Active
17127 Rainbow Terrace, Odessa, FL 33556
MLS TB8559473
$799,000
Est. $4,391/mo principal and interest at 7.32% with 20% down
4 bd · 3.0 ba · 2,163 sqft · Single Family Residence
About this home
EXCEPTIONAL LAKEFRONT LIVING IN HIGHLY SOUGHT-AFTER ODESSA! Discover a rare opportunity to own a beautifully maintained 4-bedroom, 3-bath waterfront home offering 110 feet of frontage on picturesque Rainbow Lake, a stunning natural setting surrounded by towering 100-foot cypress trees and lush Florida landscape. Perfectly positioned on a quiet, dead-end street across from a lush conservation area, this exceptional property offers a peaceful, private retreat while remaining conveniently close to everything Tampa Bay has to offer. OVER $220,000 IN IMPROVEMENTS AND UPGRADES COMPLETED FROM 2021–2026! Meticulously maintained and thoughtfully updated, this home offers an impressive collection of major improvements, including a NEW ROOF (2026), NEW HURRICANE-IMPACT WINDOWS AND DOORS (2026), beautifully REMODELED BATHROOMS, NEW EXTERIOR STUCCO AND FRESH EXTERIOR PAINT (2026), ALL NEW HVAC DUCTWORK AND VENTS (2026), and NEW ATTIC INSULATION (2026). Additional enhancements include updated lighting throughout the home, new electrical outlets and switches, refreshed interior paint, updated drywall ceilings in several living areas, and a Kinetico water softening and reverse osmosis system. A charming wood-burning fireplace adds warmth and character to the living space, while the updated laundry room features additional cabinetry and a new washer and dryer. Outside, a convenient storage shed provides extra space for tools, lawn equipment, and recreational gear. Even the waterfront dock platform has been refurbished, providing the perfect setting to enjoy the beauty of Rainbow Lake. These extensive improvements represent a significant investment in the home's comfort, efficiency, and long-term value. THE WATERFRONT LIFESTYLE IS THE TRUE SHOWSTOPPER! Rainbow Lake encompasses approximately 50 acres of beautiful freshwater, offering an incredible setting for boating, water skiing, jet skiing, fishing, kayaking, paddleboarding, or simply relaxing along the shoreline. The lake also fea
Key facts
- Type
- Single Family Residence
- Size
- 2,163 sqft
- Bedrooms
- 4
- Bathrooms
- 3.0
- Avg. price per sqft
- $369
- County
- Hillsborough
- MLS number
- TB8559473
- Status
- Active
- Property address
- 17127 Rainbow Terrace, Odessa, FL 33556
Where is this home?
Common questions
How much is 17127 Rainbow Terrace, Odessa, FL 33556 listed for?
17127 Rainbow Terrace, Odessa, FL 33556 in Odessa, FL is listed at $799,000 (about $4,391/mo principal and interest at 7.32% with 20% down).
How many bedrooms and bathrooms does 17127 Rainbow Terrace, Odessa, FL 33556 have?
17127 Rainbow Terrace, Odessa, FL 33556 has 4 bedrooms, 3.0 bathrooms, and 2,163 square feet.
Who can show 17127 Rainbow Terrace, Odessa, FL 33556 in Odessa?
Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.
What is the difference between pre-approval and pre-qualification?
Pre-qualification is a conversation about income and credit. Pre-approval is a lender review of a file. Apply on this site for a second look even if you already have a letter from somewhere else.
Should I buy first or sell first in Tampa Bay?
It depends on the loan, the equity, and the timing. I can model buy-before-you-sell as a lender program fee, not a brokerage commission, then list the current home. Book a call and we will run the numbers on your file.
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