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$185,000
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Property Description
Endless Possibilities on 5.5 Acres - A Rare Find!Welcome to your own slice of paradise! Nestled on 5.5 sprawling acres, this unique property offers endless potential and is perfect for hobbyists, homesteaders, or anyone seeking space and versatility.At the heart of the property is a 2020 mobile home in excellent condition, featuring 2 bedrooms and 2 full bathrooms. The interior is clean and modern, with appliances that are like new--having been rarely used. Outside, the opportunities are truly limitless. Multiple outbuildings provide flexible storage and workspace options, while a large workshop includes a secured area for tools and equipment, along with ample covered workspace to suit any project or passion. A greenhouse adds to the property's charm and functionality, perfect for year-round gardening (needs some TLC). Whether you're looking to create a self-sustaining lifestyle, start a small business, or simply enjoy peaceful rural living, this property has it all.Don't miss your chance to make this versatile property yours! Work Shop is approximately 40x40. The Studio is approximately 25x25. You also may have to opportunity to split the parcel if you don't want to keep all 5 acres.
Full Property Details
Full Property Details for 246 Rainbow Dr
General
- Sold For: $185,000
- Taxes: $332 (2024)
- Status: Closed
- Type: Mobile Home
- Source: Emerald_Coast
- MLS ID: 973252
- Added to Site: 322 day(s) ago
Interior
- Rooms/Areas: Bedroom, Kitchen, Laundry, Living Room, Master Bedroom
- Interior Features: Breakfast Bar, Floor Vinyl, Walls Paneled
- Appliances: Dishwasher, Dryer, Refrigerator, Stove/Oven Electric, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Exterior
- Exterior Features: Greenhouse, Lawn Pump, Porch, Porch Open, Workshop, Yard Building
Parking
- Carports: Yes
- Parking: Carport, Carport Detached, Covered, Other, Oversized, RV
Location
- Area: 23 - North Walton County
- County: Walton
- Subdivision: Meets & Bounds
- Driving Directions: From intersection of Hwy 285 & 90 turn west ...2.4 miles turn right on Rainbow drive...home will be on your right in quarter mile.
School Information
- Elementary School: Maude Saunders
- Middle School: Walton
- High School: Walton
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Private Well, Public Water, Septic Tank, Tap Fee Paid
Structural Information
- Architectural Style: Mobile Home
- Stories/Levels: 1
- Square Feet: 840
- Sq. Ft. Source: County PA Records
- Year Built: 2020
Lot Features
- Lot Size (Acres): 5.51
- Lot Dimensions: 405 x 592
- Street/Road Desc.: County Road, Dirt/Clay Road
- Lot Features: Cleared, Interior, Level, Wooded
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $332
- Tax Year: 2024
- Terms: Conventional, FHA, Other, VA
Disclosures and Reports
- Legal Description: LOT 7 & 8 COM AT NW/COR SEC 19 S 00 DEG 00'00''W 658.04 FT, N 84 DEG 32'53''E 2600.05 FT, S 00 DEG 18'39''E 933.29 FT, S 89 DEG 41'21''W 588.60 FT TO POB, BEING ALG CTRLINE OF 60 FT WIDE ROW, S 89 DEG 41'21''W 405.07 FT ALG CTRLINE, S 00DEG 18'39''E 592.05 FT, DEPART CTRLINE, N 89DEG 41'21''E 405.07 FT, N00'DEG18''39''W 592.05FT TO POB LESS & EXCEPT W 30FT & N 30FT FOR INGRESS & EGRESS. BEARINGS ARE B
- APN: 19-3N-21-37000-002-0031
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Schools
Schools serving 246 Rainbow Dr
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Mossy Head School 13270 U.S. 90, DeFuniak Springs, FL 32433 | PK-5 | 3.3 mi |
Walton Middle School 605 Bruce Avenue, DeFuniak Springs, FL 32435 | 6-8 | 16.5 mi |
Walton High School 449 Walton Road, DeFuniak Springs, FL 32433 | 9-12 | 15.6 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 246 Rainbow Dr
Date
Details
Price
Change
Source
2/13/2026
Sold
$185,000
-2.63%
MLS
12/12/2025
Price Reduced
$190,000
-4.52%
MLS
11/28/2025
Price Reduced
$199,000
-7.01%
MLS
8/30/2025
Price Reduced
$214,000
-2.28%
MLS
7/25/2025
Price Increased
$219,000
4.78%
MLS
4/07/2025
Listed
$209,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
246 Rainbow Drive, Crestview, FL 32539 (MLS# 973252) is a Mobile Home property that was sold at $185,000 on February 13, 2026. This property was listed by Melinda Vazquez from our Niceville Office.Want to learn more about 246 Rainbow Drive? Do you have questions about finding other Mobile Home real estate for sale in Crestview? You can browse all Crestview real estate or contact a Coldwell Banker agent to request more information.

