5581 SW 197th Terrace

Off Market

5581 SW 197th Terrace

Dunnellon FL 34431

2816 sq. ft.

41382 sq. ft.

Single-Family

Last sold for $275,000

Tomika Spires-Hanssen, last sold this property on 24 August 2026 after 459 days on market.

Overview

Tucked away on a generous .95-acre parcel, this custom-built 1981 residence offers a blend of space, flexibility, and character—perfectly suited for multigenerational living or those seeking room to grow. With 1,953 square feet of living area, 3 bedrooms, 2 bathrooms, and a side-entry 2-car garage, this property delivers both comfort and functionality in a peaceful setting. The upper level serves as the main living space, featuring a full kitchen equipped with wood cabinetry, stainless steel appliances, and a convenient breakfast bar. The adjoining dining area flows seamlessly into a spacious living room anchored by an expansive stone fireplace, creating a welcoming focal point. Two bedrooms and a full bathroom complete this level, along with an inviting 11x12 screened lanai—ideal for enjoying the outdoors year-round. The lower level provides additional versatility with a private entrance, making it well-suited for extended family or guests. This space includes a flex room highlighted by a second wood-burning fireplace, an additional bedroom, and a full bathroom. Laundry hookups are conveniently located on both levels, enhancing everyday ease. A spiral staircase connects the two floors, adding architectural interest. Outdoors, the property presents a new rood in 2025, a rear fenced yard, a detached workshop with an attached pole barn, and a chicken coop for those seeking a touch of country living. With ample room for gardening, recreation, or the addition of a pool, the possibilities are endless. This unique property combines privacy, practicality, and rustic charm—ready to accommodate a variety of lifestyles.

Features

3 bedrooms

2 bathrooms

3 carspaces

1 carport space

2 garage spaces

2816 sq. ft. floor area

41382 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Dunnellon over the last 12 months, the estimated median property value of 5581 SW 197th Terrace is $253.6k.

Median value

$253.6k

Estimated value range

$140k - $720k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Dunnellon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5581 SW 197th Terrace

2026

Sold

$275,000

24 Aug 2026 by Tomika Spires-Hanssen, of KELLER WILLIAMS REALTY-ELITE

2018

Sold

$183,000

02 Jan 2018 by Maria Del Carmen Law, of Coldwell Banker Riverland Realty

2018

Sold

$183,000

02 Jan 2018 by Maria Law, of CB/RIVERLAND REALTY

Happy sellers in Dunnellon

73%

73% of sellers in Dunnellon reported that their sale price either exceeded or met their price expectations.

Dunnellon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Dunnellon over the last 12 months.

Local market activity for 3 bedroom single-family properties in Dunnellon

In the last 12 months, 321 three-bedroom single-family properties similar to 5581 SW 197th Terrace, have been sold.

This represents a 5% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Dunnellon for a market analysis.

Cheryl Regina

at RAINBOW SPRINGS REALTY GROUP

(32 reviews)

Get a market analysis

Joyce Thompson

at OCALA HOMES AND FARMS

(17 reviews)

Get a market analysis

MARCUS DE MATOS

at Star Bay Realty Corp

(4 reviews)

Get a market analysis

Ashley Yates

at ASHLEY YATES REALTY

(79 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Dunnellon

Cheryl Regina

Cheryl Regina is a recommended agent for Dunnellon. They have 6 local sales and collected 2 local reviews across the last 12 months.

5 (32 reviews)
2 Reviews in Dunnellon
6 Sales in Dunnellon

View profile

Joyce Thompson

Joyce Thompson is a recommended agent for Dunnellon. They have 45 local sales and collected 1 local review across the last 12 months.

5 (17 reviews)
1 Review in Dunnellon
45 Sales in Dunnellon

View profile

MARCUS DE MATOS

MARCUS DE MATOS is a recommended agent for Dunnellon. They have 9 local sales and collected 1 local review across the last 12 months.

5 (4 reviews)
1 Review in Dunnellon
9 Sales in Dunnellon

View profile

Ashley Yates

Sellers who recommend Ashley Yates have praised them for being local expert, clear communication, responsive, friendly, well-prepared, supportive, and reliable