1001 Rainbow Drive, Kannapolis NC
- 2 Bed
- 1 Bath
- 942 ft2
- 0.2 ac
For Sale $250,000
Remarks:
This charming Kannapolis bungalow offers the perfect blend of comfort, style, and convenience in an established area. Situated on a corner lot, this wonderful home welcomes you with attractive curb appeal, a covered front porch, and a bright open-concept interior filled with natural light, creating an inviting atmosphere that feels both cozy and spacious. The thoughtfully designed layout features an airy living area that opens seamlessly into the kitchen, making it ideal for everyday living and entertaining. The kitchen offers clean white cabinetry, generous prep space, and easy access to the backyard area. Both bedrooms are nicely sized, while the full bath adds character with stylish details and touches. Outside, the property provides low-maintenance living with ample driveway parking and outdoor space to enjoy morning coffee, weekend gatherings, or gardening. Whether you are a first-time homebuyer, downsizing, or looking for an investment opportunity, this move-in ready home delivers comfort, convenience, and a fantastic location!
Interior Features:
Open Floorplan
General Information:
| List Price: | $250,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 942 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4378923 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Lot Description: | Corner Lot |
| Year Built: | 2010 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 05-22-2026 | Listed | $250,000 | $266 |
| 11-11-2025 | Under Contract | $585,000 | $622 |
| 11-02-2025 | Price Decrease | $585,000-3.31% | $622 |
| 08-28-2025 | Price Decrease | $605,000-1.63% | $643 |
| 07-04-2025 | Listed | $615,000 | $653 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Royal Oaks Elementary | 2 miles | KG-05 | 1 |
| Charles E Boger Elementary | 3 miles | KG-05 | 8 |
| Enochville Elementary School | 3 miles | KG-05 | 4 |
| Landis Elementary School | 5 miles | PK-05 | 1 |
| Beverly Hills Elementary | 5 miles | KG-05 | 6 |
| sCabarrus Charter Academy | 6 miles | KG-06 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1001 Rainbow Drive, Kannapolis NC | 0 mi | $250,000 | days | |
| 620 Pleasant Avenue, Kannapolis NC | 0.2 mi | $279,900 | days | |
| 709 Robin Avenue, Kannapolis NC | 0.2 mi | $330,000 | days | |
| 719 Margate Avenue, Kannapolis NC | 0.3 mi | $287,900 | days | |
| 717 Margate Avenue, Kannapolis NC | 0.3 mi | $299,900 | days | |
| 917 Bethpage Road, Kannapolis NC | 0.3 mi | $394,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28081
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Occupancy Types |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Keller Williams South Park
1001 Rainbow Drive, Kannapolis NC is a 942 ft2 on a 0.190 acres lot. This is for $250,000. This has 2 bedrooms, 1 baths, and was built in 2010.
Based on information submitted to the MLS GRID as of 2026-05-22 11:30:50 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
