Rainbow Lakes Estates Homes with Racquetball Community Features

Rainbow Lakes Estates Homes with Racquetball Community Features

Welcome to Rainbow Lakes Estates, a hidden gem nestled in the heart of Dunnellon, Florida. This vibrant subdivision is not only known for its stunning natural beauty but also for its unique community features that cater to an active lifestyle. Imagine waking up each day surrounded by lush greenery, tranquil lakes, and the soothing sounds of nature, all while being part of a friendly, welcoming neighborhood.

Rainbow Lakes Estates boasts a variety of charming homes designed to suit different tastes and lifestyles. Whether you're searching for a cozy retreat or a spacious family residence, you'll find a range of options that reflect the essence of Florida living. The homes here are thoughtfully designed, often featuring open floor plans, modern amenities, and beautiful outdoor spaces that invite you to enjoy the sunshine year-round.

One of the standout features of Rainbow Lakes Estates is its commitment to an active lifestyle, highlighted by the community's racquetball facilities. Perfect for fitness enthusiasts and social butterflies alike, the racquetball courts provide a fantastic way to stay in shape while connecting with neighbors. Engage in friendly matches, join community tournaments, or simply enjoy a game with friends—there's no shortage of opportunities to get moving and have fun!

With its idyllic setting, engaging community features, and proximity to the charming town of Dunnellon, Rainbow Lakes Estates is more than just a place to live; it’s a lifestyle choice. Embrace the beauty of Florida and the warmth of community living in Rainbow Lakes Estates—where your dream home awaits!

Newest Rainbow Lakes Estates Homes with Racquetball Community Features

$39,799
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
Looking for the perfect blend of country living, nature, and a variety of nearby recreational opportunities? Look no further! This high and dry 1-acre parcel is lightly wooded, with paved road frontage and the perfect setting for you to build your private retreat from the ground up. Located in the rural residential community of Rainbow Lakes Estates, this location has lower property taxes and lower impact fees thanks to its location within the Levy County portion of the neighborhood. Enjoy the rural lifestyle without sacrificing the convenience of nearby towns like Dunnellon, where you will find a variety of shopping centers, restaurants, and more. Crystal River is a short drive away for those looking to enjoy the Gulf Coast, while nearby Ocala offers the World Equestrian Center (WEC) and much more. Kayak, fish, and boat down the crystal clear Rainbow River or in the warm waters of the Gulf, or explore the nearby Goethe State Forest’s miles of trails. This community offers 3 lakes, a variety of recreational facilities in a community park environment, and much more– all with NO HOA fees. Looking for more acreage? This lot is surrounded by other vacant lots, opening up the possibility for a larger property if desired!

TBD Se 136th Terrace, Dunnellon
$39,799
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
Looking for the perfect blend of country living, nature, and a variety of nearby recreational opportunities? Look no further! This high and dry 1-acre parcel is lightly wooded, with paved road frontage and the perfect setting for you to build your private retreat from the ground up. Located in the rural residential community of Rainbow Lakes Estates, this location has lower property taxes and lower impact fees thanks to its location within the Levy County portion of the neighborhood. Enjoy the rural lifestyle without sacrificing the convenience of nearby towns like Dunnellon, where you will find a variety of shopping centers, restaurants, and more. Crystal River is a short drive away for those looking to enjoy the Gulf Coast, while nearby Ocala offers the World Equestrian Center (WEC) and much more. Kayak, fish, and boat down the crystal clear Rainbow River or in the warm waters of the Gulf, or explore the nearby Goethe State Forest’s miles of trails. This community offers 3 lakes, a variety of recreational facilities in a community park environment, and much more– all with NO HOA fees. Looking for more acreage? This lot is surrounded by other vacant lots, opening up the possibility for a larger property if desired!

TBD Se 136th Terrace, Dunnellon
$58,995
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
AWESOME WATER-LAKE FRONT PROPERTY ON A LITTLE MORE THAN A 1/3 OF AN ACRE (0.35 Acres). LOCATED IN RAINBOW LAKES ESTATES THERE IS NO HOA OR TIME LIMIT TO BUILD (No Mobile Homes). PEACEFUL AND SERENE THIS HOMESITE IS NICELY WOODED AND TREED. WHAT A GREAT LOCATION TO BUILD YOUR DREAM HOME, VACATION HOME OR AIRBNB ON THE LAKE. LOCATED ON BONABLE LAKE THIS LOT IS PERFECT FOR BOATING, FISHING AND KAYAKING RIGHT AT YOUR DOORSTEP! JUST IMAGINE ENJOYING THE BEAUTIFUL VIEW AND RELAXING LAKE FRONT TAKING IN ALL THAT NATURE HAS TO OFFER AND OUR WONDERFUL FLORIDA WEATHER. RAINBOW LAKES ESTATES OFFERS MANY FEATURES INCLUDING 2 PARKS AND 2 PLAYGROUNDS, EXERCISE ROOM, COMMUNITY CENTER, TENNIS AND BASKETBALL COURT. THERE IS ALSO A COMMUNITY BOAT RAMP AND A PIER FOR FISHING. CONVENIENT TO DOWNTOWN DUNNELLON GREAT FOR QUAINT ANTIQUE SHOPS, RESTAURANTS AND SHOPPING, OCALA, CRYSTAL RIVER, GULF COAST, WORLD EQUESTRIAN CENTER GREAT FOR THE EQUINE ENTHUSIAST AND THE BEAUTIFUL CRYSTAL-CLEAR WATERS OF RAINBOW SPRINGS STATE PARK WHERE YOU CAN ENJOY SWIMMING, KAYAKING, CANOEING, TUBING, SNORKELING AND PICNICING. COME CLAIM YOUR PIECE OF PARADISE!!

LOTS 444, 445 Sw Shorewood Drive, Dunnellon
$63,900
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
Step into a place where time slows and the world is less hectic - Two side by side .99 acre wooded lots, sold together, forming nearly two acres of sanctuary in the quiet beauty of Rainbow Lakes Estates. This rare double lot is more than land; it's a canvas of possibility, shaded by whispering pines and framed by the stillness only the countryside can offer. Here, mornings begin with golden light filtering through the trees, and evenings close with skies so clear you'll count the stars in silence. The setting is rural and serene, yet you're never far from connection - set along a paved road with electricity and other homes nearby, ready for the home you've been imagining. Zoned R-1 for site-built homes and free from HOA restrictions, the property invites you to dream without limits. Whether you envision a rustic retreat, a forever homestead, or a wise investment in a growing community, this land offers the rare gift of space - room to breathe, to build to belong. This is the richness of small-town living - where country quiet meets community warmth, and every day feels a little more your own. And when adventure calls, you're just 20 minutes from kayaking the crystal-clear waters of the Rainbow River or wandering the trails of Rainbow Springs State Park. Within 30 - 50 minutes, explore downtown Dunnellon or Ocala, cast a line in the Withlacoochee River, or discover the wonders of Florida's Nature Coast and Crystal River. This isn't just a couple of lots - it's the doorway to new beginnings, a possibility of a quieter life, a deeper connection, and a future shaped by your own hands.

Sw Arrow Leaf Trail, Dunnellon
$73,750
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
AWESOME LAKE FRONT PROPERTY ON A LITTLE LESS THAN 1/2 ACRE (0.41 Acres) LOCATED IN 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 AIRBNB ON THE LAKE. LOCATED ON BONABLE LAKE THIS LOT IS PERFECT FOR BOATING, FISHING AND KAYAKING RIGHT AT YOUR DOOR STEP! JUST IMAGINE ENJOYING THE BEAUTIFUL VIEW AND RELAXING LAKE FRONT TAKING IN ALL THAT NATURE HAS TO OFFER AND OUR GREAT FLORIDA WEATHER. RAINBOW LAKES ESTATES OFFERS MANY FEATURES INCLUDING 2 PLAYGROUUNDS AND PARK, EXERCISE ROOM, COMMUUNITY CENTER AND TENNIS, BASKETBALL AND RACQUETBALL COURT. CONVENIENT TO DOWNTOWN DUNNELLON GREAT FOR QUAINT ANTIQUE SHOPS, RESTAURANTS AND SHOPPING, OCALA, CRYSTAL RIVER, GULF OF MEXICO, WORLD EQUESTRIAN CENTER FOR WORLD CLASS EQUESTRIAN SPORT AND THE BEAUTIFUL CRYSTAL-CLEAR WATERS OF RAINBOW SPRING STATE PARK WHERE YOU CAN ENJOY SWIMMING, SNORKELING, TUBING AND PICNICING.

LOTS 462 & 463 Sw Shorewood Drive, Dunnellon
$63,750
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
AWESOME LAKE FRONT PROPERTY ON A BIT MORE THAN 1/2 ACRE (0.52 Acres) LOCATED ON A DEAD END STREET IN 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 AIRBNB ON THE LAKE. LOCATED ON BONABLE LAKE THIS LOT IS PERFECT FOR BOATING, FISHING OR KAYAKING RIGHT AT YOUR DOORSTEP! JUST IMAGINE ENJOYING THE BEAUTIFUL VIEW AND RELAXING LAKE FRONT TAKING IN ALL THAT NATURE HAS TO OFFER AND OUR GREAT FLORIDA WEATHER. RAINBOW LAKES OFFERS MANY FEATURES INCLUDING 2 PLAYGROUNDS AND PARK, EXERCISE ROOM, COMMUNITY CENTER, AND TENNIS, BASKETBALLLL AND RACQUET BALL COURT. CONVENIENT TO DOWNTOWN DUNNELLON GREAT FOR QUAINT ANTIQUE SHOPS, RESTAURANTS AND SHOPPING, OCALA, GAINESVILLE, CRYSTAL RIVER, GULF OF MEXICO, WORLD EQUESTRIAN CENTER FOR WORLD CLASS EQUESTRIAN SPORT AND THE CRYSTAL-CLEAR WATERS OF RAINBOW SPRINGS STATE PARK WHERE YOU CAN ENJOY SWIMMING, SNORKELING, TUBING AND PICNICING. ***THERE IS ALSO AN ADJACENT LOT NEXT DOOR FOR SALE AT AN ADDITIONAL COST. THE 2 LOTS TOGETHER WOULD GIVE YOU 1.04 ACRES.

LOTS 13 & 14 Sw Shorewood Drive, Dunnellon
$63,750
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
AWESOME LAKE FRONT PROPERTY ON A LITTLE BIT OVER 1/2 ACRE (0.52 ACRES) LOCATED ON A DEAD END STREET IN 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 AIRBNB ON THE LAKE. IF YOU WISH, BUILD YOUR OWN PRIVATE DOCK OR BOAT RAMP. THIS LOT IS SITUATION ON BONABLE LAKE GREAT FOR BOATING, FISHING OR KAYAKING RIGHT AT YOUR DOORSTEP. JUST IMAGINE ENJOYING THE BEAUTIFUL VIEW AND RELAXING LAKE-FRONT TAKING IN ALL THAT NATURE HAS TO OFFER AND OUR GREAT FLORIDA WEATHER. RAINBOW LAKES ESTATES OFFERS MANY FEATURES INCLUDING 2 PLAYGOUNDS AND PARK, EXERCISE ROOM, COMMUNITY CENTER, BONABLE LAKE AND TIGER LAKE, TENNIS, BASKETBALL AND RAQUETBALL COURT. CONVENIENT TO DOWNTOWN DUNNELLON, GREAT FOR QUAINT ANTIQUE SHOPS, RESTAURANTS AND SHOPPING, OCALA, GAINESVILLE, CRYSTAL RIVER, GULF OF MEXICO, WORLD EQUESTRIASN CENTER FOR WORLD CLASS EQUESTRIAN SPORT AND THE BEAUTIFUL CRYSTAL-CLEAR WATERS OF RAINBOW SPRINGS STATE PARK WHERE YOU CAN ENJOY SWIMMING, SNORKELING, TUBING AND PICNICING. ***THERE IS ALSO AN ADJACENT LOT NEXT DOOR FOR SALE AT AN ADDITIONAL COST. THE 2 LOTS TOGETHER WOULD GIVE YOU 1.04 ACRES***

LOTS 15 & 16 Sw Shorewood Drive, Dunnellon
$20,000
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
Opportunity awaits your dreams becoming reality, this 0.24-acre wooded parcel on SW Beach Blvd in Rainbow Lakes Estates offers the best of both worlds—serenity and accessibility. Just 3.5 miles from the community’s main entrance, the lot rests along a paved road where songbirds greet the morning, the soft rustle of leaves, and sounds of nature remind you that you have found your home. With electric nearby and well-kept homes in the neighborhood, it’s a place where comfort and nature meet. Zoned R-1 for site-built homes, this south-facing property is perfect for those who long for the quiet rhythm of country living without sacrificing connection to a vibrant, growing community. Here, there’s no HOA—just the freedom to create your own haven—while still enjoying access to parks, sports courts, fitness and youth centers that bring neighbors together. Within 20 minutes, you can dip your toes into the crystal-clear waters of the Rainbow River or wander the shaded trails of Rainbow Springs State Park. And when the mood strikes for adventure, Ocala’s equestrian heart, the sparkling shores of Crystal River, the wild beauty of Florida’s Nature Coast, and the bass-rich waters of the Withlacoochee River are all just a short 30 - 50 minute drive away. Whether you dream of a cozy retreat or a forever home, this lot offers the canvas for your vision—a place where peaceful mornings, golden sunsets, and star filled nights become your everyday backdrop. Owner financing available—your country escape is closer than you think.

Sw Beach Boulevard, Dunnellon
$20,000
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
Tucked within the tranquility of SW Big Bear Ridge in Rainbow Lakes Estates, Dunnellon, Florida -- this peaceful 0.24-acre wooded lot feels like it was made just for you. Surrounded by breeze swept pines and the gentle sounds of nature, this property offers the rare balance of privacy and connection—set on a paved road with electricity and other homes nearby - ready when you are. Zoned R-1 for site-built homes in a welcoming, growing community with no HOA, this is where you can create the home you’ve always pictured—whether it’s a cozy retreat, a forever home, or a smart investment for the future. You’ll enjoy the quiet of the countryside while still having access to community perks like parks, sports courts, fitness facilities, and youth centers. A tranquil 20-minute drive and you could be kayaking the crystal waters of the Rainbow River or exploring Rainbow Springs State Park. And within 40–50 minutes, you’ll find yourself in downtown Dunnellon or Ocala, browsing shops, visiting the World Equestrian Center, fishing the Withlacoochee River, or soaking in the beauty of Florida’s Nature Coast and Crystal River. This isn’t just land—it’s the new beginning for the life you’ve been imagining. A place where mornings are quiet, nights are star-filled, and every day feels a little more your own. Owner financing is available—making it even easier to claim this perfect spot before someone else does.

Sw Big Bear Ridge, Dunnellon
$22,487
Rainbow Lakes Estates SubDv. ⋅ 34431 Zip Code
Equestrian Enthusiasts? Your Dream Property Awaits 20 minutes to Ocala's (WEC) World Equestrian Center! Discover .25 acres of high & dry beautifully situated buildable lot in the desirable Rainbow Lakes estates. retreat. This parcel offers a rare opportunity to join a growing family-friendly community just minutes from downtown Dunnellon. Lot Front Faces south on a main east/west paved road. Upscale homes nearby, this lot enjoys the benefit of visibility on small rolling hill, easy ingress and egress. Rainbow lakes neighborhood offers the peace, tranquility and security away from big metro areas and traffic hassles. Surrounded by and gently rolling terrain, it's ideal for those who want a blend of rural beauty and Doctors, shopping, entertainment and the Famous crystal clear Rainbow Riverfront dining, just minutes away. urban convenience.

00 Sw Rainbow Lakes Boulevard, Dunnellon
Start Your Search