3997 Rainbow Drive, Decatur, GA 30034 - Photo 1

1/1

$359,000

Sold
Closed
Single Family
3 Beds
2 Full Baths
1,723 Sq. Ft.
2 Car Garage

1/1

Property Description

It's the LAND on this one! Discover timeless charm and endless potential with this estate-owned 4-sided brick ranch, nestled on a sprawling 3.66-acre lot in the heart of Decatur. This solid, well-built home offers a rare opportunity to own a private retreat with room to expand, renovate, or redevelop. This classic Mid-century Modern ranch-style residence features 3 bedrooms and 2 bathrooms, a full daylight basement, and original hardwood floors throughout most of the main level. The spacious living room is filled with natural light, while the vintage kitchen and separate dining area provide the perfect canvas for your personal touch. Enjoy peaceful mornings on the rear patio overlooking the expansive backyard, surrounded by mature trees and open green space. The full unfinished basement offers ample storage, workshop space, or potential for additional living areas or rental income. With endless possibilities, this property is ideal for homeowners, investors, or developers looking for acreage in a rapidly growing area. Located just minutes from I-285, downtown Decatur, East Atlanta, and major retail and dining, this home offers both convenience and privacy. This property is part of an Estate sale and is sold as-is. Don't miss this unique opportunity to own acreage in Decatur with solid bones and so much potential! The seller is happy to sell any furniture currently in the home. You do not want to miss this opportunity.

Full Property Details

Full Property Details for 3997 Rainbow Dr

General

Sold For: $359,000
Taxes: $710 (2024)
Status: Closed
Type: Single Family
Source: FMLS_Atlanta
MLS ID: 7628003
Added to Site: 157 day(s) ago

Interior

Interior Features: Other
Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): None
Appliances: Electric Oven, Electric Range, Other
Flooring: Hardwood, Tile, Vinyl

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Main Floor Baths: 1
Primary Bathroom: Other

Bedrooms

Total Bedrooms: 3
Bedrooms Main: 3
Bedroom Features: Master on Main, Oversized Master Bedroom, Other

Other Rooms

Kitchen: White Cabinets, Eat-in Kitchen, Other Surface Counters, View to Family Room
Dining Room: Separate Dining Room
Laundry: Other

Additional Information

Amenities: None
Security/Safety: None
Equipment: None

Exterior

Exterior Features: Courtyard
Porch/Patio/Deck: None

Parking

Garage Spaces: 2
Parking Features: Carport, Detached, Driveway, Garage

Location

County: Dekalb
Subdivision: Decatur
Driving Directions: GPS Friendly!

School Information

Elementary School: Rainbow
Middle School: Chapel Hill - Dekalb
High School: Southwest Dekalb

Heating & Cooling

Cooling Type: Other
Heating Type: Other

Utilities

Sewer: Septic Tank
Water: Public
Utility Description: Electricity Available, Water Available, Other

Structural Information

Architectural Style: Mid-Century Modern, Ranch
Detached/Attached: Detached
Exterior Const.: Brick 4 Sides
Basement: Yes
Basement Desc.: Exterior Entry, Full
Roof: Shingle
Common Walls: No Common Walls
Windows: None
Stories/Levels: Two
Square Feet: 1,723
Sq. Ft. Source: Appraiser
Year Built: 1955
Property Condition: Resale

Additional Structures

Other Structures: Garage(s)

Lot Features

Property View: Other
Lot Size (Acres): 3.66
Lot Size Source: Public Records
Lot Dimensions: x
Frontage: City Street, Other
Street/Road Desc.: Paved
Lot Features: Back Yard, Front Yard, Level, Private, Rectangular Lot
Fencing (Description): Back Yard

Financial Considerations

Tax Amount: $710
Tax Year: 2024

Disclosures and Reports

Special Conditions: Trust
Property ID: 15 125 05 013

Listed by Mandowa and Company
Sold by Core Realty and Associates, LLC

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 14 2026 4:12PM

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— 3997 Rainbow Dr —

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Schools

Schools serving 3997 Rainbow Dr

School District:Dekalb County School District

Name	Grades	Distance
Rainbow Elementary School 2801 Kelley Chapel Road, Decatur, GA 30034	PK-5	0.2 mi
Chapel Hill Middle School, Decatur, GA 3535 Dogwood Farm Road, Decatur, GA 30034	6-8	2 mi
Southwest Dekalb High School 2863 Kelley Chapel Road, Decatur, GA 30034	9-12	0.4 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 3997 Rainbow Dr

Date

Details

Price

Change

Source

9/16/2025

Sold

$359,000

2.87%

MLS

8/13/2025

Listed

$349,000

—

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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Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc. Last Updated Jan 14 2026 4:12PM

3997 Rainbow Drive, Decatur, GA 30034 (MLS# 7628003) is a Single Family property that was sold at $359,000 on September 16, 2025. Want to learn more about 3997 Rainbow Drive? Do you have questions about finding other Single Family real estate for sale in Decatur? You can browse all Decatur real estate or contact a Coldwell Banker agent to request more information.

3997 Rainbow Dr Decatur, GA 30034