Back 17112 Rainbow Terrace
Off Market

17112 Rainbow Terrace

Keystone FL 33556

5
5
3
7981 sq. ft.
524462 sq. ft.
Single-Family
Last sold for $3,000,000
Eric StocklandEric Stockland, last sold this property on 23 August 2024 after 22 days on market.

Overview

Experience luxury lakefront living in this elegant 2-story Italian-inspired Mediterranean home located on 12 acres (approx. 6 acres upland and 6 lowland) in an exclusive gated enclave of the equestrian friendly community of Steeplechase. Custom-built by Charter Bay Home Builders in 2023, this home boasts 5,563 sq ft of living space and overlooks the picturesque 26-acre Velburton Lake, a private, nonmotorized lake. This home offers the ultimate in peace, quiet, and privacy. The oversized lot is ideal for horse enthusiasts, as it allows (w/ HOA approval) for the construction of a barn and up to 2 horses?an option available to only a handful of Steeplechase properties. This expansive home features five spacious bedrooms, five bathrooms, a den/office, a bonus/media room, and a 3-car garage. Designed for entertaining, the open floor plan boasts 12? ceilings, a gorgeous gourmet kitchen equipped with a 48? gas range, 30?column refrigerator and 30? column freezer, and an impressive kitchen island that comfortably seats five. The spacious walk-in pantry provides ample storage space with built-in cabinets. The Great Room features a wall of glass doors which flood the space with natural light and offers exceptional views and access to the pool and lake. The fenced pool and spa overlook the lake alongside a large screened outdoor living area which includes a built-in BBQ, wet bar and fridge, as well as access to the pool bath. The primary bedroom is located on the first floor with french doors offering sunset views of the lake and access to an outdoor sitting area, the pool and spa. The luxurious primary bath includes separate vanities, a soaking tub, and an expansive walk-in shower. A large office/den is located on the 1st floor off the Great Room which could also be used as a nursery, exercise room, or 6th bedroom. Four additional bedrooms are located upstairs, offering privacy and comfort. One of the bedrooms, along with the bonus/media room, lead to a screened balcony, perfect for enjoying sunsets over the lake. For added convenience, the home includes two well-appointed laundry rooms, one on each floor. Just 20 minutes from Tampa International Airport, this home combines luxury, tranquility and convenience.

Features

5 bedrooms
5 bathrooms
3 carspaces
3 garage spaces
7981 sq. ft. floor area
524462 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Keystone over the last 12 months, the estimated median property value of 17112 Rainbow Terrace is $939.9k.

Median value
$939.9k
Estimated value range
$470k - $4.4m
Median days on market
30
Estimated value trend
-10%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Keystone. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 17112 Rainbow Terrace

2024
Sold
$3,000,000
23 Aug 2024 by Eric Stockland
2021
Sold
$680,000
04 Jan 2021 by Brian Mitchell, Jr, of ELITE TAMPA BAY REALTY LLC
2017
Sold
$560,555
17 Aug 2017 by Anne Park

Happy sellers in Keystone

88%
88% of sellers in Keystone reported that their sale price either exceeded or met their price expectations.

Keystone stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Keystone over the last 12 months.

Local market activity for 5 bedroom single-family properties in Keystone

In the last 12 months, 65 five-bedroom single-family properties similar to 17112 Rainbow Terrace, have been sold.

This represents a 7% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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