Rainbow Lakes Estates, FL homes for sale & real estate

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ABOUT THIS HOME
Rainbow Lakes Estates, FL Homes for Sale
Build your dream home in Rainbow Lakes Estates! This mostly cleared, level ~. 99-acre lot sits on a paved road and already has a temporary utility pole on site (currently inactive, buyer to contact electric company for service setup information). Enjoy no HOA fees, but access to community perks through the Municipal Services District, including parks, lakes, tennis/basketball courts, and a clubhouse. Close to Rainbow Springs, Dunnellon, and Ocala. Power nearby, well and septic needed. Great spot for your next home or future investment.

$32,000

— beds— baths— sq ft

4929 SW Portulaca Ct, Dunnellon, FL 34431

Paved road • Level lot • Community perks

ABOUT THIS HOME
Rainbow Lakes Estates, FL Homes for Sale
Now You Can Have It All! Build your dream home surrounded by nature. Experience the best of both worlds — a peaceful countryside setting with shopping, dining, and entertainment options nearby. Don’t miss out on this rare opportunity at an unbeatable price!

$27,500

— beds— baths— sq ft

1159 SW Valencia Hights Ave, Dunnellon, FL 34431

Top-rated schools • 0.99 acre lot • Listed 46 days

ABOUT THIS HOME
Rainbow Lakes Estates, FL Homes for Sale
Beautiful flat lightly wooded high and dry home site. Enjoy this quiet and nice neighborhood with "no" HOA but has amenities like one. Fishing lakes, tennis courts, playgrounds and more. Just near enough to town, but far enough for a county lifestyle. Enjoy central Florida's weather and tons of outdoor fun. Property is ready for its new owner and your choice of home.

$13,900

— beds— baths— sq ft

00 Geranium Ave, Dunnellon, FL 34431

Playgrounds • Tennis courts • Fishing lakes

ABOUT THIS HOME
Rainbow Lakes Estates, FL Homes for Sale
Build your dream home on this beautiful . 23-acre wooded lot located in a peaceful rural area of Dunnellon, FL. Nestled among mature trees, this property offers a natural setting perfect for a custom home with a garden and outdoor living space. Zoned R1, this parcel allows for residential development with room to spread out. This area offers convenient access to fishing, kayaking, and nature exploration. Nearby you’ll also find hiking trails, picnic areas, and local shops and restaurants just a short drive away. Whether you’re looking to build now or invest for the future, this lot provides flexibility and long-term value. No HOA and easy access to area amenities. Drive by and t

$11,000

— beds— baths— sq ft

TBD NW Narcissus Rd, Rainbow Lakes Estates, FL 34431

Wooded lot • Custom home • Zoned r1

ABOUT THIS HOME
Rainbow Lakes Estates, FL Homes for Sale
Welcome to Rainbow Lake Estates in Dunnellon, FL! This spacious 1.06-acre rectangular lot (150' x 307') sits in Non-Flood Zone X—and offers paved road access in a peaceful, wooded setting. It’s a fantastic opportunity to build your custom home in a serene rural environment surrounded by nature. Just a short drive away, you’ll find the clear waters and beauty of Rainbow Springs, where you can enjoy kayaking, swimming, snorkeling, and tubing. Rainbow Springs also features scenic walking trails, camping spots, and a unique waterfall—making Rainbow River a perfect destination for both adventure and relaxation in a stunning natural setting. You’ll also appreciate th

$28,500

— beds— baths— sq ft

TBD SW Indian Hill Dr, Dunnellon, FL 34431

1.06 acre lot • Non flood zone • Wooded setting

Property at Deer Park Hts SW, Dunnellon, FL 34431

$45,000

— beds— baths— sq ft

Deer Park Hts SW, Dunnellon, FL 34431

Property at TBD NW Buena Vista Rd, Rainbow Lakes Estates, FL 34431

$19,000

— beds— baths— sq ft

TBD NW Buena Vista Rd, Rainbow Lakes Estates, FL 34431

Property at 0 NW Foxglove Ln, Dunnellon, FL 34431

$36,000

— beds— baths— sq ft

0 NW Foxglove Ln, Dunnellon, FL 34431

Property at TBD SE 136th Ave, Dunnellon, FL 34431

$8,500

— beds— baths— sq ft

TBD SE 136th Ave, Dunnellon, FL 34431

Property at 0000 SW Seaweed Ave, Dunnellon, FL 34431

$9,500

— beds— baths— sq ft

0000 SW Seaweed Ave, Dunnellon, FL 34431

Property at 00 SW Breezy Point Dr, Dunnellon, FL 34431

$27,000

— beds— baths— sq ft

00 SW Breezy Point Dr, Dunnellon, FL 34431

Property at LOTS 65 & 66 NW Banyan Ln, Rainbow Lakes Estates, FL 34431

$25,000

— beds— baths— sq ft

LOTS 65 & 66 NW Banyan Ln, Rainbow Lakes Estates, FL 34431

Property at SE 125th Ct, Dunnellon, FL 34431

$37,500

— beds— baths— sq ft

SE 125th Ct, Dunnellon, FL 34431

Property at Lot 26 SE 133rd Ave, Dunnellon, FL 34434

$20,000

— beds— baths— sq ft

Lot 26 SE 133rd Ave, Dunnellon, FL 34434

Property at TBD SW Buena Vista Rd, Dunnellon, Fl, FL 34431

$18,000

— beds— baths— sq ft

TBD SW Buena Vista Rd, Dunnellon, Fl, FL 34431

Property at 00 SW Green Bay Dr Lot 21, Rainbow Lakes Estates, FL 34431

$31,000

— beds— baths— sq ft

00 SW Green Bay Dr Lot 21, Rainbow Lakes Estates, FL 34431

Property at LOT 2 SW Winding Hills Rd, Rainbow Lakes Estates, FL 34431

$25,975

— beds— baths— sq ft

LOT 2 SW Winding Hills Rd, Rainbow Lakes Estates, FL 34431

Property at Redwing Rd, Dunnellon, FL 34430

$11,000

— beds— baths— sq ft

Redwing Rd, Dunnellon, FL 34430

Property at lot 13 NW Geranium Ave, Dunnellon, FL 34431

$29,500

— beds— baths— sq ft

lot 13 NW Geranium Ave, Dunnellon, FL 34431

Property at Dunellon, Dunnellon, FL 34431

$14,900

— beds— baths— sq ft

Dunellon, Dunnellon, FL 34431

Property at 00 SW Edgewater Blvd, Dunnellon, FL 34431

$35,900

— beds— baths— sq ft

00 SW Edgewater Blvd, Dunnellon, FL 34431

Property at 0000 SE 123rd Ave, Dunnellon, FL 34431

$9,000

— beds— baths— sq ft

0000 SE 123rd Ave, Dunnellon, FL 34431

Property at NW Amberjack Ave, Dunnellon, FL 34431

$35,000

— beds— baths— sq ft

NW Amberjack Ave, Dunnellon, FL 34431

$18,900

— beds— baths— sq ft

SW Sea Cliff Ave

(305) 742-0520

Property at Undisclosed address, Rainbow Lakes Estates, FL 34431

$26,000

— beds— baths— sq ft

Undisclosed address, Rainbow Lakes Estates, FL 34431

Property at 0 SE 139 Ct, Dunnellon, FL 34434

$48,000

— beds— baths— sq ft

0 SE 139 Ct, Dunnellon, FL 34434

Property at Lot 422 & 423 SW Shorewood Dr, Dunnellon, FL 34431

$39,000

— beds— baths— sq ft

Lot 422 & 423 SW Shorewood Dr, Dunnellon, FL 34431

Property at LOTS 476 & 477 SW Shorewood Dr, Dunnellon, FL 34431

$50,000

— beds— baths— sq ft

LOTS 476 & 477 SW Shorewood Dr, Dunnellon, FL 34431

Property at Lot 18 SW Pine Bluffs Rd, Dunnellon, FL 34432

$44,900

— beds— baths— sq ft

Lot 18 SW Pine Bluffs Rd, Dunnellon, FL 34432

Property at 0 NW Hank Hoff Rd, Dunnellon, FL 34431

$28,900

— beds— baths— sq ft

0 NW Hank Hoff Rd, Dunnellon, FL 34431

Property at SW Edgewater Blvd, Dunnellon, FL 34431

$33,900

— beds— baths— sq ft

SW Edgewater Blvd, Dunnellon, FL 34431

Property at Lot 33 SW Neptune Blvd, Dunnellon, FL 34431

$34,900

— beds— baths— sq ft

Lot 33 SW Neptune Blvd, Dunnellon, FL 34431

Property at Lots 11.12 SW Shorewood Dr, Dunnellon, FL 34431

$65,000

— beds— baths— sq ft

Lots 11.12 SW Shorewood Dr, Dunnellon, FL 34431

Property at Sea Weed Ave, Dunnellon, FL 34431

$12,000

— beds— baths— sq ft

Sea Weed Ave, Dunnellon, FL 34431

Property at 1281 SW Viburnum Rd, Dunnellon, FL 34431

$89,999

— beds— baths— sq ft

1281 SW Viburnum Rd, Dunnellon, FL 34431

Property at TBD SW Shorewood Dr, Dunnellon, FL 34431

$33,000

— beds— baths— sq ft

TBD SW Shorewood Dr, Dunnellon, FL 34431

Property at SW SW Indian Hill Dr, Rainbow Lakes Estates, FL 34431

$45,000

— beds— baths— sq ft

SW SW Indian Hill Dr, Rainbow Lakes Estates, FL 34431

(305) 592-1588

Property at Lot 22 SW Rainbow Lakes Blvd, Rainbow Lakes Estates, FL 34431

$23,900

— beds— baths— sq ft

Lot 22 SW Rainbow Lakes Blvd, Rainbow Lakes Estates, FL 34431

Property at LOT 22 SW Breakwater Blvd, Rainbow Lakes Estates, FL 34431

$40,000

— beds— baths— sq ft

LOT 22 SW Breakwater Blvd, Rainbow Lakes Estates, FL 34431

Property at LOTS 444, 445 SW Shorewood Dr, Dunnellon, FL 34431

$58,995

— beds— baths— sq ft

LOTS 444, 445 SW Shorewood Dr, Dunnellon, FL 34431

Property at 00 SW Blue Berry Ln Lot 11, Rainbow Lakes Estates, FL 34431

$28,500

— beds— baths— sq ft

00 SW Blue Berry Ln Lot 11, Rainbow Lakes Estates, FL 34431

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Based on information submitted to the MLS GRID as of Wed Dec 24 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Average home prices near Rainbow Lakes Estates, FL

Cities

Yankeetown homes for sale
$499,000
Ocala homes for sale
$280,888
Williston homes for sale
$322,250
Morriston homes for sale
$975,000
Inglis homes for sale
$517,000
Bronson homes for sale
$309,000
Ocala Estates homes for sale
Rainbow Springs homes for sale
$363,265
On Top of the World homes for sale
$329,500
Liberty Triangle homes for sale
$304,718
Dunnellon homes for sale
$277,777
Marion Oaks homes for sale
$299,900

Zip Codes

Rainbow Lakes Estates, FL real estate trends

All Home Types trends in Rainbow Lakes Estates, FL

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$248,950

+2.9% YoY | Nov 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Nov 2025

Growth

% YoY

Rainbow Lakes Estates, FL

$248,950

+2.9%

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