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3 Beds
1 Bath
1,541 sqft

$249,000

700 S Rainbow Street, Wasilla AK, 99623

Price per sqft$161.58
Built in1984
Property size1,541 sqft
Property typeResidential
Listed by Richard Davids with Sun Properties, LLC

Overview

Active

Listed Sep 24, 2026

Updated 2 weeks ago

Recently renovated house for sale! Located by the Meadow Lakes USPS, and close to the Valley Mover & 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 styled house 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 & 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.

$1,657/mo

Est. mortgage payment based on a $249,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-12325

Interior Features

Bedrooms
3
Bathrooms
1
Basement
No

Exterior Features

Lot Size
0.64 Acres

Other Property Details

View
Yes
Waterfront
Yes
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Listing Contact:  

The IDX display contains information sourced from the Alaska Multiple Listing Service, Inc. (AK MLS) as of 9/25/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Alaska Multiple Listing Service, Inc. (AK MLS) all rights reserved.

Data last updated on 9/25/2026 at 2:38 AM UTC

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