1430 Rainbow Drive, Kannapolis NC

  • 2 Bed
  • 2 Bath
  • 1367 ft2
  • 1.6 ac

For Sale $260,000

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Remarks:

Charming 2 bedroom, 1.5 bath home situated on a spacious 1.63-acre lot in Kannapolis. This property offers a peaceful setting with plenty of room to enjoy outdoor living, gardening, or future expansion. The home features a functional layout with comfortable living space and great natural light throughout. A standout feature is the large detached garage, providing excellent space for vehicle storage, a workshop, or additional hobbies and equipment. With no HOA and generous acreage, this property offers flexibility and freedom rarely found at this price point. Conveniently located near shopping, dining, and major roadways while still offering privacy and open space. A great opportunity for homeowners, investors, or anyone seeking land with usable outbuildings. SOLD AS IS Schools listed from GIS 1/12/2026

General Information:

List Price: $260,000
Status: For Sale
Bedrooms: 2
Type: Single Family Residence
Approx Sq. Ft.: 1367 sqft
Parking: Detached Garage
MLS Number: CAR4333413
Subdivision: none
Bathrooms: 2
Year Built: 1900
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Fred Wilson
Middle: Kannapolis
High: A.L. Brown

Price & Sales History

Date Event Price $/SQFT
01-17-2026 Under Contract $260,000 $191
01-13-2026 Listed $260,000 $191

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Royal Oaks Elementary 3 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
1430 Rainbow Drive, Kannapolis NC 0 mi $260,000 days
5742 Knox Lane, Kannapolis NC 0 mi $272,550 days
5682 Knox Lane, Kannapolis NC 0 mi $265,000 days
5772 Knox Lane, Kannapolis NC 0 mi $280,255 days
5870 Granbury Drive, Kannapolis NC 0.1 mi $279,990 days
5860 Granbury Drive, Kannapolis NC 0.1 mi $264,990 days
1 to 6 of 104 Result

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

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28081

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    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.

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    Property Listing Information

    A Courtesy Listing Provided By Howard Hanna Allen Tate Statesville

    1430 Rainbow Drive, Kannapolis NC is a 1367 ft2 on a 1.630 acres Appraisal lot. This is for $260,000. This has 2 bedrooms, 2 baths, and was built in 1900.

    Based on information submitted to the MLS GRID as of 2026-01-13 12:16:22 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. Click here for more information

    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.