Rainbow Lakes Estates Homes for Rent

Rainbow Lakes Estates is a sprawling residential development north of Dunnellon proper, straddling the Marion-Levy county line between two state parks. “It’s a fast-growing area, super reasonably priced, where there’s a lot of land attached to the homes,” says Ocala-based Realtor Terry Morgan of Your Home Sold Guaranteed Realty, who has almost a decade of experience. He says the homes' price-per-square-foot and quiet, relatively remote location are the main reasons buyers are drawn to the community. “They can get a lot of bang for their buck here since they get all this land around these newer construction homes.” The average lot size around these New Traditional and ranch-style homes is just over half an acre. Very few properties are separated by more than a thick grove of longleaf pine trees and a broad lawn, but split-rail fences around fields of horses or cattle are not uncommon. Home prices start at about $140,000 and go up to nearly $600,000. Buildable land lists for between $11,500 and $2.6 million, depending on the size and number of parcels. Marion County Public Schools serves Rainbow Lakes Estates kids. They’re zoned to Romeo Elementary, Dunnellon Middle and Dunnellon