Escape to your own private water view sanctuary where peace, privacy and natural beauty define everyday living. Tucked away in a serene rural setting, this exceptional lake view property offers a rare combination of expansive views, open space, and true tranquility and ideal as a primary residence, second home, or weekend retreat. Enjoy breathtaking water views, stunning sunsets, and the calming presence of nature right outside your door. Whether you are relaxing by the pool, entertaining guests or simply wanting to unwind in total privacy, this property delivers a lifestyle that is increasingly difficult to find.
For sale
Price cut: $55K (7/3)
$895,000
17109 Rainbow Ter, Odessa, FL 33556
3beds
1,756sqft
Single Family Residence
Built in 1965
0.49 Acres Lot
$852,200 Zestimate®
$510/sqft
$-- HOA
What's special
Exceptional lake view propertyOpen spaceCalming presence of natureBreathtaking water viewsExpansive viewsStunning sunsetsPrivate water view sanctuary
- 40 days |
- 309 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Cienwen Kemper 813-787-8700,
BUY AMERICAN REAL ESTATE CORPORATION 813-787-8700
Source: Stellar MLS,MLS#: TB8513826
Originating MLS: Suncoast Tampa

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, Dining Room, Living Room
Primary bedroom
- Features: Makeup/Vanity Space, Walk-In Closet(s)
- Level: First
Other
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
Other
- Features: Walk-In Closet(s)
- Level: First
Primary bathroom
- Features: Tub With Shower, No Closet
- Level: First
Bathroom 2
- Features: Shower No Tub, No Closet
- Level: First
Dining room
- Features: No Closet
- Level: First
Kitchen
- Features: Pantry, No Closet
- Level: First
Living room
- Features: No Closet
- Level: First
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, In Garage
Features
- Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom
- Flooring: Carpet, Laminate, Tile
- Doors: Sliding Doors
- Windows: Blinds, Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 2,694
- Total interior livable area: 1,756 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Deeded, Driveway, Ground Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Private Entrance, Private Mailbox, Private Yard, Storage
- Has private pool: Yes
- Pool features: Deck, In Ground
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Water,Lake
- Waterfront features: Lake Privileges
- Body of water: LAKE RAINBOW
Lot
- Size: 0.49 Acres
- Features: Landscaped, Level, Private
- Residential vegetation: Trees/Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: 0019990000
- Zoning: ASC-1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Water Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: RAINBOW TERRACE
HOA
- Has HOA: No
Location
- Region: Odessa
Financial & listing details
- Price per square foot: $510/sqft
- Tax assessed value: $473,275
- Annual tax amount: $4,121
- Date on market: 6/1/2026
- Cumulative days on market: 41 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
Zestimate®
$852,200
Estimated sales range
$810,000 - $895,000
Rent Zestimate®
$3,105/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Price change | $895,000-5.8%$510/sqft |
Source: | ||
| 6/1/2026 | Listed for sale | $950,000$541/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,121 +8.6% | $238,655 +2.9% |
| 2024 | $3,793 +3.6% | $231,929 +3% |
| 2023 | $3,661 +3.9% | $225,174 +3% |
| 2022 | $3,523 +1.2% | $218,616 +3% |
| 2021 | $3,480 +2.7% | $212,249 +1.4% |
| 2020 | $3,389 +3.3% | $209,319 +2.3% |
| 2019 | $3,281 | $204,613 +11.3% |
| 2018 | $3,281 +12.8% | $183,758 -5.7% |
| 2017 | $2,910 +1.5% | $194,807 +10.5% |
| 2016 | $2,867 +1.1% | $176,276 +0.7% |
| 2015 | $2,836 -0.2% | $175,051 +0.8% |
| 2014 | $2,842 | $173,662 +1.5% |
| 2013 | $2,842 +0.4% | $171,096 +1.7% |
| 2012 | $2,830 -7.8% | $168,236 -6.4% |
| 2011 | $3,070 -1.4% | $179,807 -1.9% |
| 2010 | $3,115 +2.8% | $183,309 +2.7% |
| 2009 | $3,029 -14.8% | $178,490 -12.7% |
| 2008 | $3,554 +200.8% | $204,380 +171.7% |
| 2007 | $1,182 -2.8% | $75,211 +2.5% |
| 2006 | $1,216 +18% | $73,377 +3% |
| 2005 | $1,030 | $71,240 +3% |
| 2004 | -- | $69,165 +22.3% |
| 2003 | -- | $56,569 +2.4% |
| 2002 | -- | $55,243 +1.6% |
| 2001 | -- | $54,373 +2.2% |
| 2000 | $696 | $53,216 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 33556
Nearby schools
GreatSchools rating
- 9/10Hammond Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 8/10Sergeant Paul R Smith Middle SchoolGrades: 6-8Distance: 3.4 mi
- 7/10Steinbrenner High SchoolGrades: 9-12Distance: 4.8 mi
Schools provided by the listing agent
- Elementary: Hammond Elementary School
- Middle: Walker-HB
- High: Steinbrenner High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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