32500 SE Rainbow Rd, Estacada, OR 97023
Property image
Property image
OFF MARKET

$731,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,030 sqft (on 12.27 acres)

32500 SE Rainbow Rd, Estacada, OR 97023

Est. Refi. Payment $4,428/mo*
Refinance Your Home
Currently Off Market - Sold May 1, 2025 for $740,000

Home Value

Trulia Estimate
$732K
Since last month
Decreased$2K (-0.2%)
Since last year
Decreased$14K (-1.9%)
Since last sale
Decreased$8K (-1.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +82% in the last 10 years
MonthEstimated value
2026
August 2026$732K
August 2026$730K
July 2026$733K
June 2026$737K
May 2026$738K
March 2026$727K
February 2026$728K
January 2026$716K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
42885 SE Porter Rd, Estacada, OR
1.60
Single-Family Home
$774,900
09/19/25
3
2
1,632
34295 SE Rainbow Rd, Estacada, OR
0.82
Single-Family Home
$188,000
06/11/26
2
1
704
29502 SE Old Ranch Dr, Estacada, OR
1.57
Single-Family Home
$582,500
07/24/26
2
1
1,104
32901 SE Divers Rd, Estacada, OR
3.49
Single-Family Home
$725,000
06/22/26
3
2
2,860
43232 SE Kleinsmith Rd, Sandy, OR
2.83
Single-Family Home
$470,000
04/10/26
4
3
2,800
37945 SE Tumala Mountain Rd, Estacada, OR
3.57
Single-Family Home
$900,000
09/09/26
3
2
2,897
26122 SE 452nd Ave, Sandy, OR
3.31
Single-Family Home
$1,200,000
07/31/26
3
3
2,778
25751 SE Brian Ranch Rd, Sandy, OR
3.32
Single-Family Home
$905,000
01/26/26
3
2
1,572
37902 SE Porter Rd, Estacada, OR
3.37
Single-Family Home
$1,049,999
03/06/26
4
3
3,604

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
33125 SE Rainbow Rd, Estacada, OR 97023
0.24
$873,400
4
2
3,050
Off Market
33300 SE Rainbow Rd, Estacada, OR 97023
0.35
$700,600
3
1
2,252
Off Market
34295 SE Rainbow Rd, Estacada, OR 97023
0.82
$188,000
2
1
704
Recently Sold
46695 SE George Rd, Estacada, OR 97023
1.29
-
2
1
1,056
Off Market
46725 SE George Rd, Estacada, OR 97023
1.33
$869,000
5
3
2,464
For Sale
46755 SE George Rd, Estacada, OR 97023
1.37
$640,800
4
3
2,552
Off Market
SE Clausen Rd, Estacada, OR 97023
1.42
$289,000
-
-
-
For Sale
46830 SE Clausen Rd, Estacada, OR 97023
1.43
$850,000
3
2
2,916
Off Market

Local Information

  • Map ViewExplore the area around 32500 SE Rainbow Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1940
12.27 acre lot
2,030 sqft
$360/sqft
2 Car Garage

About this House

Seller Finance available on approved terms!!! Here is the opportunity to own your own family farm surrounded by 12+ acres. Enjoy sprawling pastures and onsite fruit bounty including apples, blueberries, raspberries, cherries & plums. Beautiful ranch style home with open floor plan and attractive wood accents throughout. Balcony style living room with fireplace perfect for entertaining or gathering with the family. Great property for horses. Electric fence/cross-fenced. Septic tank replaced 2020. Well tank replaced & upgraded. Large barn has brand new Air Conditioning, electrical and plumbing updates. This property has a multitude of options. Perfect setup for a rural farm with animals or convert easily to an OLCC approved Cannabis growing facility. Hard part is done at the county level with approved Land Use already in place. Barn buildout is approved and ready for your entrepreneurial finishing touches. This is a private gorgeous farm setting in a highly desirable area of the Willamette valley. Will not last!
32500 SE Rainbow Rd, Estacada, OR 97023 is a 3 bedroom, 2 bathroom, 2,030 sqft single-family home built in 1940. It last sold for $740,000 on May 1, 2025 (5% below the $780,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $731,700, with a rent estimate of $2,836/month.
Last check for updates: about 17 hours ago
Listed by Peter White
Keller Williams Realty
Bought with: Nora Cochran, (503) 457-2710, eXp Realty LLC
Source: RMLS (OR), MLS#24236648

Home Details for 32500 SE Rainbow Rd

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (partial): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 2030 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Free-Standing Refrigerator, Microwave, Range Hood, Electric Water HeaterDishwasherDisposalLaundry: Laundry RoomMicrowave
Heating & Cooling
Heating: Forced Air,Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: PropaneHas a Fireplace
Gas & Electric
Gas: Propane
Windows, Doors, Floors & Walls
Window: Vinyl FramesFlooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
View
Has a ViewView: Trees/Woods, Valley

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: DeckFencing: Cross Fenced, FencedOther Structures: Barn, WorkshopExterior: Fire PitFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Driveway,Attached
Frontage
Road Frontage: Private RoadRoad Surface Type: Gravel
Water & Sewer
Sewer: Septic Tank

Days on Market

Cumulative Days on Market: 7

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Custom Style,Ranch
Building
Construction Materials: OtherNot a New ConstructionNot Attached Property
Property Information
Condition: UnknownParcel Number: 00962140

Price & Status

Price
List Price: $780,000
Status Change & Dates
Off Market Date: Tue Apr 01 2025

Location

Direction & Address
City: Estacada
School Information
Elementary School: River MillJr High / Middle School: EstacadaHigh School: Estacada

Building

Building Area
Building Area: 2030 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 12.27 Acres

Offer

Listing Terms: Cash, Contract, Conventional, FHA

Miscellaneous

Mls Number: 24236648Attribution Contact: #AGENT_PHONE

Price and Tax history

DateEventPrice
May 1, 2025
Source: RMLS (OR) #24236648
Sold
$740,000
Apr 7, 2025
Source: RMLS (OR) #24236648
Pending
$780,000
Jan 9, 2025
Source: RMLS (OR) #24236648
Listed For Sale
$780,000
Jul 30, 2021
Source: RMLS (OR) #21538537
Sold
$740,000
Jun 26, 2021
Source: RMLS (OR) #21538537
Pending
$725,000

Market trends in Estacada

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
62
10MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Estacada

At least 34 Trulia users voted on each feature.

  • 89 % Say parking is easy

  • 82 % Say it's dog friendly

  • 82 % Say there's holiday spirit

  • 80 % Say yards are well-kept

  • 78 % Say car is needed

  • 68 % Say it's walkable to restaurants

  • 66 % Say it's walkable to grocery stores

  • 65 % Say there's wildlife

  • 64 % Say there are sidewalks

  • 63 % Say kids play outside

  • 60 % Say it's quiet

  • 59 % Say streets are well-lit

  • 58 % Say people would walk alone at night

  • 58 % Say neighbors are friendly

  • 58 % Say they plan to stay for at least 5 years

  • 47 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • James D.
    "I don't know about unique but it's quiet and friendly. People are kind and courteous to other here more than most other towns. "
    0
    Flag
  • SeekingaDream
    "Mostly people love dogs and pets everywhere here. Just not inside the stores. People like to bring dogs to youth sporting events. "
    0
    Flag
  • John A. K. M.
    "Great area to walk, outdoors, wildlife, lakes, reservoirs. Hiking, biking, camping. True country feeling. "
    0
    Flag
  • Greenemnt84
    "Nice neighborhood. Clean with lots of nice family’s. Quite in the evenings. Nice small community stores close by. "
    1
    Flag
  • John A. K. M.
    "Nice friendly area, with great sidewalks and little traffic. There are two dog friendly parks in the area."
    0
    Flag
  • Lauri
    "Timber festival, community parades, farmers market, other community events. Not interested in sharing more at this time."
    0
    Flag
  • jeffandlisaheiple
    "It is quite beautiful down this street. Like going back in time. If you like the closeness of city convenience but desire that rural living feel this is it."
    0
    Flag
  • Margaret O. b.
    "nice place to live. beautiful area, filled with trees and nature"
    0
    Flag

LGBTQ Local Legal Protections

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-09-13 00:44:16 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently asked questions about 32500 SE Rainbow Rd

  • What is 32500 SE Rainbow Rd estimated to be worth?
    Trulia's estimated value for 32500 SE Rainbow Rd in Estacada, OR is $731,700.
  • What is the price history for 32500 SE Rainbow Rd?
    32500 SE Rainbow Rd in Estacada, OR last sold for $740,000 in May 2025.
  • Is Estacada a buyer's or seller's market?
    Estacada is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Estacada?
    Residents describe Estacada, OR as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Estacada, OR.
  • Does 32500 SE Rainbow Rd have air conditioning?
    Yes, 32500 SE Rainbow Rd in Estacada, OR has air conditioning.
  • Does 32500 SE Rainbow Rd have laundry facilities?
    Yes, 32500 SE Rainbow Rd in Estacada, OR has laundry facilities.

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