Rainbow Lakes Estate Homes with Racquetball Community Features

Rainbow Lakes Estate Homes with Racquetball Community Features

Welcome to Rainbow Lakes Estate, a hidden gem nestled in the picturesque city of Dunnellon, Florida. This charming subdivision offers a unique blend of tranquility and community spirit, making it an ideal place for families, retirees, and anyone looking to embrace a laid-back Florida lifestyle.

Rainbow Lakes Estate is known for its beautiful landscapes, with lush greenery and serene lakes that create a peaceful atmosphere. The community is designed to foster connections among residents, providing ample opportunities for socializing and recreation. One of the standout features of this neighborhood is its commitment to an active lifestyle, highlighted by the availability of racquetball courts. Whether you’re a seasoned player or a beginner eager to learn, these facilities encourage fitness and fun, making it easy to stay active while building friendships with neighbors.

The homes in Rainbow Lakes Estate are diverse, offering a variety of styles and sizes to suit every taste and need. From cozy single-family homes to spacious residences, each property is thoughtfully designed to provide comfort and charm. Many homes feature modern amenities and spacious yards, perfect for outdoor gatherings or simply soaking up the Florida sun.

Living in Rainbow Lakes Estate means enjoying the best of both worlds: a peaceful retreat close to nature, while still being just a short drive away from the vibrant attractions of Dunnellon and the surrounding areas. Explore the nearby rivers, indulge in local dining, or take part in community events—there’s always something to do! Discover the joy of living in a community that truly feels like home at Rainbow Lakes Estate.

Newest Rainbow Lakes Estate Homes with Racquetball Community Features

$184,500
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
$36,000
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
$234,900
3 Beds ⋅ 2 Baths ⋅ Rainbow Lakes Estate SubDv. ⋅ 34431 Zip Code
Vaulted ceilings and a massive granite island immediately set the tone in this new construction home in Dunnellon. The open layout feels bright and functional, with luxury vinyl plank flooring throughout and no carpet anywhere. The kitchen connects seamlessly to the main living space and features soft close cabinetry, stainless steel appliances, modern pendant lighting, and black hardware for a sharp, updated look. The primary suite includes dual sinks and a fully tiled walk in shower with glass enclosure. A split floor plan offers privacy from the secondary bedrooms. Situated on a wooded homesite in Rainbow Lakes Estates with a covered lanai and solid concrete block construction. Located minutes from Rainbow Springs, the Rainbow River, Tiger Lake, and downtown Dunnellon. Move in ready with modern finishes throughout. Close

24125 Nw Foxglove Lane, Dunnellon
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