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New construction
  • $244,000

    128 SW Alvarez Rd, Dunnellon, FL 34431

    3beds
    1,509sqft
    : 
    Single Family Residence
    Built in 2025
    0.25 Acres Lot
    $243,900 Zestimate®
    $162/sqft
    $-- HOA

    What's special

    Covered lanaiMassive granite islandModern pendant lightingVaulted ceilingsStainless steel appliancesSoft close cabinetry
    Vaulted ceilings and a massive granite island immediately set the tone in this new construction home in Dunnellon. The open layout feels bright and functional, with luxury vinyl plank flooring throughout and no carpet anywhere. The kitchen connects seamlessly to the main living space and features soft close cabinetry, stainless steel appliances, modern pendant lighting, and black hardware for a sharp, updated look. The primary suite includes dual sinks and a fully tiled walk in shower with glass enclosure. A split floor plan offers privacy from the secondary bedrooms. Situated on a wooded homesite in Rainbow Lakes Estates with a covered lanai and solid concrete block construction. Located minutes from Rainbow Springs, the Rainbow River, Tiger Lake, and downtown Dunnellon. Move in ready with modern finishes throughout.
    13 days
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    Zillow last checked: 8 hours ago

    Listing updated: February 11, 2026 at 02:32pm

    Listed by:

    Joshua Smith 352-299-0087,

    Ashlar Realty

    Source: Realtors Association of Citrus County,MLS#: 852250MLS LogoOriginating MLS: Realtors Association of Citrus County

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Primary Suite
    • Level: Main
    • Dimensions: 14.00 x 13.00
    Dining room
    • Level: Main
    • Dimensions: 10.00 x 9.00
    Great room
    • Features: Ceiling Fan(s)
    • Level: Main
    • Dimensions: 16.00 x 15.00
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Oven, Microwave, Refrigerator, Water Heater
    Features
    • Dual Sinks, Eat-in Kitchen, High Ceilings, Primary Suite, Open Floorplan, Pantry, Stone Counters, Split Bedrooms, Shower Only, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wood Cabinets
    • Flooring: Luxury Vinyl Plank
    Interior area
    • Total structure area: 1,949
    • Total interior livable area: 1,509 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Driveway, Garage, Paved, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Paved Driveway
    • Pool features: None
    Lot
    • Size: 0.25 Acres
    • Features: Cleared
    Details
    • Parcel number: 3401620000
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One Story
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Block, Slab
    • Roof: Asphalt,Shingle
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Rainbow Lakes Estates
    HOA
    • Has HOA: No
    Location
    • Region: Dunnellon

    Financial & listing details

    • Price per square foot: $162/sqft
    • Tax assessed value: $7,250
    • Annual tax amount: $240
    • Date on market: 2/11/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $243,900

    $232,000 - $256,000

    $1,782/mo

    Price history

    Price history
    DateEventPrice
    2/11/2026Listed for sale$244,000+6871.4%$162/sqft
    Source: Realtors Association of Citrus County #852250 Report a problem
    9/16/2008Sold$3,500$2/sqft
    Source: Public Record Report a problem
    6/23/2008Sold$3,500$2/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$226 +20.7%$7,250 +134.9%
    2023$187 +44.8%$3,086 +10%
    2022$129 +13.7%$2,805 +10%
    2021$114 -0.3%$2,550
    2020$114 -0.6%$2,550 +5.4%
    2019$115 $2,420 -16.6%
    2018$115 +11.7%$2,900 +45%
    2017$103 +0.4%$2,000
    2016$102 $2,000 +7%
    2015$102 +6%$1,870 +10%
    2014$96 +0.4%$1,700
    2013$96 +0.1%$1,700
    2012$96 -15%$1,700 -35.4%
    2011$113 -14.8%$2,633 -30%
    2010$133 -7.9%$3,762 -16.7%
    2009$144 -66.5%$4,514 -79.3%
    2008$430 +2.4%$21,820
    2007$420 +22.2%$21,820 +45%
    2006$343 $15,048 +300%
    2005-- $3,762

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,453/mo
    Principal & interest
    $1124
    Property taxes
    $329

      Climate risks

      Neighborhood: Rainbow Lakes Estates

      Nearby schools

      GreatSchools rating

      Local experts in 34431

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