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    1 Rainbow Dr Rainbow City, AL 35906

    For Sale
    $164,900

    LOT - Rainbow City, AL

    Lot size:
    0.62 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 1 Rainbow Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    2005150001073.005
    Lot size
    0.62 Acres

    Utilities

    Water front features
    Lake/Pond, Lake/Pond, River, River Front, Waterfront, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Keller Williams Gadsden (256) 467-8604

    Listing agent Stephanie Megois (256) 467-8604

    Listing date Nov 21, 2025

    MLS# 21889797 Listing URL

    Copyright © 2025 ValleyMLS.Com,Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Lot on Coosa River

    This 0.62-acre waterfront lot is located along the Coosa River, offering sunset views. The property provides direct lake access suitable for boating, fishing, kayaking, and swimming. The terrain is gently sloping, providing ample space for constructing a custom home suitable for weekend retreats or full-time living. The location offers peace and privacy with convenient access to nearby towns, shopping, and dining.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Map

    City
    Rainbow City
    County
    Etowah
    State
    Alabama
    Longitude
    -86.11051164
    Latitude
    33.907137221

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    FAQs

    What type of property is this?
    Waterfront Property - Waterfront lot with lake access for building a dream home.
    Where is this waterfront property located?
    The property is located at 1 Rainbow Dr Rainbow City, AL.
    What is the asking price?
    The asking price for this property is $164,900.
    What are key features of this property?
    This property features: - Stunning waterfront lot on the Coosa River with breathtaking sunset views.; - Direct lake access ideal for boating, fishing, kayaking, and swimming.; - Gently sloping terrain with ample space for a custom home.
    (256) 467-8604
    Request Owner's contact information
    1 Rainbow Dr Rainbow City, AL 35906
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Rainbow Dr Rainbow City, AL 35906
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