IDX

Listed by Liz Gray · Courtesy of SHOWCASE PROPERTIES OF CENTRAL· Agent MLS ID# MFR271515883 · Deemed reliable but not guaranteed. · Data last updated: Aug 20, 2026 · 10:15 AM

20540 SW 5TH PL

Dunnellon, Marion, FL, 34431

Active

$790,000

$592/sqft

3Beds
2Baths
1,334Sq Ft
1997Built
91Days on Market

About this home

Overlooking 19+ acres to the North end of Dunnellon, this versatile farm offers a great combination of privacy and potential– all with no HOA restrictions! Conveniently located just around the corner from US 41 and a short drive from both the World Equestrian Center, HITS, and Ocala’s variety of shopping and dining options, this farm is perfectly positioned to get the most out of Central Florida’s exciting equestrian lifestyle. Designed for both efficiency and flexibility, the property features a 12-stall center-aisle barn complete with feed and tack rooms, 5 pastures/paddocks, and lush bahia grass fields that were previously used for hay production. Whether your focus is training, boarding, or passive seasonal rental income, the farm is well suited for a variety of uses, skill-levels, and disciplines with ample opportunity to further customize if desired. Two residences are currently established on property: The main home is a 3-bedroom, 2-bath block home with over 1,300 sqft of space. Updates to this home include a new roof in 2024 and new HVAC in 2022. The secondary home is a 3-bedroom, 2-bathroom mobile home built in 2015, offering plenty of flexibility for guests, in-laws, or potential rental income. This would be a great option for those looking to take advantage of the local equestrian and outdoor tourism with an AirBnb or VRBO with Rainbow Springs State Park, the Rainbow River, and the Goethe State Forest just minutes away. With no HOA, established infrastructure, and multiple opportunities for income through boarding, seasonal rentals, or Airbnb/VRBO potential, this is a rare opportunity to own a centrally located farm in one of Marion County’s most desirable equestrian corridors!

Facts & Features

MFROM725007
$790,000
Active
3
2
2
0
1,334 sqft
19.1700
1997
Residential
Farm
N/A

Community Information

20540 SW 5TH PL
Farm Non-Sub
Dunnellon
Marion
FL
34431
No

Amenities

N/A
N/A
No
No
No

Interior

Walk-In Closet(s)
Electric
Central Air
Tile, Wood
N/A
1
Dishwasher, Microwave, Refrigerator, Range

Exterior

Storage, Other
Cement Siding
Slab
Shingle
N/A
N/A

School Information

N/A
N/A
N/A

Additional Information

May 21, 2026
91
A1
North
No

Mortgage Calculator

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. SHOWCASE PROPERTIES OF CENTRAL is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

91 days on market

Listing updated: Aug 20, 2026 · 10:15 AM

Listed by: Liz Gray · 502-314-8055SHOWCASE PROPERTIES OF CENTRAL · 352-351-4718

Updated from Real Estate Market Data

Location

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