4646 Rainbow Drive, Kannapolis, NC 28081
Local realty services provided by:Better Homes and Gardens Real Estate Integrity Partners
Listed by: barry aldridge
Office: realty one group revolution
MLS#:4394032
Source:CH
4646 Rainbow Drive,Kannapolis, NC 28081
$311,000
- 3 Beds
- 2 Baths
- 1,782 sq. ft.
- Single family
- Active
Price summary
- Price:$311,000
- Price per sq. ft.:$174.52
About this home
Nestled on a picturesque 0.88-acre lot shaded by majestic mature oak trees, this charming and well-maintained 3-bedroom, 2-bath mid-century ranch has HUGE potential with a 1800+ sq ft unfinished basement. The property boasts exceptionally fertile soil and abundant year-round sunshine, creating an ideal setting for gardening enthusiasts. The previous owner cultivated a highly productive garden, and the expansive sunny acreage provides ample opportunity to continue that tradition while enjoying seasonal harvests from the established trees (pecan and fig).
A standout feature of the home is the enormous unfinished basement, offering incredible potential for customization and expansion. Already equipped with a functional double sink and a plumbed full bathroom, the basement mirrors the home's main-level footprint and is well-suited for conversion into a private guest suite, workshop, or income-producing rental. With its own private exterior entrance and natural light streaming through multiple above-grade windows along the west side of the home, this versatile space is ideal for multi-generational living, hobbyists, or future investment opportunities.
In addition to the main living room, this home features a second living area (not pictured) adjacent to the kitchen (currently labeled as the "dining room" in the measurements). The space used for formal dining is located between the living room and kitchen, just above the basement entrance. New roof and gutters 2024, new gas water heater 2026. Septic is permitted for 3 bathrooms if buyer(s) were to finish out basement....
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Home facts
- Year built:1962
- Listing ID #:4394032
- Updated:June 18, 2026 at 11:58 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Linoleum, Tile
- Kitchen Description:Electric Cooktop, Electric Oven, Wall Oven
- Basement:Yes
- Living area:1,782 sq. ft.
Heating and cooling
- Heating:Baseboard, Natural Gas, Radiant
- Central air:Yes
Structure and exterior
- Year built:1962
- Building area:1,782 sq. ft.
- Lot area:0.88 Acres
- Lot Features:Wooded
- Architectural Style:Ranch
- Foundation Description:Basement
- Levels:1 Story
Schools
- High school:A.L. Brown
- Elementary school:Fred Wilson
Utilities
- Water:County Water
- Sewer:Septic (At Site)
Finances and disclosures
- Price:$311,000
- Price per sq. ft.:$174.52
Features and amenities
- Laundry features:In Basement
Parking
- Parking description:Attached Garage, Driveway, Keypad Entry
- Garage:Yes
- Garage spaces:2
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