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  • $385,000

    5626 Rainbow Dr, Helena, MT 59602

    --beds
    --baths
    2.34Acres
    Unimproved Land
    Built in ----
    2.34 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Exceptional views
    Discover the perfect opportunity to build your dream home or investment property on this 2.34-acre Hauser Lake property in the sought-after Settlers' Cove neighborhood, just minutes from Helena, Montana. Located across the street from Hauser Lake, this buildable lot offers stunning lake and mountain views, existing utilities, and an unbeatable location for enjoying Montana's outdoor lifestyle. Positioned near the public boat launch, you'll have convenient access to boating, fishing, kayaking, paddleboarding, and year-round recreation on one of the Helena area's favorite lakes. Known for excellent fishing and a welcoming neighborhood atmosphere, Settlers' Cove is the ideal place to enjoy lake living while remaining close to city conveniences. This Montana lake lot is ready for your vision with a private well, septic system, and electricity already installed—saving significant time and development costs. Perched at one of the highest points in the neighborhood, the property offers exceptional views, privacy, and ample space for a custom home, shop, or outdoor living areas. With quick access to I-15 and just a short drive to Helena, this property combines the tranquility of Hauser Lake living with everyday convenience.
    536 days
    |
    273
    |
    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Molly Holahan 406-431-8895,

    Engel & Völkers Western Frontier - Helena

    Source: MRMLS,MLS#: 30039671MLS Logo

      Facts & features

      Interior

      Property

      Lot
      • Size: 2.34 Acres
      Details
      • Parcel number: 05199618401420000
      • Special conditions: Standard

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Helena

      Financial & listing details

      • Tax assessed value: $216,014
      • Annual tax amount: $1,783
      • Date on market: 2/3/2025
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,936/mo

        Price history

        DateEventPrice
        10/8/2025Price change$385,000-14.4%
        Source: MRMLS #30039671 Report a problem
        2/3/2025Listed for sale$450,000
        Source: MRMLS #30039671 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,062 -30.6%$216,014 +10.1%
        2024$1,532 +0.4%$196,184
        2023$1,525 +39%$196,184 +63.2%
        2022$1,097 -1.8%$120,246
        2021$1,117 +18%$120,246 +18%
        2020$947 -1.8%$101,910
        2019$965 +28.2%$101,910 +85.7%
        2018$753 +11.1%$54,886
        2017$678 +79.2%$54,886 +19.6%
        2016$378 -3.2%$45,880
        2015$391 -59.8%$45,880 -26.5%
        2014$971 $62,428
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Helena Valley Northeast

        Getting around

        2 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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