Rainbow Lakes Estate Homes with Racquetball Community Features

Rainbow Lakes Estate Homes with Racquetball Community Features

Welcome to Rainbow Lakes Estate, a vibrant and welcoming community nestled in the heart of Dunnellon, Florida, within the picturesque Marion County. This charming subdivision is not just a neighborhood; it’s a lifestyle choice for those seeking a blend of tranquility and recreation.

Rainbow Lakes Estate boasts an array of beautiful homes that cater to various tastes and preferences, making it an ideal place for families, retirees, and everyone in between. The community is characterized by its spacious lots, well-maintained landscapes, and a friendly atmosphere that encourages neighborly connections. Each home is designed to provide comfort and style, ensuring you find the perfect sanctuary to call your own.

One of the standout features of Rainbow Lakes Estate is its commitment to active living. Residents can enjoy the unique opportunity to engage in racquetball, thanks to the community’s dedicated facilities. Whether you're a seasoned player or just looking to try something new, the racquetball courts provide a fantastic way to stay fit and socialize with fellow residents.

In addition to racquetball, the community offers a variety of amenities, including parks, nature trails, and serene lakes, perfect for fishing or leisurely strolls. With its prime location, residents can easily access local shops, dining, and entertainment options, all while enjoying the natural beauty that Dunnellon has to offer.

Discover the charm of Rainbow Lakes Estate, where your dream home awaits, and a vibrant community lifestyle is just a step away!

Newest Rainbow Lakes Estate Homes with Racquetball 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
$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
$38,000
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Build your dream home in the serene, nature-rich community of rainbow Lakes Estates! This R1-zoned residential parcel in Marion County, Florida, offers an excellent opportunity for a single-family home site. Permitted uses include site-built homes or DCA-approved modular construction(no mobile homes). Electric service is available to the lot; a private well and septic system will be required. Nestled in Rainbow Lake Estates, owners enjoy access to community amenities through the Rainbow Lakes Estates Municipal Services District, including Lakes parks, docks, picnic areas, and recreation facilities for fishing, kayaking, hiking, and relaxing outdoors. No HOA fees, conveniently located near Rainbow Springs State Park, the Withlacoochee River, and the charming town of Dunnellon, with easy access to Ocala, major roadways, shopping and dining. This peaceful, wooded setting delivers rural Florida living at its best. Priced to sell and ready for your vision—perfect for builders, families or investors. Don’t miss this blank-canvas opportunity.

Sw Shorewood Drive, Dunnellon
$27,000
Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Find your place to begin again in the peaceful heart of Rainbow Lakes Estates. This .38 acre wooded lot offers a quiet, tree-shaded retreat — a natural canvas ready for the home you've always envisioned. Zoned R-1 for site-built homes and FREE FROM HOA RESTRICTIONS, you're free to build on your own terms with utilities nearby and a welcoming community around you. As a property owner, you'll have access to an optional community membership exclusive to Rainbow Lakes Estates residents. The community features three beautiful lakes, two parks, and a recreation area perfect for fishing and picnicking. Sea Cliff Park serves as the neighborhood's recreational hub, offering tennis courts, racquetball and handball courts, a basketball court, a softball field, a fitness center, and a youth center — everything you need to stay active and connected. When adventure calls beyond the neighborhood, you're just 20–30 minutes from paddling the crystal-clear Rainbow River, exploring Rainbow Springs State Park, and the charming towns of Dunnellon and Ocala. This isn't just land — it's the doorway to a quieter, more intentional life.

TBD Sw Shorewood Drive, 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
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