LKV Realty
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$975,000
$5,000Reward *
17129 RAINBOW Terrace, Odessa, FL 33556Listing ID TB8503270

17129 RAINBOW Terrace, Odessa, FL 33556

Active
RAINBOW TERRACE
Time on site: 108 daysLast updated: May 2, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
3
Square Feet
Square Feet
3,071
Acres
Acres
0.44
Days on Site
Days on Site
108
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Electric
Year Built
Year Built
1959
Stories
Stories
1
Garages
Garages
1
Parking
Parking
Driveway, Guest, Off Street, Oversized

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.

Property Information

Property Details

Location

Address
17129 RAINBOW Terrace
County
Hillsborough
City
Odessa
Zip Code
33556
Subdivision
RAINBOW TERRACE
High School
Steinbrenner High School
Elementary School
Hammond Elementary School
MLS Area
33556 - Odessa

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
3

Building

Building Information

Square Feet
3,071
Year Built
1959
Stories
1
Construction
Concrete, Stucco
Foundation
Block
Roof
Shingle
Condition
New Construction

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$10,892
Tax Year
2025
THE CAMPINS COMPANY,LLC, (786) 493-5652

Market Report for 33556

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

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.

For corrections to this data please contact Brytecore MLS Support.

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