Rainbow Village

Rainbow Village is a supposed level that can be found in Rainbow Ride. It is described as a small village on a mountain. It is usually accessed by shooting a cannon in Rainbow Ride into a random teleport in the skybox. It usually is a red coin level. It usually is a flat grass platform with a large grass wall on one end, likely representing a mountain, with re-used Wet-Dry World houses. It is believed this is a very early level, seeing as to how basic it is. The red coins are on top of the houses, and the star spawns in the center of the level.

Super Smash Bros. Melee Connections
Seen in Super Smash Bros. Melee's Rainbow Ride stage is a mountain with a small village on it. It is believed this references Rainbow Village. This is also what made people believe Rainbow Village existed.