$949,000
20530 SW 5TH PLACE
DUNNELLON, FL, 34431
19.17 Acres – Two Homes, Barn, No HOA!
Looking for space, income potential, and a prime location? This beautiful 19.17-acre farm in Romeo checks all the boxes! Situated on a paved road with no HOA, the property is equidistant (22 minutes) between HITS and the World Equestrian Center (see maps in photos) and just minutes from Rainbow Springs.
Perfectly designed for efficiency by a professional horseman, this farm is suitable for any discipline and offers multiple income opportunities. Live in one home and rent out the other (Airbnb/VRBO) for great returns—or even consider adding an RV hookup for guests.
The land was formerly a hay farm, providing established Bahia grass pastures to keep horses in top condition.
? Property Highlights:
Two Homes:
• Main Home – 3BR/2BA block home (1997) with new roof (2024) and HVAC (2022)
• Second Home – 3BR/2BA mobile home (2015)
12-Stall Barn with efficient layout
No HOA & agricultural zoning
Income-producing potential: boarding, Airbnb/VRBO, or seasonal rentals
Roof on Main House is 2024, HVAC 2022
Established pastureland for horses or livestock
Some photos and video are from three years ago (property was off the market due to health reasons), but updated pictures are coming soon—though the farm has changed very little.
This is a rare chance to own a versatile, income-generating farm in a sought-after location.
Looking for space, income potential, and a prime location? This beautiful 19.17-acre farm in Romeo checks all the boxes! Situated on a paved road with no HOA, the property is equidistant (22 minutes) between HITS and the World Equestrian Center (see maps in photos) and just minutes from Rainbow Springs.
Perfectly designed for efficiency by a professional horseman, this farm is suitable for any discipline and offers multiple income opportunities. Live in one home and rent out the other (Airbnb/VRBO) for great returns—or even consider adding an RV hookup for guests.
The land was formerly a hay farm, providing established Bahia grass pastures to keep horses in top condition.
? Property Highlights:
Two Homes:
• Main Home – 3BR/2BA block home (1997) with new roof (2024) and HVAC (2022)
• Second Home – 3BR/2BA mobile home (2015)
12-Stall Barn with efficient layout
No HOA & agricultural zoning
Income-producing potential: boarding, Airbnb/VRBO, or seasonal rentals
Roof on Main House is 2024, HVAC 2022
Established pastureland for horses or livestock
Some photos and video are from three years ago (property was off the market due to health reasons), but updated pictures are coming soon—though the farm has changed very little.
This is a rare chance to own a versatile, income-generating farm in a sought-after location.
Property Details
Price:
$949,000
MLS #:
OM705658
Status:
Active
Beds:
6
Baths:
4
Address:
20530 SW 5TH PLACE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
FARM NON-SUB
Neighborhood:
34431dunnellon
City:
DUNNELLON
Listed Date:
Aug 21, 2025
State:
FL
Finished Sq Ft:
3,208
Total Sq Ft:
3,208
ZIP:
34431
Lot Size:
835,045 sqft / 19.17 acres (approx)
Year Built:
1997
Schools
Elementary School:
Romeo Elementary School
Middle School:
Dunnellon Middle School
High School:
Dunnellon High School
Interior
Appliances
Dishwasher, Range, Refrigerator
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central
Laundry Features
Other
Exterior
Construction Materials
Wood Frame
Exterior Features
French Doors
Other Structures
Additional Single Family Home, Barn(s)
Roof
Shingle
Financial
Tax Year
2024
Taxes
$2,795
Mortgage Calculator
Map
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Courtesy of PEGASUS REALTY & ASSOC INC. Disclaimer: All data relating to real estate for sale on this page comes from the Internet Data Exchange (IDX) Program of Stellar MLS. Detailed information about real estate listings held by brokerage firms other than Treasured Home Collection include the name of the listing broker. Neither the listing company nor Treasured Home Collection shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 20530 SW 5TH PLACE
DUNNELLON, FL
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