540 Rainbow Blvd, Lady Lake, FL 32159
OFF MARKET

540 Rainbow Blvd
Lady Lake, FL 32159

  • 2 Beds
  • 2 Baths
  • 1,144 sqft

$181,300

Trulia Estimate
as of Jun 8, 2026
Est. Refi. Payment $994/mo*

$181,300

Trulia Estimate
as of Jun 8, 2026
Est. Refi. Payment $994/mo*
2 Beds
2 Baths
1,144 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to the Historical District of the Villages! This home in the Village of Silver Lake is just minutes form Spanish Town Springs via the famous Golf Cart bridge. Come and see this wonderful well kept 2 Bedroom 2 Bath home with an open floor plan to include a Formal Living Room and Dining Room and great size Bedrooms! In 2019, remodel of the Master Bedroom and Bathroom with a dual sink vanity and shower, other updates to the home include waterproof flooring, paint, new windows and interior panel doors. This community is a golf cart community accessible to shopping, restaurants, hospital and lots of entertainment including the Sharon L Morse Performing Arts Center. Just a short golf cart ride to Hills County Club, pool and restaurant and two blocks from the Southside adult pool. There are also 30 Executive Golf Courses and 12 Champion Golf Courses located near and the surrounding areas. Orlando, Disney and Universal are just down the road just a little over an hour away. So come on what are you waiting for? This home is calling your name!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
View
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HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 540 Rainbow Blvd

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Laminate
Interior Details
Types of Rooms: Dining Room
Appliances & Utilities
DishwasherDisposalDryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: MetalExterior: Wood, MetalFoundation Type: Piers
Parking & Garage
Parking Spaces: 2Parking: Carport

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 5488 sqft

Price History for 540 Rainbow Blvd

DatePriceEventSource
09/16/2020$150,000Sold
N/A
07/12/2020$160,000PendingAgent Provided
06/06/2020$160,000Listed For SaleAgent Provided
06/25/2014$121,900Sold
N/A
01/28/2005$113,900Sold
N/A

Market trends in The Villages

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$366K
$1.6K
MoM
Sale-to-List Price
97.2%
0.1%
MoM
Price per sq ft
$247
$0
MoM
Available listings
890
15
MoM
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Property Tax and Assessment

Year2025
Tax$2,436
Assessment$172,908
Home facts updated by county records

Comparable Sales for 540 Rainbow Blvd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$185,000
10/07/25
2
2
1,144
0.12
Single-Family Home
$208,000
07/03/25
2
2
1,248
0.03
Single-Family Home
$315,000
01/05/26
2
2
1,099
0.23
Single-Family Home
$170,000
03/17/26
2
2
1,144
0.18
Single-Family Home
$201,000
03/27/26
2
2
1,248
0.22
Single-Family Home
$218,000
08/26/25
2
2
1,144
0.13
Single-Family Home
$225,000
04/06/26
2
2
1,583
0.24
Single-Family Home
$274,900
04/15/26
2
2
1,175
0.25
Single-Family Home
$324,900
03/04/26
2
2
1,242
0.39
Single-Family Home
$214,900
12/05/25
2
2
1,404

Nearby homes

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Assigned Schools

These are the assigned schools for 540 Rainbow Blvd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about The Villages

At least 218 Trulia users voted on each feature.
  • 88 % Say it's dog friendly

  • 80 % Say yards are well-kept

  • 80 % Say it's quiet

  • 79 % Say parking is easy

  • 77 % Say people would walk alone at night

  • 73 % Say there's holiday spirit

  • 70 % Say car is needed

  • 68 % Say they plan to stay for at least 5 years

  • 59 % Say neighbors are friendly

  • 59 % Say streets are well-lit

  • 48 % Say there are community events

  • 41 % Say it's walkable to restaurants

  • 40 % Say there's wildlife

  • 34 % Say there are sidewalks

  • 29 % Say it's walkable to grocery stores

  • 12 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Dlaws2302
    "This is a retirement community with incredible amenities. Very well maintained. Golf is king. Entertainment at public squares 365 days a year"
  • Jeanmorgan1958
    "There are many dog owners and we see them walking together. Also, a dog park near by. This is a very friendly dog neighborhood "
  • Mark Englehart
    "Retirement neighborhood. Very friendly neighborhood. Lot of walking trails and nature for walking and biking."
  • Jim Kerr
    "Kids are not allowed here. It’s a retirement community. Even the adult pools require you to me over 30 years old to go."
  • Nbmanassa
    "Our local Rec centers & pools are great for meeting your neighbors. Plus the Squares have nightly entertainment! Great for socializing! "
  • Ttc1991
    "Great place to live and play! Every amenity you can think of is within a golf cart ride away! We can’t imagine living anywhere else!"
  • Melissakatsis
    "Love The Villages. Middleton is the new family area. It’s being built right now. Brand new high school, large town square being built as well as a new hospital. People that reside in Middleton will be the teachers, doctors & nurses for the new hospital & high school. "
  • Trulia User
    "This is a retirement community. Nearby Middleton is associated with The Villages and you can have under 18. Excellent schools and safety. "
  • binlady
    "Walking trails and Edna’s on the green , golfing , near shopping , health care , many restaurants, swimming pools, golf cart roads "
  • Trulia User
    "Golf carts, personal vehicles, friends pick you up from the airport, but most everything is cartable or walkable "
  • 96mw6qrdct
    "There is little to no public transportation. There is a lot to do around here, but you must drive 10-20 minutes. "
  • Ttc1991
    "We are close to all the amenities we want and use - rec centers, the Savanah Center, Country Clubs, golf course, shopping, restaurants, and medical. We love our neighborhood! We feel safe everywhere we go and love the lifestyle here! We wouldn't want to live anywhere else!"
  • Ttc1991
    "This is a 55+ retirement community. Children under 19 years old are not allowed to live full time in The Villages."
  • Brencliff
    "This is a 55+ community and generally families are welcome to visit but not live here permanently. However, there are children of the original owners who inherit the homes and retain ownership and sometimes live here."
  • cknipfer
    "Many crabby people put up fake fertilizer signs to keep dogs off the curb. Many bad dog owners let their dogs bark at the squares."
  • Trulia User
    "Its an easy walk around our neighborhood. The dog enjoys meeting the neighbors and so do we! Not much grass around the courtyard villas! "
  • Ttc1991
    "This is a 55+ community. Children under 19 are not allowed to live here permanently. However, The Villages Charter schools are the best in the country."
  • Julwid
    "I’ve lived here for 6 yrs. Everyone is very friendly and there is so much to do to keep yourself active and busy. "
  • Michael F.
    "More public transit is really needed. You can only get around by golf cart in the older section of The Villages. The new section is not golf cart accessible."
  • Kaitirossi0618
    "having doggy bags accessible when they go for walks, making it easier for them in case they forget the bag at home. "
  • Gerryhodges11
    "This article pertains to men age 65 Best Retirement Community in America! There’s almost no crime, no graffiti, no trash, no falling apart roads, no run down properties, and yes there are children 22% of the population is allowed to be under the age of 25 & more if needed to take care of a parent, etc (after all it is a Retirement Community). The biggest activity is Bowling (no it’s not Swinging), there are 60 Golf Courses (free to play), largest Golf Cart Community in the the world with over 65,000 Golf Carts, 104 pools (1/3 are for kids), over 3600 Clubs (all activities are free some may include a small fee for supplies or personal instruction), 3 Town Squares with free Entertainment & Dancing nightly 5 till 9 with some of the best bands in the industry. Plantings changed quarterly and every inch of the landscape manicured to perfection. That’s what people come to the Villages for from around the world (most are actually from Florida that live here year round) and what makes it the fastest growing city in America. "
  • Macnbrat
    "I travel all around the villages by golf cart. there are golf cart paths and tunnels. the scenery is beautiful. there is a lot of nature everywhere. "
  • Shamrock8
    "17 years living in community. Has been consistently safe and friendly. Excellent school system if employed by the Villagers. Convenient to Everything!"
  • Baclauser
    "We own a home and travel here several months of the year. We have never had issues with not being here and our neighbors look out for our home and contact us if anything occurs. Couldn’t ask for a nicer place to stay "
  • Christie C.
    "We love it here - it’s Disneyland for adults. Clubs, activities, 24/7 nightly square entertainment. Can’t beat it!!"
  • Patti
    "No public transportation is available here; sorely lacking. Can use your own car or golf cart. Public Transportation would be a big advantage here."
  • David M.
    "We talk to all the neighbors while we go for walks in the neighborhood. People have signs with their names in the front yard. All homes are very well maintained. "
  • Wyatt.richie
    "work from home. most people are retired. we use golf carts to get to most activities in The Villages "
  • Ughtogrophy
    "very friendly area, would recommend to anyone wanting to make a move to live here. great entertainment every weekend in the plazas............."
  • Renee J.
    "People are always walking around with their kids and dogs. It is a family oriented development. It is called Oakland Hills "
  • Ken b.
    "Other dog owners are everywhere. Several dog parks allows for socialization of both bigger and smaller dogs"
  • Dottie1057
    "We do driveway parties pool parties go out for birthdays play golf have luncheons. Play bunko. Lots of things "
  • Peggy G.
    "We need more leaders, less political divide and more community gatherings without alcohol. Neighbors tend to be cliquish; hard to break into. I like the amenities to meet friends."

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540 Rainbow Blvd, Lady Lake, FL 32159 is a 2 bedroom, 2 bathroom, 1,144 sqft single-family home built in 1988. This property is not currently available for sale. 540 Rainbow Blvd was last sold on Sep 16, 2020 for $150,000. The current Trulia Estimate for 540 Rainbow Blvd is $181,300.