32, 40 Rainbow Drive, Ponce De Leon, FL 32455

New Listing

$199,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,276 Lot Size (sq. ft.): 111,078 Status: Active

Current Price: $199,000 List Date: 6/07/2026 Last Modified: 6/07/2026

Overview

Description

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 .

Listing Details MLS# 996481

Contract Info

List Price/SqFt: 155.96
Listing Board: Emerald Coast

Location Tax and Legal

Area: 23 - North Walton County
Street #: 32, 40
Street Name: Rainbow
Street Suffix: Drive
State: FL
Zip Code: 32455
County: Walton
Project Name/Subdivision: METES & BOUNDS
Parcel ID: 11-3N-17-06000-019-0050

General Property Info

Sub-Type: Detached Single Family
Design: Country
Apx SqFt(Htd/Cooled): 1276
SqFt Source: County PA Records
Full Baths: 2
Total Bathrooms: 2
# Stories: Yes
Year Built: 2015
Immediate Occupancy: Yes
Garage: No
Carport: Yes
Carport Spaces: 3
Covered Spaces: 3
Driveway Spaces: 10
Acreage: 2.55
Pool: No
Pool Type: None

Location, Tax and Legal

Sub Area: 2316 - Rock Hill/Red Bay
Elementary School: Freeport
Middle School: Freeport
High School: Freeport
Legal Description: FROM NE/COR OF S2 OF SW4 OF NE4, RUN W 264FT, S 200FT FOR POB, SWLY TO E R/W OF PUBLIC RD AT A PT 300FT N OF S BDRY OF 40, E TO PT LYING 264FT W OF E BDRY OF 40, N TO POB. OR 3021-1951

Listing Info, Tax & Legal

Homestead: Yes
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 150
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

More Information

Remarks & Misc

Remarks: 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 .

Construction Status

Construction Complete: Yes

Parking Features

Carport: Yes
Carport Attached: Yes
Covered: Yes

Lot/Parcel Access

County Road: Yes
Paved Road: Yes

Lot Features

Level: Yes

Construction/Siding

Roof Metal: Yes
Siding Wood: Yes

Utilities

Electric: Yes
Gas - Propane: Yes
Private Well: Yes
Septic Tank: Yes

Zoning

Mobile Home: Yes
Resid Single Family: Yes

Interior

Floor Vinyl: Yes
Floor WW Carpet: Yes
Washer/Dryer Hookup: Yes

Financing

Conventional: Yes

Appliances

Microwave: Yes
Oven Self Cleaning: Yes
Range Hood: Yes
Refrigerator: Yes
Smooth Stovetop Rnge: Yes
Stove/Oven Electric: Yes

Energy

AC - 2 or More: Yes
Water Heater - Tnkls: Yes

Master Bedroom

First: Yes

Kitchen

First: Yes

Rooms

Bunk Room: Yes
Family Room: Yes
Kitchen: Yes
Master Bedroom: Yes

Property Features

Construction Status: Construction Complete Lot Features: Level Zoning: Mobile Home; Resid Single Family Parking Features: Carport; Carport Attached; Covered Interior: Floor Vinyl; Floor WW Carpet; Washer/Dryer Hookup Appliances: Microwave; Oven Self Cleaning; Range Hood; Refrigerator; Smooth Stovetop Rnge; Stove/Oven Electric Utilities: Electric; Gas - Propane; Private Well; Septic Tank Energy: AC - 2 or More; Water Heater - Tnkls Master Bedroom: First Kitchen: First Rooms: Bunk Room; Family Room; Kitchen; Master Bedroom Financing: Conventional

Room Information

Room Name	Level	Dimensions	Length	Width
Master Bedroom	First	12 x 10	12.00	10.00
Family Room	First	8 x 10	8.00	10.00
Kitchen	First	12 x 16	12.00	16.00
Bunk Room	First	12 x 10	12.00	10.00

Listing Office: Merrifield & Pilcher Realty

Last Updated: June - 07 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

32, 40 Rainbow Drive, Ponce De Leon, FL 32455 (MLS# 996481)