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322 Rainbow Lake Drive

Dawsonville, GA 30534

3 beds
1 bath
2,540 sqft
~1 acre lot
$72 per sqft
1945 build
– on site

Welcome to 322 Rainbow Lake Drive. Nestled on 1+ acre of peaceful, wooded land, this hidden gem offers the perfect opportunity to create your dream retreat. Surrounded by mature trees and natural beauty, the property provides privacy, space, and a quiet escape from the hustle and bustle-while still being conveniently located to town amenities. With over 1400 square feet and over 1,000 square feet in unfinished basement, plus an oversized shed that can be converted into a tiny home for rental income. This home has had a successful rental history and is being sold as-is. The home itself is a true fixer-upper, ready for your vision and renovation skills. With solid bones and an unfinished basement, this property is an ideal canvas for investors, DIYers, or anyone looking to build equity through restoration. Whether you choose to remodel the existing structure or start fresh, the possibilities are endless. Enjoy the sound of birdsong, the azaleas blossoming, the shade of towering trees, and the potential to turn this rustic setting into a one-of-a-kind home. Don't miss this rare chance to own a slice of wooded paradise with room to grow. Priced to sell! This won't last long.

Listing courtesy of GAMLS / Marsha Freeman / Coldwell Banker Realty

Last checked: Checking… • Last updated May 8, 2025 •

MLS# 10512975 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1945
Construction Materials:

Block, Wood Siding
Architectural Style:

Ranch
Structure Type:

House
Roof:

Other
Foundation Details:

Block
Levels:

One
Basement:

None
Total Finished Area:

2540
Above Grade Finished:

1474
Below Grade Finished:

1066
Living Area Source:

Public Records
Common Walls:

No Common Walls

Interior

Interior Features:

Other
Flooring:

Carpet
Rooms:

Laundry, Other

Financial & Terms

Home Warranty:

No
Possession:

Close Of Escrow

Location

Latitude:

34.442803
Longitude:

-84.192548

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Resale
Lot Features:

Other
Lot Size Acres:

1.12
Lot Size Source:

Public Records
Parcel Number:

055 043
Leased Land:

No
Vegetation:

Wooded
Waterfront Footage:

No

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$1,715

Beds

Bedrooms:

3
Bed Main:

3

Baths

Full Baths:

1
Main Level Full Baths:

1

Heating & Cooling

Heating:

Central
Cooling:

Electric

Utilities

Utilities:

Electricity Available
Sewer:

Septic Tank
Water Source:

Well

Appliances

Appliances:

Other
Laundry Features:

Other

Schools

Elementary School:

Robinson
Elementary Bus:

Yes
Middle School:

Dawson County
Middle School Bus:

Yes
High School:

Dawson County
High School Bus:

Yes

The Community

Subdivision:

None
Community Features:

None
Association:

No
Association Fee Includes:

None

Parking

Parking Features:

Carport
Parking Total:

2

Extra Units

Other Structures:

Shed(s)

Monthly cost estimate

Asking price

$185,000

Expense	Monthly cost
Mortgage	$990
Taxes	$142
Insurance	$50
Utilities	$213 See report
Total	$1,395/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price
5/8/25 May 8, 2025	Pending	GAMLS	$185,000
5/7/25 May 7, 2025	Relisted	GAMLS	$185,000
5/5/25 May 5, 2025	Pending	GAMLS	$185,000

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This house located in GA 30534 is currently pending sale for $185,000. 322 Rainbow Lake Drive is a 2,540 square foot house with 3 beds and 1 bath that has been on Estately for 13 days. This house is in the attendance area of Robinson Elementary School, Dawson County High School, Dawson Coutny Middle School, and Dawson County Junior High School.

Listing Courtesy of: GAMLS and Coldwell Banker Realty.

© 2025 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. GAMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.