Tour
$9,499 Closing Credit¹
#OM700911, Julie Beck, Listing Office: KELLER WILLIAMS CORNERSTONE RE
$999,000 List price
12139 Palmetto Way Dunnellon, FL 34432
$10,000
Closing credit¹
3 beds
2 full
2,230 sqft
0.5 acres
$448 / sqft
House
Property details
About 12139 Palmetto Way
Own Your Slice of Heaven on the Rainbow River. Discover the perfect riverfront retreat with this beautifully maintained home on the pristine Rainbow River. Enjoy an open-concept kitchen and living area—ideal for entertaining family and friends. Step outside to your private dock for kayaking, tubing, or boating right from your backyard. Cruise into Dunnellon by boat, explore the scenic Withlacoochee River, or head to Lake Rousseau for exceptional freshwater fishing. Relax on your screened patio while taking in breathtaking views of the river, or spend the day at nearby Rainbow Springs State Park for a family picnic. Conveniently located with easy access to Ocala, Gainesville, Crystal River, the Suncoast Parkway to Tampa, and Gulf Coast fishing. Close to shopping, dining, golf courses, medical facilities, and more. Don’t miss this rare opportunity to live where others vacation!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,230 sqft
Lot size0.49 Acres
Year built1961
ParkingConcrete, Driveway, Boat, RV Access/Parking
MLS #844648
WaterfrontRiver Front, Waterfront
Summary
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
- Flooring Type: Tile
- Interior: Laminate Counters, Pantry
- Total Bedroom Count: 3
- Parking: Concrete, Driveway, Boat, RV Access/Parking
- Waterfront: River Front, Waterfront
- Exterior: Dock
- Architectural Style: Ranch
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $999,000
- Price/SqFt: $447
- Annual Tax Amount: $9,351
- Tax Year: 2023
- Lot: Rectangular Lot, Waterfront
- Directions: at 41 and 484 head east to Palmetto Way, turn right, to home on the left
- Year Built: 1961
- Living Area: 2,230 SqFt
- Lot Size: 0.49 Acres
- MLS Number: 844648
- MLS Name: CitrusCounty
- Office Name: Compass Homes and Land LLC
- Office Phone: (352) 447-2595
- Office Email: nancylittlelewis@aol.com
Information is provided by Realtors® Association of Citrus County, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realtors® Association of Citrus County, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2025, 3:15:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$999,000
12139 Palmetto Way
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 10, 2018 | Home Sold | $420,000 |
| Dec 04, 1996 | Home Sold | $150,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $461,019 | $9,351 |
| 2022 | $495,196 | $8,419 |
| 2021 | $393,566 | $8,419 |
| 2020 | $346,370 | $7,596 |
| 2018 | $169,622 | $2,633 |
| 2017 | $166,133 | $2,409 |
History based on county public records data.
Nearby schools
4
Dunnellon Elementary School
Public District PK-5
2.7 mi
•10235 SW 180th Avenue Rd
4
Central Ridge Elementary School
Public District PK-5
5.1 mi
•185 W Citrus Springs Blvd
4
Citrus Springs Elementary School
Public District PK-5
5.3 mi
•3570 W Century Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,608. The majority of Dunnellon, FL residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
52%
<35k
40%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
13%
18-34 yrs old
37%
35-64 yrs old
34%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Pro Wrestling
Figure Skating
Where do the neighbors shop?
Dollar General
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Dodge
Oldsmobile
What do the neighbors listen to?
Classic Country- Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 12139 Palmetto Way
The listing price of 12139 Palmetto Way property is $999,000.
The property 12139 Palmetto Way is a house located in Dunnellon, Florida, 34432.
Active Listing: 12139 Palmetto Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12139 Palmetto Way are: Dunnellon Elementary School (GreatSchools Rating 4/10), Central Ridge Elementary School (GreatSchools Rating 4/10), Citrus Springs Elementary School (GreatSchools Rating 4/10), Dunnellon Middle School (GreatSchools Rating 5/10), Citrus Springs Middle School (GreatSchools Rating 6/10), Crystal River Middle School (GreatSchools Rating 3/10), Dunnellon High School (GreatSchools Rating 3/10), Crystal River High School (GreatSchools Rating 3/10), Cypress Creek Treatment Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $9,351 (source: MLS/based on county public records data).
The last sale was on October 10, 2018 for $420,000 (source: MLS/tax record).
The property at 12139 Palmetto Way has 3 bedrooms and 2 bathrooms.
The property 12139 Palmetto Way is 2,230 SqFt (source: MLS/tax record).
The year of construction for 12139 Palmetto Way is 1961.
This home is located at 12139 Palmetto Way in Dunnellon, FL and zip code 34432. This 2,230 square foot home, which was built in 1961, sits on a 0.49 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 24, 2025 and is currently priced at $999,000.
In April 2025, from all listings sold in Dunnellon, FL there were more than 14 sold above asking price, over 49 sold below and more than 34 were sold right at the asked price. The inventory of homes for sale in Dunnellon, FL between March and April 2025 increased by 5.7%. The median list price of listings available in April 2025 was $275,020, while the average time on the real estate market was 59 days.
From Rocket Homes Real Estate and based on county public records data.