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$774,000 Just Listed
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Property Description
Tucked into one of Murray's most beloved neighborhoods, where neighbors gather for frequent parties and lifelong friendships are built, this enchanting bungalow cottage on Rainbow Drive offers something increasingly rare - a home that feels like a private escape from the outside world. Set on an extraordinary .44-acre lot, the grounds are nothing short of magical. Towering mature trees, including a large apple and pear tree, lush landscaping, blooming irises, roses, and seasonal florals create layers of color and beauty throughout the seasons. Massive floor-to-ceiling windows frame the backyard like living artwork, filling the home with natural light and peaceful garden views. Warm, bright, and thoughtfully designed, the home offers an inviting layout ideal for both entertaining and quiet everyday living. The primary suite is privately positioned on its own side of the home, separated from the additional bedrooms to create a peaceful retreat within the house itself. But it's the backyard that truly transforms the property into something unforgettable. Just off the home, a spacious deck overlooks the stunning grounds below, while a second sitting area centered around a wood-burning fireplace creates the perfect atmosphere for cozy evenings under the stars. Further into the yard, a tucked away platform offers an ideal setting for yoga, meditation, morning coffee, or simply unwinding beneath the trees. And then comes the surprise few expect. An ivy-covered fence appears to mark the end of the yard... until it quietly opens into a hidden secret garden beyond. Around the corner awaits an expansive additional garden space complete with a storage shed, children's swing set, and endless room for vegetables, flowers, herbs, and fruit. Whether you dream of creating a thriving garden-to-table lifestyle, expanding outdoor entertaining spaces, or simply enjoying your own private park-like setting, the possibilities here feel endless. The additional land also opens the door for future opportunities, including the potential for an ADU, guest house, studio, multigenerational living, or supplemental income potential. It's the kind of property that instantly transports you - feeling more like a secluded countryside retreat than a home in the middle of the city. And while the property feels worlds away, the location keeps you incredibly connected. Conveniently located just minutes from shopping, restaurants, grocery stores, freeway access, and everyday amenities, you're also only approximately 15 minutes from Downtown Salt Lake City and Salt Lake International Airport, allowing for both peaceful retreat living and effortless access to the city. Rarely does a property offer this level of privacy, charm, warmth, and wonder all in one setting.
Full Property Details
Full Property Details for 4697 S Rainbow Dr
General
- Price: $774,000
- Taxes: $2,937
- Status: Active
- Type: Single Family
- Source: WFR
- MLS ID: 2158465
- Updated: 5/15/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Bath: Primary, Bath: Sep. Tub/Shower, Disposal, Gas Log, Kitchen: Updated, Range: Gas, Range/Oven: Free Stdng., Granite Countertops
- Fireplace: Yes
- Number of Fireplaces: 2
- Appliances: Ceiling Fan, Microwave
- Flooring: Carpet, Hardwood, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Floor: 1st
Other Rooms
- Laundry: Electric Dryer Hookup
Additional Information
- Equipment: Storage Shed(s)
Exterior
- Exterior Features: Deck; Covered, Double Pane Windows, Lighting, Sliding Glass Doors, Patio: Open
- Porch/Patio/Deck: Patio: Open
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Covered, Rv Parking
Location
- Area: Murray; Taylorsvl; Midvale
- County: Salt Lake
- Subdivision: MURRAY HILL GARDENS
- Cross Streets: 230
- Direction Faces: West
School Information
- Elem School District: Murray
- Midd School District: Murray
- High School District: Murray
- Elementary School: Parkside
- Middle School: Hillcrest
- High School: Murray
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, >= 95% efficiency
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Architectural Style: Bungalow/Cottage
- Construction: Clapboard/Masonite, Frame
- Exterior Const.: Clapboard/Masonite, Frame
- Basement Desc.: Partial
- Roof: Asphalt, Membrane
- Windows: Blinds, Plantation Shutters
- Disability Access: Grip-Accessible Features
- Stories/Levels: 2
- Square Feet: 2,912
- Living Area: 2,912 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 1940
- Property Condition: Blt./Standing
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,166.4
- Lot Size: .44
- Landscape: Fruit Trees, Landscaping: Full, Mature Trees, Pines, Terraced Yard, Vegetable Garden
- Topography: Curb & Gutter, Fenced: Full, Road: Paved, Secluded Yard, Sidewalks, Sprinkler: Auto-Full, Terrain: Grad Slope, View: Mountain, Drip Irrigation: Auto-Part, Private
- Lot Features: Curb & Gutter, Fenced: Full, Road: Paved, Secluded, Sidewalks, Sprinkler: Auto-Full, Terrain: Grad Slope, View: Mountain, Drip Irrigation: Auto-Part, Private
- Trees/Vegetation: Fruit Trees, Landscaping: Full, Mature Trees, Pines, Terraced Yard, Vegetable Garden
- Zoning: 1108
Financial Considerations
- Tax Amount: $2,937
- Terms: Cash, Conventional
Disclosures and Reports
- Exclusions: Dryer, Washer
- Inclusions: Ceiling Fan, Microwave, Range, Storage Shed(s)
- Property ID: 22-06-377-013
Listed by Engel & Volkers Salt Lake
Get Pre-Approved Today
Schools
Schools serving 4697 S Rainbow Dr
School District:Murray School District
| Name | Grades | Distance |
|---|---|---|
Parkside School, Murray, UT 495 E 5175 S, Murray, UT 84107 | K-6 | 0.9 mi |
Hillcrest Jr High School 178 East 5300 South, Murray, UT 84107 | 7-9 | 1 mi |
Murray High School 5440 South State Street, Murray, UT 84107 | 10-12 | 1.1 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 4697 S Rainbow Dr
Date
Details
Price
Change
Source
5/15/2026
Listed
$774,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4697 S Rainbow Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,046
—
$717,500
93%
2024
$3,046
4%
$371,525
8%
2023
$2,938
20%
$343,255
26%
2022
$2,457
15%
$272,910
-28%
2021
$2,129
1%
$379,200
7%
2020
$2,103
-1%
$354,400
87%
2019
$2,116
17%
$189,475
-41%
2017
$1,811
—
$318,700
5%
2017
$1,811
—
$303,400
4%
2016
$1,806
3%
$292,100
13%
2015
$1,756
5%
$257,900
6%
2014
$1,669
-3%
$243,200
—
2013
$1,712
—
$242,000
—
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 4697 S Rainbow Dr
4697 S Rainbow Dr, Salt Lake City, UT 84107 (MLS# 2158465) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4697 S Rainbow Dr is currently listed for $774,000 and was received on May 15, 2026. Want to learn more about 4697 S Rainbow Dr? Do you have questions about finding other Single Family real estate for sale in Salt Lake City? You can browse all Salt Lake City real estate or contact a Coldwell Banker agent to request more information.

