32, 40 Rainbow Drive, Ponce De Leon, FL 32455
$199,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
1,276
Lot Size (sq. ft.):
111,078
Status:
Active
Current Price:
$199,000
List Date:
2/27/2026
Last Modified:
4/24/2026
Description
This could be the place for you if you want a great place to live and want an additional home on the property for a Mother-in-Law house or a great guest house. In the country with enough space to stretch your legs and enjoy quiet country evenings by a fire pit. Just down the road from Ponce de Leon Springs and about 40 minutes to the beach. This would be a perfect place to come to get away from the city and bring your friends and family to enjoy quality time together. Main house is 2 BR/2 BA and Mobile home is also 2 BR/2BA. Multiple outbuildings to include a 12 x 20 building that is finished with A/C which could be another bunk house. Main home has laundry and the laundry for the mobile is in an outbuilding built just for that purpose. You really have to see this one to appreciate .
More Information MLS# 996481
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 155.96
List Date: 2026-02-27
Current Price: $199,000
List Price: $199,000
Location, Tax and Legal
Sub Area: 2316 - Rock Hill/Red Bay
Elementary School: Freeport
Middle School: Freeport
High School: Freeport
Legal Description: FROM NE/COR OF S2 OF SW4 OF NE4, RUN W 264FT, S 200FT FOR POB, SWLY TO E R/W OF PUBLIC RD AT A PT 300FT N OF S BDRY OF 40, E TO PT LYING 264FT W OF E BDRY OF 40, N TO POB. OR 3021-1951
General Property Info
Sub-Type: Detached Single Family
Design: Country
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: No
Carport: Yes
Carport Spaces: 3
Covered Spaces: 3
Driveway Spaces: 10
Pool: No
Pool Type: None
Apx SqFt(Htd/Cooled): 1276
Bedrooms: 2
Full Baths: 2
Total Bathrooms: 2
# Stories: 1
Year Built: 2015
Acreage: 2.55
Listing Info, Tax & Legal
Homestead: Yes
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 150
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: This could be the place for you if you want a great place to live and want an additional home on the property for a Mother-in-Law house or a great guest house. In the country with enough space to stretch your legs and enjoy quiet country evenings by a fire pit. Just down the road from Ponce de Leon Springs and about 40 minutes to the beach. This would be a perfect place to come to get away from the city and bring your friends and family to enjoy quality time together. Main house is 2 BR/2 BA and Mobile home is also 2 BR/2BA. Multiple outbuildings to include a 12 x 20 building that is finished with A/C which could be another bunk house. Main home has laundry and the laundry for the mobile is in an outbuilding built just for that purpose. You really have to see this one to appreciate .
Construction Status
Construction Complete: 1
Parking Features
Carport: 1
Carport Attached: 1
Covered: 1
Lot/Parcel Access
County Road: 1
Paved Road: 1
Lot Features
Level: 1
Construction/Siding
Roof Metal: 1
Siding Wood: 1
Utilities
Electric: 1
Gas - Propane: 1
Private Well: 1
Septic Tank: 1
Zoning
Mobile Home: 1
Resid Single Family: 1
Interior
Floor Vinyl: 1
Floor WW Carpet: 1
Washer/Dryer Hookup: 1
Financing
Conventional: 1
Appliances
Microwave: 1
Oven Self Cleaning: 1
Range Hood: 1
Refrigerator: 1
Smooth Stovetop Rnge: 1
Stove/Oven Electric: 1
Energy
AC - 2 or More: 1
Water Heater - Tnkls: 1
Master Bedroom
First: 1
Kitchen
First: 1
Rooms
Bunk Room: 1
Family Room: 1
Kitchen: 1
Master Bedroom: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 23 - North Walton County
Street #: 32, 40
Street Name: Rainbow
Street Suffix: Drive
State: FL
Zip Code: 32455
County: Walton
Project Name/Subdivision: METES & BOUNDS
Parcel ID: 11-3N-17-06000-019-0050
Property Features
Construction Status: Construction Complete
Lot Features: Level
Zoning: Mobile Home; Resid Single Family
Parking Features: Carport; Carport Attached; Covered
Interior: Floor Vinyl; Floor WW Carpet; Washer/Dryer Hookup
Appliances: Microwave; Oven Self Cleaning; Range Hood; Refrigerator; Smooth Stovetop Rnge; Stove/Oven Electric
Utilities: Electric; Gas - Propane; Private Well; Septic Tank
Energy: AC - 2 or More; Water Heater - Tnkls
Master Bedroom: First
Kitchen: First
Rooms: Bunk Room; Family Room; Kitchen; Master Bedroom
Financing: Conventional
Room Information
Master Bedroom
Level: First
Dimensions: 12 x 10
Length: 12.00
Width: 10.00
Dimensions: 12 x 10
Family Room
Level: First
Dimensions: 8 x 10
Length: 8.00
Width: 10.00
Dimensions: 8 x 10
Kitchen
Level: First
Dimensions: 12 x 16
Length: 12.00
Width: 16.00
Dimensions: 12 x 16
Bunk Room
Level: First
Dimensions: 12 x 10
Length: 12.00
Width: 10.00
Dimensions: 12 x 10
Listing Office:
Merrifield & Pilcher Realty
Listing Agent:
Teddy Stewart
Last Updated: April - 24 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.