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MLS ID: 1545963
For Sale - $680,000

About this property

Bedrooms 4
Baths 3
sq2 2799
Lot Size 5.0000 acres
Year Built 1948
DOM 145

Address

Address:
1741 Rainbow Lake Road
City:
Chesnee
Zip Code:
29323
County:
Spartanburg
State:
SC

Features and Amenities

Cooling
Wall/Window Units
Heating
Baseboard, Electric
Floors
Wood, Laminate
Laundry Features
1st Floor, Electric Dryer Hookup, Washer Hookup
Appliances
Range, Electric Water Heater
Community Features
None
Utilities
Water Available
Fireplace Features
Gas Log
Window Features
Storm Window(s)
Lot Features
2 - 5 Acres, Few Trees, Wooded
Style
Cape Cod
Other
Composition, None

Description

Welcome to 1741 Rainbow Lake Road! This exceptional 5-acre parcel presents a fantastic opportunity for commercial development or a spacious homestead. The property features an expansive 2,744 square foot home with 4 bedrooms and 3 bathrooms. After some cosmetic renovations there would be plenty of space for friends and family to gather and create lasting memories. Imagine creating a beautiful farmhouse for homesteading. You can enjoy the convenience of location while enjoying serene country living. Convenience is key, and this location excels with easy access to essential amenities. It's just 5 minutes to the new Target, Publix, and Walmart in Boiling Springs. Additionally, the property is situated within the highly regarded District 2 school zone, offering an excellent education and a supportive community for making new friends. The adjacent property is also listed and if purchasing both then you would have over 6 acres. The property boasts road frontage on both Rainbow Lake Road and Riveroak Road, providing flexibility and ease of access. Whether you're envisioning a residential development or a private retreat, this location offers the versatility and potential to bring your dreams to life. House is being sold as is.

Schools

Name Address Phone Type Grade
Carlisle-Foster's Grove Elementary 625 Foster's Grove Road 8645782215 Public PK-5 SPED
Chesnee Elementary 985 Fairfield Road 8644617322 Public PK-5 SPED
Cooley Springs-Fingerville Elementary 140 Cooley Springs School Road 8645921211 Public PK-5 SPED
Name Address Phone Type Grade
Chesnee High 795 South Alabama Avenue 8644617318 Public 9-12 SPED
Name Address Phone Type Grade
Chesnee Middle 805 South Alabama Avenue 8644613900 Public 6-8 SPED
Rainbow Lake Middle 1951 Riveroak Road 8642535700 Public 6-8 SPED

Price Change history

  1. $850,000 $304/SqFt

  2. $750,000 $268/SqFt

  3. $680,000 $243/SqFt

Mortgage Calculator

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Interest Rate as of: Wed, Jun. 11, 2025
$ 680,000Home Price
$ 3,594Monthly payment
$ 544,000Amount Financed
$ 43,124Annual cost of Loan
$ 1,293,735Total of 360 Payments

Map

SEE THIS PROPERTY

James Schiller

James Schiller

Realtor, Brand Name Real Estate
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1741 Rainbow Lake Road, Chesnee, SC, 29323
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