Rainbow Lakes Estates is comprised of .99 acre and .24 acre homesites.

Surrounded by two beautiful rivers, the historic community of Dunnellon lies between the plush thoroughbred horse farms of Ocala, Florida and the Gulf of Mexico. With its carefully preserved Old Florida character and spirit of hospitality, its spectacular rivers, springs, vegetation and wildlife - all only 15 miles from the warm waters of the Gulf of Mexico - Dunnellon is the perfect gem in Florida's natural paradise. A true "old Florida town", Dunnellon is a small charming city.  One of the main natural attractions for Dunnellon is to the Rainbow River, which is fed by the Rainbow Spring, is managed by the Rainbow Springs State Park. In 1972, the U.S. Department of the Interior designated the Rainbow River as a National Natural Landmark. It is also an aquatic preserve and an Outstanding Florida Waterway. The Rainbow River is a part of the Great Florida Birding Trail. Dunnellon is also the site where the Withlacoochee State Trail and the Marjorie Harris Carr Cross Florida Greenway trail meet at the Blue Run of Dunnellon Park. Both trails accommodate hiking, biking and horseback riding. In 2001 Dunnellon served as the backdrop for the filming of the movie “Jeepers Creepers” staring Gina Philips. Today, the city continues to be a gateway for the tri-county region of Marion, Citrus and Levy counties.

Just north of Dunnellon is Rainbow Springs State Park with Florida's second largest artesian spring emptying 315 to 795 million gallons of water into the Rainbow River each day. Great for boating, tubing, canoeing, swimming, diving and snorkeling, the crystal clear Rainbow River winds southward and meets up with the mighty Withlacoochee River in downtown Dunnellon. Known world wide for its largemouth bass, the river offers freshwater fishing at its finest and runs west out of Dunnellon into the Gulf of Mexico where saltwater fishing is abundant. Dunnellon's central location is minutes away from larger cities such as Ocala, Gainesville, Inverness and Crystal River Florida on the Gulf of Mexico. Only 90 minutes away are all the major tourist attractions such as Disney World, Sea World, and Universal Studios in Orlando, Florida and Busch Gardens in Tampa, Florida. The area's dramatic springs and vibrant waterways, delightful climate and most certainly its location on U.S. 41 makes Dunnellon the ideal Florida place to live.