For sale Home

Listed Mar 3, 2025

$639,950 Est. $4,233/mo

17119 Rainbow Terrace

  • 3

    Beds

  • 2

    Baths

  • 1,742

    Sq ft

The story

  • Waterfront

Charming 3 bedroom, 2 bathroom home in one of the most sought after locations on Rainbow Lake. Whether you are looking for a vacation getaway or a year round residence, this property offers incredible potential with a flexible floor plan that allows you to personalize every space to your taste. The spacious enclosed sunroom provides beautiful views overlooking 50 acres of serene lakefront, while the backdoor opens to a covered patio and large backyard, ideal for entertaining, cookouts, or creating your own outdoor oasis. The possibilities here are truly wide open. The lakefront setting is perfect for water enthusiasts, offering opportunities for boating, kayaking, paddleboarding, and water skiing right outside your door. Please note photo number two has been enhanced to illustrate the home’s potential with simple cosmetic improvements and landscaping. The current condition of the property is reflected in the other photos. Situated on a quiet cul de sac with mature landscaping, this property offers privacy with no HOA or CDD fees, along with strong potential for short term rental use such as VRBO or Airbnb.
Conveniently located near Steinbrenner High School.

Facts & features

Home type

Home

Year built

1962

Price per sq ft

$367

Included features

  • Cooling

    Central Air

  • Heating

    Electric

  • Appliances

    Refrigerator

  • Flooring

    Tile

  • Roof

    Shingle

  • Lot Information

    Cul-De-Sac, Paved, Waterfront

  • Water Source

    Private, Well

  • Sewer

    Septic Tank

  • View

    Water

Mortgage calculator

Estimated monthly payment

$4,233 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,406
  • Property tax $640
  • Insurance $187

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

REAL BROKER, LLC

Broker Name

REAL BROKER, LLC

Agent

Vincent Arcuri