This 1-acre lot is the perfect opportunity to build your dream home in Rainbow Lakes Estates, Dunnellon (Levy County). Situated in FEMA flood zone X, the property has electric nearby and requires a well and septic system, though it is not subject to the nitrate septic system due to its full-acre size. The community allows site-built and modular homes, but manufactured and mobile homes are not permitted. The lot is lightly wooded and would require minimal clearing to get your homesite set up. Rainbow Lakes Estates offers a variety of amenities managed by Marion County with no HOA or monthly dues. The park at Bonable Lake features a fishing pier and gazebo, basketball and shuffleboard courts, and a 10 lane horseshoe pit. The playground area is beautifully situated under mature shade oaks. The outdoor pavilion and community center are available to rent for private events. More fishing opportunities await at Little Bonable Lake, and Seacliff Park has tennis and racquetball ball courts along with a baseball diamond and covered play area. The community also features a youth activity room and regular social events. Conveniently located just minutes from downtown Dunnellon, you’ll have access to antique shops, restaurants, shopping, and medical care, as well as nearby cities like Ocala, Gainesville, and Crystal River. For outdoor enthusiasts, the lot is 2.9 miles from the Tidewater Trailhead in Goethe State Forest and just 12 miles from Rainbow Springs State Park, where you can enjoy swimming, kayaking, canoeing, and snorkeling. Plus, you're only 30 minutes from Bird Creek Beach in Yankeetown and 45 minutes from Cedar Key Beach along the Gulf of Mexico. Don’t miss this incredible opportunity to own a piece of Florida paradise!