$753,500

20906 RIVER DR, Dunnellon, FL 34431

Active
4
Beds
4
Baths
2,887
Sq Ft
$260
Per Sq Ft
1948
Built
1
Days Listed

About This Property

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

TypeSingle Family Residence
Garage1 spaces
Lot0.32 ac
Stories2
PoolNo
WaterfrontYes
SubdivisionDUNNELLON
HOANo
Tax/yr$8,229
HeatingHeat Pump
CoolingCentral Air
FlooringCarpet, Ceramic Tile, Wood
RoofMetal

Listed by RE/MAX PREMIER REALTY · MLS# OM727331

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-25.
IDX information 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.
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Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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