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4646 Rainbow Drive

Kannapolis, NC 28081
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Bed 3

Bed

Bath 2

Bath

SqFt1,782

Sqft

Acres0.88

Acre(Lot)

Nestled on a picturesque 0.88-acre lot shaded by majestic mature oak trees, this charming and well-maintained 3-bedroom, 2-bath mid-century ranch has HUGE potential with a 1800+ sq ft unfinished basement. The property boasts exceptionally fertile soil and abundant year-round sunshine, creating an ideal setting for gardening enthusiasts. The previous owner cultivated a highly productive garden, and the expansive sunny acreage provides ample opportunity to continue that tradition while enjoying seasonal harvests from the established trees (pecan and fig). A standout feature of the home is the enormous unfinished basement, offering incredible potential for customization and expansion. Already equipped with a functional double sink and a plumbed full bathroom, the basement mirrors the home' s main-level footprint and is well-suited for conversion into a private guest suite, workshop, or income-producing rental. With its own private exterior entrance and natural light streaming through multiple above-grade windows along the west side of the home, this versatile space is ideal for multi-generational living, hobbyists, or future investment opportunities. In addition to the main living room, this home features a second living area (not pictured) adjacent to the kitchen (currently labeled as the "dining room" in the measurements). The space used for formal dining is located between the living room and kitchen, just above the basement entrance. New roof and gutters 2024, new gas water heater 2026. Septic is permitted for 3 bathrooms if buyer(s) were to finish out basement.

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Detail Ic Property Details

Property Type : Residential

Price : $311,000

AD Id : 85164909

MLS Id : CAR4394032

Beds : 3

Lot Size : 0.88 Acre

Living Area Size : 1,782

Year Built : 1962

Garage : 2

County : Cabarrus

Subdivision: Private Acres

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes

    Interior Features

    Roof: Architectural Shingle Appliances: Electric Cooktop, Electric Oven, Gas Water Heater, Wall Oven Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup

    Roofing Information

    Architectural Shingle
  • Flooring Information

    Flooring: Carpet, Linoleum, Tile Construction Materials: Brick Full
  • Heating & Cooling

    Heating: Baseboard, Hot Water, Natural Gas, Radiant Cooling: Central Air WaterSource: City, County Water

  • Building Information

    Year Built: 1962

  • Lot Information

    Lot Dimensions: 186'x102'x112'x195'x60'x180' Lot Description: Wooded Lot Size Area: 0.88 acre

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Ranch

  • Listing Price Information

    Original List Price:$311000

  • Tax Information

    Tax Assessed Value: 269120 Parcel Number: 56047221770000

  • Parking Information

    Driveway, Attached Garage, Garage Faces Rear, Keypad Entry

    Garage Information

    Has Garage: Yes Garage Space: 2 Has Main Level Garage: Yes

  • School Information

    Elementary School: Fred Wilson Junior High School: Kannapolis Senior High School: A.L. Brown
  • Utility Information

    Electricity Connected, Natural Gas Sewer: Septic Installed, Sewage Pump Water Source: City, County Water
  • Location Information

    Subdivision: Private Acres City: Kannapolis Direction: Take I-85 N to George W Liles Pkwy in Concord. Take exit 54 from I-85 N Take Kannapolis Pkwy to Rainbow Dr via Mooresville Road (Hwy 3) Turn Right on Kenlough Dr Turn Left on Normandy Dr Park in driveway and use back door as main entrance 13 min (8.6 mi) 4646 Rainbow Dr Kannapolis, NC 28081
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
135 Ashmont Drive, Kannapolis, NC, 28081 $289,900 3 2 1,104 1,104 SqFt
117 Piedmont Drive, Kannapolis, NC, 28081 $279,900 3 2 1,161 1,161 SqFt
200 W 17th Street, Kannapolis, NC, 28081 $239,000 2 1 906 906 SqFt
209 W 17th Street, Kannapolis, NC, 28081 $299,900 3 2 1,232 1,232 SqFt
203 W 17th Street, Kannapolis, NC, 28081 $299,900 3 2 1,257 1,257 SqFt
212 Kimball Street, Kannapolis, NC, 28081 $210,000 2 1 858 858 SqFt
1913 S Main Street, Kannapolis, NC, 28081 $276,500 3 1 1,418 1,418 SqFt
625 N Main Street, Kannapolis, NC, 28081 $239,900 3 1 1,462 1,462 SqFt
212 Pethel Street, Kannapolis, NC, 28081 $259,900 3 1 1,242 1,242 SqFt
121 Greenview Drive, Kannapolis, NC, 28081 $325,000 3 3 1,862 1,862 SqFt
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ByOwner last updated this listing 06/20/2026 @ 18:20

MLS: CAROLINA #4394032 LISTED BY: Barry Aldridge, Realty One Group Revolution 704-659-4409 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)

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