... River Home 3BR / 2BA $450,000.00. News & Guides. Rainbow Springs vacant lots are selling from 7,500 and up. Close into town about 5 miles for shopping church etc. Search MLS listings. Browse waterfront homes currently on the market in Dunnellon FL matching Waterfront. View 1863 homes for sale in Rainbow River Acres, take real estate virtual tours & browse MLS listings in Dunnellon, FL at realtor.com®.