Rainwood

Groveland, FL
Average Sales Price
$416,602
Median Sales Price
$415,990
Population
-
Total Listings
18
Discover Life in Rainwood with Mike Vein
At a Glance
Rainwood is inside City of Groveland limits, off Libby No. 3 Road and Wilson Lake Parkway in north-east Groveland. Some MLS records use Clermont mailing addresses. Homes in Rainwood are zoned for Groveland Elementary, Cecil E. Gray Middle and South Lake High School, according to Lake County Schools' 2026-27 school zones. The community has a homeowners association.
Homes & Builders
Rainwood's first phase has 225 homesites: 69 townhome lots and 156 single-family lots. Lake County parcel records show 60 homes on the 2026 tax roll, all built in 2025 (12 townhomes and 48 single-family homes), with the remaining lots still being built on. Plans call for about 437 homes in all, 167 townhomes and 270 single-family homes on 40-, 60- and 70-foot lots. MLS listings show single-family homes of about 1,690 to 2,570 square feet with 3 to 5 bedrooms, and townhomes of about 1,480 to 1,700 square feet with 3 to 4 bedrooms. Mattamy Homes is the builder and is still selling.
Amenities
A community pool sits on a homeowners association parcel, according to county records, Mattamy Homes and MLS listings. Mattamy Homes and MLS listings also mention a playground and walking trails. No named lake borders the community; the association's larger tracts hold stormwater ponds, according to county records.

Rainwood Homes for Sale

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Rainwood Homes Sold in the Past 12 Months

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Rainwood: Local Questions Answered

Where is Rainwood located?

Rainwood is off Libby No. 3 Road next to Wilson Lake Parkway in north-east Groveland, on Free Range Drive, Rainwood Street and nearby streets. Homes have Groveland 34736 addresses, though some records use Clermont, and all are inside City of Groveland limits.

What types of homes are in Rainwood?

Townhomes and single-family homes. The first phase has 225 homesites, 69 for townhomes and 156 for single-family homes, and Lake County parcel records show 60 homes built in 2025 on the 2026 tax roll. MLS listings show single-family homes of about 1,690 to 2,570 square feet with 3 to 5 bedrooms, and townhomes of about 1,480 to 1,700 square feet with 3 to 4 bedrooms. Mattamy Homes is the builder.

How much do homes cost in Rainwood?

Over the past two years (MLS data, October 2026), single-family homes in Rainwood sold 33 times for a median of about $431,000, with most between about $359,000 and $514,000. Townhomes sold 24 times for a median of about $312,000, with most between about $287,000 and $343,000. For today's listings, see the top of this page.

What are the HOA fees in Rainwood?

Recent MLS listings show HOA dues of about $178 per month for single-family homes and about $323 per month for townhomes as of October 2026; confirm current dues with the association. Lake County's CDD map and Florida's official list of special districts don't show a community development district (CDD) for Rainwood, but check the property tax bill for any special assessments. The association is Rainwood Homeowners Association, Inc.

What schools serve Rainwood?

Lake County Schools' 2026-27 school zones place Rainwood in Groveland Elementary, Cecil E. Gray Middle and South Lake High School.

Zoning can change and varies by street, so confirm a specific address with Lake County Schools' school locator, and compare school grades in the Florida School Accountability Reports.

Is Rainwood still being built?

Yes. Mattamy Homes is still selling townhomes and single-family homes in Rainwood, and MLS listings show homes finished in 2026. Only 60 of the first phase's 225 homesites had a home on the January 2026 tax roll, according to Lake County parcel records. Plans call for about 437 homes in all.

Can you rent homes in Rainwood short term?

No Rainwood-specific rental rules turned up in our research. HOA documents often limit leasing, so confirm the current rules with the association before buying if you plan to rent.

Have questions about Rainwood?

Ask me about homes, pricing, schools, commute, or the best streets to focus on. I'm a full-service local agent backed by a trusted network of professionals, so every step from first showing to closing day is handled.

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