Date
Details
Price
Change
Source
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.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/50
$225,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/50
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
- Price: $225,000
- Taxes: $150 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 996481
- Updated: 4/13/2026
- Added to Site: 51 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 by Merrifield & Pilcher Realty
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 32 40 Rainbow Dr —
Merrifield & Pilcher Realty
NMLS#: 1598647Get Pre-Approved Today
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
Tax History
Tax History for 32 40 Rainbow Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$150
—
$65,139
66%
2024
$150
—
$39,235
—
2023
$150
—
$39,235
37%
2021
$150
—
$28,735
-19%
2022
$150
—
$35,510
43%
2021
$150
—
$24,815
11%
2019
$150
—
$22,302
2%
2018
$150
—
$21,886
2%
2016
$150
—
$21,436
2%
2016
$150
—
$20,995
149%
2015
$150
100%
$8,430
1%
2014
$75
—
$8,363
2%
2013
$75
—
$8,239
—
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 32 40 Rainbow Dr
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 2,144Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,287Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,080Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Vacant Land
- Active
- Updated 3 days ago
- 22.36Acres
- Agricultural Land
- Active
- Updated 3 days ago
- 22.36Acres
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,160Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,107Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 6 days ago
- 2Beds
- 1Total Bath
- 696Sq. Ft.
- Agricultural Land
- Active
- Updated 6 days ago
- 67.01Acres
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
32, 40 Rainbow Drive, Ponce de Leon, FL 32455 (MLS# 996481) is a Single Family property with 2 bedrooms and 2 full bathrooms. 32, 40 Rainbow Drive is currently listed for $225,000 and was received on February 27, 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.