Listing provided courtesy of KELLER WILLIAMS ELITE PARTNERS IIas Distributed by MLSGrid- MLS# MFROM723407MLS Provider

5581 SW 197TH TERRACEDUNNELLON, FL 34431

Single Family · 3 Beds · 2 Full Baths · 1,953 Sq. ft. | 0.95 Acres
$299,900 Active

5581 SW 197TH TERRACE Overview

Time on Site:
64 days
Visits:
0

Tucked away on a generous .95-acre parcel, this custom-built 1981 residence offers a blend of space, flexibility, and character—perfectly suited for multigenerational living or those seeking room to grow. With 1,953 square feet of living area, 3 bedrooms, 2 bathrooms, and a side-entry 2-car garage, this property delivers both comfort and functionality in a peaceful setting. The upper level serves as the main living space, featuring a full kitchen equipped with wood cabinetry, stainless steel appliances, and a convenient breakfast bar. The adjoining dining area flows seamlessly into a spacious living room anchored by an expansive stone fireplace, creating a welcoming focal point. Two bedrooms and a full bathroom complete this level, along with an inviting 11x12 screened lanai—ideal for enjoying the outdoors year-round. The lower level provides additional versatility with a private entrance, making it well-suited for extended family or guests. This space includes a flex room highlighted by a second wood-burning fireplace, an additional bedroom, and a full bathroom. Laundry hookups are conveniently located on both levels, enhancing everyday ease. A spiral staircase connects the two floors, adding architectural interest. Outdoors, the property presents a new rood in 2025, a rear fenced yard, a detached workshop with an attached pole barn, and a chicken coop for those seeking a touch of country living. With ample room for gardening, recreation, or the addition of a pool, the possibilities are endless. This unique property combines privacy, practicality, and rustic charm—ready to accommodate a variety of lifestyles.

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5581 SW 197TH TERRACE Facts & Features

  • Type Single Family
  • Sq. ft. 1,953
  • Price/Sq.ft. $154
  • Lot 0.95 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: Romeo Elementary School
  • Middle Or Junior School: Dunnellon Middle School
  • High School: Dunnellon High School

Building Information

  • New Construction: No
  • Year Built: 1981

Location/Region

  • Country: US
  • County Or Parish: Marion
  • MLS Area Major: 34431 - Dunnellon
  • Subdivision Name: RAINBOW ACRES 01
  • Township: 15S

Tax Information

  • Tax Annual Amount: 4284.69
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 1751-009-007
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: R1

Interior

Parking Information

  • Garage Spaces: 2
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2816
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
  • Cooling: Central Air
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate,Wood
  • Foundation Details: Slab
  • Heating: Heat Pump
  • Interior Features: Ceiling Fans(s),Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Wood Cabinets,Split Bedroom
  • Laundry Features: Laundry Room
  • Levels: Two
  • Living Area: 1953
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Garage Faces Side

Lot Information

  • Additional Parcels: No
  • Lot Features: In County,Landscaped,Paved
  • Lot Size Acres: 0.95
  • Lot Size Dimensions: 100x415
  • Lot Size Square Feet: 41382
  • Road Surface Type: Paved
  • Vegetation: Trees/Landscaped
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: Yes
  • Construction Materials: Block,Brick,Concrete,Stucco
  • Direction Faces: West
  • Patio And Porch Features: Covered,Rear Porch,Screened
  • Roof: Shingle

General Information

  • Carport Spaces: 1
  • Carport: Yes
  • Exterior Features: Lighting,Rain Gutters
  • Fencing: Chain Link
  • Other Structures: Storage,Workshop
  • Pool Private: No
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available,Electricity Connected,Public

Room Information

Room: Family Room

  • Level: First
  • Dimensions: 20.5x20.1
  • Length: 20.1
  • Width: 20.5

Room: Primary Bathroom

  • Level: First
  • Dimensions: 5.7x8.1
  • Length: 8.1
  • Width: 5.7

Room: Primary Bedroom

  • Level: First
  • Dimensions: 11.11x12.2
  • Length: 12.2
  • Width: 11.11

Room: Bedroom 2

  • Level: Second
  • Dimensions: 14.6x13.4
  • Length: 13.4
  • Width: 14.6

Room: Bedroom 3

  • Level: Second
  • Dimensions: 12.4x10.1
  • Length: 10.1
  • Width: 12.4

Room: Dining Room

  • Level: Second
  • Dimensions: 13.8x10.6
  • Length: 10.6
  • Width: 13.8

Room: Kitchen

  • Level: Second
  • Dimensions: 13.1x18.1
  • Length: 18.1
  • Width: 13.1

Room: Living Room

  • Level: Second
  • Dimensions: 26.5x13.6
  • Length: 13.6
  • Width: 26.5

5581 SW 197TH TERRACE Neighborhood

Community

34431 (DUNNELLON) Demographics

56
Median Age
71
Population Density (per sq. mile)
23%
College Educated
$40,582
Estimated Median Income
3,126
Estimated Total Home Owners
587
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5581 SW 197TH TERRACE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5581 SW 197TH TERRACE Market Data

Based on the last 30 days in this zip code

$335,995
Average List Price
$210
Average Price per Square Foot
31
Properties Sold
96
Average Days on Market
178
Properties for Sale
Calculations provided by Reliance Network

5581 SW 197TH TERRACE History

Date Event Value Agent
4/27/2026Source: My Florida Regional MLS Added to Database
April 27, 2026