1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty

17129 Rainbow Terrace, ODESSA, FL 33556

Priced at Only: $975,000

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  • MLS#: TB8503270 ( Residential )
  • Street Address: 17129 Rainbow Terrace
  • Viewed: 17
  • Price: $975,000
  • Price sqft: $317
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Lake Front
  • Year Built: 1959
  • Bldg sqft: 3071
  • Bedrooms: 4
  • Total Baths: 3
  • Full Baths: 3
  • Garage / Parking Spaces: 2
  • Days On Market: 12
Description
Indulge in the ultimate lakefront lifestylethis is the one youve 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 its 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 alljust 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 updatesincluding 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 dockmean 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, youll enjoy privacy, low traffic roads, and natural beautywhile 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 availableschedule 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Private Mailbox, Rain Gutters
  • Flooring: Luxury Vinyl
  • Living Area: 2123.00
  • Other Structures: Shed(s)
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: In County, Oversized Lot, Paved
School Information
  • High School: Steinbrenner High School
  • Middle School: Sergeant Smith Middle-HB
  • School Elementary: Hammond Elementary School
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway, Guest, Off Street, Oversized
Eco-Communities
  • Water Source: Well
Utilities
  • Carport Spaces: 1.00
  • Cooling: Central Air
  • Heating: Electric
  • Pets Allowed: Cats OK, Dogs OK
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Convection Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Softener, Wine Refrigerator
  • Association Name: None
  • Country: US
  • Furnished: Unfurnished
  • 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
  • Legal Description: RAINBOW TERRACE LOT 3
  • Levels: One
  • Area Major: 33556 - Odessa
  • Occupant Type: Tenant
  • Parcel Number: U-22-27-17-015-000000-00003.0
  • Possession: Close Of Escrow
  • View: Water
  • Views: 17
  • Zoning Code: ASC-1

Contact Info

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  1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty
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