20530 SW 5th Place, Dunnellon, FL 34431 (MLS # OM705658)

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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.

DAYS ON MARKET 16 LAST UPDATED 9/2/2025
TRACT FARM NON-SUB YEAR BUILT 1997
COMMUNITY 34431 - Dunnellon GARAGE SPACES 2.0
COUNTY Marion STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Romeo Elementary School
Jr. High School Dunnellon Middle School
High School Dunnellon High School

PRICE HISTORY
Prior to Sep 2, '25 $999,000
Sep 2, '25 - Today $949,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Range, Refrigerator
AREA 34431 - Dunnellon
BARN/EQUESTRIAN Yes
CONSTRUCTION Frame
GARAGE Yes
HEAT Central
LOT 19.17 acre(s)
LOT DESCRIPTION Farm, Paved
PARKING Attached
SEWER Septic Tank
STORIES 1
SUBDIVISION FARM NON-SUB
TAXES 2794.86
WATER Private, Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only

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Listing provided by Karen Grimes, PEGASUS REALTY & ASSOC INC, 352-629-4505
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 9/6/25 4:11 AM PDT.

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