Welcome to Rainbow Lakes Estates — NO HOA and NO flood zone! This home offers 3 bedrooms, 2 full bathrooms, a 1-car garage, and a functional open floor plan designed for comfortable everyday living. Enjoy additional living space in the screened lanai, perfect for relaxing with your morning coffee or entertaining guests while overlooking the fully fenced yard with mature trees that provide privacy and shade. ***Updates completed include: roof, fencing, flooring, plantation shutters, kitchen, and bathrooms. The roof and drain field were replaced in 2023. The exterior along with the vinyl fencing were pressure washed in January 2026. Windows and ac compressor are original. Price reflects the need for other repairs needed, requiring cash or rehab loans only. This house is priced right, giving you the room for repairs/upgrades allowing you to stay within current market value. Exact floor plan a few homes down appraised over sale price. ***Whether you're searching for a full-time residence, seasonal retreat, or investment property, this home offers affordability and flexibility in a growing area. *** Located in desirable Rainbow Lakes Estates, residents enjoy access to a clubhouse, fitness center, Sea Cliff Community Park, and Bonable Lake with access to Tiger Lake. Outdoor enthusiasts will love being just minutes from Rainbow River and Rainbow Springs State Park, where you can kayak from KP Hole, explore scenic trails, and experience Florida’s natural beauty. Dunnellon’s charming historic downtown offers local dining, shopping, and community events. Golfers will appreciate proximity to Juliette Falls Golf Club, and the World Equestrian Center in Ocala is approximately 15 minutes away. Convenient access to Crystal River, the Gulf Coast, and Central Florida attractions adds even more appeal.*** Schedule your private showing today and discover living the Rainbow River Life.