20530 SW 5th Place, Dunnellon, FL 34431
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
20530 SW 5th Place,Dunnellon, FL 34431
$949,000
- 6 Beds
- 4 Baths
- 3,208 sq. ft.
- Single family
- Active
Listed by:karen grimes
Office:pegasus realty & assoc inc
MLS#:OM705658
Source:MFRMLS
Price summary
- Price:$949,000
- Price per sq. ft.:$295.82
About this home
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.
Contact an agent
Home facts
- Year built:1997
- Listing ID #:OM705658
- Added:51 day(s) ago
- Updated:October 12, 2025 at 11:58 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,208 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1997
- Building area:3,208 sq. ft.
- Lot area:19.17 Acres
Schools
- High school:Dunnellon High School
- Middle school:Dunnellon Middle School
- Elementary school:Romeo Elementary School
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$949,000
- Price per sq. ft.:$295.82
- Tax amount:$2,795 (2024)
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