David Ramirez
$2,500,0005 bd4 ba6,040 sqft$414 /sqft$17,175 /mo all-in ↓

11685 E BLUE COVE DRIVE, DUNNELLON, FL, 34432

Active9 days on marketListed Jul 16, 2026MLS #OM728590

WaterfrontSingle Family ResidenceBLUE COVE

About this home

11685 E BLUE COVE DRIVE

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

The home at a glance

5

Bedrooms

4

Bathrooms

6,040

Sqft

0.36 ac

Lot size

4

Garage

1991

Year built

Two

Levels

$414

Per sqft

WaterfrontFireplaceWater view

Inside

FlooringCarpet · Tile · Hardwood
AppliancesCooktop · Dishwasher · Microwave
InteriorBuilt-in Features · Elevator · Kitchen/Family Room Combo · Open Floorplan · Primary Bedroom Main Floor · Split Bedroom · Walk-In Closet(s)
LaundryInside · Laundry Room
CoolingCentral Air
HeatingHeat Pump

Outside & construction

RoofMetal
ConstructionCedar · Stone · Wood Frame
FoundationBlock · Stem Wall
ViewWater
FacesEast
ExteriorBalcony · Lighting · Private Mailbox

Community & fees

Taxes (2025)$31,055/yr

Utilities & systems

UtilitiesElectricity Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$17,175 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$13,490
PMI (est., until 20% equity)$938
Property tax — 2025 actual bill$2,588
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $250,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $250,000
Interest rate6.00%
Loan term

Estimated payment

$17,175/mo

Principal & interest$13,490
PMI (est., until 20% equity)$938
Property taxes (actual bill)$2,588
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Dunnellon actives

$414 vs $186

Days on market

9 vs 43 typical

Where $414/sqft sits among the 400 Dunnellon actives

193
124
37
17
8
21 · this home
$137–183$183–229$229–276$276–322$322–368$368+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Dunnellon

Map of 11685 E BLUE COVE DRIVE

Get to know Dunnellon. See the full Dunnellon guide →

DUNNELLON 34432 — neighborhood snapshot

Population

13,197

Median age

56

Median income

$47,711

Median home value

$223,900

Avg household

2.27

Households w/ children

858

For the school run

Marion County School District

ElementaryDunnellon Elementary School★★★★★
HighDunnellon High School★★★★★
MiddleDunnellon Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Dunnellon market

Seller’s marketLeans seller4.8 months of inventoryBuyer’s market

$265K$270K

Dunnellon median sold, yr/yr

98.1%

Sale-to-list ratio (12 mo)

185 of 400

Dunnellon actives have cut their price

Median sold price, Dunnellon, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 987% above the DUNNELLON 34432 median. See the full Dunnellon market guide →

Paper trail

This home's history

Jul 16, 2026Listed at $2,500,000 · 9 days on market since
1991Built · BLUE COVE

Reality check

What actually sold near 11685 E BLUE COVE DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

10715 SW 186TH AVENUESold · Aug ’25

$1,499,999

10715 SW 186TH AVENUE

4 bd · 3 ba · 2,744 sqft · $547/sqft · 3 DOM

11511 CAMP DRIVESold · Jan ’26

$912,000

11511 CAMP DRIVE

4 bd · 3 ba · 2,572 sqft · $355/sqft · 45 DOM

11635 E BLUE COVE DRIVESold · Jun ’26

$1,400,000

11635 E BLUE COVE DRIVE

4 bd · 3 ba · 2,203 sqft · $635/sqft · 40 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 11685 E BLUE COVE DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 11685 E BLUE COVE DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

11685 E BLUE COVE DRIVE FAQs

What would the monthly payment be for 11685 E BLUE COVE DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $17,175/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 11685 E BLUE COVE DRIVE?+

The most recent tax bill on record (2025) was $31,055. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Dunnellon?+

At $2,500,000, this home is listed about 734% above the Dunnellon median of $299,900. The market section on this page shows how the area is trending.

Which schools are assigned to 11685 E BLUE COVE DRIVE?+

Dunnellon Elementary School (elementary), Dunnellon High School (high), Dunnellon Middle School (middle) — Marion County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of JOAN PLETCHER · Joan Pletcher. MLS #OM728590.

IDX 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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