20540 SW 5th Place, Dunnellon, FL 34431 (MLS # OM725007)

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Overlooking 19+ acres to the North end of Dunnellon, this versatile farm offers a great combination of privacy and potential- all with no HOA restrictions! Conveniently located just around the corner from US 41 and a short drive from both the World Equestrian Center, HITS, and Ocala's variety of shopping and dining options, this farm is perfectly positioned to get the most out of Central Florida's exciting equestrian lifestyle. Designed for both efficiency and flexibility, the property features a 12-stall center-aisle barn complete with feed and tack rooms, 5 pastures/paddocks, and lush bahia grass fields that were previously used for hay production. Whether your focus is training, boarding, or passive seasonal rental income, the farm is well suited for a variety of uses, skill-levels, and disciplines with ample opportunity to further customize if desired. Two residences are currently established on property: The main home is a 3-bedroom, 2-bath block home with over 1,300 sqft of space. Updates to this home include a new roof in 2024 and new HVAC in 2022. The secondary home is a 3-bedroom, 2-bathroom mobile home built in 2015, offering plenty of flexibility for guests, in-laws, or potential rental income. This would be a great option for those looking to take advantage of the local equestrian and outdoor tourism with an AirBnb or VRBO with Rainbow Springs State Park, the Rainbow River, and the Goethe State Forest just minutes away. With no HOA, established infrastructure, and multiple opportunities for income through boarding, seasonal rentals, or Airbnb/VRBO potential, this is a rare opportunity to own a centrally located farm in one of Marion County's most desirable equestrian corridors!

DAYS ON MARKET 3 LAST UPDATED 5/21/2026
TRACT FARM NON-SUB YEAR BUILT 1997
COMMUNITY 34431 - Dunnellon GARAGE SPACES 2.0
COUNTY Marion STATUS Active
PROPERTY TYPE(S) Farms/Ranch


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Microwave, Range, Refrigerator
AREA 34431 - Dunnellon
BARN/EQUESTRIAN Yes
CONSTRUCTION Cement Siding
EXTERIOR Other, Storage
GARAGE Yes
HEAT Electric
INTERIOR Walk-In Closet(s)
LOT 19.17 acre(s)
PARKING Attached
SEWER Septic Tank
STORIES 1
SUBDIVISION FARM NON-SUB
TAXES 3332.17
UTILITIES Electricity Connected
WATER Private, Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Liz Gray, SHOWCASE PROPERTIES OF CENTRAL, 352-351-4718
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 5/22/26 7:45 PM PDT.

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