7834 Rainbow Drive, Charlotte NC

  • 3 Bed
  • 2 Bath
  • 1980 ft2
  • 0.5 ac

For Sale $498,000

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Remarks:

A beautifully refurbished 3-bedroom, 2-bathroom home offering 1980sqft of completely updated living space. This home has been thoughtfully renovated from top to bottom, with everything inside brand new, creating a fresh, modern feel throughout. Step inside to discover updated flooring, a fully remodeled kitchen, and beautifully renewed bathrooms designed with both style and functionality in mind. And when we say all new, we mean, new roof on the house garage and shed, new doors and window, all new kitchen with new appliances and custom cabinets, new bathrooms from the tile work up to the ceiling, new deck in the back, all the fixtures are new, new flooring throughout, and a new laundry room with a sink and its own cabinets. All top-of-the-line items were used to put this house together for the discerning buyer. The windows are all insulated, with tempered glass on the front of the house. The spacious layout was carefully thought out to provide comfortable living areas, generous bedroom sizes, and seamless flow perfect for everyday living or entertaining. With nearly 2,000 square feet of move-in-ready space, this home offers the peace of mind that comes with new systems, finishes, and fixtures - without the wait of new construction. Once you step outside to the large, half-acre fenced-in yard and beautiful lawn, you will see the large deck that overlooks the whole backyard. Not enough storage space for you in the garage? There is a large shed at the back of the property. This home has everything you would need. Conveniently located in Charlotte, you’ll enjoy easy access to shopping, dining, and major roadways. If you’re looking for a turnkey home where everything has already been done for you, this is the one!

Interior Features:

Open Floorplan, Walk-In Closet(s)

General Information:

List Price: $498,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 1980 sqft
Parking: Driveway, Detached Garage
MLS Number: CAR4346214
Subdivision: Waverly
Style: Traditional
Bathrooms: 2
Lot Description: Level, Open Lot, Private, Wooded
Year Built: 1971
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
09-06-2025 Price Decrease $399,9990.00% $203
07-18-2025 Price Decrease $400,000-1.23% $203
06-04-2025 Listed $405,000 $205

Nearby Schools

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

School Name Distance Grades Rating
Albemarle Road Elementary 1 miles KG-05 2
J H Gunn Elementary 1 miles KG-05 3
Lebanon Road Elementary 2 miles PK-05 5
Charlotte Choice Charter 2 miles KG-06 1
Idlewild Elementary 2 miles PK-05 7
Piney Grove Elementary 3 miles PK-05 4

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
7834 Rainbow Drive, Charlotte NC 0 mi $498,000 days
5713 Ebley Lane, Charlotte NC 0.2 mi $282,000 days
5912 Almond Road, Charlotte NC 0.2 mi $401,000 days
5751 Ebley Lane, Charlotte NC 0.2 mi $265,000 days
8119 Tremaine Court, Charlotte NC 0.3 mi $123,500 days
8123 Tremaine Court, Charlotte NC 0.3 mi $119,000 days
1 to 6 of 29 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 28227

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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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    Comments Section

    Property Listing Information

    A Courtesy Listing Provided By MATHERS REALTY.COM

    7834 Rainbow Drive, Charlotte NC is a 1980 ft2 on a 0.500 acres lot. This is for $498,000. This has 3 bedrooms, 2 baths, and was built in 1971.

    Based on information submitted to the MLS GRID as of 2026-04-04 10:30:57 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.