Rare 7-acre estate opportunity in the Rainbow Acres community of Fernandina Beach! Make your vision a reality and build your large, private rural estate in this fast-growing area of Fernandina Beach. Have it all with both privacy and space and under 10 miles to the beautiful beaches and amenities of Amelia Island and a short 5 min drive to deep water access at Goffinsville Nassau Riverpark, fishing pier and public boat launch. This entire parcel is level, high and dry with over 700 feet of road frontage. The land is partially cleared around existing mobile home site and wooded privacy on perimeter. Versatile 60′ x 38′ 2,200 sq ft building includes horse stalls, tack room and storage areas along with a large open area featuring 14′ ceilings, suitable for RV/boat storage, parking, or a workshop. This is an ideal site for a new custom build, benefiting from existing utilities and the Open Rural zoning allows for various residential and agricultural uses. Property includes deeded rights to neighborhood park/deep water with no HOA or CDD. Buyer to do due diligence on zoning/land use. Existing home, well, and septic system are currently occupied and functional, but are conveyed as-is with no warranty or value; the property is priced for the land and outbuilding only.