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$330,000 Just Listed
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Property Description
Bring your HORSES, cool off in your own PRIVATE, IN-GROUND POOL, and enjoy the peaceful country lifestyle you've been dreaming of! Situated on approximately 4.34 ACRES near Chumuckla, this charming brick home with a NEW ROOF offers a BARN with stalls and FENCED AND CROSS-FENCED acreage with excellent potential for horses, livestock, gardening, or a hobby farm, all surrounded by beautiful farmland and mature oak trees. The property features a 3-bedroom, 1-bath home, with the third bedroom tucked away off the kitchen offering flexibility as a home office, game room, guest space, hobby room, or bonus room. Inside, you'll find a bright and welcoming interior with an open living area, an updated bathroom, and a functional kitchen designed for comfortable everyday living. Step outside & discover one of the property's standout features-an inviting IN-GROUND SWIMMING POOL that creates the perfect setting for relaxing, entertaining, or spending warm Florida afternoons with family and friends. A barn, additional outbuildings, & fenced pasture areas provide flexibility for animals, equipment, hobbies, and future projects. Water/electric have already been extended to the barn & chicken coop. Properties offering usable acreage, equestrian potential, a pool, and a move-in-ready home are becoming increasingly difficult to find. Whether you're looking for room to roam, a place for your animals, or simply a peaceful retreat from the hustle and bustle, this unique property presents an exceptional opportunity. Ideally located near Adventures Unlimited, Blackwater River State Forest, Bear Lake, and endless opportunities for hiking, camping, canoeing, kayaking, fishing, and outdoor exploration, this property offers the perfect blend of recreation, privacy, and country living. When you're ready for a night out, historic downtown Milton is just a short drive away, offering local restaurants, breweries, riverfront parks, festivals, and access to the scenic Blackwater Heritage State Trail.
Full Property Details
Full Property Details for 3048 Rainbow Ln
General
- Price: $330,000
- Status: Active
- Type: Single Family
- Source: Pensacola
- MLS ID: 685038
- Updated: 6/28/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Baseboards, Ceiling Fan(s), High Speed Internet
- Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Self Cleaning Oven
- Flooring: Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 13.666666666 x 14.1666666, First Level, 193.6111 Sq. Ft.
- Bedroom 1: 18.25 x 10.75, First Level, 196.1875 Sq. Ft.
- Bedroom 2: 14.583333333 x 9.75, First Level, 142.1875 Sq. Ft.
Other Rooms
- Living Room: 22.333333333 x 13.25, First Level, 295.9167 Sq. Ft.
- Kitchen: Updated, Laminate Counters, Pantry, 17.833333333 x 10.6666666, First Level, 190.2222 Sq. Ft.
- Dining Room: Breakfast Bar, Kitchen/Dining Combo
- Laundry: Inside, W/D Hookups
Additional Information
- Pool Description: In Ground
- Security/Safety: Smoke Detector(s)
Exterior
- Deck/Patio: Patio
Parking
- Parking Features: Driveway, Converted Garage
Location
- County: Santa Rosa
- Driving Directions: Rainbow Lane is off Chumuckla Hwy north of where it intersects with Willard Norris. Take Rainbow Lane to the right. Home on the right.
School Information
- Elementary School: Chumuckla
- Middle School: CENTRAL
- High School: Central
Heating & Cooling
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Frame
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,378
- Year Built: 1981
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 4.34
- Street/Road Desc.: Paved
- Road Maintenance: County Maintained Road
- Lot Features: Pasture, Interior Lot
- Zoning: Res Single
- Fencing (Description): Cross Fenced, Fenced, Other, Privacy
Financial Considerations
- Price Per Sq. Ft.: $239.48
Disclosures and Reports
- Property ID: 193N290000002100000
Listed by REMAX Select Partners
Get Pre-Approved Today
Schools
Schools serving 3048 Rainbow Ln
School District:Santa Rosa County School District
| Name | Grades | Distance |
|---|---|---|
Chumuckla Elementary School 2312 Highway 182, Jay, FL 32565 | PK-6 | 2.7 mi |
Central School, Milton, FL 6180 Central School Road, Milton, FL 32570 | 9-12 | 7.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3048 Rainbow Ln
Date
Details
Price
Change
Source
6/26/2026
Listed
$330,000
94.12%
MLS
12/13/2017
Sold
$170,000
—
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 3048 Rainbow Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,485
7%
$222,841
7%
2023
$2,333
21%
$207,724
35%
2021
$1,921
-13%
$153,867
-23%
2022
$2,220
16%
$201,062
50%
2021
$1,921
19%
$133,996
8%
2019
$1,618
4%
$124,024
6%
2018
$1,557
28%
$116,972
31%
2017
$1,221
—
$89,317
2%
2016
$1,217
—
$87,249
3%
2015
$1,217
-2%
$84,890
-1%
2014
$1,245
13%
$85,421
17%
2013
$1,099
—
$73,048
—
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 3048 Rainbow Ln
3048 Rainbow Ln, Pace, FL 32571 (MLS# 685038) is a Single Family property with 3 bedrooms and 1 full bathroom. 3048 Rainbow Ln is currently listed for $330,000 and was received on June 26, 2026. Want to learn more about 3048 Rainbow Ln? Do you have questions about finding other Single Family real estate for sale in Pace? You can browse all Pace real estate or contact a Coldwell Banker agent to request more information.

