Google satellite image for 516 Rainbow Springs Loop, Groveland, FL 34736

Off market feb 2026 for $275K

$277,206

Est. refi paymentEst. refi $2,275/mo

•

2.5 ba

•

1,629

sq ft

516 Rainbow Springs Loop, Groveland, FL 34736

About this home

516 Rainbow Springs Loop is a 1,629 square foot house on a 3,496 square foot lot with 3 bedrooms and 2.5 bathrooms. - it last sold on February 18, 2026 for $275,000. Based on Redfin's Groveland data, we estimate the home's value is $277,206.

Single-familyProperty Type

2014Year Built

3,496 sq ftLot Size

$170Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$277,206

$2,206 since sold in February 2026$10K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.3% lower than the average sale price ($306K) of 6 comparable homes.

SOLD OCT 8, 2026
$269,000
A
3 beds2.5 baths1,629 sq ft
611 Tiger Bay Ct, Groveland, FL 34736
SOLD SEP 25, 2026
$305,000
B
3 beds2.5 baths1,668 sq ft
543 Juniper Springs Dr, Groveland, FL 34736
SOLD JAN 16, 2026
$260,000
C
3 beds2.5 baths1,629 sq ft
520 Rainbow Springs Loop, Groveland, FL 34736
SOLD AUG 28, 2026
$369,000
D
3 beds2.5 baths2,088 sq ft
606 Lake Talquin Way, Groveland, FL 34736
SOLD FEB 19, 2026
$275,000
E
3 beds2.5 baths1,550 sq ft
549 Rainbow Springs Loop, Groveland, FL 34736
SOLD AUG 25, 2026
$355,000
F
3 beds2 baths1,600 sq ft
1328 Water Willow Dr, Groveland, FL 34736

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Earn from this home

Sell

$42,210

Est. take-home

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Est. cash available

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Rent

$2,426/mo

Redfin rental estimate

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Market trends in 34736, FL

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

99.0%

0.1% MoM

Median sale price

$390K

$10K MoM

Avg. days on market

53d

11 days MoM

Recently sold homes

161

15 MoM

New listings for sale

NEW 16 HRS AGO
$469,000
5 beds3.5 baths2,586 sq ft
9389 LA Salle St, Groveland, FL 34736
NEW 21 HRS AGO
$334,999
2 beds2 baths1,568 sq ft
75 Bayou Bend Rd, Groveland, FL 34736
FOR SALE BY OWNER
$15,000
2 beds2 baths— sq ft
15130 Timber Village Rd, Groveland, FL 34736
$319,000
3 beds2.5 baths2,320 sq ft
216 Tres Reyes Ln, Groveland, FL 34736
$600,000
3 beds2.5 baths2,449 sq ft
166 Bayou Bend Rd, Groveland, FL 34736
COMING SOON
$350,000
2 beds2 baths1,568 sq ft
374 Alcove Dr, Groveland, FL 34736
LISTED BY REDFIN
$619,900
4 beds3 baths2,810 sq ft
121 Harvest Gate Blvd, Groveland, FL 34736
3D WALKTHROUGH
$1,250,000
5 beds4 baths3,483 sq ft
113 Peace River Ct, Groveland, FL 34736
COMING SOON
$325,000
2 beds2 baths1,612 sq ft
255 Silver Maple Rd, Groveland, FL 34736
$485,000
3 beds3.5 baths2,379 sq ft
164 Silver Maple Rd, Groveland, FL 34736
See all

Provided by Redfin

Sale history for 516 Rainbow Springs Loop

Year

Property tax

Land + Additions

Assessment*

2025

$4,791 (+2.2%)

$50,000 + $201,057

$251,057

2024

$4,687 (+6.6%)

2023

$4,397 (+3.7%)

2022

$4,239 (+26.3%)

2021

$3,358 (+8.2%)

$42,500 + $144,647

$187,147

2020

$3,104 (+0.8%)

$31,875 + $139,905

$171,780

2019

$3,080 (+13.2%)

2018

$2,722 (−0.5%)

2017

$2,736 (+2.5%)

$34,425 + $111,450

$145,875

2016

$2,668 (−1.2%)

$25,500 + $111,450

$136,950

2015

$2,701 (+618.4%)

$25,500 + $106,678

$132,178

2014

$376 (+6.5%)

2013

$353 (−1.5%)

2012

$358

Tax history for 516 Rainbow Springs Loop

Year

Property tax

Land + Additions

Assessment*

2025

$4,791 (+2.2%)

$50,000 + $201,057

$251,057

2024

$4,687 (+6.6%)

2023

$4,397 (+3.7%)

2022

$4,239 (+26.3%)

2021

$3,358 (+8.2%)

$42,500 + $144,647

$187,147

2020

$3,104 (+0.8%)

$31,875 + $139,905

$171,780

2019

$3,080 (+13.2%)

2018

$2,722 (−0.5%)

2017

$2,736 (+2.5%)

$34,425 + $111,450

$145,875

2016

$2,668 (−1.2%)

$25,500 + $111,450

$136,950

2015

$2,701 (+618.4%)

$25,500 + $106,678

$132,178

2014

$376 (+6.5%)

2013

$353 (−1.5%)

2012

$358

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Permits

Mar 10, 2026 • Final

Residential misc

Replace the existing heating and air conditioning system with a new unit of the same type and capacity.

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
# of Bathroom Fixtures: 9

Heating & Cooling
Heating Fuel Type: Electric
Heating Type: Forced Air

Exterior

Exterior Information
Physical Condition: Good
Foundation Type: Slab
Building Construction Quality: Excellent
Exterior Wall: Brick/Stucco

Property Information
Subdivision Name: GROVELAND WATERSIDE POINTE PH 01
Living Sq. Ft: 1,629
Ground Floor Sq. Ft: 931
Building Sq. Ft: 2,202
# of Stories: 1.75
Legal Description: WATERSIDE POINTE PHASE I PB 63 PG 13-21 LOT 109 ORB 4534 PG 1289 ORB 4573 PG 1929

Parking & Garage Information
Parking Type: Finished Stone Garage
Garage/Parking Sq. Ft: 420
Garage / Carport Type: Finished Stone

Lot Information
# of Buildings: 1
Land Sq. Ft: 3,496
Legal Lot Number: 109
Legal Block Number: 000
Municipality Name: GROVELAND
Acres: 0.0803
County Use Description: SINGLE FAMILY RES
State Use Description: SINGLE FAMILY

Financial

Assessor Information
Assessment Year: 2025
Tax District County: GROVELAND
Tax Area: 19.5921

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,629
Stories: 1.75
Lot Size: 3,496 square feet
Style: Single Family Residential
Year Built: 2014
Year Renovated: 2019
County: Lake County
APN: 22-22-25-0010-000-10900

Home facts updated by county records on Oct 15, 2026

Around this home

Schools

Aurelia Cole Academy

Public PreK-8 • Assigned • 1.9mi

5/10

South Lake High School

Public 9-12 • Assigned • 2.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

4% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 108° expected this year, 23 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Groveland, FL • 34736

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 6.6 hours in December, placing it above the U.S. average for solar exposure.

8.7 hrs

6.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$264,000 – $319,000

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New listings for sale in 34736

NEW 16 HRS AGO

$469,000

5 beds3.5 baths2,586 sq ft

9389 LA Salle St, Groveland, FL 34736

NEW 21 HRS AGO

$334,999

2 beds2 baths1,568 sq ft

75 Bayou Bend Rd, Groveland, FL 34736

FOR SALE BY OWNER

$15,000

2 beds2 baths— sq ft

15130 Timber Village Rd, Groveland, FL 34736

$319,000

3 beds2.5 baths2,320 sq ft

216 Tres Reyes Ln, Groveland, FL 34736

$600,000

3 beds2.5 baths2,449 sq ft

166 Bayou Bend Rd, Groveland, FL 34736

COMING SOONVIDEO TOUR

$350,000

2 beds2 baths1,568 sq ft

374 Alcove Dr, Groveland, FL 34736

LISTED BY REDFIN3D WALKTHROUGH

$619,900

4 beds3 baths2,810 sq ft

121 Harvest Gate Blvd, Groveland, FL 34736

3D WALKTHROUGH

$1,250,000

5 beds4 baths3,483 sq ft

113 Peace River Ct, Groveland, FL 34736

COMING SOON

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Home values near 516 Rainbow Springs Loop

Data from public records.

Address	Redfin Estimate
541 Rainbow Springs Loop, Groveland, FL 3 Beds \| 2.5 Baths \| 1650 Sq. Ft.	$289,747
518 Rainbow Springs Loop, Groveland, FL 3 Beds \| 2.5 Baths \| 1629 Sq. Ft.	$274,154

Address	Redfin Estimate
504 Rainbow Springs Loop, Groveland, FL 3 Beds \| 2.5 Baths \| 1632 Sq. Ft.	$269,780
514 Rainbow Springs Loop, Groveland, FL 3 Beds \| 2.5 Baths \| 1550 Sq. Ft.	$274,238

Address	Redfin Estimate
520 Rainbow Springs Loop, Groveland, FL 3 Beds \| 2.5 Baths \| 1629 Sq. Ft.	$276,836
512 Rainbow Springs Loop, Groveland, FL 3 Beds \| 2.5 Baths \| 1629 Sq. Ft.	$284,888

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GreatSchools Ratings provided by GreatSchools.org.

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