17109 RAINBOW TERRACE, ODESSA, FL, 33556
Active63 days on marketListed Jun 1, 2026MLS #TB8513826
About this home
17109 RAINBOW TERRACE
Escape to your own private water view sanctuary where peace, privacy and natural beauty define everyday living. Tucked away in a serene rural setting, this exceptional lake view property offers a rare combination of expansive views, open space, and true tranquility and ideal as a primary residence, second home, or weekend retreat. Enjoy breathtaking water views, stunning sunsets, and the calming presence of nature right outside your door. Whether you are relaxing by the pool, entertaining guests or simply wanting to unwind in total privacy, this property delivers a lifestyle that is increasingly difficult to find.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,756
Sqft
0.48 ac
Lot size
2
Garage
1965
Year built
One
Levels
$510
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$5,668 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,668/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Odessa actives
$510 vs $267
Days on market
63 vs 38 typical
Where $510/sqft sits among the 203 Odessa actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Odessa
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Odessa. See the full Odessa guide →
ODESSA 33556 — neighborhood snapshot
Population
34,045
Median age
40.9
Median income
$151,034
Median home value
$589,700
Avg household
2.93
Households w/ children
4,581
For the school run
Hillsborough County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Odessa market
$655K → $682K
Odessa median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
115 of 203
Odessa actives have cut their price
Median sold price, Odessa, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 35% above the ODESSA 33556 median. See the full Odessa market guide →
Paper trail
This home's history
Reality check
What actually sold near 17109 RAINBOW TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$389,000
17221 CRAWLEY ROAD
3 bd · 2 ba · 1,824 sqft · $213/sqft · 1 DOM
Sold · Oct ’25$535,000
11308 ECHO VIEW DRIVE
3 bd · 2 ba · 1,601 sqft · $334/sqft · 57 DOM
Sold · Feb ’26$745,000
18102 SPENCER ROAD
3 bd · 2 ba · 1,990 sqft · $374/sqft · 249 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 17109 RAINBOW TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 17109 RAINBOW TERRACE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
17109 RAINBOW TERRACE FAQs
What would the monthly payment be for 17109 RAINBOW TERRACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,668/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 17109 RAINBOW TERRACE?+
The most recent tax bill on record (2025) was $4,121. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Odessa?+
At $895,000, this home is listed about 19% above the Odessa median of $749,950. The market section on this page shows how the area is trending.
Which schools are assigned to 17109 RAINBOW TERRACE?+
Steinbrenner High School (high), Martinez Middle School (middle), Hammond Elementary School (elementary), Patricia Sullivan Metropolitan Ministries Partnership School (elementary) — Hillsborough County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$895,000 runs 35% above the ODESSA 33556 median.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Strong assigned schools
Steinbrenner High School, Martinez Middle School, Hammond Elementary School, Patricia Sullivan Metropolitan Ministries Partnership School — Steinbrenner High School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $950,000, now $895,000 — a $55K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of BUY AMERICAN REAL ESTATE CORPORATION · Cienwen Kemper. MLS #TB8513826.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Odessa homes, in your inbox
Like 17109 RAINBOW TERRACE but not quite? A daily digest of every new listing in Odessa — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →