Property
ActiveCommercial
1/48
$4,900,000

8518 SW 189TH COURT RD

Dunnellon, FL 34432
0
Beds
0
Baths
23,768
SqFt
214.89
Acres
STELLAR
#OM688678
Updated: Mar 15, 2026, 11:23pm

Property Description

!!! JUST REDUCED PRICE BY 1 MILLION DOLLARS!!! This unique opportunity allows for the purchase of a property featuring a clubhouse, maintenance facility, and an 18-hole golf course nestled within the desirable Rainbow Springs community. Although the golf course is currently closed, the property is actively managed, maintained, and mowed multiple times each year. Spanning approximately 215 acres, this land offers a wealth of potential for a savvy investor. The clubhouse underwent a multi-million dollar renovation in 2018, hosting a range of amenities including a swimming pool with nearby restrooms, tennis and pickleball courts, a grand ballroom, a public restaurant on-site, a disc golf course, a half-court basketball area, bocce ball courts, and more. Upon entering the clubhouse, you will find around 25,000 square feet of space that houses various rooms for activities such as meetings, billiards, ping pong, fitness sessions, crafts, card games, and other pursuits. With over 180 parking spaces available, there is plenty of room for guests to enjoy the various offered activities.Additionally, the owner has a vacant lot featuring their own billboard along the busy US 41 for promotional purposes. This property boasts two deep-water wells with water permits valid until November 7, 2040, providing a substantial capacity of 192,500 gallons per day. Furthermore, the property enjoys around 4,500 feet of highway frontage on US 41. Its prime location is less than a mile away from Rainbow Springs State Park, which draws 350,000 visitors each year, and just two miles from the KP Hole County Park on the Rainbow River, which welcomed 100,000 visitors in 2023. The Rainbow Springs Campground is a mere 10-minute drive from the site. The seller is open to the idea of selling the property separately from the clubhouse.
Launch 3D Virtual Tour
Opens in a new window

Property Details

Interior
Building Area Total
23768
Cooling
Central Air
Flooring
CarpetConcreteTileVinyl
Heating
CentralElectric
Security Features
Fire Sprinkler SystemSecurity Lights
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Other
Direction Faces
North
Foundation Details
Slab
Living Area Units
Square Feet
Roof
Metal
Stories Total
2
Year Built
1984
Site & Exterior
Flood Zone Code
X
I D X Participation
Yes
Lot Features
NeighbourhoodWooded
Lot Size Acres
214.89
Lot Size Area
214.89
Lot Size Square Feet
9360608
Lot Size Units
Acres
Other Structures
MaintenanceStorageWorkshop
Parking Features
Over 30 Spaces
Public Survey Range
18
Public Survey Section
12
Road Frontage Type
Easement
Road Surface Type
Asphalt
Sewer
Septic Needed
Total Acreage
200 to less than 500
Utilities
Electricity AvailablePhone AvailableWater Connected
Vegetation
Mature LandscapingOak TreesTrees/Landscaped
Water Source
Public
Zoning
R1
Financials
Calculated List Price By Calculated Sq Ft
206.16
Contract Status Change Date
2024-10-30
Current Price
4900000
Feed Types
BBO
Owner Name
RAINBOW SPRINGS CLUB LLC
Ownership
Partnership
Parcel Number
3296000001
Public Survey Township
16S
Tax Annual Amount
9563.56
Tax Block
H
Tax Book Number
106
Tax Legal Description
SEC 12 TWP 16 RGE 18 PLAT BOOK S PAGE 106 RAINBOW SPRINGS COUNTRY CLUB ESTATES TRACTS 3.4.5.8.10 (GO
Tax Lot
2
Tax Year
2023

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34432 - Dunnellon
Subdivision Name
RAINBOW SPGS COUNTRY CLUB ESTATES
Listing provided courtesy of STELLAR via IDX. Updated: Mar 15, 2026, 11:23pm.
Christopher Hodges

Listing Agent

DUNNELLON REAL ESTATE LLC

Call Agent