“Blue Cove” is a coveted community in Dunellon, Florida with a variety of homes from various time periods and architectural styles. According to the 2010 The average age of homeowners there is 53 and there are approximately 168 residents in the community; and approximately 68 percent of the homes are owned.
If water-sports, nature and fishing are your cup of tea, then Dunnellon and this community is a perfect place to raise a family! This community as access to the pristine and crystal clear waters of the Rainbow River where residents and tourists alike can be seen swimming, tubing, kayaking, fishing, snorkling or diving in the constant 72 degree year round water. Most homes sit on one quarter acre lots and the homes on the Rainbow River homes are quickly snapped up, if priced right, when they hit the market.
With the local housing inventory at an all-time low, there are currently only 3 homes for sale in Blue Cove. Those homes are a 2 bedroom, 3.5 bath, 1804 sq ft home offered at $420,000; a 3 bedroom, 2 bath 2,610 sq ft home listed for $579,900 and a 4 bedroom, 3 bath home with 3,547 sq. ft listed for $649,000.
Blue Cove also has 11 other waterfront homes in the community located on a private lake, but are not a part of the Rainbow River. Those owners have access and exclusive use of the lake. There is also a voluntary Home Owners Association which will grant residents private access to the Rainbow River.
Since the beginning of this year, there have been only 5 homes sold in Blue Cove. Including this short-sale sold by the Bortz Team at 11681 Camp Drive.
The highest waterfront sale this year was a 3,883 sq. ft. 3 bedroom / 3 bath home that sold for $212.00 psf at $825,000.
Adjacent to the entrance for the community and situated on the Rainbow River is Swampy’s Bar & Grille, where you can dine on fresh seafood while watching nature, residents & tourists, tube, kayak or canoe down the river.
So if you are looking for your riverfront home, or just want to be a part of the ‘Blue Cove’ community contact us today to discuss your property parameters. If you are a homeowner in the community and would like to know how much your home is worth in Blue Cove, please give us a call or contact us for a CMA. We are here to help you with all your Blue Cove real estate needs!