$272,500

502 Rainbow Springs Loop Groveland, FL 34736

$3,236
Closing credit¹
3 beds
2 full, 1 partial
1,550 sqft
0.1 acres
$176 / sqft
Townhouse

Property details

About 502 Rainbow Springs Loop

Welcome home! This beautiful 3-bedroom, 2.5-bathroom town home resides in Waterside Pointe. Minutes from the heart of Clermont, this is your opportunity to own this well-equipped home, ready for years of memories in the heart of the action. Inside, the property features a practical layout with an open living area, gourmet kitchen, and three spacious bedrooms all on the second floor. The gourmet kitchen comes adorned with granite countertops, a custom tile backsplash, an island, pantry closet, and upgraded cabinetry, perfect for any culinary enthusiast. Upstairs, the primary bedroom is a lovely retreat featuring a stylish barn door to the private bathroom and spacious closet with cathedral ceilings that extend through all bedrooms, creating a light and airy atmosphere. For outdoor enjoyment, a private, partially covered paver patio offers an ideal space for relaxation or entertaining guests. In addition, the property's end-unit position ensures added privacy and natural light. Community amenities are two blocks over and include a clubhouse, pool, tennis and basketball courts, and a fitness center. The final highlight of this property is its location. It offers easy access to local attractions, shopping, and dining options, and nature lovers will appreciate the proximity to parks, lakes, and many other outdoor recreational areas. Whether you're seeking a comfortable home or a promising investment, this property offers the best of both worlds. Its combination of community amenities and continued excitement around Clermont make this property a standout choice in today's real estate market. Come see this ready move-in townhouse today and discover the perfect blend of comfort and convenience in Waterside Pointe.

Highlights

Home typeTownhouse
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size1,550 sqft
Lot size0.13 Acres
Year built2014
ParkingDriveway, Garage Door Opener, Garage Faces Rear
MLS #O6289010
Garage2 spaces

Virtual tour

Summary

  • MLS Number: O6289010
  • MLS Name: MFRMLS
  • Office Name: BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY
  • Listing Agent: Joseph Doher

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 6:19:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring stucco siding, covered porch, and a front lawn

$272,500

502 Rainbow Springs Loop

$3,236

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 02, 2022
Home Sold
$292,800
Dec 14, 2021
Home Sold
$265,000
May 25, 2016
Home Sold
$173,000
Jun 27, 2014
Home Sold
$150,815

Tax history

YearAssessmentProperty Tax
2023$236,671$4,463
2022$256,671$4,040
2021$151,100$4,040
2020$149,014$1,978
2019$145,664$1,981
2018$142,948$1,893
2017$142,948$1,908

History based on county public records data.

Nearby schools

8

Cypress Ridge Elementary School

Public Magnet PK-5

1.8 mi

350 East Ave

3

Groveland Elementary School

Public District PK-5

3.6 mi

930 Parkwood Ave

5

Grassy Lake Elementary School

Public District PK-5

3.8 mi

13636 Education Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $66,961. Typical income of Groveland, FL residents is between $35k-100k annually. The majority of families are married, with kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

22%
<35k
54%
35k-100k
22%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

29%
Single, No Kids
13%
Single, with Kids
28%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
18%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • College FootballCollege Football
  • MotocrossMotocross
  • NASCARNASCAR

Where do the neighbors shop?

  • Best BuyBest Buy
  • GameStopGameStop
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • SonicSonic
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • RamRam
  • JeepJeep
  • KiaKia

What do the neighbors listen to?

  • Contemporary ChristianContemporary Christian
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 502 Rainbow Springs Loop

This home is located at 502 Rainbow Springs Loop in Groveland, FL and zip code 34736 in the Waterside Pointe, Groveland neighborhood. This 1,550 square foot home, which was built in 2014, sits on a 0.13 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $272,500.

While more than 7 listings in Groveland, FL in March 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 32 were sold below. The number of listings in Groveland, FL increased by 5% between February and March 2025. Listings spent 62 days on the market in March 2025, and had a median list price of $384,441 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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