5510 Rainbow Dr, Helena, MT 59602
Property image
Property image
FOR SALE
NEW - 15 HRS AGO
1 ACRE

$1,450,000

  • 4 Beds
  • 3 Baths
  • 3,786 sqft (on 1 acre)

5510 Rainbow Dr, Helena, MT 59602

Helena Valley Northeast

Home Highlights

Single-Family Home
Built in 1994
1 acre lot
$383/sqft
4 Car Garage
HOA $17/mo

Local Information

  • Map ViewExplore the area around 5510 Rainbow Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Incredible viewsPrivate dock accessMature landscaping
A rare opportunity just steps from Hauser Lake! Located within approximately 100 yards of the lake with private dock access, this one-owner Montana property offers incredible views, abundant space, and exceptional versatility. The approximately 3,100 sq. ft. three-story main home features 3 bedrooms, 3 bathrooms, spacious front and back decks, and a loft providing additional living or sleeping space. The flexible floor plan also offers opportunities to create additional rooms. An attached 2-car climate-controlled garage adds year-round convenience.

The property is truly a hunter’s dream, featuring an oversized detached 2-car garage with a walk-in cooler and dedicated game-processing room. Meat-processing equipment is not included but may be negotiable.

Built within the last five years, the additional 30x40 shop offers approximately 600 sq. ft. of shop space plus approximately 600 sq. ft. of finished living space with 1 bedroom and 1 bathroom. The space is plumbed and ready for a kitchen, making it ideal for guest quarters, a mother-in-law suite, or its current use as the ultimate man cave.

Enjoy mature landscaping, incredible Montana views, and close proximity to recreation at Hauser Lake. The home has also been successfully used as a VRBO with an established rental history, providing potential for continued income use. Furnishings are negotiable. This special property has had just one owner and has never before been offered for sale. A true Montana dream property and a must-see!

Contact your Sam Yearry or your real estate agent today for a showing!
Last check for updates: about 6 hours ago
Listing courtesy of Samantha Yearry, (406) 202-4022
Coldwell Banker Mountainside Realty
Source: MRMLS, MLS#30078966
Also Listed on MRMLS.

Home Details for 5510 Rainbow Dr

Interior Features

Interior Details
Basement: Walk-Out Access
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 3786 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, PropaneAppliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener, Water Purifier, WasherDishwasherDisposalDryerLaundry: Washer HookupMicrowaveRefrigeratorWasher
Fireplace & Spa
No Fireplace
View
Has a ViewView: Lake

Exterior Features

Exterior Home Features
Patio / Porch: Deck, Front Porch, PatioFencing: Back Yard, Chain LinkExterior: Propane Tank - LeasedFoundation: See RemarksNo Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Garage Attached
Frontage
Waterfront: Lake, Water AccessRoad Frontage: Private RoadRoad Surface Type: Asphalt
Water & Sewer
Sewer: Private Sewer, Septic TankWater Body: Hauser Lake

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1994
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New Construction
Property Information
Parcel Number: 05199618303050000

Price & Status

Price
List Price: $1,450,000Price Per Sqft: $383

Active Status

MLS Status: Active

Location

Direction & Address
City: Helena

Agent Information

Listing Agent
Listing ID: 30078966

Building

Building Area
Building Area: 3786 Square Feet

Community

Not Senior Community

HOA

HOA Fee Includes: Common Area MaintenanceHOA Name: Settlers Cove Landowners AssociationHas an HOAHOA Fee: $200/Annually

Lot Information

Lot Area: 1 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Agency

Miscellaneous

BasementMls Number: 30078966Living Area Range Units: Square FeetWater ViewWater View

Additional Information

HOA Amenities: Cabana,Picnic Area,Park

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Helena Valley Northeast

At least 6 Trulia users voted on each feature.
  • 100 % Say there's holiday spirit

  • 100 % Say it's dog friendly

  • 100 % Say yards are well-kept

  • 90 % Say car is needed

  • 75 % Say it's quiet

  • 67 % Say kids play outside

  • 67 % Say parking is easy

  • 63 % Say they plan to stay for at least 5 years

  • 63 % Say people would walk alone at night

  • 53 % Say neighbors are friendly

  • 38 % Say streets are well-lit

  • 38 % Say there's wildlife

  • 36 % Say there are community events

  • 22 % Say it's walkable to grocery stores

  • 11 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Mary E. S.
    "15 miles from town, 4 miles to the closest gas station. Need to own a vehicle. There is no public transportation. "
  • Rw Lovell
    "Helena is a great city with an active sports community, some of the best fishing in the country, skiing, cycling and hunting. People get along and neighbors are friendly. Needs more public transit and infrastructure planning to handle growth."
  • P40E_Warhawk
    "The Pleasant Valley Estates is just that, pleasant. The estates have the perfect feel of out of town but in just 3 min you can be right in the heart of shopping for any and all of your needs. The general feel around the subdivision is middle class, relaxed, and family friendly. With the new interstate access being put it you can literally get anywhere within 10 min with low-no traffic and about 15min at rush depending on the route you take. All-in-all a great place to retire, start a family and/or raise a family."
  • Karina C.
    "If you are looking for an uncrowded getaway this is it! Close to town yet very private."

Market trends in Helena

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$508K
$3.48K
MoM
Sale-to-List Price
—
Price per sq ft
$259
$3
MoM
Available listings
307
6
MoM

Home Value

Trulia Estimate
$795K
Since last month
Decreased$12K (-1.5%)
Since last year
Decreased$15K (-1.9%)
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 +103% in the last 10 years
MonthEstimated value
2026
September 2026$789K
August 2026$801K
July 2026$799K
June 2026$807K
May 2026$822K
April 2026$806K
March 2026$787K
February 2026$769K
January 2026$772K
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
0.25
Single-Family Home
-
02/10/26
5
3
3,307
0.72
Single-Family Home
-
04/10/26
4
2.5
2,842
0.91
Single-Family Home
-
02/27/26
5
3
4,300
0.88
Single-Family Home
-
05/07/26
3
3
2,197
0.95
Single-Family Home
-
11/24/25
6
3
3,366
1.18
Single-Family Home
-
04/06/26
6
3
4,704
1.09
Single-Family Home
-
12/12/25
4
3.5
4,929
1.36
Single-Family Home
-
11/07/25
6
4
4,422
1.35
Single-Family Home
-
06/30/26
3
2
2,304
1.60
Single-Family Home
-
08/06/26
3
2
2,026

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
0.03
$541,400
3
2
1,236
Off Market
0.18
$865,500
3
2.5
4,138
Off Market
0.18
$833,500
4
3.5
3,256
Off Market
0.25
-
5
3
3,307
Recently Sold
0.36
$1,485,900
4
3
3,312
Off Market
0.37
$385,000
-
-
-
For Sale
0.59
-
-
-
-
Off Market
0.67
$867,000
3
3
2,104
Off Market
0.69
-
-
-
-
Off Market
0.63
$1,161,500
5
3
5,132
Off Market
0.72
-
4
2.5
2,842
Recently Sold

Price and Tax history

DateEventPrice
Sep 25, 2026
Source: MRMLS #30078966
Listed For Sale
$1,450,000

LGBTQ Local Legal Protections

Samantha Yearry, Coldwell Banker Mountainside Realty
Agent Phone: (406) 202-4022
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 5510 Rainbow Dr

  • What is the estimated monthly payment for 5510 Rainbow Dr?
    Based on a $1,450,000 list price with 20% down at today's rates, the estimated monthly payment for 5510 Rainbow Dr in Helena, MT is approximately $9,159 (about $8,129 principal & interest, $955 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5510 Rainbow Dr compare to homes in Helena?
    5510 Rainbow Dr in Helena, MT is listed at $1,450,000, about 185% above the $508K median sale price in Helena.
  • What do residents say about the Helena Valley Northeast neighborhood?
    Residents describe the Helena Valley Northeast neighborhood in Helena, MT as dog-friendly, well-kept, and quiet. Most residents say you need a car. See homes for sale in Helena Valley Northeast, Helena.
  • What are the closest schools to 5510 Rainbow Dr?
    The closest schools to 5510 Rainbow Dr in Helena, MT are C R Anderson Middle School (rated 7/10), Capital High School (rated 7/10), Jim Darcy School (Pre-K/Elementary, rated 6/10).
  • Does 5510 Rainbow Dr have laundry facilities?
    Yes, 5510 Rainbow Dr in Helena, MT has in-unit laundry.
  • Does 5510 Rainbow Dr have a yard?
    Yes, 5510 Rainbow Dr in Helena, MT has a yard.
5510 Rainbow Dr, Helena, MT 59602 is a 4 bedroom, 3 bathroom, 3,786 sqft single-family home built in 1994. 5510 Rainbow Dr is located in Helena Valley Northeast, Helena. This property is currently available for sale and was listed by MRMLS on Sep 25, 2026. The MLS # for this home is MLS# 30078966.