$1,450,000
- 4 Beds
- 3 Baths
- 3,786 sqft (on 1 acre)
5510 Rainbow Dr, Helena, MT 59602
Home Highlights
Single-Family Home
Built in 1994
1 acre lot
$383/sqft
4 Car Garage
HOA $17/mo
Local Information
-- mins to
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!
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
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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 |
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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 |
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Days on Market: <1 day on Trulia |
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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 |
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Price List Price: $1,450,000Price Per Sqft: $383 |
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MLS Status: Active |
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Direction & Address City: Helena |
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Listing Agent Listing ID: 30078966 |
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Building Area Building Area: 3786 Square Feet |
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Not Senior Community |
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HOA Fee Includes: Common Area MaintenanceHOA Name: Settlers Cove Landowners AssociationHas an HOAHOA Fee: $200/Annually |
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Lot Area: 1 Acres |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Agency |
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BasementMls Number: 30078966Living Area Range Units: Square FeetWater ViewWater View |
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HOA Amenities: Cabana,Picnic Area,Park |
Around this home
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.
Market trends in Helena
Last updated August 2026
Avg. sale price
$508K
$3.48KMoM
Sale-to-List Price
—
Price per sq ft
$259
$3MoM
Available listings
307
6MoM
Home Value
Trulia Estimate
$795KSince 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
| Month | Estimated 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
| Date | Event | Price |
|---|---|---|
Sep 25, 2026 Source: MRMLS #30078966 | Listed For Sale | $1,450,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,446 | $886,100 |
Home facts updated by county records
LGBTQ Local Legal Protections
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.

