Rainbow Terrace Homes with Water View

Rainbow Terrace Homes with Water View

Welcome to Rainbow Terrace, a picturesque subdivision nestled in the heart of Odessa, Florida, within the tranquil Hillsborough County. This charming community offers an idyllic lifestyle, where serene water views and lush landscapes create a perfect backdrop for your dream home.

Rainbow Terrace is renowned for its stunning properties that boast breathtaking water views, allowing residents to immerse themselves in the beauty of nature right from their backyards. Imagine sipping your morning coffee while gazing over glistening waters, or enjoying evening sunsets that paint the sky in vibrant hues. These homes are designed not just for comfort but also to enhance your connection with the serene environment that surrounds you.

The community is thoughtfully planned, featuring a blend of modern architecture and classic designs that cater to various tastes and lifestyles. Whether you’re looking for a cozy family home or a spacious retreat, Rainbow Terrace has something to offer everyone. The spacious lots provide ample room for outdoor activities, perfect for families or those who love to entertain.

In addition to the stunning homes, residents of Rainbow Terrace enjoy easy access to local amenities, including parks, shopping centers, and dining options. The community is also conveniently located near major highways, making commutes to nearby cities a breeze.

Experience the charm of Rainbow Terrace, where every day feels like a vacation. With its captivating water views and welcoming atmosphere, this subdivision is more than just a place to live; it’s a lifestyle waiting to be embraced. Come discover your new home in Rainbow Terrace today!

Newest Rainbow Terrace Homes with Water View

17127 Rainbow Terrace, Odessa
$799,000
4 Beds ⋅ 3 Baths ⋅ TB8559473 MLS
EXCEPTIONAL LAKEFRONT LIVING IN HIGHLY SOUGHT-AFTER ODESSA! Discover a rare opportunity to own a beautifully maintained 4-bedroom, 3-bath waterfront home offering 110 feet of frontage on picturesque Rainbow Lake, a stunning natural setting surrounded by towering 100-foot cypress trees and lush Florida landscape. Perfectly positioned on a quiet, dead-end street across from a lush conservation area, this exceptional property offers a peaceful, private retreat while remaining conveniently close to everything in Tampa Bay. OVER $220,000 IN IMPROVEMENTS AND UPGRADES COMPLETED FROM 2021–2026! Meticulously maintained and thoughtfully updated, this home offers an impressive collection of major improvements, including a NEW ROOF (2026), NEW HURRICANE WINDOWS AND DOORS (2026), beautifully REMODELED BATHROOMS, NEW EXTERIOR STUCCO AND FRESH EXTERIOR PAINT (2026), ALL NEW HVAC DUCTWORK AND VENTS (2026), and NEW ATTIC INSULATION (2026). Additional enhancements include updated lighting throughout the home, new electrical outlets and switches, refreshed interior paint, updated drywall ceilings in several living areas, and a Kinetico water softening and reverse osmosis system. A charming wood-burning fireplace adds warmth and character to the living space, while the updated laundry room features additional cabinetry and a new washer and dryer. Outside, a convenient storage shed provides extra space for tools, lawn equipment, and recreational gear. Even the waterfront dock platform has been refurbished, providing the perfect setting to enjoy the beauty of Rainbow Lake. These extensive improvements represent a significant investment in the home's comfort, efficiency, and long-term value. THE WATERFRONT LIFESTYLE IS THE TRUE SHOWSTOPPER! Rainbow Lake encompasses approximately 50 acres of beautiful freshwater, offering an incredible setting for boating, water skiing, jet skiing, fishing, kayaking, paddleboarding, or simply relaxing along the shoreline. The lake also features a navigable connection to Little Moon Lake, offering additional opportunities for waterfront exploration when water levels permit. Imagine starting your mornings with coffee overlooking the lake, spending afternoons on the water, and unwinding in the evenings beneath the majestic cypress trees. This is Florida waterfront living at its finest! Despite its serene, tucked-away location, this home offers outstanding convenience. Zoned for highly regarded Steinbrenner High School, the property is approximately 20 minutes from Tampa International Airport, minutes from popular restaurants, shopping, and everyday conveniences, and less than an hour from the beautiful Gulf Coast beaches. A RARE COMBINATION OF NATURAL BEAUTY, EXTENSIVE UPDATES, AND RECREATIONAL WATERFRONT LIVING IN ONE OF ODESSA'S MOST DESIRABLE SETTINGS. Whether you're seeking an active lakefront lifestyle or a peaceful escape surrounded by nature, this extraordinary property offers the best of both worlds. Schedule your private showing and experience the beauty of Rainbow Lake firsthand!

17127 Rainbow Terrace, Odessa
17109 Rainbow Terrace, Odessa
$825,000
3 Beds ⋅ 2 Baths ⋅ TB8513826 MLS
Enjoy approximately 93 feet of private frontage on beautiful Rainbow Lake. This unique and nearly rectangular homesite offers expansive water views, a spacious backyard, and excellent opportunities for boating, skiing, fishing, kayaking, paddle boarding and unforgettable sunsets. Rainbow Lake is approximately a 43 acre freshwater ski lake. Tucked away in a serene rural setting, this exceptional lake view property offers a rare combination of expansive views, open space, and true tranquility and ideal as a primary residence, second home, or weekend retreat. Lot is approximately 0.49 acres (about 93' x 230') and a rare find on this lake due to it's nearly rectangular hoesite with generous backyard. Whether you are relaxing by the pool, entertaining guests or simply wanting to unwind in total privacy, this property delivers a lifestyle that is increasingly difficult to find.

17109 Rainbow Terrace, Odessa
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