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700 S Rainbow Street
Wasilla, AK 99623
1 day ago
NEW
$249,000
Active
3
Beds
1
Baths
1,541
Sqft
0.64
Acres
1984
Yr. Built
MLS# 26-12325
Cumulative Days on Market: Less than 1 · Includes prior listings · Currently listed since 09/24/26 · Data provided by the MLS.

Property Description

Recently renovated house for sale! Located by the Meadow Lakes USPS, and close to the Valley Mover and new Circle K. With a 3 Bears a half mile down the road. This house was originally built in 1984, and was recently completely renovated. The house is a real house on a real foundation, not manufactured! The house has a very big and spacious living room, kitchen and dining room, it's a ranch styledhouse for easy accessibility and living. The house 3 bedroom 1 bath and 1541 square footage. The house includes a well, a gas furnace, water heater and pump leach field septic tank, which means it's maintenance free with little to no pumping septic tank maintenance required, and a brand new septic pump. The furnace and the water heater were recently replaced in the renovation. And a new well was drilled 9 years ago! Forced air heating keeps this house warm in the winter with brand new insulation, including new insulation in the attic. It's very easy to keep the house warm so the monthly utility bill is quite cheap. It has a crawl space and an attic, for easy access under the house, or above for easy storage / maintenance. The house is move in ready and good to go, featuring all new cabinets just put in last December. Comes with a fridge, gas stove top / oven, new vented hood, dishwasher, and a brand new Samsung Smart stackable laundry machine set bought earlier this Summer.In the renovation in 2014-2016 brand new.bamboo flooring was istalled throughout the house giving a unique and warm feel. The sheet rock / insulation was completely replaced and the lighting and of the wiring was completely redone, including a new circuit breaker panel / circuit breakers.The road was recently paved as well providing easy and smooth transportation. The house sits on a .64 acres lot, located in between two beautiful ponds. It has a decent sized deck in the back yard. It also has shed for extra storage with a bonus parking spot available to the left of it. The driveway is spacious and composed of gravel and the yard is very big, there are no neighbors to the right as it's a corner house. The yard in the back extends well past the treeline towards the pond. It comes completely furnished with everything from the Airbnb, which has had nothing but 5 star reviews so far! It's only a 10-15 minute drive from downtown Wasilla so it's a short and easy commute.

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Property Highlights

Property Type
Residential
Property Sub Type
Single Family Residence
Architectural Style
Ranch
Bedrooms
3
Total Bathrooms
1
Living Area
1,541 Sqft
Price / Sqft
$162
Acres
0.64
Year Built
1984

Location

Area
1D - Matanuska Susitna Borough
City/Township
Wasilla
Waterfront
Yes
View
Unobstructed
Zoning
UNK
Zoning Description
Unknown (re: all MSB)

Lake/Waterfront Information

Waterfront Features
Pond, Pond Access

Property Details

Price
$249,000
Property Type
Residential
Property Sub Type
Single Family Residence

Building

Structure Type
Single Family Res
Total Area
1,541

Community

Local Schools

Elementary School
Meadow Lakes
Middle School
Houston
High School
Houston

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
1
Full Bathrooms
1
Bedrooms
3

Area and Spaces

Living Area
1,541 Sqft

Interior Features

Interior Features
BR/BA on Main Level, Soaking Tub, Solid Surface Counter, Storage
Flooring
Bamboo
Laundry Features
Washer &/Or Dryer Hookup
Accessibility Features
Handicap Accessible

Heating and Cooling

Heating Features
Forced Air, Natural Gas

Building Details

Construction

Architectural Style
Ranch
Year Built
1984
Foundations
Block, Post on Pad, Slab
Common Walls
No Common Walls

Materials

Construction Materials
Frame, Wood Frame - 2x4, Wood Frame - 2x6, Wood Siding
Roof
Asphalt, Composition, Shingle

Heating, Cooling & Utilities

Utilities

Utilities
Electric
Sewer
Septic Tank
Water Source
Well

Lot

Acres
0.64
Lot Size
27,878.40
Lot Size Area Sq Ft
27,878.40
Lot Features
Views
Topography
Sloping
Road Surface
Dirt, Gravel

Exterior Features

Exterior Features
Private Yard
Patio And Porch Features
Deck/Patio

Parking

Parking Features
No Garage, No Carport
Listed by Sun Properties, LLC
Listing Data last updated 09/24/2026 02:00 pm
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Property History

Today
Property information last updated
Today
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: Less than 1 days (includes prior listings) · Currently listed since September 24, 2026. Data provided by the MLS.

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