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Rainbow Park

Rainbow Park

$278,744 Average Value
$189 Average Price per Sq Ft
1 Home For Sale

Private, wooded lots away from the city in Rainbow Park

Winding, wooded roads lead to spacious properties across Rainbow Park, a rural, Marion County community around 15 miles west of Ocala. The neighborhood lies off the beaten path, with a mix of paved and dirt roads, and plentiful undeveloped wooded plots. “It’s a great area for people who don’t want to be in all the hustle of a larger town,” says Robb Harrison, broker and owner of Robb Harrison Realty Inc., who is experienced in selling homes in the area. “It’s private, but close enough to everything. You’re right on Highway 40, which can take you into Ocala or all the way east to Daytona. Once you leave the community, it doesn’t take long to get to amenities.”

Spacious properties with room to grow

The local housing market has a mix of single-family houses and undeveloped lots, with ranch-style homes, farmhouses and manufactured homes common throughout the area. Properties range from a quarter acre to over 10 acres, with a variety of wooded and open options. Acreage and a lack of a homeowners association allow room for horses, livestock and workshops. Undeveloped properties range from around $5,000 to $310,000, while single-family builds can go for $100,000 to $600,000. Manufactured homes range from $30,000 to $320,000.

An expansive state park with crystal-clear water and golfing nearby

Rainbow Springs State Park spans over 1,400 acres and is a popular destination for campers, hikers and swimmers, with the crystal-clear waters of its namesake spring serving as the main highlight. The Rainbow River flows through the park and draws tubers and kayakers. The public, 18-hole Juliette Falls Golf Course is also close, with beautifully maintained, tree-lined greens and fairways, along with a dining room and seasonal events.

Equestrian facilities and events near Rainbow Park

Numerous stables and equestrian facilities can be found throughout the area, including Eddie Woods Stables and Classic Mile Park Training Center. “Proximity to the World Equestrian Center is another huge,” says Harrison. The facility has arenas, stables, a veterinary hospital and an expo center and hosts annual events like the Longines FEI Jumping World Cup, in February, and the Ocala Food and Wine Festival, a three-day celebration in November.

Career-based learning at Dunnellon High School

Each of the communities designated public schools earns a B-minus grade from Niche, starting with Dunnellon Elementary School and Dunnellon Middle School. Students at Dunnellon High can choose from over 20 clubs and extracurricular activities, from culinary arts and robotics to literary club and yearbook. The high school also offers 10 Career and Technical Education programs of study, with topics including computer science, digital video production and agritechnology.

A small selection of local businesses with nearby shopping in Ocala

There are a few businesses within a mile of Rainbow Park, including a Dollar General, a bar and a taqueria. “There’s not a lot of business in town, but that is seen as more of a draw than a negative to a lot of people moving out here,” Harrison says. The Log Cabin Store offers a small selection of snacks and essentials, while Amex Food and Deli is around 5 miles northeast for groceries. The east end of Ocala is roughly 12 miles away and is home to a wide variety of Mexican restaurants and Latin markets, including local favorites Taqueria My Ranchito and La Hacienda Restaurant and Supermarket.

Traveling to nearby cities via Highway 40

Nearby amenities include the HCA Florida West Marion Hospital and the Dunnellon Public Library. Highway 40 lies just south of Rainbow Park and provides a direct route to Ocala and Daytona. Gainesville Regional Airport is around 50 miles north, while Daytona Beach International is roughly 90 miles east.

Jillian Pillow
Written By
Jillian Pillow

Interested in learning more about homes in this area? Reach out to Paul Fletcher, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Rainbow Park Housing Trends

Housing Trends

Median List Price
$239,900
Median Single Family Sale Price
$239,900
Last 12 months Home Sales
0
Average Price Per Sq Ft
$189

Area Facts

Number of Homes
7
Number of Homes for Sale
1
Median Year Built
2025
Average Single Family Home Size Sq Ft
1,134
Significantly below the national average
1,929
Median Lot Size Sq Ft
10,018

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Rainbow Park

Property Mix - Square Feet

Rainbow Park Has More Owners

Demographics

Total Population
2,581
Median Age
42
Population under 18
24.1%
On par with the national average
23.8%
Population over 65
20.9%
On par with the national average
19.1%

Finances

Median Household Income
$60,291
Significantly below the national average
$79,601
Average Household Income
$66,856

Education and Workforce

High School Graduates
81.2%
College Graduates
12.2%
Below the national average
34.1%
Advanced Degrees
2.1%
% Population in Labor Force
46%
Below the national average
64.9%

Weather

Annual Precipitation
52''
Average Winter Low Temperature
47°F
Average Summer High Temperature
92°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

20 / 100

Car-Dependent

Walk Score®®

3 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Rainbow Park
Paul Fletcher
WORLDCORP REALTY
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