246 Rainbow Drive, Crestview

$190,000

2 Beds
2 Baths
840 Sqft
5.51 Acres
0 Garage

Endless Possibilities on 5.5 Acres - A Rare Find!

Welcome to your own slice of paradise! Nestled on 5.5 sprawling acres, this unique property offers endless potential and is perfect for hobbyists, homesteaders, or anyone seeking space and versatility.
At the heart of the property is a 2020 mobile home in excellent condition, featuring 2 bedrooms and 2 full bathrooms. The interior is clean and modern, with appliances that are like new—having been rarely used.
Outside, the opportunities are truly limitless. Multiple outbuildings provide flexible storage and workspace options, while a large workshop includes a secured area for tools and equipment, along with ample covered workspace to suit any project or passion. A greenhouse adds to the property's charm and functionality, perfect for year-round gardening (needs some TLC). Whether you're looking to create a self-sustaining lifestyle, start a small business, or simply enjoy peaceful rural living, this property has it all.Don't miss your chance to make this versatile property yours! Work Shop is approximately 40x40. The Studio is approximately 25x25. You also may have to opportunity to split the parcel if you don't want to keep all 5 acres.

Essential Information
MLS® #973252
Price$190,000
Sold Price$185,000
Date Sold$2026-02-13
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage840
Acres5.51
Year Built2020
TypeResidential
Sub-TypeMobile Home
StyleMobile Home
StatusSold
Community Information
Address246 Rainbow Drive
Area23 - North Walton County
SubdivisionMEETS & BOUNDS
CityCrestview
CountyWalton
StateFL
Zip Code32539
Utilities

Private Well, Public Water, Septic Tank, Tap Fee Paid

Parking

Detached Carport, Other, Oversized, RV Access/Parking, Carport, Covered

Interior
Interior FeaturesBreakfast Bar, Walls Paneled
HeatingCentral
CoolingCentral Air
# of Stories1
Appliances

Dishwasher, Dryer, Refrigerator, Washer, Electric Water Heater

Exterior
Exterior FeaturesLawn Pump, Yard Building
Lot Description

Cleared, Interior Lot, Level, Wooded

School Information
ElementaryMaude Saunders
MiddleWalton
HighWalton
Additional Information
Days on Website560
ZoningResid Single Family
Listing Details
OfficeColdwell Banker Realty
Property History
Price Reduced from $199,000 to $190,000
Price Reduced from $214,000 to $199,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 19th, 2026 at 7:07pm CDT.