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$895,000
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Property Description
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.
Full Property Details
Full Property Details for 17109 Rainbow Terrace
General
- Price: $895,000
- Taxes: $4,121 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8513826
- Updated: 7/3/2026
- Added to Site: 46 day(s) ago
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Kitchen and Family Room Combination, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Window Treatments
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, In Garage
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Deck, In Ground
Exterior
- Exterior Features: Private Entrance, Private Mailbox, Private Yard, Sliding Doors, Storage
- Deck/Patio: Covered
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Deeded, Driveway, Ground Level
Location
- Area: 33556 - Odessa
- County: Hillsborough
- Development Name: 33556 - Odessa
- Subdivision: RAINBOW TERRACE
- Driving Directions: N. W. Hillsborough County. Gunn Highway to west on N. Mobley Road. Right on Crawley Road, approximately 1/2 mile to Rainbow Terrace, then left, located on lake side.
- Direction Faces: Southeast
School Information
- Elementary School: Hammond Elementary School
- Middle School: Walker-HB
- High School: Steinbrenner High School
Community
- Community Name: 33556 - Odessa
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water District: LAKE RAINBOW
- Water: Well
- Utility Description: Electricity Connected, Water Available
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Windows: Blinds, Window Treatments
- Stories/Levels: One
- Square Feet: 1,756
- Sq. Ft. Source: Public Records
- Year Built: 1965
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Water
- Lot Size (Acres): 0.48
- Lot Size (Sq. Ft.): 21,252
- Lot Size: 21252
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Water Features
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Front Name: LAKE RAINBOW
Financial Considerations
- Tax Amount: $4,121.18
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: Rainbow Terrace Lot 13
- Flood Zone Info: AE
- APN: 19990000
- Property ID: 19990000
Listed by Buy American Real Estate Corporation
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Schools
Schools serving 17109 Rainbow Terrace
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Hammond Elementary School 8008 North Mobley Road, Odessa, FL 33556 | PK-5 | 1.5 mi |
Sergeant Paul R Smith Middle School 14303 Citrus Pointe Drive, Tampa, FL 33625 | 6-8 | 3.3 mi |
Steinbrenner High School 5575 West Lutz Lake Fern Road, Lutz, FL 33558 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 17109 Rainbow Terrace
Date
Details
Price
Change
Source
7/03/2026
Price Reduced
$895,000
-5.79%
MLS
6/01/2026
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 17109 Rainbow Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,121
9%
$238,655
3%
2024
$3,793
4%
$231,929
3%
2023
$3,661
5%
$225,174
6%
2021
$3,480
-1%
$212,249
-3%
2022
$3,523
1%
$218,616
4%
2021
$3,480
6%
$209,319
2%
2019
$3,281
13%
$204,613
11%
2018
$2,910
1%
$183,758
2%
2017
$2,867
1%
$179,978
2%
2016
$2,836
-1%
$176,276
1%
2015
$2,868
1%
$175,051
1%
2014
$2,842
—
$173,662
1%
2013
$2,847
—
$171,096
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 17109 Rainbow Terrace
17109 Rainbow Terrace, Odessa, FL 33556 (MLS# TB8513826) is a Single Family property with 3 bedrooms and 2 full bathrooms. 17109 Rainbow Terrace is currently listed for $895,000 and was received on June 01, 2026. Want to learn more about 17109 Rainbow Terrace? Do you have questions about finding other Single Family real estate for sale in Odessa? You can browse all Odessa real estate or contact a Coldwell Banker agent to request more information.

