USANCKannapolisPrivate Acres4646 Rainbow Dr
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New
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$311,000

For Sale

5 hours ago

4646 Rainbow Dr, Kannapolis, NC

House

MLS® 4394032

3 Bed

2 Bath

1782 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1782 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 0.88 Acres
Approx. Age 1962
Avg. Price Per Sqft $174
MLS® Number 4394032

Property Address: 4646 Rainbow Dr, Kannapolis, NC, 28081-8857

Average square foot calculated using Size range provided by listing agent.

Description

Nestled on a picturesque 0.88-acre lot shaded by majestic mature oak trees, this charming and well-maintained 3-bedroom, 2-bath mid-century ranch has HUGE potential with a 1800+ sq ft unfinished basement. The property boasts exceptionally fertile soil and abundant year-round sunshine, creating an ideal setting for gardening enthusiasts. The previous owner cultivated a highly productive garden, and the expansive sunny acreage provides ample opportunity to continue that tradition while enjoying seasonal harvests from the established trees (pecan and fig). A standout feature of the home is the enormous unfinished basement, offering incredible potential for customization and expansion. Already equipped with a functional double sink and a plumbed full bathroom, the basement mirrors the home's main-level footprint and is well-suited for conversion into a private guest suite, workshop, or income-producing rental. With its own private exterior entrance and natural light streaming through multiple above-grade windows along the west side of the home, this versatile space is ideal for multi-generational living, hobbyists, or future investment opportunities. In addition to the main living room, this home features a second living area (not pictured) adjacent to the kitchen (currently labeled as the "dining room" in the measurements). The space used for formal dining is located between the living room and kitchen, just above the basement entrance. New roof and gutters 2024, new gas water heater 2026. Septic is permitted for 3 bathrooms if buyer(s) were to finish out basement.
MLS® Number4394032
Laundry LevelLower
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1962
BasementDaylight, Exterior Entry, Walk-Out Access
DrivewayDriveway, Attached Garage, Garage Faces Rear, Keypad Entry
Garage Spaces
HeatBaseboard, Hot Water, Natural Gas, Radiant
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 18, 2026List Date
$311,000List Price

Home Appraisal

This property is estimated to sell between: $218,000 and $358,000.
Similar properties in this area sold on average for: $218,000
Expected to sell in 57 days. Similar properties sold in 57 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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4646 Rainbow Dr, Kannapolis, NC

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