Indulge in the ultimate lakefront lifestyle—this is the one you’ve been waiting for to start living your best life. Nestled in the highly sought-after Keystone/Odessa area with 119 feet of direct frontage on stunning Rainbow Lake (55 acres) which also connects to Moon Lake (12 acres), this exceptional 4-bedroom, 3-bath home sits on nearly half an acre and offers the perfect blend of privacy, comfort, and everyday escape. This lot is breathtaking!!!! Wake up to water views from nearly every room, with unobstructed sightlines across a pristine 55-acre ski lake. Whether it’s boating, kayaking, fishing, or sunset evenings on the water, this property turns every day into a getaway. The 65-foot dock, built with pressure-treated lumber, is ready for it all—just bring your boat and start living. Inside, everything has already been done for you. The beautifully renovated kitchen features wood countertops, stainless steel appliances, a wine fridge, and rich wood accents that make the space feel warm and inviting. Luxury vinyl flooring runs throughout, paired with three updated bathrooms and a spacious laundry room with storage for all your gear. Major updates—including a 2022 3.5-ton A/C system, a new station pump for septic, newer water treatment system, and the updated pressure-treated 65-foot dock—mean peace of mind from day one. Outside, the expansive lot is perfect for entertaining, relaxing, or simply soaking in the quiet, scenic surroundings. Located in a highly desirable lakefront community of Rainbow lake with estate-style homes, you’ll enjoy privacy, low-traffic roads, and natural beauty—while still being just minutes from Tampa International Airport, Busch Gardens, ZooTampa, and top-rated beaches. Come enjoy the peaceful country-luxury lifestyle.
Zoned for A-rated Hammond Elementary. NO CDD. NO HOA.
Homes like this rarely come available—schedule your private showing. Priced to sell. Current tenant loves the home and would love to stay if the buyer is interested.
Zoned for A-rated Hammond Elementary. NO CDD. NO HOA.
Homes like this rarely come available—schedule your private showing. Priced to sell. Current tenant loves the home and would love to stay if the buyer is interested.
Property Details
Price:
$975,000
MLS #:
TB8503270
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
RAINBOW TERRACE
Neighborhood:
33556odessa
Listed Date:
Apr 30, 2026
Finished Sq Ft:
2,123
Total Sq Ft:
3,071
Lot Size:
19,215 sqft / 0.44 acres (approx)
Year Built:
1959
See this Listing
Schools
Elementary School:
Hammond Elementary School
Middle School:
Sergeant Smith Middle-HB
High School:
Steinbrenner High School
Interior
Appliances
Convection Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Softener, Wine Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Luxury Vinyl
Heating
Electric
Interior Features
Ceiling Fan(s), Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Wet Bar
Laundry Features
Inside
Levels
One
Exterior
Attached Garage YN
1
Construction Materials
Concrete, Stucco
Covered Spaces
2
Direction Faces
Northeast
Exterior Features
Private Mailbox, Rain Gutters
Garage Spaces
1
Lot Features
In County, Oversized Lot
Open Parking YN
1
Other Structures
Shed(s)
Parking Features
Driveway, Guest, Off Street, Oversized
Roof
Shingle
View
Water
Waterfront Features
Lake Front
Window Features
Blinds
Financial
HOA Name
None
Tax Year
2025
Taxes
$10,892
Map
Community
- Address17129 RAINBOW TERRACE ODESSA FL
- SubdivisionRAINBOW TERRACE
- CityODESSA
- CountyHillsborough
- Zip Code33556
Subdivisions in ODESSA
- 04 LAKES ESTATES
- ACREAGE & UNREC
- ARBOR LAKES PH 3B
- ASHLEY LAKES
- ASHLEY LAKES PH 01
- ASHLEY LAKES PH 2A
- ASTURIA PH 1A
- ASTURIA PH 1B & 1C
- ASTURIA PH 1D
- ASTURIA PH 2A & 2B
- ASTURIA PH 3
- ASTURIA PH 5
- BELLE MEADE
- BELMACK ACRES
- CANTERBURY
- CANTERBURY VILLAGE
- CANTERBURY VILLAGE FIRST ADD
- CINTRON GROVE
- CITRON GROVE
- CITRUS GREEN PH 2
- CLARKMERE
- COPELAND CREEK
- ESPLANADE AT STARKEY RANCH
- ESPLANADE AT STARKEY RANCH PHASES 2A & 2B
- ESPLANADE/STARKEY RANCH PH 1
- ESPLANADE/STARKEY RANCH PH 2A
- ESPLANADE/STARKEY RANCH PH 3
- ESPLANADE/STARKEY RANCH PH 4
- FARMINGTON
- GREY HAWK AT LAKE POLO
- GREY HAWK AT LAKE POLO PH 02
- HALES STANG SUB
- HAMMOCK WOODS UNIT II
- HARRIETT ESTATES
- HOLIDAY CLUB
- HOLIDAY CLUB UNIT 1
- IVY LAKE ESTATES
- KEYSTONE ACRES FIRST ADD
- KEYSTONE CROSSINGS
- KEYSTONE GROVE LAKES
- KEYSTONE LAKE VIEW PARK
- KEYSTONE MEADOW 3
- KEYSTONE OARK COLONY LAND CO
- KEYSTONE PARK
- KEYSTONE PARK COLONY
- KEYSTONE PARK COLONY LAND CO
- KEYSTONE PARK COLONY SUB
- KEYSTONE PRESERVE MINOR SUB
- KEYSTONE SHORES ESTATES
- KEYSTONE TERRACE
- LAKE ANNE ESTATES
- LAKE ARMISTEAD ESTATES
- LAKE BRECKENRIDGE
- LAKE GENEVA HOMESITES
- LAKE MAURINE SUB
- LAKE MINEOLA
- LAKE TAYLOR
- LAKES OF KEYSTONE
- LAKESIDE GROVE ESTATES
- LYON CO SUB
- LYON COMPANYS SUB
- LYONS CO SUB
- MAGNOLIA FARMS
- MISTY MORNING ESTATES
- MORGAN KING GARDENS
- NINE EAGLES UNIT ONE SEC I
- NORTH TAMPA LAND COS SUB OF
- NORTHBRIDGE AT LAKE PRETTY
- NORTHTON GROVES SUB
- ODESSA GARDENS
- ODESSA LAKEFRONT
- ODESSA PRESERVE
- PARKER POINTE PH 01
- PARKER POINTE PH 02A
- PARKER POINTE PH 2B
- PARKER POINTE PHASE ONE
- PRESERVE
- PRETTY LAKE ESTATES
- RAINBOW TERRACE
- RIDGELAND REP
- SOLETA AT STARKEY RANCH
- SOUTH BRANCH PRESERVE
- SOUTH BRANCH PRESERVE 1
- SOUTH BRANCH PRESERVE PH 1
- SOUTH BRANCH PRESERVE PH 2A &
- SOUTH BRANCH PRESERVE PH 2B &
- SOUTH BRANCH PRESERVE PH 2B & 3B
- SOUTH BRANCH PRESERVE PH 2B 3
- SOUTH BRANCH PRESERVE PH 4A 4
- SOUTH BRANCH PRESEVE PH 2A & 3A
- SOUTHFORK AT VAN DYKE FARMS
- ST ANDREWS AT THE EAGLES UN 1
- ST ANDREWS AT THE EAGLES UN 2
- STARKEY RANCH
- STARKEY RANCH PCLS 8 & 9 PH 1
- STARKEY RANCH PH 1
- STARKEY RANCH PH 1 PCLS 8 & 9
- STARKEY RANCH PH 1 PRCL D
- STARKEY RANCH PH 2 PCLS 8 & 9
- STARKEY RANCH PH 2 PRCL D
- STARKEY RANCH PH 3 PRCL F
- STARKEY RANCH PRCL 7
- STARKEY RANCH PRCL A
- STARKEY RANCH PRCL B2
- STARKEY RANCH PRCL C 1
- STARKEY RANCH PRCL C1
- STARKEY RANCH PRCL C2
- STARKEY RANCH PRCL D PH 1
- STARKEY RANCH PRCL D PH 2
- STARKEY RANCH PRCL F PH 2
- STARKEY RANCH VILLAGE 1 PH 1-5
- STARKEY RANCH VILLAGE 1 PH 2A
- STARKEY RANCH VILLAGE 1 PH 2B
- STARKEY RANCH VILLAGE 1 PH 3
- STARKEY RANCH VILLAGE 1 PH 4A-4C
- STARKEY RANCH VILLAGE 1 PH 5
- STARKEY RANCH VILLAGE 2 PH 1A
- STARKEY RANCH VILLAGE 2 PH 1B-1
- STARKEY RANCH VILLAGE 2 PH 1B-2
- STARKEY RANCH VILLAGE 2 PH 2A
- STARKEY RANCH VILLAGE 2 PH 2B
- STARKEY RANCH WHITFIELD PRESERVE PH 1
- STARKEY RANCH WHITFIELD PRESERVE PH 2
- STARKEY RANCH WHITFIELD PRESERVE PHASE 2
- STARKEY RANCH-65′ LOTS
- STASIA PLATTED MINOR SUB
- STEEPLECHASE
- STILLWATER PH 2
- SUNCOAST XINGS
- SWAN COVE
- SWAN VIEW TWNHMS
- TARRAMOR
- TARRAMOR PH 1
- TARRAMOR PH 2
- TARRAMOR PHASE 1
- THE LAKES AT VAN DYKE FARMS
- THE PADDOCKS AT VAN DYKE FARM
- THE TRAILS AT VAN DYKE FARMS
- TRINITY LAKES XINGS
- TURNBERRY AT THE EAGLES UN 2
- TUSCANO / SUNCOAST CROSSING
- TUSCANO AT SUNCOAST
- TUSCANO AT SUNCOAST CROSSINGS CONDO
- TUSCANO/SUNCOAST XINGS
- UNPLATTED
- VICTORIA LAKES
- WARREN ESTATES
- WATERCREST- PH 2
- WATERSTONE
- WEST PASCO INDUST PARK
- WHITFIELD PRESERVE PH 2
- WINDSOR PARK AT THE EAGLES
- WINDSOR PARK AT THE EAGLES-FI
- WYNDHAM LAKE SUB PH ONE
- WYNDHAM LAKES PH 04
- WYNDHAM LAKES PHASE 4
- ZZZ
- ZZZ/ UNPLATTED
Market Summary
Current real estate data for Single Family in ODESSA as of May 18, 2026
268
Single Family Listed
84
Avg DOM
348
Avg $ / SqFt
$1,241,069
Avg List Price
Property Summary
- Located in the RAINBOW TERRACE subdivision, 17129 RAINBOW TERRACE ODESSA FL is a Single Family for sale in ODESSA, FL, 33556. It is listed for $975,000 and features 4 beds, 3 baths, and has approximately 2,123 square feet of living space, and was originally constructed in 1959. The current price per square foot is $459. The average price per square foot for Single Family listings in ODESSA is $348. The average listing price for Single Family in ODESSA is $1,241,069. To schedule a showing of MLS#tb8503270 at 17129 RAINBOW TERRACE in ODESSA, FL, contact your LPT Realty agent at 813.694.8061.
Similar Listings Nearby
Courtesy of THE CAMPINS COMPANY,LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than LPT Realty include the name of the listing broker. Neither the listing company nor LPT Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 17129 RAINBOW TERRACE
ODESSA, FL
