Recently renovated house for sale! Located by the Meadow Lakes USPS, and close to the Valley Mover & new Circle K. With a 3 Bears a half mile down the road. This house was originally built in 1984, and was recently completely renovated. The house is a real house on a real foundation, not manufactured! The house has a very big and spacious living room, kitchen and dining room, it's a ranch styled house for easy accessibility and living. The house 3 bedroom 1 bath and 1541 square footage.
The house includes a well, a gas furnace, water heater and pump leach field septic tank, which means it's maintenance free with little to no pumping septic tank maintenance required, and a brand new septic pump. The furnace & the water heater were recently replaced in the renovation. And a new well was drilled 9 years ago!
Forced air heating keeps this house warm in the winter with brand new insulation, including new insulation in the attic. It's very easy to keep the house warm so the monthly utility bill is quite cheap. It has a crawl space and an attic, for easy access under the house, or above for easy storage/maintenance.
The house is move in ready, there's no issues with the house everything is good to go, the cabinets are brand new, and the kitchen appliances. Comes with a fridge, gas stove top/oven, new vented hood, dishwasher, and a brand new Samsung Smart stackable laundry machine set bought earlier this Summer.
In the renovation in 2011-2014 brand new beautiful bamboo flooring was used throughout the house giving a unique and warm feel. The sheet rock/insulation was completely replaced and the lighting and of the wiring was completely redone, including a new circuit breaker panel/circuit breakers.
The road was recently paved as well providing easy and smooth transportation. The house sits on a .64 acres lot, located in between two beautiful ponds. It has a decent sized deck in the back yard. It also has shed for extra storage with a bonus parking spot available right next to it. The driveway is spacious and composed of gravel and the yard is very big, providing a beautiful view with plenty of nature.
It comes with all the furniture everything pictured, and is move in ready! Only a 10-15 minute drive from downtown Wasilla so it's an easy commute to work.
For sale by owner
$249,000
700 S Rainbow St, Wasilla, AK 99623
3beds
1,541sqft
SingleFamily
Built in 1984
0.6 Acres Lot
$279,000 Zestimate®
$162/sqft
$-- HOA
What's special
Kitchen and dining roomShed for extra storageForced air heating
- 1 day
- 371
- 34
Listed by:
Property Owner (210) 693-3142
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Gas
Appliances
- Included: Dishwasher, Microwave, Refrigerator
Features
- Dishwasher, Refrigerator, Microwave (B/I), Range/Oven, Washr&/Or Dryer Hkup
- Basement: None
Interior area
- Structure area source: Tax Authority
- Total interior livable area: 1,541 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 0.6 Acres
- Land development status: Existing Structure
Details
- Parcel number: 6103B05L009
- Zoning: UNK
- Zoning description: Unknown (re: all MSB)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch, Single Family Res
Condition
- New construction: No
- Year built: 1984
Community & HOA
Location
- Region: Wasilla
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $223,700
- Annual tax amount: $3,024
- Date on market: 9/17/2026
- Road surface type: Gravel
Estimated market value
$279,000
$240,000 - $315,000
$2,148/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $249,000+34.6%$162/sqft |
Source: Owner Report a problem | ||
| 10/20/2024 | Listing removed | $185,000-21.2%$120/sqft |
Source: | ||
| 9/3/2024 | Price change | $234,900-6%$152/sqft |
Source: | ||
| 8/5/2024 | Price change | $249,900-3.8%$162/sqft |
Source: | ||
| 7/1/2024 | Price change | $259,900-3.7%$169/sqft |
Source: | ||
| 6/1/2024 | Price change | $269,900-1.1%$175/sqft |
Source: | ||
| 4/7/2024 | Listed for sale | $272,900+47.5%$177/sqft |
Source: | ||
| 5/7/2021 | Listing removed | -- |
Source: | ||
| 5/3/2021 | Listed for sale | $185,000-2.6%$120/sqft |
Source: | ||
| 1/27/2021 | Listing removed | -- |
Source: | ||
| 1/11/2021 | Price change | $190,000+2.7%$123/sqft |
Source: | ||
| 12/28/2020 | Price change | $185,000-5.1%$120/sqft |
Source: Jack White Real Estate Mat Su #20-18081 Report a problem | ||
| 12/17/2020 | Price change | $195,000-2%$127/sqft |
Source: Jack White Real Estate Mat Su #20-18081 Report a problem | ||
| 12/9/2020 | Listed for sale | $199,000$129/sqft |
Source: Jack White Real Estate Mat Su #20-18081 Report a problem | ||
| 4/22/2014 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,024 -20.4% | $223,700 -18% |
| 2024 | $3,796 +692.6% | $272,900 +679.7% |
| 2023 | $479 -6.5% | $35,000 |
| 2022 | $512 -8.8% | $35,000 |
| 2021 | $562 -2.8% | $35,000 |
| 2020 | $578 +2.2% | $35,000 +2.9% |
| 2019 | $566 +0.5% | $34,000 |
| 2018 | $563 -75.8% | $34,000 |
| 2017 | $2,325 | $34,000 +17.2% |
| 2016 | $2,325 | $29,000 |
| 2015 | $2,325 | $29,000 -80.5% |
| 2014 | $2,325 | $148,800 -0.7% |
| 2013 | -- | $149,800 -0.2% |
| 2012 | -- | $150,100 -4.2% |
| 2011 | -- | $156,600 +8% |
| 2010 | -- | $145,000 -6.9% |
| 2009 | -- | $155,800 -2.3% |
| 2008 | -- | $159,400 |
| 2007 | -- | $159,400 |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Meadow Lakes
Nearby schools
Schools provided by the listing agent
- Elementary: Big Lake
- Middle: Houston
- High: Houston
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





