5240 S Rainbow, Buckeye, AZ 85326 - Photo 1

1/1

$172,000

Sold
Closed
Lots/Land
1.21 Acres

1/1

Property Description

Build your dream home on 1.213 acres in Buckeye. Flat buildable lan with IRRIGATION RIGHTS- a rare find! This beautiful parcel is perfectly shaped and offers stunning mountain views, starry desert nights, and peaceful surroundings, yet it is just minutes from the freeway and shopping. Enjoy easy access via dirt road, with electricity nearby and a current survey already completed. Whether you're planning a custom home, hobby farm, or investment, this land is ready to go. Don't miss your chance to own a slice of Arizona with the perfect blend of convenience and rural charm. Buyer fell through, it's a great opportunity snatch this lot up! Seller will carry the loan.

Full Property Details

Full Property Details for 5240 S Rainbow

General

Sold For: $172,000
Taxes: $381 (2024)
Status: Closed
Type: Lots/Land
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6893237
Added to Site: 219 day(s) ago

Location

County: Maricopa
Township: 1N
Subdivision: ROOSEVELT CITRUS ACRES UNIT 3 BLOCK 1
Cross Streets: Roeser and 225th Avenue

Utilities

Dist. to Gas: None
Dist. to Electric: Within 1/2 Mile
Dist. to Sewer: None
Water: See Remarks, None, Check Availability, Irr Ditch(es)-Unlnd
Dist. to Water: Call Listing Office
Dist. to Telecomm: Call Listing Office

Additional Structures

Other Structures: None

Lot Features

Property View: Mountain(s), Desert
Mountain views: Yes
Lot Size (Acres): 1.21
Lot Size (Sq. Ft.): 52,832
Frontage: Dirt
Lot Features: East/West Exposure, North/South Exp
Development Status: Raw Land
Trees/Vegetation: Low Desert
Zoning: [R-R] RURAL, RE
Fencing (Description): None

Horse Property

Horse Property: Yes

Financial Considerations

Tax Amount: $381
Tax Year: 2024
Terms: Owner May Carry, Cash, Seller Approve Terms

Disclosures and Reports

Legal Description: NE4 LOT 22 BLK 3 ROOSEVELT CITRUS ACRES UNIT 3 MCR 19-43
Property ID: 504-43-027
Range: 3W
Section: 26
Lot Number: 22

Listed by West USA Realty
Sold by Barrett Real Estate

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— 5240 S Rainbow —

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Schools

Schools serving 5240 S Rainbow

School Districts:Buckeye Elementary District, Buckeye Union High School District

Name	Grades	Distance
Marionneaux Elementary School 21455 West Roeser Road, Buckeye, AZ 85326	PK-8	0.7 mi
Buckeye Union High School 902 East Eason Avenue, Buckeye, AZ 85326	9-12	3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5240 S Rainbow

Date

Details

Price

Change

Source

9/15/2025

Sold

$172,000

4.24%

MLS

8/22/2025

Price Increased

$165,000

10%

MLS

7/16/2025

Listed

$150,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5240 S Rainbow, Buckeye, AZ 85326 (MLS# 6893237) is a Lots/Land property that was sold at $172,000 on September 15, 2025. Want to learn more about 5240 S Rainbow? Do you have questions about finding other Lots/Land real estate for sale in Buckeye? You can browse all Buckeye real estate or contact a Coldwell Banker agent to request more information.

5240 S Rainbow Buckeye, AZ 85326