Rainbow Lakes Estates is an unincorporated community and census-designated place (CDP) in Marion and Levy counties, Florida, United States, established as a Municipal Services District.
There are various community owned and maintained facilities as well as paved roads.
Rainbow Lakes Estates is located in western Marion County and southeastern Levy County at 29.1458° N, -82.4994° W.[4] US 41 forms the easternmost edge of the community, 6 miles (10 km) north of Dunnellon.
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