Residential Land with Home for Sale in Sheldon, Iowa
1411 Rainbow Dr, Sheldon, IA 51201
The location and view coupled with this homes features make it one of a kind! Sitting on a large 1.5 acre lot on the North side of Sheldon you will quickly fall in love with the gorgeous views, sunrises and sunsets on the beautiful Iowa countryside! This property boasts a sprawling lawn with meticulously manicured landscaping, a large wrap around deck to enjoy with company, patio for grilling, and matching lawn shed to get things started. The oversized 3 car attached and finished garage is ample space to store the vehicles, toys and space for a work area too. The main floor is over 2600 square feet of space featuring a grand entry way, formal living and dining room, open kitchen to family room with a large all brick gas fireplace just adjacent to the cozy sun room. Staying on the main floor you will also find the master bedroom featuring a luxurious on suite which includes a jet tub and large walk in closet, and rounding out the main floor is a very nice office \ study, 1/2 bath, laundry and many updates have been made on this main floor over the last years. The upper level consists of 2 additional large bedrooms with ample closet space and a full bathroom as well. In the basement you will be delighted to find a large finished entertainment and rec room to host game nights and watch the big game! There is a 3/4 bath, loads of storage and a non-conforming bedroom. The utility room has some updated equipment and is serviced and has been maintained well over the years. This home was built and cared for by the same owners and now is your chance to take ownership of one of Sheldon's finest and most elegant properties. You'll get to enjoy all of the natural light inside and out, efficiency and functionality, a plush lawn that is maintained by a sprinkler system, all in a quiet neighborhood in town on Iowa's beautiful countryside! UTILITIES INFO - AVERAGE MONTHLY TOTAL: $352.55 - Gas\Electric: MidAmerican Energy; Garbage\Recycling: City of Sheldon; Water\Sewer: City of Sheldo.
Location
- Street address
- 1411 Rainbow Dr
- County
- O'Brien County
- Elevation
- 1,404 feet
Property details
- Acreage
- 1.5 acres
- Zoning
- R
- MLS #
- NWIBR 823640
- Posted
Property taxes
- 2023
- $8,852
Parcels
- 0049179500
Legal description
NEW HORIZON THIRD ADD LOTS 12-13-14-15 BLK 3
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking
- Driveway, Garage
- Outdoor Spaces
- Deck, Patio, Porch
- Structures
- Packing Shed, Shed(s), Storage
- Features
- 3 Season Porch, Landscaping, Lawn Sprinkler System, Storage Shed
Structure
- Heating
- Forced Air
- Materials
- Brick
- Roof
- Shingle
Interior
- Rooms
- Bathroom x 4, Bedroom x 3, Kitchen
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Sheldon | Elementary | — | — |
| Sheldon | Middle | — | — |
| Sheldon | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 2, 2025 | Price drop | $575,000 | $20,000 -3.4% | NWIBR |
| Oct 31, 2025 | Price drop | $595,000 | $30,000 -4.8% | NWIBR |
| Sept 3, 2025 | Price drop | $625,000 | $50,000 -7.4% | NWIBR |
| Apr 17, 2025 | New listing | $675,000 | — | NWIBR |