
Residential Land with Home for Auction in Crestview, Florida
246 Rainbow Dr, Crestview, FL 32539
Endless Possibilities on 5.5 Acres - A Rare Find! Welcome to your own slice of paradise! Nestled on 5.5 sprawling acres, this unique property offers endless potential and is perfect for hobbyists, homesteaders, or anyone seeking space and versatility. At the heart of the property is a 2020 mobile home in excellent condition, featuring 2 bedrooms and 2 full bathrooms. The interior is clean and modern, with appliances that are like new-having been rarely used. Outside, the opportunities are truly limitless. Multiple outbuildings provide flexible storage and workspace options, while a large workshop includes a secured area for tools and equipment, along with ample covered workspace to suit any project or passion. A greenhouse adds to the property's charm and functionality, perfect for year-round gardening (needs some TLC). Whether you're looking to create a self-sustaining lifestyle, start a small business, or simply enjoy peaceful rural living, this property has it all.Don't miss your chance to make this versatile property yours! Work Shop is approximately 40x40. The Studio is approximately 25x25. You also may have to opportunity to split the parcel if you don't want to keep all 5 acres.
Auction details
- Price
- $190,000 minimum
Location
- Street address
- 246 Rainbow Dr
- County
- Walton County
- Community
- Meets & Bounds
- Elevation
- 230 feet
Directions
From intersection of Hwy 285 & 90 turn west ...2.4 miles turn right on Rainbow drive...home will be on your right in quarter mile.
Property details
- Acreage
- 5.51 acres
- Zoning
- Resid Single Family
- MLS #
- ECARMLS 973252
- Posted
Property taxes
- 2024
- $333
Parcels
- 19-3N-21-37000-002-0031
Legal description
LOT 7 & 8 COM AT NW/COR SEC 19 S 00 DEG 00'00''W 658.04 FT, N 84 DEG 32'53''E 2600.05 FT, S 00 DEG 18'39''E 933.29 FT, S 89 DEG 41'21''W 588.60 FT TO POB,BEING ALG CTRLINE OF 60 FT WIDE ROW,S 89 DEG 41'21''W 405.07 FT ALG CTRLINE,S 00DEG 18'39''E 592.05 FT, DEPART CTRLINE,N 89DEG 41'21''E 405.07 FT,N00'DEG18''39''W 592.05FT TO POB LESS & EXCEPT W 30FT & N 30FT FOR INGRESS & EGRESS. BEARINGS ARE B
Details and features
Listing
- Type
- Residential
- Franchise
- Coldwell Banker Real Estate
Lot
- Features
- Cleared, Interior, Level, Wooded
Exterior
- Parking
- Carport, Covered, Oversize, RV
- Pool
- Porch
- Structures
- Greenhouse
- Features
- Lawn Pump, Yard Building
Structure
- Stories
- 1
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Central
- Cooling
- Central Air
Interior
- Room Count
- 5
- Rooms
- Bathroom x 2, Bedroom x 2, Laundry Room
- Flooring
- Vinyl
- Appliances
- Dishwasher, Dryer, Elect Water Heater, Refrigerator, Stove/Oven Electric, Washer
- Features
- Breakfast Bar, Walls Paneled
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Maude Saunders | Elementary | — | — |
| Walton | Middle | — | — |
| Walton | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 12, 2025 | Relisted | $190,000 | — | ECARMLS |
| Dec 8, 2025 | Listing removed | $199,000 | — | ECARMLS |
| Apr 8, 2025 | New listing | $209,000 | — | ECARMLS |























































