It's the LAND on this one! Discover timeless charm and endless potential with this estate-owned 4-sided brick ranch, nestled on a sprawling 3.66-acre lot in the heart of Decatur. This solid, well-built home offers a rare opportunity to own a private retreat with room to expand, renovate, or redevelop. This classic Mid-century Modern ranch-style residence features 3 bedrooms and 2 bathrooms, a full daylight basement, and original hardwood floors throughout most of the main level. The spacious living room is filled with natural light, while the vintage kitchen and separate dining area provide the perfect canvas for your personal touch. Enjoy peaceful mornings on the rear patio overlooking the expansive backyard, surrounded by mature trees and open green space. The full unfinished basement offers ample storage, workshop space, or potential for additional living areas or rental income. With endless possibilities, this property is ideal for homeowners, investors, or developers looking for acreage in a rapidly growing area. Located just minutes from I-285, downtown Decatur, East Atlanta, and major retail and dining, this home offers both convenience and privacy. This property is part of an Estate sale and is sold as-is. Dont miss this unique opportunity to own acreage in Decatur with solid bones and so much potential! The seller is happy to sell any furniture currently in the home. You do not want to miss this opportunity.
- MLS# 7628003
- Date Listed08/13/2025
- Bedrooms 3
- Bathrooms 2 Full baths
- Lot Size 3.66 acres (159,430 sq. ft)
- Sewer Septic Tank
- Subdivision Decatur
- Property Type Single Family
- County Dekalb
- Year Built 1955
- Water Public
Interior Features
- Appliances Electric Oven, Electric Range, Other
- Flooring Hardwood, Tile, Vinyl
- Cooling Other
- Heating Other
Exterior / Lot Features
- Exterior Courtyard, Garage(s)
- Roof Shingle
- Lot Size Acres 3.66
- Lot Size SQFT 159,429.60
- Lot Features Back Yard, Front Yard, Level, Private, Rectangular Lot
Financial Considerations
- Tax Amount $710
- Terms Cash, Conventional, FHA, VA Loan
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
Population & Environment
Source: Sperling's Best Places
13/100
Car-Dependent
Walk Score ®
19/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 22/100, Transit Score: 5/100, Bike Score: 21/100.
Property Change History
Points of Interest near 3997 Rainbow Drive, Decatur, GA 30034
Frequently Asked Questions for 3997 Rainbow Drive
Source: Realty.com
3997 Rainbow Drive, Decatur, GA 30034 is a Single Family 0 sq. ft. home listed for sale. Realty.com has 14 photos available of this 3 bed, 2 bath house, listed at $349,000. View sales and tax history, use our mortgage calculator and more on Realty.com
Realty.com has 14 photos of 3997 Rainbow Drive.
Our records indicate that 3997 Rainbow Drive was built in 1955.
The full address for this home is 3997 Rainbow Drive, Decatur, GA 30034.
3997 Rainbow Drive has been listed on Realty.com since Wed August 13, 2025
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 22/100, Transit Score: 5/100, Bike Score: 21/100.
There are 3 schools assigned to this home. Check out the schools near 3997 Rainbow Drive. Rainbow Elementary School (Grades: PK - 5), Chapel Hill Middle School (Grades: 6 - 8), Southwest Dekalb High School (Grades: 9 - 12)
Listing provided courtesy of:
Mandowa And Company
(tel: 770-330-7212)
Listing agent:
Ashley Mandowa
(tel: 770-330-7212)
(#ASHMAN)
This content last refreshed on 2026-01-31 11:43:22. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 3997 Rainbow Drive, Decatur, GA 30034 : MLS# 7628003