Rainbow Lakes Estates Homes with Lake Front Water Frontage

Rainbow Lakes Estates Homes with Lake Front Water Frontage

Welcome to Rainbow Lakes Estates, an enchanting subdivision nestled in the heart of Dunnellon, Florida, in Marion County. This picturesque community is a hidden gem for those seeking a serene lifestyle surrounded by nature's beauty. Known for its stunning lakefront properties, Rainbow Lakes Estates offers residents the unique opportunity to embrace waterfront living, where every day feels like a vacation.

The homes in this charming subdivision boast breathtaking lakefront views, allowing you to wake up to the gentle sounds of water lapping against the shore. Imagine sipping your morning coffee on your private deck, watching the sun rise over the tranquil waters. With a variety of architectural styles and sizes, these homes cater to diverse preferences, whether you’re looking for a cozy retreat or a spacious family residence.

Rainbow Lakes Estates is not just about beautiful homes; it’s a community that fosters a sense of belonging. Residents enjoy access to an array of recreational activities, including fishing, kayaking, and hiking, all just steps from their front doors. The nearby Rainbow River is famous for its crystal-clear waters, perfect for swimming, tubing, or simply soaking up the sun.

Conveniently located near the charming town of Dunnellon, residents can enjoy local shops, restaurants, and vibrant community events. With easy access to major highways, you’re just a short drive away from the bustling cities of Ocala and Gainesville.

If you're ready to embrace a lifestyle filled with natural beauty and tranquility, Rainbow Lakes Estates is the perfect place to call home. Discover your dream lakefront property today and experience the magic of living by the water!

Newest Rainbow Lakes Estates Homes with Lake Front Water Frontage

TBD Sunshine Ridge Road, Dunnellon
$26,000
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
Enjoy the feeling of getting away from it all while still within an easy drive of shopping, restaurants and everyday necessities. This parcel offers peaceful rural living on a paved road with convenient routes to Ocala, Gainesville, Dunnellon, Williston, Chiefland, Crystal River, and the expressway to Tampa. Minutes from the Goethe State Forest. Community amenities include a lake, boat ramp, clubhouse, gym, meeting spaces, ball fields, tennis courts, park, pavilion, youth center, playground, and walking paths. HOA membership is optional. No mobile homes permitted, and up to six chickens are allowed with no roosters. ECome have a look - take in the setting and picture what your own piece of Florida could look like.

TBD Sunshine Ridge Road, Dunnellon
21485 Sw Raintree Street, Dunnellon
$209,000
2 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
Move-in ready 2-bedroom, 2-bathroom home with a 1-car garage, 2-car carport, and 15' x 30' above-ground pool. Backyard enclosed by a white vinyl privacy fence. Located in the growing Rainbow Lakes Estates community, residents enjoy private access to Tiger Lake boat ramp. Conveniently located a short distance from Dunnellon for shopping, dining, and entertainment. 10 minutes from Rainbow Springs State Park. Numerous recent upgrades, including a new kitchen and bathrooms, new doors, new flooring throughout, and new appliances to include range, microwave, refrigerator, washer and dryer, hot water heater. Additional improvements - new HVAC system and ductwork installed 12/2025, mini-split system in the primary bedroom for added comfort. The roof was replaced in 12/2025 with 30-year fiberglass shingles and includes a transferable 30-year warranty. Other features include 6-foot ceiling fans, Alexa-compatible smart light switches, recessed lighting in the kitchen and living room ceilings, exterior - new soffit, exterior lighting, and recessed soffit lighting. Two 8-foot sheds convey with the property. Whether you're looking for a starter home, a place to enjoy the Florida lifestyle, or an investment opportunity, this property offers outstanding value and plenty of extras. Priced to sell quickly! Don't miss your opportunity to make it yours!

21485 Sw Raintree Street, Dunnellon
LOTS 15 & 16 Sw Shorewood Drive, Dunnellon
$63,750
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
AWESOME LAKE FRONT PROPERTY SITUATED ON A BIT OVER 1/2 ACRE (0.52 Acres). LOCATED ON A DEAD END ON A PAVED ROAD IN THE SOUGHT-AFTER COMMUNITY OF RAINBOW LAKES ESTATES WITH NO HOA OR TIME LIMIT TO BUILD (No Mobile Homes). PEACEFUL AND SERENE THIS HOMESITE IS NICELY TREED AND WOODED. WHAT A GREAT LOCATION TO BUILD YOUR DREAM HOME, VACATION HOME OR INVESTMENT PROPERTY ON THE LAKE. LOCATED ON BONABLE LAKE THIS PROERTY IS PERFECT FOR KAYAKING, FISHING AND BOATING RIGHT AT YOUR DOOR STEP! JUST IMAGINE ENJOYING THE BEAUTIFUL VIEW AND RELAXING LAKE FRONT WITH FRIENDS AND FAMILY ENTERTAINING IN YOUR BEAUTIFUL NEW HOME TAKING IN ALL THAT NATURE HAS TO OFFER AND OUR FINE FLORIDA WEATHER! RAINBOW LAKES ESTATES FEATURES 2 LAKES AND 2 PLAYGROUNDS, EXERCISE ROOM, TIGER LAKE WITH A BOAT RAMP, COMMUNITY CENTER AND TENNIS AND BASKETBALL COURT. CONVENIENT TO HISTORIC DOWNTOWN DUNNELLON WHERE YOU'LL FIND ANTIQUE SHOPS, RESTAURANTS AND SHOPPING, OCALA, CRYSTAL RIVER, WITHLACOOCHEE RIVER, LAKE ROUSSEAU WHERE YOU CAN ENJOY FISHING FOR LARGE MOUTH BASS, GULF COAST, GAINESVILLE, WORLD EQUESTRIAN CENTER AND THE BEAUTIFUL CRYSTAL-CLEAR WATERS OF RAINBOW SPRINGS STATE PARK WHERE YOU CAN ENJOY KAYAKING, CANOEING, TUBING, SNORKELING AND PICNICING. COME CLAIM YOUR PIECE OF PARADISE!! ***THERE IS ALSO AN ADJACENT LOT NEXT DOOR FOR SALE. THE TOTAL OF BOTH LOTS WOULD BE 1.04 ACRES***

LOTS 15 & 16 Sw Shorewood Drive, Dunnellon
LOTS 13 & 14 Sw Shorewood Drive, Dunnellon
$63,750
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
AWESOME LAKE FRONT PROPERTY SITUATED ON A BIT OVER 1/2 (0.52 Acres). LOCATED ON A DEAD END AND ON A PAVED ROAD IN THE SOUGHT-AFTER COMMUNITY OF RAINBOW LAKES ESTATES WITH NO HOA OR TIME LIMIT TO BUILD (No Mobile Homes). PEACEFUL AND SERENE THIS HOME SITE IS NICELY TREED AND WOODED. WHAT A GREAT LOCATION TO BUILD YOUR DREAM HOME, VACATION HOME OR INVESTMENT PROPERTY ON THE LAKE. LOCATED ON BONABLE LAKE THIS PROPERTY IS PERFECT FOR KAYAKING, FISHING AND BOATING RIGHT AT YOUR DOOR STEP! JUST IMAGINE ENJOYING THE BEAUTIFUL VIEW AND RELAXING LAKE FRONT WITH FRIENDS AND FAMILY ENTERTAINING IN YOUR BEAUTIFUL NEW HOME TAKING IN ALL THAT NATURE HAS TO OFFER AND OUR FINE FLORIDA WEATHER! RAINBOW LAKES ESTATES FEATURES 2 LAKES AND 2 PLAYGROUNDS, TIGER LAKE WITH A BOAT RAMP, EXERCISE ROOM, COMMUNITY CENTER, TENNIS AND BASKETBALL COURT. CONVENIENT TO HISTORIC DOWNTOWN DUNNELLON GREAT FOR ANTIQUE SHOPS, RESTAURANTS, SHOPPING, OCALA, CRYSTAL RIVER, WITHLACOOCHEE RIVER, LAKE ROUSSEAU WHERE YOU CAN ENJOY FISHING FOR LARGE MOUTH BASS, WORLD EQUESTRIAN CENTER, GAINESVILLE, GULF COAST AND THE CRYSTAL-CLEAR WATERS OF RAINBOW SPRINGS STATE PARK WHERE YOU CAN ENJOY KAYAKING, TUBING, CANOEING, PICNICING AND SNORKELING. COME CLAIM YOUR PIECE OF PARADISE!! ***THERE IS ALSO AN ADJACENT LOT NEXT DOOR FOR SALE. THE TOTAL FOR BOTH LOTS TOGETHER WOULD BE 1.04 ACRES***

LOTS 13 & 14 Sw Shorewood Drive, Dunnellon
LOTS 462 & 463 Sw Shorewood Drive, Dunnellon
$73,750
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
AWESOME LAKE FRONT PROPERTY SITUATED ON ALMOST 1/2 ACRE (0.41 Acres). LOCATED ON A PAVED ROAD IN THE SOUGHT-AFTER COMMUNITY OF RAINBOW LAKES ESTATES WITH NO HOA OR TIME LIMIT TO BUILD (No Mobile Homes). PEACEFUL AND SERENE THIS HOME SITE IS NICELY TREED AND WOODED. WHAT A GREAT LOCATION TO BUILD YOUR DREAM HOME, VACATION HOME OR INVESTMENT PROPERTY ON THE LAKE. LOCATED ON BONABLE LAKE THIS PROPERTY IS PERFECT FOR KAYAKING, FISHING AND BOATING RIGHT AT YOUR DOOR STEP! JUST IMAGINE ENJOYING THE BEAUTIFUL VIEW AND RELAXING LAKE FRONT WITH FAMILY AND FRIENDS ENTERTAINING IN YOUR BEAUTIFUL NEW HOME TAKING IN ALL THAT NATURE HAS TO OFFER AND OUR FINE FLORIDA WEATHER! RAINBOW LAKES ESTATES FEATURES 2 PLAYGROUNDS AND 2 PARKS, EXERCISE ROOM, TIGER LAKE WITH A BOAT RAMP, COMMUNITY CENTER, TENNIS AND BASKETBALL COURT. CONVENIENT TO THE DUNNELLON HISTORIC DISTRICT, GREAT FOR ANTIQUE SHOPS, RESTAURANTS, SHOPPING, OCALA, CRYSTAL RIVER, WITHLACOOCHEE RIVER, LAKE ROUSSEAU WHERE YOU CAN ENJOY FISHING FOR LARGE MOUTH BASS, WORLD EQUESTRIAN CENTER, GAINESVILLE, GULF COAST AND THE CRYSTAL-CLEAR WATERS OF RAINBOW SPRINGS STATE PARK WHERE YOU CAN ENJOY KAYAKING, TUBING, CANOEING, PICNICING AND SNORKELING. COME CLAIM YOUR PIECE OF PARADISE!!

LOTS 462 & 463 Sw Shorewood Drive, Dunnellon
21617 Sw Peach Blossom Street, Dunnellon
$199,999
3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
Welcome to Rainbow Lakes Estates — NO HOA and NO flood zone! This home offers 3 bedrooms, 2 full bathrooms, a 1-car garage, and a functional open floor plan designed for comfortable everyday living. Enjoy additional living space in the screened lanai, perfect for relaxing with your morning coffee or entertaining guests while overlooking the oversized fully fenced yard with mature trees that provide privacy and shade. ***Whether you're searching for a full-time residence, seasonal retreat, or investment property, this home offers affordability and flexibility in a growing area. *** Located in desirable Rainbow Lakes Estates, residents enjoy access to a clubhouse, fitness center, Sea Cliff Community Park, and Bonable Lake with access to Tiger Lake. Outdoor enthusiasts will love being just minutes from Rainbow River and Rainbow Springs State Park, where you can kayak from KP Hole, explore scenic trails, and experience Florida’s natural beauty. Dunnellon’s charming historic downtown offers local dining, shopping, and community events. Golfers will appreciate proximity to Juliette Falls Golf Club, and the World Equestrian Center in Ocala is approximately 15 minutes away. Convenient access to Crystal River, the Gulf Coast, and Central Florida attractions adds even more appeal.*** Schedule your private showing today and discover living the Rainbow River Life.

21617 Sw Peach Blossom Street, Dunnellon
Lot 14 Sw Chanel Heights Court, Dunnellon
$34,000
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
.99 ACRE BUILDABLE LOT, LOCATED IN GROWING SUB-DIVISION OF RAINBOW LAKES ESTATES WITH NEW AND EXISTING CONSTRUCTION HOMES. NO HOA!! CONVENIENTLY LOCATED NEAR DUNNELLON, OCALA AND CRYSTAL RIVER. PRIVATE BOAT RAMP AVAILABLE FOR RAINBOW LAKES ESTATES RESIDENTS FOR TIGER LAKE. MINUTES FROM THE CRYSTAL CLEAR RAINBOW RIVER AND STATE PARK OR ENJOY SOME OF THE BEST FISHING IN FLORIDA ON LAKE ROUSSEAU. NOT A WATER PERSON, THERE'S HIKING, BICYCLING AND HORSE BACK RIDING ON THE WITHLACOOCHEE TRAIL. DESIRABLE QUIET COUNTRY SETTING CLOSE TO SHOPPING, RESTAURANTS AND ENTERTAINMENT. COME BUILD YOUR DREAM HOME!!!

Lot 14 Sw Chanel Heights Court, Dunnellon
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