Rainbow Springs, Dunnellon, FL, Real Estate

Rainbow Springs is a stunning natural gem, home to one of the state's largest first-magnitude springs and the crystal-clear headwaters of the Rainbow River. This enchanting spot in Rainbow Springs State Park boasts sapphire-blue waters that maintain a refreshing 72°F year-round, fed by powerful underground vents that produce hundreds of millions of gallons of pristine water daily. Visitors can swim in the inviting headspring area, tube or kayak along the gentle, scenic river surrounded by lush forests, moss-draped oaks, and vibrant gardens, or explore shaded trails featuring historic elements like human-made waterfalls from its days as a mid-20th-century tourist attraction. With abundant wildlife, picnic spots, and a serene escape into Florida's natural beauty, Rainbow Springs offers a magical blend of relaxation and adventure just north of Dunnellon.

Rainbow Springs currently has 92 single family homes for sale with an average list price of $401,665.79 and 22 lots for sale with an average list price of $56,265.05. The average annual property tax for Rainbow Springs is $2,006.38.

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What's Hot & What Not

Absorption Report Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Rainbow Springs, i.e. what's hot and what's not.

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Subdivisions

Subdivisions Median Price
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Country Club Estates

Country Club Estates is a single-family home community in the Rainbow Springs neighborhood of Dunnellon, Florida, built between 1980 and 2025. It currently has 21 single family homes for sale with an average list price of $341,492.86 and 5 lots for sale with an average list price of $36,860. The homes range in size from 1,189 ft2 to 2,948 ft2. The HOA fees range from $8 to $242 per month. The average annual property tax for Country Club Estates is $2,139.92. It is located in Marion County. ... Read more
Median Price: $280,000
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Fairway Estates West

Fairway Estates West is a single-family home community in the Rainbow Springs neighborhood of Dunnellon, Florida, built between 1998 and 2000. It currently has 1 single family home for sale with a list price of $375,000. The homes range in size from 2,047 ft2 to 2,704 ft2. The HOA fees range from $8 to $22 per month. The average annual property tax for Fairway Estates West is $3,379.79. It is located in Marion County. ... Read more
Median Price: $399,000
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Fox Trace

Fox Trace is a single-family home community in the Rainbow Springs neighborhood of Dunnellon, Florida, built between 1999 and 2006. It currently has 1 single family home for sale with a list price of $384,500. The homes range in size from 1,933 ft2 to 3,206 ft2. The HOA fees range from $17 to $219 per month. The average annual property tax for Fox Trace is $2,949.47. It is located in Marion County. ... Read more
Median Price: $370,000
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Grand Park

Grand Park is a single-family home community in the Rainbow Springs neighborhood of Dunnellon, Florida, built between 2004 and 2025 by Lennar. It currently has 8 single family homes for sale with an average list price of $379,435. The homes range in size from 1,870 ft2 to 3,038 ft2. The HOA fees range from $19 to $44 per month. The average annual property tax for Grand Park is $2,675.74. It is located in Marion County. ... Read more
Median Price: $325,310
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Grand Park North

Grand Park North is a single-family home community in the Rainbow Springs neighborhood of Dunnellon, Florida, built between 2006 and 2025 by Lennar. It currently has 8 single family homes for sale with an average list price of $382,650. The homes range in size from 1,623 ft2 to 2,692 ft2. The HOA fees range from $14 to $308 per month. The average annual property tax for Grand Park North is $1,105.35. It is located in Marion County. ... Read more
Median Price: $334,992.50
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