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Active · Single Family

11685 BLUE COVE DRIVE

DUNNELLON, FL 34432

$2,500,000
$414/sqft
Beds
5 beds
Baths
4 baths
Area
6,040 sqft
Single FamilyBuilt 199115,682 sqft lot4-car garageHeat PumpCentral AirFireplace$414/sqft15 days on market

About this home

A rare opportunity to own one of Rainbow River’s premier waterfront estates. Experience unparalleled luxury where timeless elegance meets one of Florida’s most breathtaking natural settings. This exceptional 6,040± square-foot residence boasts approximately 90 feet of private Rainbow River frontage, offering unobstructed views of the crystal-clear, spring-fed waters. With no homes across the river—only the untouched beauty of Florida’s natural landscape—this extraordinary property delivers a level of privacy and serenity that is truly unmatched. Thoughtfully designed to capture the spectacular views, the home features two expansive screened porches spanning both levels, along with a private balcony off the owner’s suite, creating the perfect setting to enjoy peaceful mornings, colorful sunsets, and the beauty of the river throughout the day. A grand foyer welcomes you inside, where an elegant staircase and custom elevator provide access to the main living level. The impressive great room showcases soaring vaulted ceilings, a stately fireplace, custom wet bar, and walls of glass that frame the river beyond. French doors open seamlessly to the screened porch, blending indoor and outdoor living. The gourmet kitchen flows effortlessly into the dining area, creating an ideal space for both intimate gatherings and grand entertaining. The owner’s suite is a private sanctuary featuring its own fireplace, sitting area, and secluded porch overlooking the river. The spa-inspired bath offers a soaking tub, walk-in shower, private water closet with bidet, dual vanities, and two generous walk-in closets. Two additional guest suites, each with private en-suite baths, provide exceptional comfort and privacy. The lower level is equally impressive, featuring an expansive game room with a built-in bar and custom cabinetry, along with a spacious flex room complete with a closet and utility sink—ideal as an art studio, fitness room, home office, media room, or additional guest suite. An additional bedroom and full bath make this level perfectly suited for extended family, guests, or multigenerational living. Two oversized garages provide space for up to four vehicles, while the conveniently located upstairs laundry room enhances everyday functionality. Outside, approximately 90 feet of private Rainbow River frontage sets the stage for an extraordinary waterfront lifestyle. A spacious deck leads to the private dock, offering immediate access to boating, kayaking, paddleboarding, fishing, swimming, or simply floating along one of Florida’s most celebrated spring-fed rivers. A tranquil waterfall feature and beautifully landscaped grounds complete this remarkable outdoor retreat. Combining architectural elegance, exceptional craftsmanship, and one of the most coveted locations on the Rainbow River, this extraordinary estate offers an unparalleled opportunity to experience the very best of Florida waterfront living.

Facts & features

Interior

Bedrooms
5
Bathrooms
4
Living area
6,040 sqft
Heating
Heat Pump
Cooling
Central Air
Flooring
Carpet, Tile, Wood
Fireplace
Yes
Stories
2
Features
Built-in Features, Elevator, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom…
Appliances
Cooktop, Dishwasher, Microwave

Exterior & lot

Lot size
15,682 sqft (0.36 ac)
Waterfront
Yes
Roof
Metal
Construction
Cedar, Stone, Frame
Exterior
Balcony, Lighting, Private Mailbox

Parking

Garage
4 spaces

Financial

Annual tax
$31,055 (2025)
Price / sqft
$414/sqft

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected

Property

Property type
Single Family
Year built
1991
Subdivision
BLUE COVE
County
Marion

Assigned schools

Elementary
Dunnellon Elementary School
Middle
Dunnellon Middle School
High
Dunnellon High School

Listing

Status
Active
Days on market
1 day
MLS #
MFR800165038
Source
Stellar MLS

Listed by Joan Pletcher · JOAN PLETCHER

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$2.31M
−7.6% vs asking
$2.16M low$2.46M high

Based on 29 comparable sales within 4 miles of DUNNELLON, FL. priced over RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$15,381/mo
Principal & interest
$13,306/mo
Property tax
$1,875/mo
Home insurance
$200/mo

Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.

Price historySample data

Reference timeline for $2,500,000. Live MLS history swaps in with the Stellar feed.

DateEventPriceChange
2026-07Listing updated$2,500,000
2026-04Price changed$2,500,000−$75,000
2026-03Listed$2,575,000

NeighbourhoodSample data

Reference scores for DUNNELLON, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
86/ 100
Very walkable
Transit Score
63/ 100
Good transit
Bike Score
34/ 100
Somewhat bikeable
Elementary school
8/ 10
Top-rated
Middle school
5/ 10
Average
High school
6/ 10
Above average

Location

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