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Off market
  • $716,100

    4697 S Rainbow Dr, Murray, UT 84107

    3beds
    2,912sqft
    SingleFamily
    Built in 1940
    0.44 Acres Lot
    $716,100 Zestimate®
    $246/sqft
    $2,749 Estimated rent

    Home value

    $716,100

    $680,000 - $752,000

    $2,749/mo

    Zestimate® history
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    What's special

    THIS IS A GEM!! Tucked into one of Murray's most beloved neighborhoods, where neighbors gather for frequent parties and lifelong friendships are built, this enchanting bungalow cottage on Rainbow Drive offers something increasingly rare - a home that feels like a private escape from the outside world. Set on an extraordinary .44-acre lot, the grounds are nothing short of magical. Towering mature trees, including a large apple and pear tree, lush landscaping, blooming irises, roses, and seasonal florals create layers of color and beauty throughout the seasons. Massive floor-to-ceiling windows frame the backyard like living artwork, filling the home with natural light and peaceful garden views. Warm, bright, and thoughtfully designed, the home offers an inviting layout ideal for both entertaining and quiet everyday living. The primary suite is privately positioned on its own side of the home, separated from the additional bedrooms to create a peaceful retreat within the house itself. But it's the backyard that truly transforms the property into something unforgettable. Just off the home, a spacious deck overlooks the stunning grounds below, while a second sitting area centered around a wood-burning fireplace creates the perfect atmosphere for cozy evenings under the stars. Further into the yard, a tucked away platform offers an ideal setting for yoga, meditation, morning coffee, or simply unwinding beneath the trees. And then comes the surprise few expect. An ivy-covered fence appears to mark the end of the yard... until it quietly opens into a hidden secret garden beyond. Around the corner awaits an expansive additional garden space complete with a storage shed, children's swing set, and endless room for vegetables, flowers, herbs, and fruit. Whether you dream of creating a thriving garden-to-table lifestyle, expanding outdoor entertaining spaces, or simply enjoying your own private park-like setting, the possibilities here feel endless. The additional land also opens the door for future opportunities, including the potential for an ADU, guest house, studio, multigenerational living, or supplemental income potential. It's the kind of property that instantly transports you - feeling more like a secluded countryside retreat than a home in the middle of the city. And while the property feels worlds away, the location keeps you incredibly connected. Conveniently located just minutes from shopping, restaurants, grocery stores, freeway access, and everyday amenities, you're also only approximately 15 minutes from Downtown Salt Lake City and Salt Lake International Airport, allowing for both peaceful retreat living and effortless access to the city. Rarely does a property offer this level of privacy, charm, warmth, and wonder all in one setting.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: Engel & Volkers,MLS#: 2158465MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Microwave
    Features
    • Disabled Access
    • Flooring: Carpet, Hardwood, Tile
    • Basement: Yes
    • Has fireplace: Yes
    Interior area
    • Total structure area: 2,912
    • Total interior livable area: 2,912 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Covered, RV Access/Parking
    Accessibility
    • Accessibility features: Disabled Access: Yes
    Features
    • Patio & porch: Patio, Deck
    Lot
    • Size: 0.44 Acres
    Details
    • Parcel number: 22063770130000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1940

    Community & HOA

    Community
    • Subdivision: MURRAY HILL GARDENS
    Location
    • Region: Murray

    Financial & listing details

    • Price per square foot: $246/sqft
    • Tax assessed value: $717,500
    • Annual tax amount: $3,171
    • Date on market: 5/16/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    7/15/2026Contingent$729,900$251/sqft
    Source: Engel & Volkers #2158465 Report a problem
    7/7/2026Price change$729,900-3.8%$251/sqft
    Source: UtahRealEstate.com #2158465 Report a problem
    6/23/2026Price change$759,000-1.9%$261/sqft
    Source: UtahRealEstate.com #2158465 Report a problem
    6/15/2026Listed for sale$774,000$266/sqft
    Source: Engel & Volkers #2158465 Report a problem
    5/30/2026Contingent$774,000$266/sqft
    Source: Engel & Volkers #2158465 Report a problem
    5/15/2026Listed for sale$774,000+19.1%$266/sqft
    Source: UtahRealEstate.com #2158465 Report a problem
    6/24/2022Sold--
    Source: Agent Provided Report a problem
    6/1/2022Pending sale$650,000$223/sqft
    Source: UtahRealEstate.com #1816421 Report a problem
    5/27/2022Listed for sale$650,000$223/sqft
    Source: UtahRealEstate.com #1816421 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,171 +4.1%$394,625 +6.2%
    2024$3,046 +3.7%$371,525 +8.2%
    2023$2,938 +19.6%$343,255 +25.8%
    2022$2,457 +15.4%$272,910 +30.9%
    2021$2,129 +1.3%$208,560 +7%
    2020$2,103 -0.6%$194,920 +2.9%
    2019$2,116 +11.2%$189,475 +8.1%
    2018$1,902 -0.8%$175,285 -42.2%
    2017$1,918 +5.9%$303,400 +3.9%
    2016$1,811 +0.3%$292,100 +13.3%
    2015$1,806 +2.8%$257,900 +6%
    2014$1,756 $243,200 +0.5%
    2013-- $242,000 -0.6%
    2012-- $243,400 -3.6%
    2011-- $252,400 -1.1%
    2010-- $255,200 -1.6%
    2009-- $259,400 -4.5%
    2008$1,315 $271,700 -2.2%
    2007-- $277,700 +14.8%
    2006-- $241,800 +19.3%
    2005-- $202,700 +10.9%
    2002-- $182,800 -7.2%
    2001-- $196,900 +2.7%
    2000-- $191,800
    Find assessor info on the county website

    Neighborhood: 84107

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Parkside
    • Middle: Hillcrest
    • High: Murray

    Source: Engel & Volkers. 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
    $716,100
    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
    $716,100