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$474,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,698 Sq. Ft.
  • 0.45 Acres
  • 2 Car Garage
  • Updated 4 days ago
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This impressive 4-bedroom, 2½-bath home offers 2,698 square feet of comfortable living space with a versatile floor plan designed for both everyday living and entertaining. The main level features a welcoming living room and dining room, providing plenty of space for gatherings and special occasions. The lower-level recreation room adds valuable additional living space--perfect for a family room, game area, home theater, exercise space, or whatever suits your lifestyle. Step outside to an exceptional 600-square-foot Trex composite deck, thoughtfully designed for outdoor entertaining and relaxation. Featuring lighting and attractive railing, this expansive outdoor space provides plenty of room for dining, gathering with friends, or simply enjoying the outdoors. Close to Thomas Ewing Jr High and Lancaster/Fisher Catholic High Schools. Just off St Rt 37, this home is easily accessible to the main arteries to Columbus. This home offers the space and flexibility today's buyers are looking for.

Full Property Details for 1314 Rainbow Dr NE

General

  • Price: $474,900
  • Taxes: $4,878 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Columbus_N_Greater_Ohio
  • MLS ID: 226036828
  • Updated: 10/8/2026
  • Added to Site: 4 day(s) ago

Interior

  • Fireplace: Yes
  • Fireplace(s): One, Gas Log, One, Gas Log
  • Flooring: Wood, Laminate, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Floor Baths: 2
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Attached Garage

Location

  • County: Fairfield
  • Township: Pleasant
  • Driving Directions: St Rt 37 to Rainbow Drive. Take it east. The house is on the left right before you get to Midway Blvd. Look for the pond in front. St Rt 188 to Rainbow. Take it west. The house is on the right past Sheridan and just past Midway Blvd.

School Information

  • School District: LANCASTER CSD 2305 FAI CO.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Well
  • Well: Yes

Structural Information

  • Architectural Style: Modern
  • Basement: Yes
  • Basement Desc.: Crawl Space, Partial
  • Windows: Insulated All
  • Square Feet: 2,698
  • Sq. Ft. Source: Realist
  • Living Area: 2,698 Sq. Ft.
  • Finished Total: 2,698 Sq. Ft.
  • Year Built: 1998

Lot Features

  • Lot Size (Acres): 0.45
  • Lot Size (Sq. Ft.): 19,602

Financial Considerations

  • Price Per Sq. Ft.: $176.02
  • Tax Amount: $4,878
  • Tax Year: 2025
  • Terms: Sloped, Pond on Lot, VA, FHA, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 02-70105-500

Listed by Re/Max One (614) 729-7555, Sherry Orlando (740) 974-6916

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Listing agent

— 1314 Rainbow Dr NE —

  • Sherry Orlando

    Re/Max One

    614-729-7555

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1314 Rainbow Dr NE

School District:Lancaster City School District
NameGradesDistance
Medill Elementary School
1160 Sheridan Drive, Lancaster, OH 43130
K-51.6 mi
Thomas Ewing Junior High School
2024 Sheridan Drive, Lancaster, OH 43130
6-80.3 mi
Lancaster High School
1312 Granville Pike, Lancaster, OH 43130
9-121.6 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 1314 Rainbow Dr NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/08/2026
Listed
$474,900
122.44%
MLS
1/07/1999
Sold
$213,500
—
Public Record
Get Price Alerts and Save Property
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 for 1314 Rainbow Dr NE

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,441
—
$131,750
19%
2023
$4,441
-1%
$110,470
—
2022
$4,497
33%
$110,470
25%
2021
$3,382
100%
$88,120
-20%
2022
-100%
$110,470
25%
2019
$3,382
3%
$88,120
9%
2018
$3,280
—
$80,800
—
2017
$3,284
8%
$80,800
—
2016
$3,044
1%
$80,800
4%
2015
$3,022
5%
$77,770
—
2014
$2,882
—
$77,770
—
2013
$2,868
—
$77,770
—
View All
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 for 1314 Rainbow Dr NE

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Re/Max One (614) 729-7555, Sherry Orlando (740) 974-6916

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1314 Rainbow Drive NE, Lancaster, OH 43130 (MLS# 226036828) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 1314 Rainbow Drive NE is currently listed for $474,900 and was received on October 08, 2026. Want to learn more about 1314 Rainbow Drive NE? Do you have questions about finding other Single Family real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

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