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502 Rainbow Springs Loop

Groveland, FL 34736

3 beds
3 baths
1,550 sqft
5,607 sqft lot
$180 per sqft
2014 build
– on site

Welcome home! This beautiful 3-bedroom, 2.5-bathroom town home resides in Waterside Pointe. Minutes from the heart of Clermont, this is your opportunity to own this well-equipped home, ready for years of memories in the heart of the action. Inside, the property features a practical layout with an open living area, gourmet kitchen, and three spacious bedrooms all on the second floor. The gourmet kitchen comes adorned with granite countertops, a custom tile backsplash, an island, pantry closet, and upgraded cabinetry, perfect for any culinary enthusiast. Upstairs, the primary bedroom is a lovely retreat featuring a stylish barn door to the private bathroom and spacious closet with cathedral ceilings that extend through all bedrooms, creating a light and airy atmosphere. For outdoor enjoyment, a private, partially covered paver patio offers an ideal space for relaxation or entertaining guests. In addition, the property's end-unit position ensures added privacy and natural light. Community amenities are two blocks over and include a clubhouse, pool, tennis and basketball courts, and a fitness center. The final highlight of this property is its location. It offers easy access to local attractions, shopping, and dining options, and nature lovers will appreciate the proximity to parks, lakes, and many other outdoor recreational areas. Whether you're seeking a comfortable home or a promising investment, this property offers the best of both worlds. Its combination of community amenities and continued excitement around Clermont make this property a standout choice in today's real estate market. Come see this ready move-in townhouse today and discover the perfect blend of comfort and convenience in Waterside Pointe.

Listing courtesy of STELLAR_MLS / BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY

Last checked: Checking… • Last updated Mar 18, 2025 •

MLS# O6289010 —

The Building

Year Built:

2014
New Construction:

false
Construction Materials:

Block
Building Elevator:

false
Levels:

Two
Stories Total:

2
Roof:

Shingle
Foundation Details:

Slab
Patio And Porch Features:

Covered
Building Area Total:

2375
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Cathedral Ceiling(s)
Flooring:

Laminate
Fireplace:

false

Room Dimensions

Living Area:

1550
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Head west on Hwy 50 until you reach the entrance to the community. Turn right into the community entrance. Proceed straight through the community; the property will be along this route.
Latitude:

28.559306
Longitude:

-81.78619
Coordinates:

-81.78619, 28.559306

The Property

Parcel Number:

222225001000011600
Property Type:

Residential
Property Subtype:

Townhouse
Lot Features:

Corner Lot
Lot Size Acres:

0.13
Lot Size Area:

5607
Lot Size SqFt:

5607
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Direction Faces:

West
View:

false
Exterior Features:

Courtyard
Water Source:

Public
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

AE
Flood Zone Panel:

12069C0570E
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

11600
Tax Legal Description:

WATERSIDE POINTE PHASE I PB 63 PG 13-21 LOT 116 ORB 6060 PG 1926
Tax Book Number:

63/13
Tax Annual Amount:

4555.19

Beds

Bedrooms Total:

3

Baths

Total Baths:

2.5
Total Baths:

3
Full Baths:

2
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://my.matterport.com/show/?m=qChLzR16tpK&mls=1
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Appliances:

None
Laundry Features:

Electric Dryer Hookup

Schools

High School:

South Lake High

The Community

Subdivision Name:

GROVELAND WATERSIDE POINTE PH 01
Senior Community:

false
Community Features:

Association Recreation - Owned
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Number Limit
Pet Restrictions:

3 pets, or only 2 if one or both are over 50 lbs
# of Pets:

3
Association Amenities:

Clubhouse
Association:

true
Association Fee:

1099
Association Fee Frequency:

Quarterly
Association Fee Includes:

Community Pool
Association Fee Requirement:

Required
Monthly HOA Amount:

366.33
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

2
Garage Dimensions:

19x20
Carport:

false
Covered Spaces:

2
Open Parking:

true
Parking Features:

Driveway

Monthly cost estimate

Asking price

$280,000

Expense	Monthly cost
Mortgage	$1,499
Taxes	$379
Insurance	$77
HOA fees	$366
Utilities	$127 See report
Total	$2,448/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/11/25 Mar 11, 2025	Listed / Active	STELLAR_MLS	$280,000	-4.4% (-1.9% / YR)
2/14/25 Feb 14, 2025	Price Changed	STELLAR_MLS
1/27/25 Jan 27, 2025	Price Changed	STELLAR_MLS

Townhouse For Sale

$280,000

HOA

$366/mo.

Cost Est.

$2,448/mo.

Listing provided by broker:

Joseph Doher

BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY

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This townhouse located in Waterside Pointe, Groveland, FL 34736 is currently for sale for $280,000. 502 Rainbow Springs Loop is a 1,550 square foot townhouse with 3 beds and 3 baths that has been on Estately for 17 days. 502 Rainbow Springs Loop is in the Waterside Pointe neighborhood of Groveland and has a WalkScore® of 3, making it car-dependent. This townhouse is in the attendance area of South Lake High School and Aurelia Cole Academy.

Listing Courtesy of: STELLAR_MLS and BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.