#G5098766, Brandie Mathison-Klein, Listing office: KELLER WILLIAMS ELITE PARTNERS III REALTY
$280,000 List price
514 Rainbow Springs Loop Groveland, FL 34736
3 beds
2 full, 1 partial
1,550 sqft
0.2 acres
$181 / sqft
Townhouse
Property details
About 514 Rainbow Springs Loop
Experience the perfect blend of luxury and convenience in this immaculate 3-bedroom, 2.5-bath townhome with 1,550 square feet of living space. This move-in-ready end unit feels brand new, boasting a freshly painted interior, modern open floor plan, and a charming front porch to savor evening breezes. The chef’s kitchen is a standout with granite countertops, stainless steel appliances, custom cabinetry, and a versatile kitchen island, all flowing seamlessly into a private courtyard perfect for entertaining. Upstairs, the master suite impresses with its spacious layout, cathedral ceilings, double windows, and ensuite with a walk-in shower, complemented by two guest bedrooms offering comfort and style. A two-car garage and ample storage space, including a large closet under the stairs, complete the package. Nestled in the sought-after Waterside Pointe community, you’ll enjoy maintenance-free, resort-style living every day. Amenities include a large community clubhouse with a fitness center and event space, a sparkling pool with a waterslide, and courts for tennis and basketball. Whether relaxing at home or exploring the vibrant community, this home offers the lifestyle upgrade you’ve been waiting for. Schedule your tour today and step into your dream home!
Highlights
Home typeTownhouse
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size1,550 sqft
Lot size0.16 Acres
Year built2014
MLS #O6258399
Attached garage2 spaces
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
- Flooring Type: Carpet, Tile
- Interior: Ceiling Fans(s)
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Exterior: Sidewalk
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $280,000
- Price/SqFt: $180
- HOA Amount: $299 Monthly
- Annual Tax Amount: $2,736
- Tax Year: 2023
- Directions: From HWY 27 and FL-50 head West on 50. Take a right onto Waterside Pointe Drive. Take a second right onto Blue Cypress Dr then a 3rd right onto Rainbow Springs Loop. The home will be on your right.
- Year Built: 2014
- Stories: 2
- Living Area: 1,550 SqFt
- Lot Size: 0.16 Acres
- MLS Number: O6258399
- MLS Name: MFRMLS
- Office Name: EXP REALTY LLC
- Office Phone: (888) 883-8509
- Listing Agent: James Tima
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Last updated on: 7/16/2025, 2:34:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 19, 2019 | Home Sold | $2,054,477 |
| Aug 19, 2019 | Home Sold | $204,000 |
| Jan 07, 2016 | Home Sold | $175,000 |
| Jun 26, 2014 | Home Sold | $160,805 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $180,770 | $2,736 |
| 2022 | $175,510 | $2,616 |
| 2021 | $170,405 | $2,616 |
| 2020 | $168,053 | $2,325 |
| 2019 | $157,196 | $3,016 |
| 2018 | $142,905 | $2,666 |
| 2017 | $142,085 | $2,664 |
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
3.9 mi
•13636 Education Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,961. The majority of Groveland, FL residents have income between $35k-100k annually. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.
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 Football
Motocross
NASCAR
Where do the neighbors shop?
Best Buy
GameStop
Express/Express For Men
Where do the neighbors go to eat?
Texas Roadhouse
Sonic
Cracker Barrel
What do the neighbors drive?
Ram
Jeep
Kia
What do the neighbors listen to?
Contemporary Christian
Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 514 Rainbow Springs Loop
The listing price of 514 Rainbow Springs Loop property is $280,000.
The property 514 Rainbow Springs Loop is a townhouse located in Groveland, Florida, 34736.
Active Listing: 514 Rainbow Springs Loop is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 514 Rainbow Springs Loop are: Cypress Ridge Elementary School (GreatSchools Rating 8/10), Groveland Elementary School (GreatSchools Rating 3/10), Grassy Lake Elementary School (GreatSchools Rating 5/10), Minneola Conversion Charter School (GreatSchools Rating 7/10), Pinecrest Lakes Academy (GreatSchools Rating 10/10), Cecil E. Gray Middle School (GreatSchools Rating 4/10), South Lake High School (GreatSchools Rating 4/10), Lake Minneola High School (GreatSchools Rating 5/10), East Ridge High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $2,736 (source: MLS/based on county public records data).
The last sale was on November 19, 2019 for $2,054,477 (source: MLS/tax record).
The property at 514 Rainbow Springs Loop has 3 bedrooms and 2 full and 1 half bathrooms.
The property 514 Rainbow Springs Loop is 1,550 SqFt (source: MLS/tax record).
The year of construction for 514 Rainbow Springs Loop is 2014.
This home is located at 514 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 0.16 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $280,000.
In June 2025 more than 9 listings in Groveland, FL were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 24 were sold below. The inventory of homes for sale in Groveland, FL between May and June 2025 decreased by 5%. Listings spent 65 days on the market in June 2025, and had a median list price of $382,495 during the same period.
From Rocket Homes Real Estate and based on county public records data.