
11685 E BLUE COVE DRIVE, DUNNELLON, FL, 34432
Active9 days on marketListed Jul 16, 2026MLS #OM728590
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
Inside
Outside & construction
Community & fees
Utilities & systems
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%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$17,175/mo
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
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
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
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Dunnellon 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
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.
Sold · Aug ’25$1,499,999
10715 SW 186TH AVENUE
4 bd · 3 ba · 2,744 sqft · $547/sqft · 3 DOM
Sold · Jan ’26$912,000
11511 CAMP DRIVE
4 bd · 3 ba · 2,572 sqft · $355/sqft · 45 DOM
Sold · 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 11685 E BLUE COVE DRIVE — start here.

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.
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.
Keep looking
Similar homes nearby
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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