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#TB8336227, Marianella Campos, Listing office: LOKATION
$305,000 List price
520 Rainbow Springs Loop Groveland, FL 34736
3 beds
2 full, 1 partial
1,629 sqft
0.08 acres
$187 / sqft
Townhouse
Property details
About 520 Rainbow Springs Loop
Welcome to the beautifully maintained community of Waterside Pointe, where resort-style living meets everyday convenience! This charming 3-bedroom, 2.5-bath townhome offers a thoughtful layout with the primary suite located on the first floor for added privacy and ease. The open-concept living area features tile flooring and a cozy faux fireplace that adds a touch of warmth and character. The kitchen is well-appointed with granite countertops, a full suite of appliances, and plenty of cabinetry. Upstairs, you'll find a spacious bonus room—perfect for a home office, media space, or play area—along with two additional bedrooms and a full bath. Step outside to your private courtyard patio, ideal for grilling, relaxing, or enjoying Florida evenings. Recent updates include a brand-new A/C system, providing peace of mind and energy efficiency. Currently tenant-occupied with excellent month-to-month tenants who have lovingly maintained the home and would love to stay—making this a fantastic opportunity for both investors and future homeowners alike. Located in a gated community loaded with amenities: resort-style pool with waterslide, clubhouse, fitness center, basketball courts, RV/boat storage, and more!
Highlights
Home typeTownhouse
HeatingCentral
StatusActive
CoolingCentral Air
Size1,629 sqft
Lot size0.08 Acres
Year built2014
ParkingGarage Door Opener
MLS #G5098766
Attached garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Flooring Type: Carpet, Ceramic Tile
- Interior: Ceiling Fans(s), Primary Bedroom Main Floor, Stone Counters
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Garage Door Opener
- Exterior: Sidewalk, Sliding Doors
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $305,000
- Price/SqFt: $187
- HOA Amount: $1067 Quarterly
- Annual Tax Amount: $2,413
- Tax Year: 2023
- Lot: Sidewalk, Paved, Private
- Directions: You will need to enter through the main entrance- GPS will try to take you through the residence side entrance. From SR-50 & US-27, take 50 W. Turn right onto Waterside Pointe Dr, right onto Blue Cypress Dr, right onto Rainbow Springs Loop. Townhome will be on the left.
- Year Built: 2014
- Living Area: 1,629 SqFt
- Lot Size: 0.08 Acres
- MLS Number: G5098766
- MLS Name: MFRMLS
- Office Name: KELLER WILLIAMS ELITE PARTNERS III REALTY
- Office Phone: (321) 527-5111
- Listing Agent: Brandie Mathison-Klein
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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.
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Last updated on: 7/24/2025, 10:34:28 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 |
| Apr 03, 2017 | Home Sold | $177,000 |
| Jun 27, 2014 | Home Sold | $163,752 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $162,580 | $2,413 |
| 2022 | $157,850 | $2,306 |
| 2021 | $153,254 | $2,306 |
| 2020 | $151,139 | $2,017 |
| 2019 | $147,741 | $2,020 |
| 2018 | $144,987 | $1,931 |
| 2017 | $97,035 | $1,037 |
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. Typical income of Groveland, FL residents is between $35k-100k annually. The most common type of family is 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 520 Rainbow Springs Loop
The listing price of 520 Rainbow Springs Loop property is $305,000.
The property 520 Rainbow Springs Loop is a townhouse located in Groveland, Florida, 34736.
Active Listing: 520 Rainbow Springs Loop is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 520 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 $2,413 (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 520 Rainbow Springs Loop has 3 bedrooms and 2 full and 1 half bathrooms.
The property 520 Rainbow Springs Loop is 1,629 SqFt (source: MLS/tax record).
The year of construction for 520 Rainbow Springs Loop is 2014.
This home is located at 520 Rainbow Springs Loop in Groveland, FL and zip code 34736 in the Waterside Pointe, Groveland neighborhood. This 1,629 square foot home, which was built in 2014, sits on a 0.08 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $305,000.
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 number of homes for sale in Groveland, FL decreased by 5% between May and June 2025. 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.