This home's estimate is 106.1% higher than the average sale price ($425K) of 6 comparable homes.
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550 Rainbow Rd, Advance, NC 27006
About this home
Country Splendor! A winding drive, woodsy privacy, bridge & stream lead to a comfortable farm home amidst gorgeous pasture land. This 16.38 acre sanctuary invites horses, gardening, outdoor recreation & a lifestyle of leisure & relaxation. Custom built w/one owner, the l-l/2 story features a main level Master Suite, Office & Mud Room with a back staircase to the Bonus Room. Outstanding renovations over the past 10 years include roof, deck, kitchen, baths,tankless water heater, etc. Dream No More!

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Market trends in 27006, NC
Last updated August 2026
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Sale history for 550 Rainbow Rd
$165/sq ft
$181/sq ft
$15/sq ft
Tax history for 550 Rainbow Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking / Garage Information
- # of Garage Spaces: 2
- Garage Description: Attached Garage, Side Load Garage
- Parking Features: Garage, Garage Door Opener, Attached, Garage Faces Side
Interior
- Virtual Tour
- Bathroom Information
- # of Bathrooms (Full): 2
- # of Bathrooms (1/2): 1
- Basement Information
- Basement YN: No
- Basement: Crawl Space
- Room Information
- # of Rooms: 9
- Interior Features
- Has Primary On Main
- Attic Description: Partially Floored, Walk in Attic
- Energy Features: Insulated Windows
- Flooring: Carpet, Laminate, Tile, Wood
- Interior Features: Ceiling Fan(s), Dead Bolt(s), Pantry, Solid Surface Counter
Exterior
- Exterior Features
- Other Equipment: Satellite Dish
- Fencing: Partial
- Waterfront Features: Creek
- Pool Information
- Pool Features: None
- Lot Information
- Lot Number: 018-01
- Lot Features: Horses Allowed, Natural Land, Partially Cleared, Partially Wooded, Pasture, Rolling Slope, Rural, Secluded
- Lot Size Acres: 16.38
- Lot Size Dimensions: 584+201(front) x 989 x 693(back) x 950
- Miscellaneous: Barns, Cable, Horses Allowed
- Land Information
- Land Description: Creek, Natural Land, Partially Cleared, Partially Fenced, Partially Wooded, Pasture Land, Rolling, Rural, Secluded Lot
- Water Source: Public
- Property Information
- Property Type: Residential
- Property Sub Type: Stick/Site Built
- Structure Type: House
- Built Information: Existing
- Year Built: 1988
- Other Structures: Barn(s)
- # of Fireplaces: 1
- Fireplace Features: Gas Log, Great Room
- Appliances: Microwave, Oven, Cooktop, Dishwasher, Tankless Water Heater
- Laundry Features: Dryer Connection, Main Level, Washer Hookup
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
- Building Information
- Building Area Total: 3,087
- Levels: One and One Half
- Construction Materials: Vinyl Siding
Financial
- Tax Information
- Tax Annual Amount: $2,749.29
Utilities
- Utility Information
- Sewer: Septic Tank
- Water Heater: Tankless
- Heating & Cooling
- Cooling: Central Air, Heat Pump
- Heating: Heat Pump, Electric
- Heating Fuel: Electric
Location
- HOA Information
- Association: Winston-Salem
- Association YN: No
- School / Neighborhood
- Elementary School: Pinebrook
- Middle Or Junior School: North Davie
- High School: Davie County
- Location Details
- Directions: I-40 West, Take Exit #180-A Bermuda Run, Rt. onto NC Hwy 801-South, Rt. onto US Hwy 158 West, Rt. on Rainbow Rd, Property on Rt. (550 Rainbow Road)
Public facts
- Beds: 3
- Baths: 2.5
- Sq. Ft.: 3,284
- Stories: 1.5
- Lot Size: 16.38 acres
- Style: Vacant Land
- Year Built: 1988
- Year Renovated: 1990
- County: Davie County
- APN: D60000001801
Around this home
Schools
Public PreK-5 • Assigned • 2.2mi
Public 6-8 • Assigned • 3.1mi
Public 9-12 • Assigned • 2.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 102° expected this year, 18 days in 30 years
6% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 9.1 hours in June and 5.2 hours in December, which is comparable to the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 27006
Home values near 550 Rainbow Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 2300 Sq. Ft. | $520,360 |
3 Beds | 3 Baths | 2862 Sq. Ft. | $583,180 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 4010 Sq. Ft. | $930,119 |
3 Beds | 2 Baths | 1200 Sq. Ft. | $216,264 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 2841 Sq. Ft. | $748,601 |
3 Beds | 2 Baths | 2016 Sq. Ft. | $306,021 |
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