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17129 Rainbow Terrace

ODESSA, FL 33556
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Bed 4

Bed

Bath 3

Bath

SqFt2,123

Sqft

Acres0.44

Acre(Lot)

Indulge in the ultimate lakefront lifestyle—this is the one you’ve been waiting for to start living your best life. Nestled in the highly sought-after Keystone/Odessa area with 119 feet of direct frontage on stunning Rainbow Lake (55 acres) which also connects to Moon Lake (12 acres), this exceptional 4-bedroom, 3-bath home sits on nearly half an acre and offers the perfect blend of privacy, comfort, and everyday escape. This lot is breathtaking!!!! Wake up to water views from nearly every room, with unobstructed sightlines across a pristine 55-acre ski lake. Whether it’s boating, kayaking, fishing, or sunset evenings on the water, this property turns every day into a getaway. The 65-foot dock, built with pressure-treated lumber, is ready for it all—just bring your boat and start living. I nside, everything has already been done for you. The beautifully renovated kitchen features wood countertops, stainless steel appliances, a wine fridge, and rich wood accents that make the space feel warm and inviting. Luxury vinyl flooring runs throughout, paired with three updated bathrooms and a spacious laundry room with storage for all your gear. Major updates—including a 2022 3.5-ton A/C system, a new station pump for septic, newer water treatment system, and the updated pressure-treated 65-foot dock—mean peace of mind from day one. Outside, the expansive lot is perfect for entertaining, relaxing, or simply soaking in the quiet, scenic surroundings. Located in a highly desirable lakefront community of Rainbow lake with estate-style homes, you’ll enjoy privacy, low-traffic roads, and natural beauty—while still being just minutes from Tampa International Airport, Busch Gardens, ZooTampa, and top-rated beaches. Come enjoy the peaceful country-luxury lifestyle. Zoned for A-rated Hammond Elementary. NO CDD. NO HOA. Homes like this rarely come available—schedule your private showing. Priced to sell. Current tenant loves the home and would love to stay if the buyer is interested.

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Detail Ic Property Details

Property Type : Residential

Price : $975,000

AD Id : 77852944

MLS Id : MFRTB8503270

Beds : 4

Lot Size : 0.44 Acre

Living Area Size : 2,123

Year Built : 1959

Garage : 1

County : Hillsborough

Subdivision: Rainbow Terrace

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Interior Features

    Ceiling Fans(s), Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Wet Bar Roof: Shingle Appliances: Convection Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Softener, Wine Refrigerator Laundry Features: Inside

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Luxury Vinyl Construction Materials: Concrete, Stucco
  • Heating & Cooling

    Heating: Electric Cooling: Central Air Water front: 1 WaterSource: Well

  • Building Information

    Year Built: 1959
  • Exterior Features

    Private Mailbox, Rain Gutters Construction Materials: Concrete, Stucco Foundation Details: Block

  • Lot Information

    Lot Dimensions: 105x183 Lot Description: In County, Oversized Lot, Paved Lot Square Feet: 19215 Lot Acres: 0.44 Lot Size (SqMt): 1785

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$975000

  • Tax Information

    Tax Block: 00 Tax Book Number: 33-39 Tax Lot: 3 Tax Legal Description: RAINBOW TERRACE LOT 3 Annual Tax: $10892.19 Tax Year: 2025 Parcel Number: U-22-27-17-015-000000-00003.0

  • Parking Information

    Driveway, Guest, Off Street, Oversized

    Garage Information

    Has Garage: Yes Garage Space: 1

  • School Information

    Elementary School: Hammond Elementary School Junior High School: Sergeant Smith Middle-HB Senior High School: Steinbrenner High School
  • Utility Information

    BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Sewer Connected, Water Available, Water Connected Sewer: Septic Tank Water Source: Well
  • Location Information

    Subdivision: RAINBOW TERRACE City: ODESSA Direction: From the Citrus Park / Tampa area: Head north on Gunn Highway Turn left onto N Mobley Road Turn right onto Crawley Road Turn left onto Rainbow Terrace The home will be on your left
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6170 Marsh Trail Drive, Odessa, FL, 33556 $1,097,500 4 4 3,785 3,785 SqFt
6167 Marsh Trail Drive, Odessa, FL, 33556 $944,900 4 3 3,033 3,033 SqFt
6159 Marsh Trail, Odessa, FL, 33556 $1,179,900 5 4 4,481 4,481 SqFt
16810 Taylow Way, Odessa, FL, 33556 $435,000 4 2 2,078 2,078 SqFt
16750 Ivy Lake Drive, Odessa, FL, 33556 $849,000 4 3 3,526 3,526 SqFt
16650 Fairbolt Way, Odessa, FL, 33556 $450,000 4 2 2,066 2,066 SqFt
16641 Fairbolt Way, Odessa, FL, 33556 $419,500 3 2 1,743 1,743 SqFt
1032 Jacob Way, Odessa, FL, 33556 $534,000 4 3 2,355 2,355 SqFt
16726 Secret Meadow Drive, Odessa, FL, 33556 $450,000 4 3 2,007 2,007 SqFt
6517 Thoroughbred Loop, Odessa, FL, 33556 $885,000 4 3 3,320 3,320 SqFt
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ByOwner last updated this listing 06/15/2026 @ 18:20

MLS: MFRMLS #TB8503270 LISTED BY: Katrina Campins, THE CAMPINS COMPANY,LLC 786-493-5652 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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