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$549,999 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 989 Sq. Ft.
  • Updated 3 days ago
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Nestled along the Tualatin River, this 5+ acre property includes two tax lots (second one on the other side of Rainbow Ln.) and offers a rare mix of functionality and tons of potential. Currently operating as a nursery, it features a level lot with a full irrigation system and an agreement for water usage directly from the Tualatin river. A large outbuilding provides ample storage for tools, equipment, or recreational toys. The single-level home offers a starting point to build a your dream home! Whether you're looking for land to grow or start your own business, level acreage to build a custom home, or an amazing investment opportunity, this property delivers versatility in a prime setting. Looking to invest? Ask about profiting from a lease back to the existing owner. Schedule a visit today!

Full Property Details for 25480 SW Rainbow Ln

General

  • Price: $549,999
  • Taxes: $2,390 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 100581130
  • Updated: 1/14/2026
  • Added to Site: 136 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: Main
  • Bedroom 2: Main

Other Rooms

  • Living Room: Main
  • Kitchen: Main

Exterior

  • Exterior Features: Barn(s), RV Parking, RV/Boat Storage, Tool Shed, Workshop

Parking

  • Garage: Yes
  • Total Spaces: 2
  • Parking Features: Off Street, RV Access/Parking

Location

  • County: Washington
  • Driving Directions: Scholls Ferry to Rainbow Ln.

School Information

  • Elementary School: Groner
  • Middle School: South Meadows
  • High School: Hillsboro

Community

  • Community Name: 152 - Hillsboro, Forest Grove

Heating & Cooling

  • Heating Type: None
  • Heating Fuel: None

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes

Structural Information

  • Property Detached: Yes
  • Architectural Style: 1 Story
  • Basement Desc.: None
  • Roof: Shingle
  • Windows: Aluminum Frames
  • Stories/Levels: 1
  • Square Feet: 989
  • Year Built: 1953
  • Property Condition: Fixer

Lot Features

  • Lot Size (Acres): 5.47
  • Lot Size (Sq. Ft.): 238,273
  • Lot Size: 5 to 6.99 Acres
  • Frontage: Paved
  • Lot Features: Flood Zone, Level

Water Features

  • Water Front: Yes
  • Water Front Name: Tualatin River
  • Water Front Desc.: River Front

Financial Considerations

  • Tax Amount: $2,390.96
  • Tax Year: 2025
  • Terms: Cash, Conventional, Lease Back

Disclosures and Reports

  • Legal Description: RAINBOW ENDS, LOT 15, ACRES 5.05, POTENTIAL ADD'L TAX LIABILITY ;
  • Disclosures/Reports: Disclosure
  • Property ID: R564482

Listed by Keller Williams PDX Central (503) 548-4848, Alexander Johnson (503) 333-9626

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Listing agent

— 25480 SW Rainbow Ln —

  • Alexander Johnson

    Keller Williams PDX Central

    503-548-4848

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 25480 SW Rainbow Ln

School District:Hillsboro School District 1j
NameGradesDistance
Groner Elementary School
23405 Southwest Scholls Ferry Road, Hillsboro, OR 97123
PK-80.9 mi
South Meadows Middle School
4960 Southeast Davis Road, Hillsboro, OR 97123
7-85.3 mi
Hillsboro High School
3285 Southeast Rood Bridge Road, Hillsboro, OR 97123
9-125.5 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 25480 SW Rainbow Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$549,999
-8.33%
MLS
11/04/2025
Price Reduced
$599,999
-14.29%
MLS
9/04/2025
Listed
$699,999
—
MLS
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 25480 SW Rainbow Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,391
1%
$180,390
3%
2024
$2,359
3%
$175,140
3%
2023
$2,293
5%
$170,050
6%
2021
$2,194
-2%
$160,290
-3%
2022
$2,234
2%
$165,090
6%
2021
$2,194
6%
$155,630
3%
2019
$2,069
3%
$151,110
3%
2018
$2,003
4%
$146,710
3%
2017
$1,935
6%
$142,430
3%
2016
$1,831
4%
$138,290
8%
2015
$1,753
—
$128,530
-1%
2014
$1,745
2%
$130,360
3%
2013
$1,710
—
$126,570
—
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 25480 SW Rainbow Ln

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Listed by Keller Williams PDX Central (503) 548-4848, Alexander Johnson (503) 333-9626

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25480 SW Rainbow Ln, Hillsboro, OR 97123 (MLS# 100581130) is a Single Family property with 2 bedrooms and 1 full bathroom. 25480 SW Rainbow Ln is currently listed for $549,999 and was received on September 04, 2025. Want to learn more about 25480 SW Rainbow Ln? Do you have questions about finding other Single Family real estate for sale in Hillsboro? You can browse all Hillsboro real estate or contact a Coldwell Banker agent to request more information.

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