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  • $635,000

    25515 SW Rainbow Ln, Hillsboro, OR 97123

    3beds
    1,536sqft
    Residential, Single Family Residence
    Built in 1953
    1.34 Acres Lot
    $634,900 Zestimate®
    $413/sqft
    $2,916 Estimated rent

    Home value

    $634,900

    $603,000 - $667,000

    $2,916/mo

    Zestimate® history
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    What's special

    Park-like acreageHot tubDirect river accessFishing from your backyardTranquil water viewsSingle-level riverfront home
    Escape to your own private riverfront retreat where every day feels like a vacation. Nestled on 1.34 scenic acres, this beautifully maintained single-level riverfront home offers 3 bedrooms, 2 bathrooms, direct river access, and the ultimate Pacific Northwest lifestyle. Wake up to tranquil water views, sip your morning coffee overlooking the river, spend the afternoon fishing from your backyard, and launch your kayak or paddleboard directly from your property. End the day relaxing in the hot tub while watching the sunset reflect across the water. This is more than a home—it’s a true waterfront lifestyle. The park-like acreage provides the perfect balance of privacy and usable space, highlighted by an impressive collection of mature fruit trees and vines, including peach, pear, fig, apple, cherry, plum, and grape vines. Whether you dream of gardening, entertaining, or simply enjoying the peaceful setting, this property offers room to live, play, and unwind. A rare 40' x 40' powered shop provides exceptional flexibility for RV storage, boat storage, hobbies, woodworking, a home business, or recreational equipment. The property also features full RV hookups with power, sewer dump, and water connections, making it ideal for guests or adventure enthusiasts. Designed for efficiency and sustainability, the home includes owned solar panels with electricity costs averaging approximately $15 per month, delivering significant long-term energy savings without compromising comfort. Whether you're searching for a riverfront home, waterfront property, private retreat, vacation home, or country estate with acreage, this exceptional property offers the perfect combination of comfort, recreation, and self-sufficiency. Enjoy the serenity of country living while remaining conveniently close to everyday amenities. Bring your fishing pole, kayak, paddleboard, and sense of adventure—your dream riverfront lifestyle begins here. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10249412]

    Zillow last checked:

    Listing updated:

    Listed by:

    Darcie VanderZanden 503-504-2720,

    Keller Williams Sunset Corridor,

    Chase Underwood 503-431-1969,

    Keller Williams Sunset Corridor

    Bought with:

    Deserie Fernbaugh Daniels, 200503132

    Coldwell Banker Bain

    Source: RMLS (OR),MLS#: 685328944MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    Rooms
    • Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Ceiling Fan, Deck, Barn Door, Closet, Ensuite, Walkin Shower
    • Level: Main
    • Area: 225
    • Dimensions: 15 x 15
    Bedroom 2
    • Features: Ceiling Fan, Closet
    • Level: Main
    • Area: 143
    • Dimensions: 11 x 13
    Bedroom 3
    • Features: Ceiling Fan, Double Closet, Sunken
    • Level: Main
    • Area: 306
    • Dimensions: 17 x 18
    Dining room
    • Features: Eat Bar, Laminate Flooring, Sink
    • Level: Main
    • Area: 132
    • Dimensions: 12 x 11
    Family room
    • Features: Ceiling Fan, Deck, Sliding Doors, Laminate Flooring
    • Level: Main
    • Area: 255
    • Dimensions: 17 x 15
    Kitchen
    • Features: Eat Bar, Nook, Free Standing Range, Free Standing Refrigerator, Laminate Flooring
    • Level: Main
    • Area: 110
    • Width: 11
    Living room
    • Features: Ceiling Fan, Laminate Flooring, Wood Stove
    • Level: Main
    • Area: 247
    • Dimensions: 19 x 13
    Heating
    • Forced Air
    Appliances
    • Included: Dishwasher, Disposal, Free-Standing Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Closet, Double Closet, Sunken, Eat Bar, Sink, Nook, Walkin Shower
    • Flooring: Laminate, Luxury Vinyl Tile, Wood
    • Doors: Sliding Doors
    • Windows: Double Pane Windows, Vinyl Frames
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Wood Burning Stove
    Interior area
    • Total structure area: 1,536
    • Total interior livable area: 1,536 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, RV Access/Parking, RV Boat Storage, Attached, Extra Deep Garage, Oversized
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Garage On Main, Main Floor Bedroom Bath, Minimal Steps, One Level, Accessibility
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered Deck, Deck
    • Exterior features: Fire Pit, RV Hookup, Yard
    • Has spa: Yes
    • Spa features: Free Standing Hot Tub
    • Fencing: Fenced
    • Has view: Yes
    • View description: River, Territorial, Trees/Woods
    • Has water view: Yes
    • Water view: River
    • Waterfront features: River Front
    • Body of water: Tualatin River
    Lot
    • Size: 1.34 Acres
    • Features: Flood Zone, Level, Private, Sloped, Terraced, Trees, Acres 1 to 3
    Details
    • Additional structures: Outbuilding, RVParking, RVBoatStorage, Workshop
    • Additional parcels included: R564785,R564801
    • Parcel number: R564794
    • Zoning: AF-5

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Cement Siding
    • Roof: Composition,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private, Well
    Green energy
    • Energy generation: Solar

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Hillsboro

    Financial & listing details

    • Price per square foot: $413/sqft
    • Tax assessed value: $424,570
    • Annual tax amount: $3,855
    • Date on market: 7/3/2026
    • Cumulative days on market: 34 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/4/2026Sold$635,000-5.9%$413/sqft
    Source: RMLS (OR) #685328944 Report a problem
    8/7/2026Pending sale$675,000$439/sqft
    Source: RMLS (OR) #685328944 Report a problem
    7/31/2026Price change$675,000-2.2%$439/sqft
    Source: RMLS (OR) #685328944 Report a problem
    7/17/2026Price change$689,900-1.4%$449/sqft
    Source: RMLS (OR) #685328944 Report a problem
    7/3/2026Listed for sale$699,900+40%$456/sqft
    Source: RMLS (OR) #685328944 Report a problem
    5/29/2024Sold$500,000+9.9%$326/sqft
    Source: RMLS (OR) #24623766 Report a problem
    4/4/2024Listing removed$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    3/15/2024Price change$2,500-3.8%$2/sqft
    Source: Zillow Rentals Report a problem
    3/9/2024Price change$2,600-3.7%$2/sqft
    Source: Zillow Rentals Report a problem
    2/12/2024Price change$2,700-3.6%$2/sqft
    Source: Zillow Rentals Report a problem
    2/8/2024Listed for rent$2,800$2/sqft
    Source: Zillow Rentals Report a problem
    1/26/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/13/2024Listed for rent$2,800-12.5%$2/sqft
    Source: Zillow Rentals Report a problem
    12/19/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/13/2023Listed for rent$3,200$2/sqft
    Source: Zillow Rentals Report a problem
    11/2/2021Sold$455,000+1.1%$296/sqft
    Source: RMLS (OR) #21311535 Report a problem
    9/29/2021Pending sale$450,000$293/sqft
    Source: RMLS (OR) #21311535 Report a problem
    9/23/2021Listed for sale$450,000+16.9%$293/sqft
    Source: RMLS (OR) #21311535 Report a problem
    12/17/2018Sold$385,000$251/sqft
    Source: Public Record Report a problem
    7/2/2018Sold$385,000-2.5%$251/sqft
    Source: RMLS (OR) #18247812 Report a problem
    5/17/2018Pending sale$394,900$257/sqft
    Source: Zip Realty Residential Brokerage - Zip - Portland #18247812 Report a problem
    5/12/2018Price change$394,900-1.3%$257/sqft
    Source: Zip Realty Residential Brokerage - Zip - Portland #18247812 Report a problem
    4/26/2018Price change$399,900-2.9%$260/sqft
    Source: Zip Realty Residential Brokerage - Zip - Portland #18247812 Report a problem
    4/5/2018Listed for sale$412,000+100%$268/sqft
    Source: Zip Realty Residential Brokerage #18247812 Report a problem
    11/30/2011Sold$206,000+3%$134/sqft
    Source: Public Record Report a problem
    8/23/2011Price change$200,000-12.7%$130/sqft
    Source: RE/MAX EQUITY GROUP SUNSET CORRIDOR #11418679 Report a problem
    7/3/2011Price change$229,000-2.6%$149/sqft
    Source: RE/MAX EQUITY GROUP SUNSET CORRIDOR #11418679 Report a problem
    5/20/2011Listed for sale$235,000-11%$153/sqft
    Source: RE/MAX EQUITY GROUP SUNSET CORRIDOR #11418679 Report a problem
    5/9/2008Sold$264,100+39%$172/sqft
    Source: Public Record Report a problem
    12/12/1996Sold$190,000$124/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,749 +1.3%$282,860 +3%
    2024$3,700 +2.9%$274,630 +3%
    2023$3,595 +2.6%$266,640 +3%
    2022$3,503 +1.8%$258,880
    2021$3,440 +2.2%--
    2020$3,368 +3.8%$244,020 +3%
    2019$3,243 +3.3%$236,920
    2018$3,140 $236,920 +6.1%
    2017$3,140 +9.4%$223,330 +3%
    2016$2,871 $216,830 +3%
    2015$2,871 +4.5%$210,520 +3%
    2014$2,748 +5.7%$204,390 +3%
    2013$2,599 +1%$198,440 +1.2%
    2012$2,573 -1.1%$196,000 -5.3%
    2011$2,601 +1.6%$206,900 +2.5%
    2010$2,560 +3.3%$201,820 -6.5%
    2009$2,478 +6.9%$215,760 -14.5%
    2008$2,319 -4.4%$252,260 +4%
    2007$2,426 +27.6%$242,480 +19.5%
    2006$1,901 -1%$202,970 +11.1%
    2005$1,920 $182,720
    Find assessor info on the county website

    Neighborhood: 97123

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Groner
    • Middle: Groner
    • High: Hillsboro

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $634,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $634,900