511 Rainbow Dr
Madison, AL 35758
- 6 Beds
- 4.5 Baths
- 5,081 sqft (on 1.56 acres)
6 Beds
4.5 Baths
5,081 sqft
(on 1.56 acres)
Local Information
-- mins to
Description
WELCOME HOME to this UPDATED, 6 bedroom retreat on 1.56 acres atop scenic Rainbow Mountain in MADISON CITY. Grand living room with a wall of windows, real hardwood floors, overlooking the trees and new deck. Well appointed eat-in kitchen, Primary bedroom on the main level with remodeled bathroom and large shower! 3 bedrooms upstairs, NO CARPET, all new hardwood flooring, walk in attic and lots of closets. WALK OUT BASEMENT with a 2nd KITCHEN, living room, 2 BEDROOMS, full bath, exercise room, and tons of storage areas. EV plug in the garage. ROOF 2020, gutters 2020, HVAC 2012,2020, Tankless H20 heater, exterior paint 2024. Walking trail at the end of the street and Rainbow Mnt. Park.
511 Rainbow Dr, Madison, AL 35758 is a 6 bedroom, 5 bathroom, 5,081 sqft single-family home built in 1987. It last sold for $764,000 on Jul 21, 2025 (4% below the $799,900 asking price). More recently, it was listed as a rental in August 2025 with an asking price of $3,300 per month. That rental listing was removed on September 2, 2025. It is currently off market. The Trulia Estimate is $780,000, with a rent estimate of $4,744/month.
Home Highlights
Parking
Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 511 Rainbow Dr
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Interior Details Basement: BasementNumber of Rooms: 17Types of Rooms: Master Bedroom, Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Master Bathroom, Dining Room, Kitchen, Living Room, Office, Laundry Room |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 5Number of Bathrooms (full): 4Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 5081 Square Feet |
Appliances & Utilities Appliances: Double Oven, Dishwasher, Tankless Water Heater, Gas CooktopDishwasher |
Heating & Cooling Heating: Central 2,ElectricHas CoolingAir Conditioning: Central 2,ElectricHas HeatingHeating Fuel: Central 2 |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Gas Log, OneHas a Fireplace |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
View No View |
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Exterior Home Features Patio / Porch: Covered Porch, Deck, Front Porch |
Parking & Garage GarageParking: Garage-Two Car,Garage-Attached,Garage Door Opener,Garage Faces Side,Driveway-Concrete |
Water & Sewer Sewer: Septic Tank |
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Year Built Year Built: 1987 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New ConstructionNot Attached Property |
Property Information Parcel Number: 1508270004048000 |
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Price List Price: $799,900 |
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MLS Status: Sold |
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Direction & Address City: MadisonCommunity: Rainbow Mountain Heights |
School Information Elementary School: Rainbow ElementaryJr High / Middle School: DiscoveryHigh School: Bob Jones |
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No HOA |
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Lot Area: 1.56 Acres |
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Energy Efficiency Features: Tank-less Water Heater |
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BasementMls Number: 21886573 |
Last check for updates: about 9 hours ago
Listed by Kathy Passon, (256) 509-9241
Matt Curtis Real Estate, Inc.
Bought with: Kathy Passon, (256) 509-9241, Matt Curtis Real Estate, Inc.
Source: ValleyMLS, MLS#21886573

Price History for 511 Rainbow Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 09/02/2025 | $2,950 | ListingRemoved | ValleyMLS #21895615 |
| 08/28/2025 | $2,950 | PriceChange | ValleyMLS #21895615 |
| 08/24/2025 | $3,100 | PriceChange | ValleyMLS #21895615 |
| 08/01/2025 | $3,300 | Listed For Rent | ValleyMLS #21895615 |
| 07/21/2025 | $764,000 | Sold | ValleyMLS #21886573 |
| 06/23/2025 | $799,900 | Pending | ValleyMLS #21886573 |
| 06/11/2025 | $799,900 | PriceChange | ValleyMLS #21886573 |
| 05/17/2025 | $854,000 | PriceChange | ValleyMLS #21886573 |
| 04/18/2025 | $864,000 | Listed For Sale | ValleyMLS #21886573 |
| 08/28/2019 | $383,000 | Sold | ValleyMLS #1122327 |
| 06/30/2019 | $335,000 | Pending | Agent Provided |
| 06/28/2019 | $335,000 | Listed For Sale | Agent Provided |
Market trends in Madison
Last updated May 2026
Avg. sale price
$353K
$16.67KMoM
Sale-to-List Price
99.1%
0.1%MoM
Price per sq ft
$170
$3MoM
Available listings
526
26MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,488 |
| Assessment | $507,300 |
Home facts updated by county records
Comparable Sales for 511 Rainbow Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Single-Family Home | $755,000 | 08/11/25 | 5 | 3.5 | 5,181 | |
0.30 | Single-Family Home | $681,000 | 01/15/26 | 4 | 4 | 4,468 | |
0.17 | Single-Family Home | $570,000 | 09/05/25 | 3 | 2.5 | 2,812 | |
0.64 | Single-Family Home | $885,000 | 04/13/26 | 5 | 4.5 | 4,820 | |
0.39 | Single-Family Home | $380,000 | 04/01/26 | 3 | 3.5 | 3,469 | |
0.50 | Single-Family Home | $600,000 | 08/21/25 | 4 | 2.5 | 3,242 | |
0.16 | Single-Family Home | $485,000 | 01/02/26 | 3 | 2 | 2,745 | |
0.67 | Single-Family Home | $792,635 | 04/14/26 | 4 | 4 | 4,299 | |
0.31 | Single-Family Home | $475,000 | 06/15/26 | 4 | 4 | 2,706 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 511 Rainbow Dr.
What Locals Say about Madison
At least 476 Trulia users voted on each feature.
93 % Say car is needed
90 % Say it's dog friendly
84 % Say parking is easy
80 % Say yards are well-kept
79 % Say there are sidewalks
74 % Say there's holiday spirit
73 % Say it's quiet
71 % Say kids play outside
66 % Say people would walk alone at night
64 % Say streets are well-lit
54 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
44 % Say there's wildlife
31 % Say there are community events
28 % Say it's walkable to grocery stores
23 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 511 Rainbow Dr
Off Market Homes Near 511 Rainbow Dr

Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Copyright 2026 Valley MLS
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Copyright 2026 Valley MLS

