new - 2 days on rocket

2 Rainbow Ln, Palm Coast, FL, 32164

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
2 Baths
2,377 SqFt
$231/SqFt
Multi

Location

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2 Rainbow Ln, Palm Coast$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral, Electric, Heat Pump
CoolingCentral Air
MLS #FC306059
Lot Size0.29 Acres
StatusActive

About 2 Rainbow Ln

Built by Blue Crown Construction! What makes this property especially attractive is that it is located on a corner lot, with entrances to each unit on different sides. Many upgrades throughout: 12 ft. Trey ceilings, luxury vinyl waterproof floorings with extra high baseboards, tile, upgraded Kitchen with SS appliances including refrigerators, 42-inch Cabinets, Granite counter tops, kitchen island, sliding doors with blinds in between to reduce dust, Ceiling fans, LED light fixtures, as well as painted flooring in the garage (each unit got 1 car Garage with Remote Opener, access to attic. Each unit has 1185 Sq. Ft..). Master suite has trey celling, walk in closet and in suite bathroom, instant (tankless) water heater, kitchen exhaust fan and more. Excellent investment opportunity,1031 Exchange or you can live on one side and rent the other. Also great for larger families.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 2,377 SqFt

Listing Office:

  • Office Name: APEX REALTY LLC
  • Listing Agent: ELENA TCHOUMAKOVA

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Interior: Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 2 Rainbow Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: BELLE TERRE PARKWAY S, RIGHT ON RYMFIRE DRIVE, RIGHT ON RAE DRIVE, RIGHT ON RAINTREE PLACE, RIGHT CORNER OF RAINTREE PLACE AND RAINBOW LANE .

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $231/SqFt

Tax Information:

  • Annual Amount: $275
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Coast, FL.

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Palm Coast, FL

City

Med. Sold Price

$357.9K

Med. Price/SqFt

$198

Avg. Days On Market

92

# of Sold Homes

282

2 Rainbow Ln vs Palm Coast

2 DAYS ON ROCKET

-90 Days

$550,000

+$192K More

$231/SqFt

+$33 More

KEY TAKEAWAY

This property is $192K more than the Median Sold Price and $33/SqFt more than other homes in Palm Coast, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #FC306059

Listing Office:

  • Office Name: APEX REALTY LLC
  • Listing Agent: ELENA TCHOUMAKOVA

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/4/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$275$17,000
2019$243$11,381
2018$223$10,346
2017$192$9,450

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-448815
7
/10

  • Wadsworth Elementary School

  • 4550 Belle Terre Pkwy

  • 1.40 miles

  • Public District Grades PK-5

school-card-donut-448816
5
/10

  • Rymfire Elementary School

  • 1425 Rymfire Dr

  • 1.92 miles

  • Public District Grades PK-5

school-card-donut-448817
4
/10

  • Bunnell Elementary School

  • 305 N Palmetto St

  • 3.25 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,690. The most common annual income of people living in Palm Coast, FL is between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Flagler County›Palm Coast›32164›2 Rainbow Ln

This home is located at 2 Rainbow Ln in Palm Coast, FL and zip code 32164 in the Lehigh Woods neighborhood. This 2,377 square foot home, which was built in 2024, sits on a 0.29 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $550,000.

Over 22 listings were sold over their listed price in December 2024 in Palm Coast, FL. In the same period over 202 listings were sold below the listed price and 58 listings were sold for the listed price. The number of homes for sale in Palm Coast, FL increased by 1.3% between November 2024 and December 2024. While the average time on the market in December 2024 was 92 days, the median list price was $357,983.

From Rocket Homes Real Estate and based on county public records data.

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