246 Rainbow Dr

840 Sq. Ft.
$220 / Sq. Ft.
840
Sq. Ft.
$220
per Sq. Ft.

Description

Endless Possibilities on 5.5 Acres - A Rare Find! Welcome to your own slice of paradise! Nestled on 5.5 sprawling acres, this unique property offers endless potential and is perfect for hobbyists, homesteaders, or anyone seeking space and versatility. At the heart of the property is a 2020 mobile home in excellent condition, featuring 2 bedrooms and 2 full bathrooms. The interior is clean and modern, with appliances that are like new—having been rarely used. Outside, the opportunities are truly limitless....Endless Possibilities on 5.5 Acres - A Rare Find! Welcome to your own slice of paradise! Nestled on 5.5 sprawling acres, this unique property offers endless potential and is perfect for hobbyists, homesteaders, or anyone seeking space and versatility. At the heart of the property is a 2020 mobile home in excellent condition, featuring 2 bedrooms and 2 full bathrooms. The interior is clean and modern, with appliances that are like new—having been rarely used. Outside, the opportunities are truly limitless. Multiple outbuildings provide flexible storage and workspace options, while a large workshop includes a secured area for tools and equipment, along with ample covered workspace to suit any project or passion. A greenhouse adds to the property's charm and functionality, perfect for year-round gardening (needs some TLC). Whether you're looking to create a self-sustaining lifestyle, start a small business, or simply enjoy peaceful rural living, this property has it all. Don't miss your chance to make this versatile property yours! Work Shop is approximately 40x40. The Studio is approximately 25x25. You also may have to opportunity to split the parcel if you don't want to keep all 5 acres.
  1. Listed by Melinda Vazquez • Brokerage DRE #2028454 • Coldwell Banker Realty
    P: (850)-855-3307 C: (850)-855-3307 melinda.vazquez@cbrealty.com

Property Details for 246 Rainbow Drive

Zoning
Resid Single Family
Architectural Style
Mobile Home
Subdivision Name
MEETS & BOUNDS
LISTING UPDATED: 02/15/2026 08:51 AM

Property Details for 246 Rainbow Drive

StatusSold
MLS #973252
Days on Market251
Taxes$333 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMobile/Manufactured
MLS TypeResidential / Mobile Home
Year Built2020
Lot Size5.51 AC / 240,015 SF
CountyWalton County

Location

Listing Courtesy of Coldwell Banker Realty

Sold By Coldwell Banker Realty

Add your commute

Building Information for 246 Rainbow Drive

Stories1Residences-Year Built2020Lot Size5.51 AC / 240,015 SF

Payment Calculator

$929 per month

30 year fixed, 6.15% Interest

Principal and Interest

$902

Property Taxes

$28

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 246 Rainbow Drive

Summary
Location and General Information
  • Directions: From intersection of Hwy 285 & 90 turn west ...2.4 miles turn right on Rainbow drive...home will be on your right in quarter mile.
  • Road Frontage Type: County Road
  • MLS Area Minor: 2305 - Mossy Head
  • MLS Area Major: 23 - North Walton County
  • Latitude: 30.744663
  • Longitude: -86.385963
  • Location Tax and Legal:Sub Area: 2305 - Mossy Head
  • Location Tax and Legal:Elementary School: Maude Saunders
  • Location Tax and Legal:Middle School: Walton
  • Location Tax and Legal:High School: Walton
  • Location Tax and Legal:Legal Description: LOT 7 & 8 COM AT NW/COR SEC 19 S 00 DEG 00'00''W 658.04 FT, N 84 DEG 32'53''E 2600.05 FT, S 00 DEG 18'39''E 933.29 FT, S 89 DEG 41'21''W 588.60 FT TO POB,BEING ALG CTRLINE OF 60 FT WIDE ROW,S 89 DEG 41'21''W 405.07 FT ALG CTRLINE,S 00DEG 18'39''E 592.05 FT, DEPART CTRLINE,N 89DEG 41'21''E 405.07 FT,N00'DEG18''39''W 592.05FT TO POB LESS & EXCEPT W 30FT & N 30FT FOR INGRESS & EGRESS. BEARINGS ARE B
  • General Property Info Beach Frontage: 0.0
  • Garage 2: false
Taxes and HOA
  • Tax Legal Description: LOT 7 & 8 COM AT NW/COR SEC 19 S 00 DEG 00'00''W 658.04 FT, N 84 DEG 32'53''E 2600.05 FT, S 00 DEG 18'39''E 933.29 FT, S 89 DEG 41'21''W 588.60 FT TO POB,BEING ALG CTRLINE OF 60 FT WIDE ROW,S 89 DEG 41'21''W 405.07 FT ALG CTRLINE,S 00DEG 18'39''E 592.05 FT, DEPART CTRLINE,N 89DEG 41'21''E 405.07 FT,N00'DEG18''39''W 592.05FT TO POB LESS & EXCEPT W 30FT & N 30FT FOR INGRESS & EGRESS. BEARINGS ARE B
  • Parcel Number: 19-3N-21-37000-002-0031
  • Association Fee: $0
  • Tax Annual Amount: $333
  • Listing Info Tax Legal:Last Taxes: $333
  • Listing Info Tax Legal:Last Tax Year: 2024.0
School Information
  • Elementary School: Maude Saunders
  • Middle Or Junior School: Walton
  • High School: Walton
Parking
  • Carport YN: Yes
  • Attached Garage YN: No
  • Parking Features: Carport, Carport Detached, Covered, Oversized, RV, Other
  • Covered Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Spaces: 0.0
  • General Property Info:Carport Spaces: 1.0
  • General Property Info:Covered Spaces: 1.0
  • General Property Info:Driveway Spaces: 4.0
  • Parking Features: Carport3, Carport Detached, Covered, Oversized, RV, Other3
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 405 x 592
  • Lot Size Acres: 5.51
  • Lot Size Area: 5.51
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Other Structures: Greenhouse, Workshop
  • Lot Features: Cleared, Interior, Level, Wooded
  • Building Area Total: 840.0
  • Lot Size Square Feet: 240015.6
  • General Property Info:SqFt Source: County PA Records
  • LotParcel Access: County Road, DirtClay Road
  • Lot Features: Cleared, Interior, Level, Wooded
Property and Assessments
  • Tax Year: 2024.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2020.0
  • Property Sub Type: Mobile Home
  • New Construction YN: No
  • General Property Info:Sub-Type: Mobile Home
  • General Property Info:Design: Mobile Home
  • Listing Info Tax Legal:Homestead: true
  • Construction Status: Construction Complete
  • Occupancy Status: Vacant
Utilities
  • Sewer: Septic Tank
  • Utilities: Public Water, Tap Fee Paid
  • Water Source: Well
  • Utilities: Private Well, Public Water, Septic Tank, Tap Fee Paid
  • Energy: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lawn Pump, Yard Building
  • Stories: 1.0
  • Patio And Porch Features: Porch, Porch Open
  • General Property Info:Pool: No
  • General Property Info:Pool Type: None
  • Exterior: Greenhouse, Lawn Pump, Porch, Porch Open, Workshop, Yard Building
Interior Features
  • Heating: Central
  • Cooling: Central Air
  • Interior Features: Breakfast Bar, Walls Paneled
  • Flooring: Floor Vinyl
  • Room Type: Kitchen, Living Room, Bedroom, Master Bedroom, Laundry
  • Rooms Total: 5.0
  • Bathrooms Total Integer: 2.0
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Cooling YN: Yes
  • Heating YN: Yes
  • Bedrooms Total: 2.0
  • Bathrooms Full: 2.0
  • Bathrooms Half: 0.0
  • Interior: Breakfast Bar, Floor Vinyl, Walls Paneled
  • Appliances: Dishwasher, Dryer, Refrigerator, StoveOven Electric, Washer
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 8.0
  • Room Dimensions: 11 x 8
Room 2
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 13.0
  • Room Dimensions: 12 x 13
Room 3
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 13.0
  • Room Width: 8.0
  • Room Dimensions: 13 x 8
Room 4
  • Room Type: Master Bedroom
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 13.0
  • Room Dimensions: 11 x 13
Room 5
  • Room Type: Laundry
  • Room Level: First
  • Room Length: 6.0
  • Room Width: 6.0
  • Room Dimensions: 6 x 6
Rental
Rent Information
  • Land Lease Amount: $0
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 246 Rainbow Drive

DateEvent & SourcePriceAppreciation
Feb 13, 2026

Sold

ECAR #973252

$185,000—
Dec 14, 2025

Pending

ECAR #973252

—
Dec 12, 2025

Price Change

ECAR #973252

$190,000—
Dec 12, 2025

Listed (Active)

ECAR #973252

$209,000—
Dec 7, 2025

Pending

ECAR #973252

—
Nov 28, 2025

Price Change

ECAR #973252

$199,000—
Oct 1, 2025

Listed (Active)

ECAR #973252

$209,000—
Sep 30, 2025

Expired

ECAR #973252

$214,000—
Apr 7, 2025

Listed (Active)

ECAR #973252

$209,000—
Aug 16, 2003

Sold

ECAR #322673

$43,000—
Aug 15, 2003

Sold (Public Record)

Public Record #241771719

$43,000—
Jul 17, 2003

Pending

ECAR #322673

—
Jun 26, 2003

Listed (Active)

ECAR #322673

$49,500—
DateEvent & SourcePrice
02/13/2026

Sold

ECAR #973252

$185,000
12/14/2025

Pending

ECAR #973252

—
12/12/2025

Price Change

ECAR #973252

$190,000
12/12/2025

Listed (Active)

ECAR #973252

$209,000
12/07/2025

Pending

ECAR #973252

—
11/28/2025

Price Change

ECAR #973252

$199,000
10/01/2025

Listed (Active)

ECAR #973252

$209,000
09/30/2025

Expired

ECAR #973252

$214,000
04/07/2025

Listed (Active)

ECAR #973252

$209,000
08/16/2003

Sold

ECAR #322673

$43,000
08/15/2003

Sold (Public Record)

Public Record #241771719

$43,000
07/17/2003

Pending

ECAR #322673

—
06/26/2003

Listed (Active)

ECAR #322673

$49,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 246 Rainbow Drive

Taxable ValueLand$49,590Additions$67,521Total$117,111
Tax Record2024$333 ($28 / month)
Home Facts
Total Finished SqFt840 SqFtAbove Grade Finished SqFt840 SqFtStories1Lot Size240,016 SqFtStyleMobile / Manufactured HomeYear Built2020CountyWALTONAPN19-3N-21-37000-002-0031

Schools near 246 Rainbow Drive

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Mossy Head School
PublicPK to 5

Walton Middle School
Public6 to 8

Walton High School
Public9 to 12

Walton Learning Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Coldwell Banker Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.