Water Views - Fixer Upper
Address
37938 Rainbow Drive, Soldotna, AK
Price
$ 415,000
Property Attributes
- MLS#2611978
- TypeSingle Family
- Listing Status Pending
- BoroughKENAI PENINSULA
- CitySoldotna
- Area1B - Kenai Peninsula Borough
- Neighborhood335 - Ridgeway
- Zip99669
- StyleLog, Split Level
- Year Built1977
- Price$ 415,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2351
- Lot Size0.64 Acres
Data Source:
Alaska MLS (AKMLS)
Property Description
LAKEFRONT OPPORTUNITY! Set against an East Mackey lakefront backdrop, this 2,351 Sq. Ft. home spans three levels, has 4 BR & 1.75 BA. The property is ready for a contractor or experienced renovator to bring the home back to its full potential. Enjoy stunning lake views, a unique sauna positioned at the water's edge, plus a carport & two storage sheds. Being sold AS-IS.
| Elementary School | Middle School | High School |
|---|---|---|
| Soldotna Elementary School | Skyview Middle School | Soldotna High School |
| Price History | |
|---|---|
| 9/17/2026 | Listed $415,000 |
General Features
| Utilities | Electric |
|---|---|
| Zoning | UNZ - Not Zoned |
| View | Lake |
| Waterfront Features | Lake Privileges |
| Property Type | Residential |
| Status | Pending |
| Directions | Sterling Hwy to Mackey Lake Rd, turn Right on Rainbow Dr - property on Right. See Sign |
| High School | Soldotna |
| City | Soldotna |
| Body of Water | East Mackey Lake |
| MLS Area | 1B - Kenai Peninsula Borough |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 27878.4 |
| Elementary School | Soldotna |
| Middle/Junior High School | Skyview |
| MLS Area Minor | 335 - Ridgeway |
| Living Area Units | Square Feet |
| Property Condition | Fixer |
| Year Built | 1977 |
| New Construction | false |
| Appliances | Refrigerator |
| Construction Materials | Log |
| Sewer | Septic Tank |
| Roof | Metal |
| Architectural Style | Log,Split Level |
| Attached Garage | false |
| Full Baths | 1 |
| Carport Spaces | 2 |
| Property Attached Y/N | false |
| Home Warranty Y/N | false |
| Other Structures | Shed(s) |
| Patio/Porch Features | Deck |
Interior Features
| 3/4 Baths | 1 |
|---|---|
| Total Bedrooms | 4 |
| Total Baths | 2 |
| Interior Amenities | Basement,Sauna,BR/BA on Main Level,Arctic Entry,Ceiling Fan(s),Vaulted Ceiling(s) |
| Laundry Features | Washer &/Or Dryer Hookup |
| Fireplace Y/N | true |
Exterior Features
| Lot Features | Level,Gentle Sloping,Airplane Access,Fire Service Area,Road Service Area,Views |
|---|---|
| Lot Size Area | 27878.4 |
| Lot Size Acres | 0.64 |
| Lot Size Source | Tax Authority |
| Waterfront Y/N | true |
| Road Frontage Type | Dedicated Road,Water |
| Road Surface Type | Paved,Maintained |
| Parking Features | None |
| Building Area Total | 2351 |
| Foundation Details | Block,Slab |
| Total Parking | 2 |
| BuyerOfficeFax | 907-260-7655 |
| Covered Spaces | 2 |
| Exterior Amenities | Dock |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 99669
Price
Year Built
In The Neighborhood
Kenai
$ 363,000
- Type
- Single Family
- Size
- 1,064 SqFt
- Rooms
- 2 Beds + 1 Baths
Redoubt Keller Williams Realty Alaska Group
Soldotna
$ 375,000
- Type
- Single Family
- Size
- 1,428 SqFt
- Rooms
- 3 Beds + 2 Baths
Jack White Real Estate Soldotna
Reduced
Soldotna
$ 459,000
- Type
- Single Family
- Size
- 1,814 SqFt
- Rooms
- 3 Beds + 2 Baths
Century 21 Realty Solutions Freedom Branch
Water Views
Soldotna
$ 969,000
- Type
- Single Family
- Size
- 3,156 SqFt
- Rooms
- 4 Beds + 3 Baths
EXP Realty, LLC
© 2026 Greater Fairbanks Board of REALTORS ® Multiple Listing Service. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Majors Realty Group are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but
