32, 40 Rainbow Drive, Ponce de Leon, FL 32455 - Photo 1

1/1

$165,000

Sold
Closed
Single Family
2 Beds
2 Full Baths
1,276 Sq. Ft.

1/1

Property Description

This could be the place for you if you want a great place to live and want an additional home on the property for a Mother-in-Law house or a great guest house. In the country with enough space to stretch your legs and enjoy quiet country evenings by a fire pit. Just down the road from Ponce de Leon Springs and about 40 minutes to the beach. This would be a perfect place to come to get away from the city and bring your friends and family to enjoy quality time together. Main house is 2 BR/2 BA and Mobile home is also 2 BR/2BA. Multiple outbuildings to include a 12 x 20 building that is finished with A/C which could be another bunk house. Main home has laundry and the laundry for the mobile is in an outbuilding built just for that purpose. You really have to see this one to appreciate .

Full Property Details

Full Property Details for 32 40 Rainbow Dr

General

Sold For: $165,000
Taxes: $150 (2025)
Status: Closed
Type: Single Family
Source: Emerald_Coast
MLS ID: 996481
Added to Site: 57 day(s) ago

Interior

Number of Rooms: 4
Interior Features: Washer/Dryer Hookup
Appliances: Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Water Heater - Tnkls
Flooring: Floor Vinyl, Floor WW Carpet

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 2

Parking

Carport Spaces: 3
Parking Features: Carport, Carport Attached, Covered

Location

Area: 23 - North Walton County
County: Walton
Subdivision: METES & BOUNDS
Driving Directions: From IH 10 and Hwy 81 go south about 3 miles to County Hwy 181C, turn left and go 2.7 miles to Rainbow Dr and turn right. House will be on right.

School Information

Elementary School: Freeport
Middle School: Freeport
High School: Freeport

Utilities

Sewer: Septic Tank
Water: Well
Well: Yes
Utility Description: Electric, Gas - Propane

Structural Information

Architectural Style: Country
Construction: Siding Wood
Exterior Const.: Siding Wood
Stories/Levels: 1
Square Feet: 1,276
Sq. Ft. Source: County PA Records
Year Built: 2015

Lot Features

Lot Size (Acres): 2.55
Lot Size (Sq. Ft.): 111,078
Lot Dimensions: irregular
Frontage: County Road
Street/Road Desc.: Paved
Lot Features: Level
Zoning: Mobile Home, Resid Single Family

Financial Considerations

Tax Amount: $150
Tax Year: 2025

Disclosures and Reports

Legal Description: FROM NE/COR OF S2 OF SW4 OF NE4, RUN W 264FT, S 200FT FOR POB, SWLY TO E R/W OF PUBLIC RD AT A PT 300FT N OF S BDRY OF 40, E TO PT LYING 264FT W OF E BDRY OF 40, N TO POB. OR 3021-1951
APN: 11-3N-17-06000-019-0050
Property ID: 11-3N-17-06000-019-0050

Listed and Sold by Merrifield & Pilcher Realty

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— 32 40 Rainbow Dr —

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Schools

Schools serving 32 40 Rainbow Dr

School District:Walton County School District

Name	Grades	Distance
Maude Saunders Elementary School 416 John Baldwin Road, DeFuniak Springs, FL 32433	K-5	13.7 mi
West Defuniak Elementary School 815 Lincoln Avenue, DeFuniak Springs, FL 32435	K-5	13.9 mi
Walton Middle School 605 Bruce Avenue, DeFuniak Springs, FL 32435	6-8	12.3 mi
Walton High School 449 Walton Road, DeFuniak Springs, FL 32433	9-12	13.3 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 32 40 Rainbow Dr

Date

Details

Price

Change

Source

7/17/2026

Sold

$165,000

-17.09%

MLS

4/24/2026

Price Reduced

$199,000

-11.56%

MLS

2/27/2026

Listed

$225,000

—

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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32, 40 Rainbow Drive, Ponce de Leon, FL 32455 (MLS# 996481) is a Single Family property that was sold at $165,000 on July 17, 2026. Want to learn more about 32, 40 Rainbow Drive? Do you have questions about finding other Single Family real estate for sale in Ponce de Leon? You can browse all Ponce de Leon real estate or contact a Coldwell Banker agent to request more information.

32 40 Rainbow Dr Ponce de Leon, FL 32455