Sarasota MLS Listings

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$975,000
18 Days On Site

17129 RAINBOW TERRACE
ODESSA, FL 33556

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
2,123
SqFt
$459
/SqFt
1959
Built
Subdivision:
RAINBOW TERRACE
County:
Hillsborough
Call Now: 941-265-0590
Is this the listing for you? We can help make it yours.
941-265-0590
17129 RAINBOW TERRACE17129 RAINBOW TERRACE17129 RAINBOW TERRACE17129 RAINBOW TERRACE
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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. Inside, 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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Listing Snapshot
Price 
$975,000
Days On Site 
18 Days
Bedrooms 
4
Inside Area (SqFt) 
2,123 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.44 Acres
Year Built 
1959
MLS® Number 
TB8503270
Status 
Active
Property Tax 
$10,892.19
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.44
Attached Garage 
Yes
Carport 
1
Direction Faces 
Northeast
Foundation 
Block
Garage 
Yes
Garage Spaces 
1
Levels 
One
Parking 
DrivewayGuestOff StreetOversizedAttached
Pets 
Cats OKDogs OK
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
3071
Utilities 
Cable AvailableElectricity AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected
Water Source 
PrivateWell
Zoning 
ASC-1
Interior Features
Appliances 
Convection OvenDishwasherDryerMicrowaveRefrigeratorWasherWater SoftenerWine Refrigerator
Cooling 
Central Air
Furnished 
Unfurnished
Heating 
Electric
Interior 
Open FloorplanWet Bar
Laundry Features 
Inside
Window Features 
Blinds
Bedroom 3 
Dimensions - 10x12Level - FirstFeatures - Ceiling Fan(s)
Kitchen 
Dimensions - 11x12Level - First
Living Room 
Dimensions - 14x12Level - FirstFeatures - Ceiling Fan(s)
Master Bedroom 
Dimensions - 14x12Level - FirstFeatures - Ceiling Fan(s)
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Exterior Features
Construction Details 
ConcreteStucco
Exterior 
Rain GuttersDock
Lot Features 
PavedWaterfront
Other Structures 
Shed(s)
Roof 
Shingle
View 
LakeWater
Waterfront 
Yes
Waterfront Features 
Lake PrivilegesLake Front
Waterview 
LakeWater
Windows/Doors 
Blinds
Community Features
Financing Terms Available 
CashConventional
MLS Area 
33556 - Odessa
Roads 
Paved
Township 
27
Schools
School District
Unknown
Elementary School
Hammond Elementary School
Middle School
Sergeant Smith Middle-HB
High School
Steinbrenner High School
Listing courtesy of THE CAMPINS COMPANY,LLC (786) 493-5652



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-05-19 08:06 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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