Rainbow Lake Estates With this lot you’re surrounded with very mature trees but has so open areas to easily envision your new home! This is a beautiful interior lot. Rainbow Lake Estates is a growing community of site built homes with easy access to Dunnellon, Rainbow Springs, Crystal River and a great spot to build a home for easy access to the World Equestrian Center! Enjoy country living with no HOA, no lease restrictions. All paved roads, Electricity available, well and septic required. Flood Zone X!