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 charming subdivision offers a perfect blend of natural beauty and modern conveniences, making it an ideal location for families, retirees, and anyone seeking a tranquil lifestyle amidst the splendor of nature.

Rainbow Lakes Estate is renowned for its picturesque setting, featuring lush landscapes, serene lakes, and abundant wildlife. Residents can enjoy leisurely strolls along tree-lined streets, take in breathtaking views, and experience the soothing sounds of nature right in their own backyard. The community is designed to promote an active lifestyle, with plenty of opportunities for outdoor recreation, including fishing, boating, and hiking in the nearby scenic trails of the Withlacoochee State Forest.

Conveniently located just minutes from the charming downtown area of Dunnellon, residents have access to a variety of local shops, restaurants, and amenities. Whether you're craving a delicious meal, exploring unique boutiques, or enjoying community events, there's always something happening nearby. For those who appreciate the arts, Dunnellon also hosts a vibrant arts scene, showcasing local talent and creativity.

Rainbow Lakes Estate is not just a place to live; it’s a community where neighbors become friends. With a welcoming atmosphere and a strong sense of community spirit, you’ll feel right at home. Discover the joys of living in this beautiful subdivision, where the tranquility of nature meets the warmth of community life. Come and explore your future in Rainbow Lakes Estate—where your dream home awaits!

Newest Listings in Rainbow Lakes Estate

no property photo
$244,900
3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv.
Under Construction. Be among the first to experience the charm of this new construction, the “Wellington” Model by Bakan Homes, set to be completed by January 16th, 2026. This beautifully designed home combines timeless farmhouse-inspired architecture with modern comfort, making it the perfect choice for families, first-time homebuyers, or anyone seeking a fantastic investment opportunity. Offering 1,233 square feet of living area and 1,709 total square feet, this thoughtfully designed floor plan features 8’ ceilings in the bedrooms and vaulted ceilings in the social areas, creating an open and inviting atmosphere throughout the home. The heart of the home showcases soft-close cabinetry, elegant quartz countertops, and a full stainless steel appliance package, including a dishwasher. The functional kitchen design seamlessly connects to the living and dining areas, making it ideal for both everyday living and entertaining guests. Luxury water-resistant vinyl plank flooring extends throughout the home, providing both beauty and durability while ensuring easy maintenance for busy households and pet owners alike. Every detail has been carefully selected to offer the perfect balance of style, comfort, and functionality. Your investment is protected by a limited Builder Warranty that expires one year after the issuance of the Certificate of Occupancy. Pictures are of a recently completed model. Colors, finishes, fixtures, and appliances may vary from home to home. Estimated completion dates are subject to change and may be delayed due to unforeseen circumstances.

93 Nw Tree Top Road, Dunnellon
Sw Edgewater Boulevard, Dunnellon
$39,000
Rainbow Lakes Estate SubDv.
Discover the possibilities with this .99-acre wooded lot in Rainbow Lakes Estates! Surrounded by natural Florida beauty, this spacious property offers plenty of room to build your future home while enjoying privacy and a peaceful setting. Located in the growing Dunnellon area with access to nearby outdoor recreation, rivers, lakes, and local amenities. Whether you’re ready to build or looking to invest in land for the future, this property is a great opportunity to own property in Rainbow Lakes Estates. No HOA!

Sw Edgewater Boulevard, Dunnellon
Lot 106 Rainbow Lakes Estates Sec K, Dunnellon
$23,000
Rainbow Lakes Estate SubDv.
Residential lot in Rainbow Lakes Estates, close to Rainbow Springs State Park. Great opportunity to build or invest in Dunnellon. Buyer to verify all information.

Lot 106 Rainbow Lakes Estates Sec K, Dunnellon
Lot 42 Sw Azalea Court, Dunnellon
$33,500
Rainbow Lakes Estate SubDv.
Discover the perfect opportunity to build your dream home or invest for the future in Rainbow Lakes Estates! This spacious 0.99-acre lot (approximately 134' x 321') offers plenty of room to enjoy the Florida lifestyle with NO HOA fees! Rainbow Lakes Estates features three lakes and a community park, providing opportunities for outdoor recreation and relaxation. Conveniently located just a short drive from Dunnellon, where you'll find shopping, dining, medical facilities, Walmart, Publix, Tractor Supply, and more. Enjoy nearby access to the beautiful Rainbow and Withlacoochee Rivers, known for boating, fishing, kayaking, and other outdoor activities. Build now or invest for the future!

Lot 42 Sw Azalea Court, Dunnellon
TBD Sw Shorewood Drive, 503.504, Dunnellon
$39,950
Rainbow Lakes Estate SubDv.
LAKEFRONT LIVING ON BONABLE LAKE! YOUR OWN PIECE OF PARADISE IN RAINBOW LAKES ESTATES! Imagine building your dream home overlooking the peaceful waters of Bonable Lake, part of the beautiful chain of lakes that includes Tiger Lake, in Rainbow Lakes Estates in Dunnellon, Florida! This 0.29-acre lakefront lot offers a wonderful opportunity to enjoy the beauty of nature, peaceful country living, and the convenience of nearby amenities. AND WAIT UNTIL YOU SEE THE LOCATION! Situated on SW Shorewood Drive, this property is the second-to-last lot on the road, giving it an almost cul-de-sac feel with minimal through traffic. Imagine relaxing with your morning coffee, enjoying the lake views, watching the wildlife, and coming home to your own little piece of Florida paradise! Zoned R-1 for site-built homes and located in Flood Zone X, the property features paved road access, electricity nearby, and NO HOA FEES! Here's your opportunity to build the home you've always wanted in a quiet, established community. Rainbow Lakes Estates offers an impressive variety of recreational amenities, including community lakes, fishing piers, boat ramps, parks, playgrounds, tennis and basketball courts, shuffleboard, a clubhouse, community center, youth center, and more! Whether you enjoy fishing, boating, outdoor recreation, or simply relaxing in the great outdoors, there's something here for everyone. And while you'll feel tucked away from the hustle and bustle, you're still conveniently located near historic downtown Dunnellon, Rainbow Springs State Park, the beautiful Rainbow River, Juliette Falls Golf Course, and the World Equestrian Center. Ocala, Gainesville, Crystal River, and the Gulf Coast are also within driving distance. 0.29 ACRES! LAKEFRONT! PEACEFUL SETTING! NO HOA FEES! Affordable lakefront opportunities like this are worth a closer look! Whether you're planning your forever home, a peaceful retirement retreat, or simply looking for a beautiful place to enjoy Florida living, this property offers a wonderful setting to make those dreams a reality. Don't just imagine the possibilities — come experience them for yourself! Schedule your private showing, and let's go take a look!

TBD Sw Shorewood Drive, 503.504, Dunnellon
Sw Cardinal Avenue, Dunnellon
$42,500
Rainbow Lakes Estate SubDv.
Build your dream home on this pristine vacant residential lot — a rare offering with NO HOA, NO HOA fees, and frontage on a paved road. This property provides a clean, unrestricted canvas for your ideal home, vacation retreat, or investment opportunity. Fully accessible via public paved road, the lot offers easy ingress and egress, connecting you to local infrastructure and services. The parcel is located in a quiet, low-density neighborhood, yet remains conveniently close to shopping, schools, and community amenities. Whether you’re looking to build a year-round residence or seasonal getaway, this lot delivers flexibility — with no restrictions from covenants or HOA rules. Survey available. Don’t miss this chance to own an affordable piece of land with maximum freedom and accessibility.

Sw Cardinal Avenue, Dunnellon
23330 Sw Marine Boulevard, Dunnellon
$254,900
3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv.
Experience the peace and tranquility of country living in this Newer 3 bedroom 2 bath Home on a 1/2 Acre lot, Located in the up and coming neighborhood of Rainbow Lakes Estates just 30 minutes west Ocala, 15 minutes from Downtown Dunnellon where you will find Publix, Walmart and many other stores and great restaurants, and 30 minutes from the The Florida Nature Coast and Gulf Coast town of Crystal River. This home's upgrades include Stainless Steel Appliances, Wood Cabinets with soft close hinges, Granite Countertops in Kitchen and Baths, Tile Shower and bath, Luxury Vinyl Plank Flooring in main areas with carpet in all bedrooms, and 10 x 10 patio. As an added bonus, the 2 car garage is equipped with garage door opener and wireless keypad. Concrete Block Construction and Energy efficient windows will keep your energy costs low. Love the Community you live in! Rainbow Lakes Estates offers a Community Center, Fitness Center and a Recreational Park which include playgrounds, tennis courts, racquetball courts, basketball courts, baseball field, walking trails, a boat ramp to Tiger Lake, and picnic pavilions. You get all of this with NO HOA. Rainbow River and Rainbow Springs are part of Marion County's Top outdoor attractions and are only a short 10 minute drive from Rainbow Lakes Estates. Enjoy the crystal clear water for kayaking, tubing and outdoor fun. Play a round of golf just 15 minutes away at Nationally recognized Juliette Falls Championship Golf Course. In a short 25 minute drive you can visit The World Equestrian Center in Ocala, The largest equestrian complex in the United States. Whether you enjoy outdoor activities and adventure, or prefer to relax and enjoy the beauty of nature, you'll love calling Rainbow Lakes Estates your home. Close enough to everything with quiet country living!

23330 Sw Marine Boulevard, Dunnellon
TBD Sw Beach Blvd, Dunnellon
$22,500
Rainbow Lakes Estate SubDv.
Beautiful, cleared residential lot in Rainbow Lakes Estates! Conveniently located on a paved road, this property offers public water availability and is ready for you to bring your vision to life and build the home you’ve always dreamed of. Enjoy the opportunity to create your own space in a peaceful setting and make your homeownership dreams a reality. Don’t miss this opportunity to own a piece of Florida!

TBD Sw Beach Blvd, Dunnellon
20073 Sw Rainbow Lakes Boulevard, Dunnellon
$194,900
2 Beds ⋅ 1 Baths ⋅ Rainbow Lakes Estate SubDv.
Under Construction. This charming concrete block home features an efficient open-concept living area that seamlessly flows into a cozy dining space—perfect for casual gatherings and making the most of every inch. The exterior will feature beautiful stone accents, adding character and curb appeal to this charming home. The kitchen is thoughtfully designed with real wood cabinets, elegant granite countertops, and high-end stainless-steel appliances, providing both style and functionality for preparing meals and entertaining. Throughout the home, luxury LVP flooring adds a sleek, contemporary touch while offering easy maintenance and durability. The bathroom is equally impressive, showcasing full tile for a clean, sophisticated finish. Every detail has been carefully considered to create a home that’s not only beautiful but built for everyday living. ** Pictures are of a Model Home and not the actual home. **

20073 Sw Rainbow Lakes Boulevard, Dunnellon
Southeast 129th Court, Dunnellon
$20,000
Rainbow Lakes Estate SubDv.
Your next chapter starts with land! Explore the possibilities of this lot in Rainbow Lakes Estates, located in Levy County in the Dunnellon area. Bring your vision for a future Florida home or consider adding land to your long-term investment plans. Discover the surrounding area’s outdoor appeal, from Rainbow Springs State Park to recreation along the Rainbow River. Take the opportunity to explore this property’s potential firsthand. Buyer and buyer’s agent to verify zoning, permitted uses, buildability, lot dimensions, legal access, utilities, flood zone, and applicable restrictions with the appropriate county departments.

Southeast 129th Court, Dunnellon
Sw Admiral Landing Drive, Dunnellon
$37,000
Rainbow Lakes Estate SubDv.
Exceptional investment opportunity in growing Marion County. This high-potential 0.99-acre vacant residential lot features a clean slate for residential development or a long-term buy-and-hold strategy. Conveniently situated with access to key regional thoroughfares, local commerce, and Central Florida’s expanding infrastructure. Positioned in a desirable corridor with strong land appreciation potential. Build now or hold for future upside—securing key acreage in a high-demand market.

Sw Admiral Landing Drive, Dunnellon
TBA Sw Marine Blvd, Dunnellon
$36,000
Rainbow Lakes Estate SubDv.
Don't miss this wonderful opportunity to own two beautiful adjoining quarter-acre lots being sold together, offering a combined total of approximately 0.48 acres! With plenty of space to build your dream home, you can still enjoy ample room for a sparkling swimming pool, a beautiful garden, or your own private outdoor retreat. Imagine creating the perfect backyard oasis for entertaining family and friends or simply relaxing and enjoying the Florida lifestyle. Two lots, endless possibilities! Take advantage of this opportunity to own a spacious homesite in Rainbow Lakes Estates and bring your dream home to life!

TBA Sw Marine Blvd, Dunnellon
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