Rainbow Lakes Estate Homes with Playground Community Features

Rainbow Lakes Estate Homes with Playground Community Features

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

Rainbow Lakes Estate is renowned for its spacious homes and lush, wooded lots, providing residents with ample privacy and a picturesque backdrop. The community boasts a range of amenities designed to enhance your living experience. One of the standout features is the delightful playground, where children can frolic and play while parents relax nearby. This communal space fosters a sense of togetherness, allowing families to connect and create lasting memories.

The neighborhood is also conveniently located near the stunning Rainbow River and Withlacoochee River, making it a paradise for outdoor enthusiasts. Whether you enjoy kayaking, fishing, or simply taking leisurely strolls along the water’s edge, the natural beauty surrounding Rainbow Lakes Estate is sure to inspire.

In addition to its recreational offerings, the subdivision is just a short drive from local shops, dining, and schools, ensuring that all your daily needs are met without sacrificing the peace and quiet that this community provides.

Come and discover the charm of Rainbow Lakes Estate, where your dream home awaits in a community that prioritizes family, nature, and a vibrant lifestyle. Experience the joy of living in a neighborhood that feels like a retreat, yet is close to everything you need. Welcome home!

Newest Rainbow Lakes Estate Homes with Playground 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
$74,999
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
$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
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