3 months on rocket

5505 Rainbow Dr, Helena, MT, 59602

$1,399,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,071 SqFt
$676/SqFt
House

Location

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5505 Rainbow Dr, Helena$1,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage4 spaces
Year Built1985
HeatingBaseboard, Electric, Propane, Other
BasementYes
WaterfrontDock Access, Lake Front, Waterfront
ViewLake, Mountain(s)
MLS #30028198
Lot Size0.81 Acres
StatusActive

About 5505 Rainbow Dr

Welcome to your dream lakefront retreat! Sitting on 0.81 acres and offering over 200 feet of exceptional lake frontage, enjoy breathtaking views and unparalleled access to serene waters. With a reinforced shoreline and unobstructed views of Hauser Lake, this property is unlike most lakefront settings. Experience ultimate lake life with your own private dock and boat lift, making swimming, fishing, or boating right from your backyard a breeze! A quick 15 minute drive to Helena, this property provides the perfect mix of relaxation, tranquility and endless opportunities for outdoor adventure. Recently remodeled, this ranch-style home offers 3 bedrooms, 2 bathrooms, multiple living spaces, and an abundance of natural light. Each bedroom offers comfort and tranquility, with the primary suite providing a private oasis complete with an en-suite bathroom and private access to the deck. Grab a cup of coffee and head out to the expansive Trex deck, where you can soak in the incredible Montana sunrises over Hauser Lake. The lush, sprawling lawn provides endless opportunities for outdoor activities while the fire pit overlooking the lake offers the perfect setting for gathering with friends and loved ones. With two attached two-car garages, as well as two sheds, both equipped with power, you will find ample storage space for all of your hobbies and lake toys. Not only is this property the perfect home or getaway, it also presents an excellent income opportunity. Currently utilized as an Airbnb, the possibilities for this property are endless! Don’t miss out on the chance to own this exceptional lakefront home, where every day feels like a vacation! Call Jenny Casey at 406.461.7638 or your real estate professional to schedule your private showing!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1985
  • Living Area: 2,071 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices - Helena
  • Office Phone: (406) 437-9493
  • Listing Agent: Jenny Casey, Deb Whitcomb

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Water Softener, Water Purifier
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Dock Access, Lake Front, Waterfront
  • View: Lake, Mountain(s)
  • Exterior: Awning(s), Dock, Fire Pit, Storage, Propane Tank - Leased

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped, Views, Level
  • Lot Size: 0.81 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Propane, Other

School Info

Assigned Schools Information:

  • Capital High School, Public District Grades 9-12
  • C R Anderson Middle School, Public District Grades 6-8
  • Jim Darcy School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Lincoln Rd E to Lake Helena Drive, then left on Rainbow.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,000
  • Price Per SqFt: $676/SqFt

Tax Information:

  • Annual Amount: $6,720
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Helena, MT.

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Helena, MT

City

Med. Sold Price

$448.6K

Med. Price/SqFt

$248

Avg. Days On Market

70

# of Sold Homes

48

5505 Rainbow Dr vs Helena

113 DAYS ON ROCKET

+43 Days

$1,399,000

+$950.3K More

$676/SqFt

+$428 More

KEY TAKEAWAY

This property is $950.3K more than the Median Sold Price and $428/SqFt more than other homes in Helena, MT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MTR
  • MLS Number: #30028198

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices - Helena
  • Office Phone: (406) 437-9493
  • Listing Agent: Jenny Casey, Deb Whitcomb

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 11:20:52 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
2021$6,720$723,100
2020$5,370$504,500
2019$4,776$504,500
2018$5,517$510,138
2017$4,253$510,138

History based on county public records data.

Payment Calculator

$7,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,261

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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.

Elementary School

school-card-donut-898734
6
/10

  • Jim Darcy School

  • 990 Lincoln Rd W

  • 5.73 miles

  • Public District Grades PK-5

Middle School

school-card-donut-898735
6
/10

  • C R Anderson Middle School

  • 1200 Knight St

  • 10.16 miles

  • Public District Grades 6-8

High School

school-card-donut-898736
5
/10

  • Capital High School

  • 100 Valley Dr

  • 9.29 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,298. Typical income of Helena, MT residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Helena, MT

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Helena, MT.

Helena's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from Victorian-era classics to contemporary designs, reflecting the city's rich history and modern growth. The market is balanced with a mix of older homes dating back to the late 19th century, alongside newer constructions that cater to modern tastes. While the majority of residents are homeowners, there is also a substantial portion of the population that prefers renting, providing a healthy balance for various lifestyle preferences.

What is it like to live in Helena, MT?

Helena is celebrated for its blend of small-town charm and vibrant cultural scene. The community prides itself on its historical significance as Montana's capital city and the rich mining history that shaped its early days. Residents and visitors alike enjoy the array of outdoor activities available, from hiking and biking on the extensive trail systems to fishing in the nearby Missouri River. The city's character is further enhanced by its local festivals, art galleries, and the presence of the iconic Cathedral of Saint Helena.

Is it easy to get around Helena, MT without a car?

The community is served by a robust educational system, including a number of public and private schools that cater to a range of educational needs. Helena also boasts comprehensive healthcare services with facilities that offer urgent care, primary care, and specialized medical treatments. The city's public library system provides residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, with an emphasis on local businesses that reflect the unique flavor of the region. City initiatives are in place to continually improve these services, adapting to the evolving needs of the community.

Transportation in Helena, MT.

Helena's transportation infrastructure supports both private and public transit options, with a focus on convenience for its residents. The city's public transportation system operates on a set schedule, providing reliable service to key areas within the community. Helena is also accommodating to pedestrians and cyclists, with a number of trails and designated bike lanes that encourage eco-friendly travel. The road network includes well-maintained highways that connect Helena to other major cities in Montana, facilitating easy travel for commuters and visitors. Recent efforts have been made to enhance the efficiency and accessibility of the city's transportation systems.

Frequently Asked Questions About 5505 Rainbow Dr

What is the listing price of this property?

The listing price of 5505 Rainbow Dr property is $1,399,000.

What type of property is this?

The property 5505 Rainbow Dr is a house located in Helena, Montana, 59602.

Is this property for sale now?

Active Listing: 5505 Rainbow Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5505 Rainbow Dr are:
Jim Darcy School: GreatSchools Rating 6/10
C R Anderson Middle School: GreatSchools Rating 6/10
Capital High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,720 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5505 Rainbow Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5505 Rainbow Dr is 2,071 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5505 Rainbow Dr is 1985.

Rocket Homes›Montana›Lewis and Clark County›Helena›59602›5505 Rainbow Dr

This home is located at 5505 Rainbow Dr in Helena, MT and zip code 59602. This 2,071 square foot home, which was built in 1985, sits on a 0.81 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $1,399,000.

In September 2024 more than 14 listings in Helena, MT were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 24 were sold below. The number of listings in Helena, MT decreased by 9.6% between August 2024 and September 2024. In September 2024 median list price was $448,633 and the average listing age was 70 days.

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

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