Welcome to waterfront living on the beautiful Rainbow River, less than one mile from the public boat ramp and right in the heart of downtown Dunnellon. This unique 4 bedroom, 3.5 bathroom home offers 2,887 sq ft under air, deep water access from the private dock, and a covered boathouse with a rooftop deck perfect for enjoying the riverfront lifestyle. Inside, the home is full of character with wood and tile flooring throughout most of the home, carpet only in the living room, an updated kitchen with granite countertops and hardwood cabinetry, a dining area with wood plank ceilings, and a bright upstairs living area with scenic river views. Just outside the living room is a second-floor balcony with paneled ceilings, creating a peaceful place to relax and take in the views. Three bedrooms are located on the main floor, while the spacious primary suite and bonus room are downstairs, with the primary bedroom and bathroom offering direct access outside toward the dock area. Additional features include a small bar area off the living room, metal roof, newer AC units, and a location just a short drive to shopping, dining, and area amenities. Currently used as a vacation home and short-term rental, this property offers both lifestyle and income potential, with rental income available to be verified for serious buyers.