550 Rainbow Rd
Advance, NC 27006
- 3 Beds
- 2.5 Baths
- 3,087 sqft (on 16.38 acres)
3 Beds
2.5 Baths
3,087 sqft
(on 16.38 acres)
Local Information
-- mins to
Description
Country Splendor! A winding drive, woodsy privacy, bridge & stream lead to a comfortable farm home amidst gorgeous pasture land. This 16.38 acre sanctuary invites horses, gardening, outdoor recreation & a lifestyle of leisure & relaxation. Custom built w/one owner, the l-l/2 story features a main level Master Suite, Office & Mud Room with a back staircase to the Bonus Room. Outstanding renovations over the past 10 years include roof, deck, kitchen, baths,tankless water heater, etc. Dream No More!
550 Rainbow Rd, Advance, NC 27006 is a 3 bedroom, 3 bathroom, 3,087 sqft single-family home built in 1988. It last sold for $510,000 on Jan 25, 2018. It is currently off market. The Trulia Estimate is $832,200, with a rent estimate of $2,345/month.
Home Highlights
Parking
Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 550 Rainbow Rd
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Interior Details Basement |
Heating & Cooling Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Appliances & Utilities Cable ReadyDishwasher |
Fireplace & Spa FireplaceJetted Bath Tub |
Levels, Entrance, & Accessibility Floors: Tile, Carpet, Hardwood, Laminate |
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Exterior Home Features Roof: AsphaltDeckExterior: VinylFoundation Type: ConcretePorch |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1988Year Updated: 1988 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 16.38 acres |
Price History for 550 Rainbow Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 01/25/2018 | $510,000 | Sold | Triad MLS #845305 |
| 08/08/2017 | $559,900 | Listed For Sale | Agent Provided |
| 01/26/2017 | $510,000 | Sold | N/A |
Market trends in Advance
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
59
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,041 |
| Assessment | $503,140 |
Home facts updated by county records
Comparable Sales for 550 Rainbow Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.35 | Single-Family Home | $700,000 | 08/12/25 | 4 | 3 | 2,841 | |
0.54 | Single-Family Home | $683,000 | 11/25/25 | 3 | 3 | 2,190 | |
0.52 | Single-Family Home | $335,000 | 01/14/26 | 3 | 2 | 1,805 | |
0.59 | Single-Family Home | $350,000 | 04/27/26 | 4 | 3 | 2,285 | |
0.95 | Single-Family Home | $595,000 | 07/14/25 | 4 | 2.5 | 2,727 | |
1.04 | Single-Family Home | $575,900 | 01/09/26 | 4 | 3 | 3,047 | |
0.99 | Single-Family Home | $565,000 | 04/28/26 | 4 | 3 | 2,647 | |
1.00 | Single-Family Home | $579,900 | 03/24/26 | 4 | 3 | 2,704 | |
1.04 | Single-Family Home | $560,000 | 12/19/25 | 4 | 3 | 2,704 | |
0.89 | Single-Family Home | $280,000 | 02/17/26 | 3 | 3 | 1,688 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 550 Rainbow Rd.
What Locals Say about Advance
At least 36 Trulia users voted on each feature.
100 % Say car is needed
86 % Say parking is easy
84 % Say yards are well-kept
83 % Say it's quiet
81 % Say there's holiday spirit
74 % Say it's dog friendly
73 % Say they plan to stay for at least 5 years
70 % Say people would walk alone at night
66 % Say kids play outside
63 % Say there's wildlife
60 % Say neighbors are friendly
41 % Say there are community events
37 % Say streets are well-lit
34 % Say there are sidewalks
16 % Say it's walkable to grocery stores
12 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
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