$2,899,000
$91K PRICE DROP

17065 Rainbow Falls Trail Boca Raton, FL 33496

Lotus Neighborhood

Estimated payment $17,956/month

Total Views 3,596
5 Beds
5.5 Baths
4,996 Sq Ft
$580 Price per Sq Ft

Highlights

  • Lake Front
  • Community Cabanas
  • Clubhouse
  • Whispering Pines Elementary School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

Discover unparalleled luxury in this fully upgraded, AS-IS, move-in-ready Sumatra model located in the exclusive LOTUS community of Boca Raton. Offering nearly 5,000 sq ft of elegant living space, this 5-bedroom, 5.5-bathroom residence is thoughtfully designed for modern comfort and upscale living. Enter through a grand two-story foyer featuring custom waterfalls and imported wood stairs, leading to a spacious layout with a first-floor master suite with two walk-in closets, a spa-style bathroom with bidet, dedicated office, formal dining room, media room loft, and sleek flat ceilings throughout.

Listing Agent

Diana Grobman

Coldwell Banker Realty License #3370567 Listed on: 05/02/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,296

Year Built

  • Built in 2022

Lot Details

  • 7,889 Sq Ft Lot
  • Lake Front
  • Property is zoned AGR-PU

HOA Fees

  • $652 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,996 Sq Ft Home
  • 2-Story Property
  • Bar
  • Den
  • Lake Views
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bidet

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 00424632100006690
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include common areas, security, trash
  • Built by GL Homes
  • Lotus Subdivision, Sumatra Floorplan

Amenities

  • Clubhouse
  • Game Room
  • Business Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,296

Year Built

Built in 2022

Lot Details

0

HOA Fees

$652 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Lyons Road, between Clint Moore Road and Atlantic Avenue, enter the main gate of Lotus. Continue straight and turn left onto (Palms) Rainbow Falls Trail. The property will be on your Left.
  • Year Built: 2022
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Bar, Walk-In Closet(s), Attic
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile, Hardwood, Tile, Wood
  • Living Area: 4996.0
  • Dining Room Type: Attic, Den, Storage Room
  • Stories: 2

Exterior Features

  • View: Lake
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Builder Name: GL Homes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 652.0
  • Community Features: Clubhouse, Game Room, Gated, Park, Pickleball, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Business Center, Cabana, Clubhouse, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security, Trash

Lot Info

  • Parcel #: 00424632100006690
  • Lot Size Sq Ft: 7889.0
  • Zoning Description: AGR-PU

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 22296.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,465 $1,393,102 -- --
2023 $21,980 $1,352,526 $328,625 $1,023,901
2022 $3,231 $157,300 $0 $0
2021 $2,533 $143,000 $143,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Price Changed $2,899,000 -1.4% $580 / Sq Ft
08/01/2025 08/01/25 For Sale $2,940,000 0.0% $588 / Sq Ft
07/31/2025 07/31/25 Off Market $2,940,000 -- --
07/13/2025 07/13/25 Price Changed $2,940,000 -1.7% $588 / Sq Ft
05/02/2025 05/02/25 For Sale $2,990,000 -- $598 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,358,547 Nova Title
Special Warranty Deed $1,358,547 Nova Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $845,000 New Conventional
Closed $845,000 New Conventional
Source: Public Records

Source: BeachesMLS

MLS Number: R11087190

BeachesMLS

APN: 00-42-46-32-10-000-6690