Build your dream house on this beautiful semi clear one-acre corner lot with survey recently done in desirable Rainbow Lakes Estates in Dunnellon with No HOA. New and existing homes already in the area waiting for your home to be built. Electricity nearby making it easy to access power. Quiet neighborhood but minutes from shopping, doctors' office, and restaurants in historic Dunnellon. The property is minutes from Rainbow Springs State Park where you can swim, snorkel, kayak, hike on nature trails, and bike ride. Lake Rousseau is nearby which is known for their bass. Private boat ramp available for the community. Not far from The New world Equestrian Center. Only 20 minutes to Crystal River & Gulf of Mexico, Inverness, and Ocala. This lot is listed below market value! Buying Land in Florida is a solid investment for your future, build your dream home, vacation home, rental investment or let the land build value as a great long-term investment to resell for a future profit. property address across the street for directional purpose 1221 NW TERRAPIN DR DUNNELLON, FL 34431 corner of Terrapin and water oak