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 styledhouse 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 and good to go, featuring all new cabinets just put in last December. 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 2014-2016 brand new. bamboo flooring was istalled 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 to the left of it. The driveway is spacious and composed of gravel and the yard is very big, there are no neighbors to the right as it's a corner house. The yard in the back extends well past the treeline towards the pond. It comes completely furnished with everything from the Airbnb, which has had nothing but 5 star reviews so far! It's only a 10-15 minute drive from downtown Wasilla so it's a short and easy commute.
For sale
Price cut: $10K (10/12)
$239,000
700 S Rainbow St, Wasilla, AK 99623
3beds
1,541sqft
Single Family Residence
Built in 1984
0.64 Acres Lot
$234,900 Zestimate®
$155/sqft
$-- HOA
What's special
Kitchen and dining roomShed for extra storageForced air heatingMove in readyRecently renovatedBonus parking spot available
- 41 days
- 968
- 74
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Richard Davids,
Sun Properties, LLC
Source: AKMLS,MLS#: 26-12325
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Natural Gas
Appliances
- Laundry: Washer &/Or Dryer Hookup
Features
- BR/BA on Main Level, Soaking Tub, Solid Surface Counter, Storage
- Flooring: Bamboo
- Has basement: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,541
- Total interior livable area: 1,541 sqft
Property
Parking
- Parking features: No Garage, No Carport
Accessibility
- Accessibility features: Handicap Accessible
Features
- Patio & porch: Deck/Patio
- Exterior features: Private Yard
- Has view: Yes
- View description: Unobstructed
- Waterfront features: Pond, Pond Access
Lot
- Size: 0.64 Acres
- Features: Views
- Topography: Sloping
Details
- Additional structures: Shed(s)
- Parcel number: 6103B05L009
- Zoning: UNK
- Zoning description: Unknown (re: all MSB)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Wood Frame - 2x4, Wood Frame - 2x6, Wood Siding
- Foundation: Block, Post on Pad, Slab
- Roof: Asphalt,Composition,Shingle
Condition
- New construction: No
- Year built: 1984
- Major remodel year: 2015
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electric
Community & HOA
Location
- Region: Wasilla
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $223,700
- Annual tax amount: $3,024
- Date on market: 9/24/2026
- Road surface type: Dirt, Gravel
Estimated market value
$234,900
$223,000 - $247,000
$2,288/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2026 | Price change | $239,000-4%$155/sqft |
Source: | ||
| 9/24/2026 | Listed for sale | $249,000+34.6%$162/sqft |
Source: | ||
| 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: Meadow Lakes
- Middle: Houston
- High: Houston
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





