4646 Rainbow Drive, Kannapolis, NC 28081

$311,000
3
BD
2
BA
1,782
SqFt

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Listing courtesy of Realty One Group Revolution. barry@barryaldridge.com

List Price
$311,000
MLS#
4394032
Status
ACTIVE UNDER CONTRACT
Days on Market
41
Property Type
Residential
Architectural Style
Ranch
Year Built
1962
Bedrooms
3
Bathrooms
2
Full Baths
2
Lot Size
38,332
Lot Size Area
0.88
Living Area
1,782
Sq Ft Total
1782
County
Cabarrus
Subdivision
Private Acres
Special Conditions
None

Property Description

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.

Additional Information

Fireplace
Yes
Floor Coverings
Carpet, Linoleum, Tile
Equipment
Electric Cooktop, Electric Oven, Gas Water Heater, Wall Oven
Foundation
Basement
Main Level Rooms
Primary Bedroom, Bedroom(s), Bedroom(s), Kitchen, Dining Area, Living Room, Bathroom-Full, Bathroom-Full
Laundry Location
Electric Dryer Hookup, In Basement, Washer Hookup
Heating
Baseboard, Hot Water, Natural Gas, Radiant
Water
City, County Water
Sewer
Septic Installed, Sewage Pump
Exterior Construction
Brick Full
Roof
Architectural Shingle
Parking
Driveway, Attached Garage, Garage Faces Rear, Keypad Entry
Driveway
Asphalt, Paved
Lot Description
Wooded
Elementary School
Fred Wilson
Middle School
Kannapolis
High School
A.L. Brown
Zoning
LDR
Total Property HLA
1782
Master on Main Level
Yes

Mortgage Calculator

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Calculator source: Real Geeks

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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