in photos) and just minutes from Rainbow Springs. Perfectly designed for efficiency by a professional horseman, this farm is suitable for any discipline and offers multiple income opportunities. Live in one home and rent out the other (Airbnb/VRBO) for great returns—or even consider adding an RV hookup for guests. The land was formerly a hay farm, providing established Bahia grass pastures to keep horses in top condition. ? Property Highlights: Two Homes: • Main Home – 3BR/2BA block home (1997) with new roof (2024) and HVAC (2022) • Second Home – 3BR/2BA mobile home (2015) 12-Stall Barn with efficient layout No HOA & agricultural zoning Income-producing potential: boarding, Airbnb/VRBO, or seasonal rentals Roof on Main House is 2024, HVAC 2022 Established pastureland for horses or livestock Some photos and video are from three years ago (property was off the market due to health reasons), but updated pictures are coming soon—though the farm has changed very little. This is a rare chance to own a versatile, income-generating farm in a sought-after location.
General Information
Sale Price: $949,000
Price/SqFt: $296
Status: Active
MLS#: OM705658
City: dunnellon
Post Office: dunnellon
Schools: dunnellon high school
County: Marion
Subdivision: farm non-sub
Acres: 19.17
Bedrooms:6
Bathrooms:4   (4 full, 0 half)
House Size: 3,208 sq.ft.
Acreage: 19.17 est.
Year Built: 1997
Property Type: Single Family Residence
Style:
Features & Room Sizes
Paved Road:  Paved, Asphalt
Construction:  Wood Frame
Exterior Misc:  French Doors
Basement:  No
Foundation :  Block, Slab
Appliances:  Dishwasher, Range, Refrigerator
Cooling:  Central Air
Heating:  Central
Waste:  Septic Tank
Watersource:  Well
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $2,795
Legal Description:  SEC 14 TWP 15 RGE 18 COM NW COR OF S 1/2 OF NW 1/4 TH S 89-51-31 E 1992.46 FT TO POB TH S 89-51-31 E 645.55 FT TH S 00-05-25 W 1323.61 FT TH N 89-51-22 W 645.66 FT TH N 00-05-25 E 1323.58 FT TO POB EXC N 30 FT FOR RD ROW


Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Karen Grimes of PEGASUS REALTY & ASSOC INC, Phone: 352-629-4505
(920) 205-1633 Call Lisa Heid for more information about this property.

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This Home located at
20530 sw 5th place, dunnellon FL 34431
is currently for sale priced at $949,000 and was listed on August, 21, 2025 and has been on the market for 32 days and was last updated on September, 02, 2025.

20530 sw 5th place has 6 bedrooms, 4 bathrooms, and approximately 3,208 square feet. This home is in the dunnellon high school school district with 19.17 acres and was built in 1997. 20530 sw 5th place is in the 34431 ZIP Code area of dunnellon.

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