$565,000
NEW CONSTRUCTION $54K PRICE DROP

847 Rainbow Dr Gadsden, AL 35901

Gadsden Area

Estimated payment $3,668/month

Total Views 2,503
3 Beds
2.5 Baths
2,200 Sq Ft
$257 Price per Sq Ft

Highlights

  • 109 Feet of Waterfront
  • Lake View
  • Freestanding Bathtub
  • New Construction
  • Deck
  • Vaulted Ceiling

About This Home

Experience turnkey waterfront living in this brand-new 3-bedroom, 2.5-bath custom home on the shores of beautiful Lake Neely Henry. Offering approximately 2,200 square feet of thoughtfully designed living space, the open-concept layout features a spacious living room with vaulted ceilings and abundant natural light, a luxurious kitchen with premium quartzite countertops and a full stainless appliance package. The spa-inspired primary suite includes a standalone soaking tub and oversized walk-in shower. A convenient half bath on the main level serves guests. Upstairs, two bedrooms including a bunk room offer privacy and flexibility. A premium Speed Queen washer and dryer complete the package. Move in and enjoy peaceful lake views.

Listing Agent

Stephanie Megois

Keller Williams-Gadsden Listed on: 06/15/2026

Keller Williams-Gadsden

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2026 | New Construction

Lot Details

  • 16,117 Sq Ft Lot
  • 109 Feet of Waterfront

Parking

  • Attached Garage
  • Front Facing Garage

Home Design

  • Brick Exterior Construction
  • HardiePlank Type

Interior Spaces

  • Vaulted Ceiling
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Electric Fireplace
  • French Doors
  • Living Room with Fireplace
  • Lake Views
  • Stone Countertops
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Freestanding Bathtub
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Schools

  • John S Jones Elementary School
  • Rainbow Middle School
  • Southside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic System

Additional Features

  • Deck
  • Flood Zone Lot

Listing and Financial Details

  • Tax Lot 18

Home Details

Home Type

Single Family

Year Built

Built in 2026 | New Construction

Lot Details

0.37 Acres

Parking

2

Listing Details

  • Down Payment Assistance: Yes
  • Property Type: Residential
  • Flood Plain: Y
  • Year Built: 2026
  • Property Sub Type: Single Family Residence
  • LotSizeAcres: 0.37
  • Water Body Name: NEELY HENRY
  • Co List Office Mls Id: OFF2478
  • Directions: Take I-59 north, get of at the Steele Exit, turn right onto Steele Station Rd, turn right onto Pleasant Valley Rd, right on to Rainbow Haven, house is on the left.
  • Above Grade Finished Sq Ft: 2200.0
  • Year Built Details: New Complete
  • DecksYN: Y
  • DECK: Covered (DECK),Open (DECK)
  • GardenPatioStyleYN: No
  • HistoricRegisterYN: No
  • LogHomeYN: No
  • PatioYN: No
  • SplitFoyerYN: No
  • TriLevelYN: No
  • UndergroundUtilsYN: No
  • SplitLevelYN: No
  • LOTVIEW517: Lake/Water View
  • CEILING: Cathedral/Vaulted,Crown Molding
  • SystemPrice: 565000
  • Special Features: 4098

Interior Features

  • Interior Amenities: Recess Lighting
  • Fireplace Location: Living Room (FIREPL)
  • Fireplace Type: Electric (FIREPL)
  • Room 1: Living
  • Room 2: Kitchen
  • Room 3: Master Bedroom
  • Room 4: Bedroom
  • Room 5: Bedroom
  • Room 6: Bonus
  • Kitchen Equipment: Cooktop-Electric,Dishwasher Built-In,Microwave Built-In,Refrigerator
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL),Laundry (UPLVL)
  • Laundry Space: Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Insert
  • Fireplaces: 1
  • AtticYN: Y
  • KITCHENFEATURE: Island,Pantry
  • KITCHENCOUNTERTOP: Stone (KIT)
  • BEDBATHFEATURE: Garden Tub,Separate Shower,Walk-In Closets
  • Main Level Sq Ft: 1200
  • Upper Level Sq Ft: 1000

Exterior Features

  • Exterior Features: None
  • Waterfront Frontage: 109
  • Water Heater: Electric (WTRHTR)
  • Waterfront: Yes
  • Construction Type: 1 Side Brick, HardiPlank Type
  • Property Condition: New Construction
  • PoolYN: No

Garage/Parking

  • Garage Entry Location: FRNT
  • Parking Features: Attached

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Water: Public Water
  • HVAC Area: 2200
  • Sewer: Septic

Fee Information

  • Fire Fee: N
  • Garbage Fee: N
  • Library Fee: No

Schools

  • High School: SOUTHSIDE
  • Elementary School: JOHN S JONES
  • Middle Or Junior School: RAINBOW

Lot Info

  • Lot View: Yes

Tax Info

  • Tax District: RAINBOW CI
  • Tax Lot: 18

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/24/2026 07/24/26 Price Changed $565,000 -1.7% $257 / Sq Ft
07/10/2026 07/10/26 Price Changed $575,000 -4.0% $261 / Sq Ft
06/23/2026 06/23/26 Price Changed $599,000 -3.2% $272 / Sq Ft
06/15/2026 06/15/26 For Sale $619,000 -- $281 / Sq Ft
Source: Greater Alabama MLS

Source: Greater Alabama MLS

MLS Number: 21456149

Greater Alabama MLS
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