For Sale: Prime Land Opportunity – 4059 Rainbow Dr, Decatur, GA Seize the chance to own nearly 2 acres of undeveloped land in a thriving location! This spacious parcel at 4059 Rainbow Dr is the perfect canvas for your vision ideal for building a custom estate, developing investment property, or securing land in a growing community. Enjoy privacy and accessibility with a location close to shopping, dining, major highways, and just minutes from both downtown Decatur and Atlanta. Utilities are available nearby (please verify with county), making this property even more attractive for development. Don’t miss out on this rare opportunity to invest in a substantial piece of land in a rapidly developing area!
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
Features: Near Schools, Near Shopping, Park, Playground
Security: None
Subdivision: None
HOA
Has HOA: No
Location
Region: Decatur
Financial & listing details
Annual tax amount: $863
Date on market: 7/10/2026
Cumulative days on market: 152 days
Electric utility on property: Yes
Road surface type: Paved
Foreclosure details
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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