Rainbow Lakes Estate Real Estate

Rainbow Lakes Estate Real Estate

Welcome to Rainbow Lakes Estate, a hidden gem nestled in the heart of Dunnellon, Florida. This picturesque subdivision offers a unique blend of tranquility and community spirit, making it an ideal place for families, retirees, and anyone seeking a serene lifestyle surrounded by nature.

Rainbow Lakes Estate is renowned for its lush landscapes, featuring beautiful oak trees and vibrant wildlife that create a serene backdrop for everyday life. The community is thoughtfully designed with spacious lots, allowing residents to enjoy privacy while still fostering a friendly neighborhood atmosphere. Whether you’re looking to build your dream home or find a cozy retreat, Rainbow Lakes Estate offers a variety of options to suit your needs.

One of the standout features of this subdivision is its close proximity to the stunning Rainbow River, where residents can indulge in outdoor activities like kayaking, fishing, and swimming. The crystal-clear waters are perfect for a refreshing dip on a warm Florida day. Additionally, the nearby Withlacoochee State Forest provides endless opportunities for hiking, biking, and exploring the natural beauty of the area.

Conveniently located just a short drive from downtown Dunnellon, residents have easy access to local shops, restaurants, and amenities, ensuring that everything you need is within reach. The community is also known for its friendly neighbors and active homeowners' association, which organizes events and activities that foster a sense of belonging.

Discover the charm of Rainbow Lakes Estate, where nature meets community, and embark on a journey to find your perfect home in this idyllic Florida paradise.

Newest Listings in Rainbow Lakes Estate

$379,900
3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Just minutes from the crystal-clear waters of Rainbow Springs State Park, this beautifully updated 3/2 concrete block home sits on a spacious 0.53-acre lot and features a large screened-in, heated POOL perfect for year-round Florida living. The split floor plan offers comfort and privacy, while recent upgrades bring peace of mind and modern convenience: new kitchen with soft closed cabinetry, newer appliances, 2024 AC system, 2022 roof, new screened enclosure over the pool, brand new windows throughout (2026), and a large storage shed for added functionality. The property is surrounded by mature Live Oak, vibrant azaleas, and a variety of fruit trees, creating a serene natural setting that feels like your own private retreat. At nearby Rainbow Springs, enjoy iconic glass-bottom boat tours, kayaking, hiking trails, and swimming in the refreshing 72-degree spring water year-round. The Dunnellon area offers even more to explore — state parks, golf courses, saltwater fishing, shopping, restaurants, medical facilities, and everyday conveniences. Discover why so many are choosing the relaxed, nature-rich lifestyle of Dunnellon Florida.

19831 Sw Nightingale Drive, Dunnellon
$314,900
4 Beds ⋅ 3 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Under Construction. Brand-new house in Rainbow Lakes Estates! This stunning home combines modern style and convenience with 4 bedrooms and 2.5 bathrooms. The master bathroom is a true retreat, featuring a stunning STANDALONE TUB and a sleek SHOWER DOOR for added style and functionality. The spacious open floor plan is perfect for hosting large family gatherings, and the fully equipped kitchen includes stainless-steel appliances—refrigerator, range, disposal, dishwasher, and microwave, along with a stylish WATERFALL ISLAND that adds a touch of elegance. Additional features include a SMART KEY system for enhanced security and the peace of mind that comes with a 2-10 HOME BUYERS WARRANTY. Don’t miss out—schedule a showing today! (Photos refer to the model home.)

1939 Sw Viburnum Road, Dunnellon
$240,000
3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Under Construction. Under construction. Pre-Construction Opportunity in Rainbow Lakes Estates, Dunnellon! .26 of an Acre This modern 3-bedroom, 2-bathroom single-family home is designed for comfort, function, and timeless appeal. With approximately 1,200 sq ft of smartly optimized living space, the layout offers open-concept living, vaulted ceilings, premium vinyl floors, and granite countertops. The spacious master suite includes a walk-in closet and a beautifully finished bathroom with porcelain touches. The kitchen boasts modern cabinetry, stainless steel appliances, and recessed LED lighting. Approximately 15 minutes from Worl Equestrian Center. A rare chance to own a customizable new home in one of Dunnellon’s most desirable neighborhoods. Completion time available upon request.

21950 Sw Marine Boulevard, Dunnellon
$149,000
3 Beds ⋅ 1 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
GREAT REMODELING OPPORTUNITY! Looking for a home with potential? This 3-bedroom, 1-bath home sits on a spacious .24-acre lot in Rainbow Lakes Estates and is ready for someone with vision to bring it back to life! Property Highlights: 3 Bedrooms1 Bathroom .24-Acre Lot. Located in Rainbow Lakes Estates!! No HOA Fees. Excellent opportunity to remodel, renovate, and make it your own whether you're looking for your next project, an investment opportunity, or a home you can customize to your taste, this property is worth a look

20919 Sw Robin Drive, Dunnellon
$229,000
3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
NEWER HOME + NO HOA + ROOM TO ROAM! Welcome to this 2022-built 3BR/2BA home in Rainbow Lakes Estates! This move-in-ready home features an open floor plan, vaulted ceilings, split bedrooms, vinyl flooring, stainless steel appliances, indoor laundry, and an attached garage. Sitting on a spacious .26-acre lot with a cleared yard, there’s plenty of room for your outdoor plans. Enjoy the peace of Dunnellon living with the freedom of no HOA and easy access to Florida’s beautiful springs, rivers, and outdoor recreation. Don’t miss this one!

24178 Nw Luna Avenue, Dunnellon
$335,000
4 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Virtually Staged. Under Construction. Virtually Staged. Under Construction. Beautiful brand new construction on 1 ACRE from Marion County's most sought after builder. Located in Rainbow Lakes Estates. NO HOA This home boasts a large open split floor plan that allows plenty of natural light into the living areas!! 4 bedroom, 2 bathroom 2 car garage. High end finishes include shaker style solid wood cabinets, granite countertops; Stainless steel appliancepackage in the kitchen; Primary suite features trayed ceiling, large walk-in closet, tiled walk-in shower. Metal roof. This home will not last longGUARANTEED! Check out the covered back patio. This home is just a few weeks from completion. MAKE IT YOURS TODAY!

23262 Neptune Boulevard, Dunnellon
$12,000
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Build your Florida dream home on this affordable 0.24-acre lot in Rainbow Lakes Estates with PAVED ROADS AND ELECTRICITY AVAILABLE, no flood zone, no time limit to build, and a peaceful location conveniently close to Dunnellon, Ocala, Rainbow Springs, the Rainbow River, shopping, dining, and outdoor recreation.

Sw Algiers Ct, Dunnellon
$289,000
3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Inviting 3BR/2BA like new home close to Tiger Lake in desirable area of Marion County, Rainbow Lakes Estates - no HOA. Private and peaceful setting, not uncommon to see deer and native birds. Minutes from Dunnellon for shopping at Publix and Walmart; central to Williston and Ocala. For those who love to fish, minutes from Crystal River which offers Gulf access. Home features light and bright open floor plan with beautiful kitchen offering deep farm sink, abundance of cabinet space, granite counter tops and stainless appliances. Wood look laminate flooring throughout for easy maintenance; cathedral ceilings, split floor plan with Primary Suite having a walk-in closet and tiled shower. Home has a bleach-based water treatment system installed in 2025, which has been recently serviced as well as a metal privacy fence with double gate at the road for easy access to park your boat or 5th wheel, etc. Property offers entry ramps in front and rear. Do not miss this opportunity to preview and own this home today. Come join us in the Sunshine State and enjoy the weather year round.

4534 Sw Clearwater Court, Dunnellon
$35,000
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Peaceful, calm and quiet awaits on mostly cleared 1 acre lot on Levy County side of Rainbow Lakes Estates. This property is on a paved road and 20 minutes to the Rainbow River, 30 minutes to the Gulf coast for fishing, boating, beautiful sunsets and manatee watching. The subdivision has a community center, tennis, racket ball and basketball courts, playground, fitness center, park, Tiger Lake and no HOA.

00 Se 125th Court, Dunnellon
$244,900
3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Welcome home to this beautifully maintained 3 bedroom, 2 bath home, just a few years young and situated on a spacious, fenced in 0.99 acre private lot. Located on a peaceful dead end street, this property offers the perfect blend of privacy, comfort, and easy access to community amenities. Fresh interior paint throughout gives the home a clean, move in ready feel. Located in Rainbow Lake Estates, residents and property owners have access to three beautiful bodies of water: Lake Bonable, Tiger Lake, and Little Bonable Lake. The community offers an impressive selection of recreational amenities for residents to enjoy. The popular Rainbow River is also located nearby, offering additional opportunities to enjoy the area's natural beauty and outdoor recreation. Sea Cliff Park features basketball, tennis, racquetball, and pickleball courts, providing plenty of opportunities for outdoor recreation and staying active. The youth center offers a fun space for younger residents with air hockey, a pool table, and computer games. Water enthusiasts can enjoy swimming, canoeing, and fishing on the lake, while the beautiful gazebo near Lake Bonable provides a peaceful spot to relax, enjoy the shade, and take in the scenic surroundings. With its newer construction, fresh interior paint, large private lot, peaceful setting, nearby Rainbow River, and access to fantastic community amenities, this home is a wonderful opportunity to enjoy the best of Rainbow Lake Estates living.

4762 Sw Gardenia Court, Dunnellon
$27,000
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
No HOA...Come build your dream home in beautiful Rainbow Lakes Estates. High and Dry .99 acre lot, sits on a beautifully wooded landscape with a paved road. Just minutes from the community park, lakes and the amazing Rainbow River. Quick access to restaurants, shopping and a short drive to the Gulf. 30 minutes to Ocala and the World Equestrian Center. Zoned R1 Residential homes only. Make Rainbow Lakes Estates the community to call home.

Sw Timberlake Road, Dunnellon
$21,800
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Affordable Residential Homesite with Paved-Road Frontage in Rainbow Lakes Estates! This approximately 0.24-acre property contains approximately 10,454 square feet and measures approximately 70 feet wide by 150 feet deep, providing ample space for a future site-built single-family residence. Zoned R-1 residential, the property features paved frontage along SW Peacock Drive and is surrounded by established residences and newer construction. Its natural vegetation allows for selective clearing and the design of the homesite around the owner’s preferred layout. No HOA and No CDD! Rainbow Lakes Estates offers recreational amenities available to residents and property owners. Sea Cliff Community Park features tennis, pickleball, basketball and racquetball courts, a walking trail, softball field and pavilions. Lake Bonable provides opportunities for swimming, canoeing and fishing. The community also offers a youth center, fitness center and organized clubs. Convenient access to U.S. Highway 41 and State Road 40 provides connections to Downtown Dunnellon, Ocala, Crystal River and Interstate 75. Shopping, supermarkets, restaurants, banking, schools, postal services and other everyday conveniences are available in the surrounding Dunnellon area. Nearby Rainbow Springs State Park is known for its beautiful natural surroundings and crystal-clear waters, with opportunities for swimming, kayaking, canoeing, tubing, hiking and picnicking. Build your future Florida home or purchase now and hold for long-term investment while enjoying the recreation and natural beauty of the Dunnellon area. Qualified buyers may purchase with as little as a 20% down payment.

Sw Peacock Drive, Dunnellon
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