32, 40 Rainbow Drive, Ponce De Leon

$199,000

2 Beds
2 Baths
1,276 Sqft
2.55 Acres
0 Garage

This could be the place for you if you want a great place to live and want an additional home on the property for a Mother-in-Law house or a great guest house. In the country with enough space to stretch your legs and enjoy quiet country evenings by a fire pit. Just down the road from Ponce de Leon Springs and about 40 minutes to the beach. This would be a perfect place to come to get away from the city and bring your friends and family to enjoy quality time together. Main house is 2 BR/2 BA and Mobile home is also 2 BR/2BA. Multiple outbuildings to include a 12 x 20 building that is finished with A/C which could be another bunk house. Main home has laundry and the laundry for the mobile is in an outbuilding built just for that purpose. You really have to see this one to appreciate .

Essential Information
MLS® #996481
Price$199,000
Sold Price$165,000
Date Sold$2026-07-17
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,276
Acres2.55
Year Built2015
TypeResidential
Sub-TypeDetached Single Family
StyleCountry
StatusSold
Community Information
Address32, 40 Rainbow Drive
Area23 - North Walton County
SubdivisionMETES & BOUNDS
CityPonce De Leon
CountyWalton
StateFL
Zip Code32455
Utilities

Electric, Gas - Propane, Private Well, Septic Tank

Parking

Attached Carport, Carport, Covered

Interior
Interior FeaturesWasher/Dryer Hookup
# of Stories1
Appliances

Microwave, Range Hood, Refrigerator, Tankless Water Heater

Exterior
Lot DescriptionLevel
RoofMetal
ConstructionWood Siding
School Information
ElementaryFreeport
MiddleFreeport
HighFreeport
Additional Information
Days on Website235
Zoning

Mobile Home, Resid Single Family

Listing Details
OfficeMerrifield & Pilcher Realty
Property History
Price Reduced from $225,000 to $199,000
Price Reduced from $230,000 to $225,000
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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 11:52pm CDT.