This beautiful Townhome is a located in a well established gated community at Waterside Pointe in Groveland. The large master bedroom is located on the main level with huge closet and bathroom. The other two bedrooms are on the upper floor with a large loft. The spacious kitchen has an island, great for conversation, 42" cabinets and granite countertops with door leading to patio. Some blinds and ceiling fans convey.
The community includes an exercise facility, and a resort style swimming pool with a large waterslide. It also has a tennis court, basketball court, playground, park, walking trail, soccer field and recreation center.
Easy access to theme parks, beaches and shopping in Orlando and Tampa.
This is a Must See Townhome!
Tenant pays for one month's security deposit and last months' rent upon signing lease
No smoking and no pets allowed.
Sold for $275,000
$275,000
516 Rainbow Springs Loop, Groveland, FL 34736
3beds
2baths
1,629sqft
Townhouse
Built in 2014
3,496 Square Feet Lot
$275,100 Zestimate®
$169/sqft
$2,175 Estimated rent
Home value
$275,100
$256,000 - $294,000
$2,175/mo
Zestimate® history
Owner options
List your home for rent
$2,175/mo
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$2,175/mo
Rent Zestimate®
Refinance and save
$1,923/mo
Est. payment
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$1,923/mo
Est. payment
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List your homeWhat's special
Established gated communityTennis courtBasketball courtWalking trailCeiling fansSoccer fieldRecreation center
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2.5
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Interior area
- Total interior livable area: 1,629 sqft
Property
Parking
- Parking features: Garage - Detached, Off-street
Features
- Exterior features: Other, Stucco, Brick
Lot
- Size: 3,496 sqft
Details
- Parcel number: 222225001000010900
Construction
Type & style
- Home type: Townhouse
Materials
- Foundation: Slab
- Roof: Asphalt
Condition
- Year built: 2014
Community & neighborhood
Location
- Region: Groveland
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $91 monthly
Other
Other facts
- Cooling System: Air Conditioning
- Laundry: In Unit
- Parking Type: Garage
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Sold | $275,000+70.2%$169/sqft |
Source: Public Record Report a problem | ||
| 3/20/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/16/2022 | Price change | $1,995-5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/7/2022 | Price change | $2,100-8.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/28/2022 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/2/2014 | Sold | $161,614$99/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,791 +2.2% | $251,057 +0.8% |
| 2024 | $4,687 +6.6% | $249,080 +10% |
| 2023 | $4,397 +3.7% | $226,440 +10% |
| 2022 | $4,239 +26.3% | $205,860 +10% |
| 2021 | $3,358 +8.2% | $187,147 +8.9% |
| 2020 | $3,104 +0.8% | $171,780 +7.1% |
| 2019 | $3,080 +13.2% | $160,463 +10% |
| 2018 | $2,722 | $145,875 |
| 2017 | $2,722 -0.5% | $145,875 +6.5% |
| 2016 | $2,736 +2.5% | $136,950 +3.6% |
| 2015 | $2,669 +609.5% | $132,178 +623.3% |
| 2014 | $376 +6.5% | $18,275 |
| 2013 | $353 -1.5% | $18,275 |
| 2012 | $358 +0.1% | $18,275 |
| 2011 | $358 +0.7% | $18,275 |
| 2010 | $355 +0.1% | $18,275 |
| 2009 | $355 | $18,275 |
| 2008 | -- | -- |
Find assessor info on the county website
Neighborhood: 34736
Nearby schools
GreatSchools rating
- NAClermont Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 6/10Windy Hill Middle SchoolGrades: 6-8Distance: 5.8 mi
- 4/10South Lake High SchoolGrades: 9-12Distance: 2.1 mi
Get a cash offer in 3 minutes
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Estimated market value
$275,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$275,100
- Florida
- Lake County
- Groveland
- 34736
- 516 Rainbow Springs Loop



