RAINBOW LAKES ESTATES 1/4 ACRE BUILDING LOT. Great lot to build your new home in Rainbow Lakes Estates! . R-1 site built homes (no mobiles). No HOA. Parcel measure about 77 X 143′. The community has its own library, community center, playground, basketball courts, tennis courts, and fishing pier. Convenient to downtown Dunnellon and an easy drive to Ocala, Gainesville, Crystal River, and the Gulf of Mexico. It’s minutes away from beautiful Rainbow Springs State Park (canoe, kayak, tube, swim, snorkel, and picnic