$475,900
UNDER CONTRACT $114K PRICE DROP

1620 Rainbow Lake Rd Inman, SC 29349

Estimated payment $2,666/month

Total Views 6,735
2 Beds
2 Baths
1,820 Sq Ft
$261 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • RV or Boat Parking
  • Deck
  • Oakland Elementary School Rated A-
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

Calling investors/homeowners/ and farm owners! Massive PRICE CUT with almost $83k instant equity! Looking to own a unique country property while also being close to town? This one is the one for you and priced to sell! This homesite sits on 4 acres of unrestricted land. With a large 30x60 building with power, this homesite would be perfect for those wanting a mini farm, space for a business or workshop. The main home is comprised of just over 1800 sq. feet. It features 2 bedrooms and 2 full bathrooms. Come in through the sun run that features 2 walls of windows and stunning coffered ceilings. The oversized family room is perfect for gatherings with a nook area for an office if needed. The spacious kitchen has been updated with granite countertops, hardwood floors and plenty of cabinet space. Off to the right is an oversized laundry room which also has exterior access into your carport. The 2 bedrooms are on the left side of the home. Both feature original hardwoods, with the primary bedroom featuring a newly updated en-suite. Showcasing double vanities with granite countertops and a stunning glass enclosed shower, this bathroom is luxurious. Behind the main home sit two studio apartments perfect for a in-law suite, rental income, or additional space for visiting guests plus the workshop. Both ADU's have their own entrance, kitchenette and large living spaces. The potential for this property is limitless! *pictures of the studio apts. are AFTER the exterior pictures of the main home*

Listing Agent

Maegan Watson

Keller Williams on Main License #113724 Listed on: 07/09/2025

Keller Williams on Main

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,825

Year Built

  • Built in 1951

Lot Details

  • 4 Acre Lot
  • Level Lot
  • Many Trees

Parking

  • 2 Car Garage
  • Carport
  • RV or Boat Parking

Home Design

  • Cottage
  • Architectural Shingle Roof
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Insulated Windows
  • Window Treatments
  • Great Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Loft
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer Hookup

Outdoor Features

  • Deck
  • Patio

Schools

  • Oakland Elementary School
  • Rainbow Lake Middle School
  • Boiling Springs High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,825

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • PropertySubType: Single Family Residence
  • PropertyType: Residential
  • Horses: Yes
  • ResoLaundryFeatures: 1st Floor, Walk-In, Washer Hookup
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1820
  • Architectural Style: Cottage
  • Unit Levels: One
  • Reso Patio And Porch Features: Deck
  • Reso Window Features: Insulated Windows, Window Treatments
  • Year Built: 1951
  • RoomType: Bedroom 1
  • RoomType: Bedroom 3
  • RoomType: Bedroom 4
  • RoomType: Bedroom 5
  • RoomType: Breakfast Room
  • RoomType: Deck
  • RoomType: Kitchen
  • RoomType: Living Room
  • RoomType: Primary Bedroom
  • RoomType: Other Room 2
  • RoomType: Other Room 5
  • RoomType: Patio
  • RoomType: Screened Porch
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Unfinished, Walk-Out Access
  • Interior Amenities: Cable Available, Attic Stairs Pulldown, Walk-In Closet(s), Solid Surface Counters, Bookcases
  • Spa Features: Bath
  • Full Bathrooms: 2
  • Living Area: 1820

Exterior Features

  • Exterior Features: R/V - Boat Parking
  • Roof: Architectural, Metal
  • Lot Features: Level, Pasture, Many Trees
  • Acres: 4
  • Construction Materials: HardiPlank Type, Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Carport, 2 Car Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Security: Smoke Detector(s)
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: 2 Sptbg Co
  • Middle Or Junior School: 2-Rainbow Lake Middle School

Lot Info

  • Horse Amenities: Pasture

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1825

MLS Schools

  • Elementary School: 2-Oakland
  • HighSchool: 2-Boiling Springs

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $576 $5,313 $427 $4,886
2023 $576 $5,313 $427 $4,886
2022 $473 $4,620 $352 $4,268
2021 $472 $4,620 $352 $4,268
2020 $2,786 $11,576 $2,160 $9,416
2019 $2,786 $11,576 $2,160 $9,416
2018 $2,712 $11,576 $2,160 $9,416
2017 $944 $7,512 $1,600 $5,912
2016 $950 $7,512 $1,600 $5,912
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Price Changed $475,900 -14.7% $261 / Sq Ft
07/30/2025 07/30/25 Price Changed $557,900 -5.4% $307 / Sq Ft
07/09/2025 07/09/25 For Sale $589,900 -- $324 / Sq Ft
Source: Multiple Listing Service of Spartanburg

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed $1,000 --
Quit Claim Deed $1,000 --
Deed -- None Available
Deed $16,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $59,500 New Conventional
Previous Owner $37,000 Credit Line Revolving
Source: Public Records

Source: Multiple Listing Service of Spartanburg

MLS Number: SPN326175

Multiple Listing Service of Spartanburg

APN: 2-30-00-266.00