17129 RAINBOW TERRACE | Odessa

$975,000 | 4 Beds | 3 Baths (3 Full) | 2,123 Sq. Ft.

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. StellarMLS TB8503270

Directions to property: 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

MLS Listing ID: 
StellarMLS TB8503270
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Odessa
Address: 
17129 RAINBOW TERRACE, Odessa, FL 33556, US
County: 
Hillsborough
Community Information
Elementary: 
Hammond Elementary School
Middle: 
Sergeant Smith Middle-HB
High: 
Steinbrenner High School
Subdivision: 
RAINBOW TERRACE
Community Name: 
LAKE KEYSTONE AREA
Building Details
Details about the building on a property.
Year Built: 
1959
New Construction: 
0
Living Area: 
2,123
Interior: 
Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Wet Bar
Construction
Construction Materials: 
Concrete, Stucco
Roof: 
Shingle
Exterior Features: 
Rain Gutters
Room Details
Details about the rooms in the building.
Total Rooms: 
4
Total Bedrooms: 
4
Total Bathrooms: 
3
Total Full-Bathrooms: 
3
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric
Cooling System: 
Central Air
Water Source: 
Well
Sewer: 
Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.44
Lot Size (Area): 
19,215
Lot Size (Dimensions): 
105 x 183
View: 
Water
Waterfront: 
1
Water Body Category: 
Lake
Water Body Name: 
RAINBOW LAKE
Lot Features
Parking Type: 
Driveway, Guest, Off Street, Oversized
Public Record
Parcel Number: 
U22271701500000000003.0
Annual Tax: 
$10,892.19
Property Zoning: 
ASC-1
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
4/30/2026
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Katrina Campins
Listing Office Name: 
THE CAMPINS COMPANY,LLC