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$825,000

17109 RAINBOW TERRACE, ODESSA, FL 33556

3D Tour
Active127 days on market

Beds

3

Baths

2

Sq Ft

1,756 sq ft

Year Built

1965

Lot Size

0.48 acres

Garage

2

About This Property

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.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #TB8513826
StatusActive
Year Built1965
Stories1
Total Rooms8
ConstructionBlock, Stucco
RoofShingle
FoundationSlab
FacesSoutheast
SubdivisionRAINBOW TERRACE
CountyHillsborough
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Window Treatments
FlooringCarpet, Laminate, Tile
AppliancesDishwasher, Dryer, Range, Refrigerator, Washer
LaundryElectric Dryer Hookup, In Garage
WindowsBlinds, Window Treatments
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorPrivate Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage
Other StructuresShed(s)
Lot Size0.48 acres (21,252 sq ft)
Lot FeaturesLandscaped, Level, Private
Road SurfacePaved, Asphalt
ViewWater

Pool & Spa

Private PoolYes
Pool FeaturesDeck, In Ground

Utilities

WaterWell
SewerSeptic Tank
UtilitiesElectricity Connected, Water Available

Parking

GarageYes (2 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$825,000
Original Price$950,000
Annual Taxes$4,121 (2025)
FinancingCash
ZoningASC-1
Parcel #0019990000

Schools

ElementaryHammond Elementary School
MiddleWalker-HB
HighSteinbrenner High School

Directions

N. W. Hillsborough County. Gunn Highway to west on N. Mobley Road. Right on Crawley Road, approximately 1/2 mile to Rainbow Terrace, then left, located on lake side.

Location

17109 RAINBOW TERRACE, ODESSA, FL 33556

Listing Information

OfficeBUY AMERICAN REAL ESTATE CORPORATION
ListedJune 1, 2026

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Home Price

$825,000

20% ($165,000)
6.75%

Loan Term

Principal & Interest$4,281
Property Tax (est.)$756
Insurance (est.)$150
Total Monthly$5,187
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 20, 2026.

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