$385,000
$65K PRICE DROP

5626 Rainbow Dr Helena, MT 59602

Estimated payment $2,172/month

Total Views 12,931
2.34 Acres
$164,530 Price per Acre
101,930 Sq Ft Lot

About This Lot

2.34-Acre Lot with Stunning Lake & Mountain Views. Perched at the highest point of the desirable Settlers’ Cove neighborhood, this 2.34 acre lot offers breathtaking lake and mountain views in a peaceful, private setting. Located on the east side of Hauser Lake. This ready-to-build lot is already equipped with a well, septic system, and electricity, making it the perfect foundation for your dream home. With quick access to Highway 15, you’ll enjoy both seclusion and convenience—offering the best of Montana living. Don’t miss this rare opportunity to own a prime piece pf land in Settlers’ Cove!

Listing Agent

Molly Holahan

Engel & Völkers Western Frontier - Helena License #RRE-BRO-LIC-99517 Listed on: 02/03/2025

Engel & Völkers Western Frontier - Helena

Co-Listing Agent

Shae Counts

Engel & Völkers Western Frontier - Helena License #RRE-RBS-LIC-120890

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,783

Lot Details

  • 2.34 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05199618401420000

Property Details

Property Type

Land

Est. Annual Taxes

$1,783

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Property Type: Land
  • Directions: Turn off Hauser Dam Rd/Lake Helena Dr onto Pelican Rd, then left on Rainbow Dr, drive to lot is up the road 1 mile on the left. Up the hill next to the further house on the left side of Rainbow Dr. To the left of the lot with shop an trailer on it.
  • Listing I D: 30039671
  • Lot Size Acres: 2.34
  • Road Surface Type: Asphalt
  • Co List Office Phone: 406-422-1113
  • Carport Y N: No
  • Garage Yn: No
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

  • Waterfront: No

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 101930.0
  • Parcel #: 05199618401420000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1783.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2025 $950 $216,014 $0 $0
2024 $1,571 $196,184 $0 $0
2023 $1,777 $196,184 $0 $0
2022 $1,340 $120,246 $0 $0
2021 $1,117 $120,246 $0 $0
2020 $1,186 $101,910 $0 $0
2019 $1,195 $101,910 $0 $0
2018 $753 $54,886 $0 $0
2017 $458 $54,886 $0 $0
2016 $572 $45,880 $0 $0
2015 $391 $45,880 $0 $0
2014 $971 $62,428 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Price Changed $385,000 -14.4% --
02/03/2025 02/03/25 For Sale $450,000 -- --
Source: Montana Regional MLS

Source: Montana Regional MLS

MLS Number: 30039671

Montana Regional MLS

APN: 05-1996-18-4-01-42-0000