Property Description
Lakefront property on Bonable Lake in Rainbow Lakes Estates. Two adjoining wooded lots (Lots 476 and 477) totaling approximately 0.31 acres with about 70 feet of lake frontage. Located on paved SW Sherwood Drive with nearby electric service. Well and septic required. Zoned R-1 for single-family homes.
Rainbow Lakes Estates offers parks, playgrounds, tennis courts, fishing, and a community boat ramp. A voluntary Property Owners Association is available, with optional membership. Buyer should confirm the current fee directly with the association.
Property is subject to existing liens, including an IRS lien and county assessments. These are expected to be resolved or satisfied at closing. Buyers should complete normal due diligence to confirm association matters, county road assessments, and recorded encumbrances.