Rainbow Lakes Estate Homes with Park Community Features

Rainbow Lakes Estate Homes with Park Community Features

Welcome to Rainbow Lakes Estate, a hidden gem nestled in the heart of Dunnellon, Florida. This picturesque subdivision offers a tranquil lifestyle surrounded by nature’s beauty, making it the perfect place to call home. With its lush landscapes and serene atmosphere, Rainbow Lakes Estate is designed for those seeking a peaceful retreat while still enjoying the conveniences of modern living.

Homes in Rainbow Lakes Estate are thoughtfully designed to blend comfort and style, providing residents with spacious layouts and modern amenities. Each property is set against a backdrop of stunning natural scenery, ensuring that every day feels like a vacation. Whether you’re a first-time homebuyer or looking to downsize, you’ll find a variety of options that cater to different lifestyles and preferences.

One of the standout features of Rainbow Lakes Estate is its commitment to community living. With a strong sense of camaraderie among neighbors, residents often come together for community events, fostering friendships and creating lasting memories. Additionally, the subdivision boasts an array of park community features, including playgrounds, picnic areas, and walking trails, perfect for families and outdoor enthusiasts alike.

Imagine spending your weekends exploring the nearby Rainbow River, fishing, kayaking, or simply enjoying the breathtaking views. With easy access to local shops, restaurants, and recreational activities, Rainbow Lakes Estate truly offers the best of both worlds—a peaceful retreat with a vibrant community spirit. Come discover your dream home in this idyllic subdivision and experience the charm of life in Dunnellon, Florida!

Newest Rainbow Lakes Estate Homes with Park Community Features

$189,500
2 Beds ⋅ 1 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Virtually Staged. Welcome to this charming 2-bedroom, 1-bath home in the desirable Rainbow Lakes Estates! This move-in-ready home has been beautifully updated and is ready for its new owners. Recent improvements include a brand-new roof (2026), a fully renovated kitchen, stylish luxury vinyl plank (LVP) flooring throughout, and all-new plumbing completed in 2025, giving you peace of mind for years to come. Enjoy the freedom of no HOA while still taking advantage of the community amenities, including a clubhouse, playground, tennis courts, fitness center, and a beautiful lake. Conveniently located just minutes from Rainbow Springs, shopping, dining, and everyday essentials, this home offers the perfect combination of comfort, convenience, and value. Don't miss your opportunity to make it yours!

21136 Sw Honeysuckle Street, Dunnellon
$64,900
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
A rare opportunity to own 2 acres in the growing community of Dunnellon! Lots 16 & 17 on SE Court #130 offer the perfect setting to build your dream home while enjoying the privacy and space that are becoming increasingly difficult to find. Best of all, NO HOA means you have the freedom and flexibility to build the home that fits your lifestyle.

Lots 16 And 17 Se 130th Ct, Dunnellon
$309,900
3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Under Construction. Brand new concrete block home on .99 acres in Dunnellon with no HOA. This Floridian model gives buyers the space and flexibility that is hard to find in many new build communities, with room for a fence, pets, trailer parking, a garden, fire pit, or extra storage. Inside, vaulted ceilings and an open split floor plan make the home feel bright and easy to live in. Features include luxury vinyl plank flooring throughout, quartz countertops, white shaker soft close cabinetry, stainless steel appliances, and modern bathroom finishes. The primary suite includes a large walk in closet and a tiled shower with glass enclosure. Located near Rainbow Springs, the Rainbow River, downtown Dunnellon, Tiger Lake, parks, fishing, kayaking, swimming, and outdoor recreation. A new concrete block home, almost an acre of land, modern finishes, and no HOA in one of Dunnellon’s most outdoor friendly areas.

1690 Sw Viburnum Road, Dunnellon
$39,900
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
0.99-acre residential lot in Rainbow Lakes Estates. Conveniently located near Rainbow River, Withlacoochee River, and Lake Rousseau. Enjoy easy access to boating, fishing, kayaking, and outdoor recreation while remaining close to shopping, dining, schools, and other everyday amenities. Excellent opportunity to build your dream home in a peaceful Florida setting.

0000 Sw Sands Pt Ave Lot 32, Dunnellon
$39,900
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
0.99-acre residential lot in Rainbow Lakes Estates. Conveniently located near Rainbow River, Withlacoochee River, and Lake Rousseau. Enjoy easy access to boating, fishing, kayaking, and outdoor recreation while remaining close to shopping, dining, schools, and other everyday amenities. Excellent opportunity to build your dream home in a peaceful Florida setting.

0000 Sw Beaver Drive, Dunnellon
$39,900
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
0.99-acre residential lot in Rainbow Lakes Estates. Conveniently located near Rainbow River, Withlacoochee River, and Lake Rousseau. Enjoy easy access to boating, fishing, kayaking, and outdoor recreation while remaining close to shopping, dining, schools, and other everyday amenities. Excellent opportunity to build your dream home in a peaceful Florida setting.

0000 Sw Sands Point Ave Lot 38, Dunnellon
$39,900
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
0.99-acre residential lot in Rainbow Lakes Estates. Conveniently located near Rainbow River, Withlacoochee River, and Lake Rousseau. Enjoy easy access to boating, fishing, kayaking, and outdoor recreation while remaining close to shopping, dining, schools, and other everyday amenities. Excellent opportunity to build your dream home in a peaceful Florida setting.

0000 Sw Plaza Court Court, Dunnellon
$184,000
2 Beds ⋅ 1 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Welcome to this charming 2 bedroom, 1 bath home with a 1-car garage that has been meticulously maintained and thoughtfully updated, offering both charm and peace of mind. This adorable home is located in the community of Rainbow Lakes Estates offering a comfortable living space and many updated features. As you step inside the front door, you see the spacious living room which is ideal for relaxing evenings or hosting friends. The functional kitchen has all wood cabinets and a stainless steel stove. The dining area is conveniently located beside the kitchen and just beyond is the open and bright Florida room where you can enjoy your morning coffee or the lovely view of the completely fenced backyard. There is even a screened porch to add to the outdoor enjoyment. The large laundry room is situated just behind the garage. Some of the updated items are the A/C in 2021, windows in 2022, water heater and garage door in 2026, ensuring comfort and efficiency for years to come. Location truly completes the picture. Just minutes away is Bonable Lake Park offering a playground, a peaceful lake for fishing, and a community library, making it a wonderful spot for outdoor enjoyment and neighborhood connection. Everyday conveniences are close at hand, with grocery stores, local shops, and restaurants in Dunnellon only a short drive away. Nearby is Rainbow Springs State Park, offering access to the Rainbow River, trails, and outdoor recreation, and you have the perfect blend of tranquility and accessibility for those who love to explore. You’re conveniently situated near Ocala and Crystal River, home to shopping, medical facilities, and entertainment. Also within easy reach is the renowned World Equestrian Center and Gainesville where one can enjoy theaters, city amenities, dining, healthcare, and the University of Florida. Enjoy the Florida lifestyle just minutes from the area's beautiful natural springs and a quick drive to the coast. This property delivers peaceful country living without sacrificing proximity to top-tier recreation, shopping, and dining. Truly a lovely home that is turnkey.

21654 Sw Raintree Street, Dunnellon
$73,999
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
ALMOST 2 ACRES in RAINBOW LAKES ESTATES! Rare opportunity to own approximately 1.98 acres on a desirable corner lot at Ivy Place & SW Edgewater Blvd. This spacious homesite offers ample room to build your dream home while enjoying the benefits of an established community. Residents have access to a community fitness center/gym, and the local fire department is conveniently located on Ivy Place, providing added peace of mind. The property also benefits from underground fiber-optic infrastructure already in place, offering access to high-speed internet services. Corner-lot positioning provides added flexibility for site planning, access, and curb appeal. Disclosure: Seller is the owner of the property and is a licensed Florida real estate agent representing their own interests in this transaction.

Sw Egdewater Boulevard, Dunnellon
$12,000
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Build Your Dream Home in Rainbow Lakes Estates just a two-minute walk from Lake Views and a public park! Discover the perfect blend of nature, privacy, and convenience with this beautiful one-acre lot in Rainbow Lakes Estates, located in Dunnellon, Florida. This spacious property offers approximately 70 feet of road frontage and is zoned R-1 for a single-family home, vacation retreat, or long-term investment. Enjoy the freedom of no HOA and a peaceful, natural setting. Electric is available nearby, and the property will require a well and septic, allowing flexibility in home design and placement. Located just minutes from the crystal-clear Rainbow River, kayaking, tubing, and enjoying Florida’s natural beauty. Outdoor enthusiasts will love the close proximity to Goethe State Forest, offering miles of trails for hiking, horseback riding, and wildlife viewing. You’re also a short drive from the World Equestrian Center, known for world-class equestrian events, dining, and entertainment. Conveniently located near shopping, dining, and major roadways, this lot offers the tranquility of country living with easy access to modern amenities. Whether you’re ready to build now or investing for the future, this property offers excellent potential in a growing area. Don’t miss your opportunity to own a piece of Florida paradise.

LOT 30 Sw Clearwater Ct, Dunnellon
$239,900
3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Vaulted ceilings and a massive granite island immediately set the tone in this new construction home in Dunnellon. The open layout feels bright and functional, with luxury vinyl plank flooring throughout and no carpet anywhere. The kitchen connects seamlessly to the main living space and features soft close cabinetry, stainless steel appliances, modern pendant lighting, and black hardware for a sharp, updated look. The primary suite includes dual sinks and a fully tiled walk in shower with glass enclosure. A split floor plan offers privacy from the secondary bedrooms. Situated on a wooded homesite in Rainbow Lakes Estates with a covered lanai and solid concrete block construction. Located minutes from Rainbow Springs, the Rainbow River, Tiger Lake, and downtown Dunnellon. Move in ready with modern finishes throughout. Close

24125 Nw Foxglove Lane, Dunnellon
$50,000
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
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.

LOTS 476 & 477 Sw Shorewood Drive, Dunnellon
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