17129 Rainbow Terrace, Odessa, FL 33556 (MLS # TB8503270)

PRICE $975,000 dsIDX morgage calculator
BEDS 4
BATHS 3
HOME SIZE 2,123 sqft
LOT SIZE 19,167 sqft

Indulge in the ultimate lakefront lifestyle"”this is the one you've been waiting for to start living your best life. 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. 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 buyer is interested.

DAYS ON MARKET 1 LAST UPDATED 4/30/2026
TRACT RAINBOW TERRACE YEAR BUILT 1959
COMMUNITY 33556 - Odessa GARAGE SPACES 1.0
COUNTY Hillsborough STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Hammond Elementary School
Jr. High School Sergeant Smith Middle-HB
High School Steinbrenner High School


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Convection Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Softener, Wine Refrigerator
AREA 33556 - Odessa
CONSTRUCTION Concrete, Stucco
EXTERIOR Dock, Rain Gutters
GARAGE Yes
HEAT Electric
INTERIOR Open Floorplan, Wet Bar
LOT 0.44 acre(s)
LOT DESCRIPTION Paved, Waterfront
LOT DIMENSIONS 105x183
PARKING Driveway, Guest, Off Street, Oversized, Attached
SEWER Septic Tank
STORIES 1
SUBDIVISION RAINBOW TERRACE
TAXES 10892.19
UTILITIES Cable Available, Electricity Available, Sewer Available, Sewer Connected, Water Available, Water Connected
VIEW Yes
VIEW DESCRIPTION Lake, Water
WATER Private, Well
WATER ACCESS RAINBOW LAKE
WATERFRONT Yes
WATERFRONT DESCRIPTION Lake Privileges, Lake Front
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CONTACT US ABOUT 17129 RAINBOW TERRACE
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Listing provided by Katrina Campins, THE CAMPINS COMPANY,LLC, 305-531-7777
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/30/26 7:42 PM PDT.

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