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$549,950
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Property Description
Rare 5-Acre Opportunity | Residential, Commercial, or Homestead Potential This exceptional 5-acre parcel offers incredible versatility-ideal for commercial development, residential use, or a private homestead retreat. Located in a highly desirable area of Boiling Springs, this property combines prime location, acreage, and flexibility rarely found together. The property includes a 2,744 sq. ft. home featuring 4 bedrooms and 3 bathrooms, sold AS-IS and currently occupied. The spacious layout provides ample room for gatherings, entertaining, and everyday living-or serves as a foundation for renovation or future development. Envision transforming this home into a stunning farmhouse-style residence perfect for homesteading and country living. Convenience truly sets this property apart. Enjoy peaceful, rural surroundings while being just 5 minutes from the new Target, Publix, and Walmart in Boiling Springs. The property is also located in the highly sought-after District 2 school zone, offering a strong sense of community and excellent educational opportunities. With road frontage on both Rainbow Lake Road and Riveroak Road, the property offers exceptional access and development flexibility. Whether you're a developer, investor, business owner, or homeowner seeking space and opportunity, this unique property delivers the location, acreage, and potential to bring your vision to life.
Full Property Details
Full Property Details for 1741 Rainbow Lake Rd
General
- Price: $549,950
- Taxes: $900
- Status: Active
- Type: Single Family
- Source: 2257
- MLS ID: 1578206
- Updated: 1/5/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Fireplace: Yes
- Fireplace(s): Masonry
- Appliances: Free-Standing Electric Range, Electric Water Heater
- Flooring: Carpet, Pine
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 2
- Primary Bedroom: Primary on Main Lvl, 15 x 12, 180 Sq. Ft.
- Bedroom 2: 12 x 16, Main, 192 Sq. Ft.
- Bedroom 3: 17 x 25, Second, 425 Sq. Ft.
- Bedroom 4: 17 x 25, Second, 425 Sq. Ft.
Other Rooms
- Kitchen: 11 x 17, 187 Sq. Ft.
- Dining Room: 11 x 14, 154 Sq. Ft.
- Office: 196 Sq. Ft.
- Laundry: 1st Floor
Exterior
- Porch/Patio/Deck: Patio, Enclosed, Front Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Parking Features: Detached Carport, Gravel, Asphalt, Workshop in Garage, Yard Door, Carport, RV Access/Parking, Boat
Location
- Area: 33
- County: Spartanburg
- Subdivision: None
School Information
- Elementary School: Oakland
- Middle School: Rainbow Lake
- High School: Boiling Springs
Community
- Assoc. Fees Include: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s), Multi Units
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable Available
Structural Information
- Architectural Style: Cape Cod
- Exterior Const.: Asbestos, Vinyl Siding
- Basement: Yes
- Basement Desc.: None
- Roof: Composition
- Stories/Levels: 2
- Year Built: 1948
- Property Condition: 50
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 217,800
- Topography: Level
- Lot Features: 2 - 5 Acres, Sloped, Few Trees
Financial Considerations
- Price Per Sq. Ft.: $200.42
- Tax Amount: $900
Disclosures and Reports
- Documents Avail.: Lead Based Paint Doc., Seller Disclosure
- Property ID: 22300007
Listed by NextHome Experience Realty
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Schools
Schools serving 1741 Rainbow Lake Rd
School District:Spartanburg School District 2
| Name | Grades | Distance |
|---|---|---|
Oakland Elementary School, Inman, SC 151 Mud Creek Road, Inman, SC 29349 | PK-5 | 2.4 mi |
Boiling Springs Middle School 4801 South Carolina 9, Inman, SC 29349 | 6-8 | 2.7 mi |
Boiling Springs High School 2251 Old Furnace Road, Boiling Springs, SC 29316 | 9-12 | 3.5 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 1741 Rainbow Lake Rd
Date
Details
Price
Change
Source
1/05/2026
Listed
$549,950
1209.4%
MLS
4/14/2014
Sold
$42,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1741 Rainbow Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$860
6%
$7,088
—
2024
$810
—
$7,088
—
2023
$810
18%
$7,088
15%
2022
$688
—
$6,164
—
2021
$688
2%
$6,164
-96%
2019
$673
3%
$154,100
—
2018
$656
13%
$154,100
10%
2017
$579
—
$140,000
—
2016
$579
107%
$140,000
—
2014
$280
—
$140,000
57%
2014
$280
-90%
$89,224
2024%
2013
$2,839
—
$4,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1741 Rainbow Lake Rd
1741 Rainbow Lake Road, Chesnee, SC 29323 (MLS# 1578206) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1741 Rainbow Lake Road is currently listed for $549,950 and was received on January 05, 2026. Want to learn more about 1741 Rainbow Lake Road? Do you have questions about finding other Single Family real estate for sale in Chesnee? You can browse all Chesnee real estate or contact a Coldwell Banker agent to request more information.
