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$260,000
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Property Description
One or more photo(s) has been virtually staged. Welcome to the beautifully maintained community of Waterside Pointe, where resort-style living meets everyday convenience! This charming 3-bedroom, 2.5-bath townhome offers a thoughtful layout with the primary suite located on the first floor for added privacy and ease. The open-concept living area features tile flooring and a cozy faux fireplace that adds a touch of warmth and character. The kitchen is well-appointed with granite countertops, a full suite of appliances, and plenty of cabinetry. Upstairs, you'll find a spacious bonus room-perfect for a home office, media space, or play area-along with two additional bedrooms and a full bath. Step outside to your private courtyard patio, ideal for grilling, relaxing, or enjoying Florida evenings. Recent updates include a brand-new A/C system, providing peace of mind and energy efficiency. Located in a gated community loaded with amenities: resort-style pool with waterslide, clubhouse, fitness center, basketball courts, RV/boat storage, and more!
Full Property Details
Full Property Details for 520 Rainbow Springs Loop
General
- Sold For: $260,000
- HOA FEE: $356/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,500 (2024)
- Status: Closed
- Type: Townhouse
- Source: MidFloridaRegionalMLS
- MLS ID: G5098766
- Added to Site: 205 day(s) ago
Rental Information
- Min. Lease: 6 Months
Interior
- Number of Rooms: 7
- Interior Features: Ceiling Fan(s), Primary Bedroom Main Floor, Stone Counters
- Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Basketball Court, Clubhouse, Fitness Center, Playground, Pool
Exterior
- Exterior Features: Sidewalk, Sliding Doors
- Deck/Patio: Covered, Front Porch, Patio
- Porch/Patio/Deck: Covered, Front Porch, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Door Opener
Location
- Area: 34736 - Groveland
- County: Lake
- Development Name: 34736 - Groveland
- Subdivision: GROVELAND WATERSIDE POINTE PH 01
- Driving Directions: You will need to enter through the main entrance- GPS will try to take you through the residence side entrance. From SR-50 & US-27, take 50 W. Turn right onto Waterside Pointe Dr, right onto Blue Cypress Dr, right onto Rainbow Springs Loop. Townhome will be on the left.
- Direction Faces: Southeast
Community
- Community Name: 34736 - Groveland
- Community Features: Clubhouse, Deed Restrictions, Fitness Center, Gated Community - No Guard, Pool, Sidewalks
- Optional Amenities: Basketball Court, Clubhouse, Fitness Center, Playground, Pool
- Association: Yes
- Assoc. Name: Sentry Management
- Assoc. Fees Include: Community Pool, Maintenance Structure, Private Road, Recreational Facilities
- Number of Pets: 3
- Pet Restrictions: No more than 3 pets permitted, except for dogs 50 lbs or over, limit is 2. Pet restrictions have not been verified. It is buyer's responsibility to verify pet restrictions with the HOA.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: Two
- Square Feet: 1,629
- Sq. Ft. Source: Public Records
- Living Area: 1,629 Sq. Ft.
- Year Built: 2014
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,347
- Lot Size: 3347
- Frontage: Street Paved, Private Road
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Association Fee: $1,067
- Assoc Fee Freq.: Quarterly
- Assoc Fee Desc.: Required
- Tax Amount: $2,500
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: WATERSIDE POINTE PHASE I PB 63 PG 13-21 LOT 107 ORB 4924 PG 10
- Flood Zone Info: X
- APN: 222225001000010700
- Property ID: 222225001000010700
Listed by Keller Williams Elite Partners Iii Realty
Sold by Premium Properties R.E. Service
Get Pre-Approved Today
Schools
Schools serving 520 Rainbow Springs Loop
School District:Lake County School District
| Name | Grades | Distance |
|---|---|---|
South Lake High School 15600 Silver Eagle Road, Groveland, FL 34736 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 520 Rainbow Springs Loop
Date
Details
Price
Change
Source
1/16/2026
Sold
$260,000
-5.45%
MLS
11/19/2025
Price Reduced
$275,000
-3.51%
MLS
10/31/2025
Price Reduced
$285,000
-1.72%
MLS
10/07/2025
Price Reduced
$290,000
-2.52%
MLS
9/12/2025
Price Reduced
$297,500
-0.83%
MLS
8/11/2025
Price Reduced
$300,000
-1.64%
MLS
7/23/2025
Price Reduced
$305,000
-1.61%
MLS
6/25/2025
Listed
$310,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
520 Rainbow Springs Loop, Groveland, FL 34736 (MLS# G5098766) is a Townhouse property that was sold at $260,000 on January 16, 2026. Want to learn more about 520 Rainbow Springs Loop? Do you have questions about finding other Townhouse real estate for sale in Groveland? You can browse all Groveland real estate or contact a Coldwell Banker agent to request more information.

