1633 Rainbow Street, Grasston, MN 55030

New Listing
$439,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,459 Lot Size (sq. ft.): 3,484,800 Status: Pending
Current Price: $439,000 List Date: 7/27/2026 Last Modified: 7/27/2026

Overview

Description

Amazing opportunity to own 80 beautiful acres with a well-maintained home, multiple outbuildings, and endless possibilities Offered by only its second owner, this property features a brand-new roof, newer furnace, washer, dryer, and water softener. Enjoy scenic views of the acreage and abundant wildlife from the living and dining rooms. Two pole buildings offer concrete floors and electricity, plus a detached garage with space for a workshop. Whether you're looking to hunt, farm, start a hobby farm, ride trails, or simply enjoy peaceful country living, this property has it all. A rare combination of quality, acreage, and versatility—schedule your showing today!

Listing Details MLS# 7115856

General Property Information

# Carport Spaces
4
Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Agriculture
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1042
Above Grd Total SqFt
1459
Total SqFt
1459
Total Finished Sqft
1459.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
600
Power Company
East Central Energy
Garage Stalls
Yes
Lot Dimensions
2595x1257x2603x1252
Acres
80
Assessment Pending
No
Number of Fireplaces
0
Bath Quarter
0
Below Grd Total SqFt
0
Association Fee
0

Property Features

Accessible: None Agricultural Water: Other Air Conditioning: None Amenities Unit: Patio; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Freezer; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Partial; Unfinished Bath Description: Main Floor 3/4 Bath; 1/2 Basement Construction Materials: Block; Concrete; Stone Construction Status: Previously Owned Crop Type: None Dining Room Description: Kitchen/Dining Room Electric: 100 Amp Service; 60 Amp Service Existing Financing: VA Exterior: Wood Family Room Characteristics: Family Room; Main Level Farm Type: None Fencing: Partial; Wire Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Fiber Optic Laundry: Gas Dryer Hookup; In Basement Lock Box Type: Combo Lot Description: Suitable for Horses; Tree Coverage - Heavy; Wetlands Outbuildings: Additional Garage; Barn(s); Lean-To; Pole Building; Silo Parking Characteristics: Uncovered/Open Pool Description: None Road Frontage: County Road; Paved Streets Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional; VA Sewer: Mound Septic; Private Sewer Soil Type: Clay; Loam Special Search: Main Floor Bedroom Stories: One and One Half Topography: Scattered Timber; Level Water: Drilled; Private; Well

Contract Information

Off Market Date
2026-07-27
Contingency
None
Original List Price
439000
ListPrice
439000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1633
Street Name
Rainbow
Street Suffix
Street
Postal City
Grasston
County
Kanabec
State
MN
Zip Code
55030

Acreage Information

Pasture Acres
15
Wooded Acres
40

Assessments

Tax With Assessments
1642
Assessment Balance
0
Assessment Installment
0

More Information

Building Information

Finished SqFt Above Ground
1459

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
320
Uncovered/Open
Yes

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
SECT-35 TWP-039 RANGE-023 80.00 AC SW1/4 OF NE1/4 & NW1/4 OF SE1/4, SUBJ TO 3 AC HWY EASEMENT
Listing City
Grasston
Map Page
999
Municipality
Grasston
School District
Mora
School District Phone
320-679-6200
Country
US
Property ID Number
040196000
Tax Year
2026
Tax Amount
1642
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Amazing opportunity to own 80 beautiful acres with a well-maintained home, multiple outbuildings, and endless possibilities Offered by only its second owner, this property features a brand-new roof, newer furnace, washer, dryer, and water softener. Enjoy scenic views of the acreage and abundant wildlife from the living and dining rooms. Two pole buildings offer concrete floors and electricity, plus a detached garage with space for a workshop. Whether you're looking to hunt, farm, start a hobby farm, ride trails, or simply enjoy peaceful country living, this property has it all. A rare combination of quality, acreage, and versatility—schedule your showing today!
Directions
Hwy 107 to 17, West on 17 to CR 5 (Rainbow St) N on Rainbow St to home on west side of road

Accessible

None
Yes

Agricultural Water

Other
Yes

Air Conditioning

None
Yes

Amenities Unit

Patio
Yes
Washer/Dryer Hookup
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Freezer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Basement

Concrete Block
Yes
Partial
Yes
Unfinished
Yes

Bath Description

Main Floor 3/4 Bath
Yes
1/2 Basement
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stone
Yes

Construction Status

Previously Owned
Yes

Crop Type

None
Yes

Dining Room Description

Kitchen/Dining Room
Yes

Electric

100 Amp Service
Yes
60 Amp Service
Yes

Existing Financing

VA
Yes

Exterior

Wood
Yes

Family Room Characteristics

Family Room
Yes
Main Level
Yes

Farm Type

None
Yes

Fencing

Partial
Yes
Wire
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Fiber Optic
Yes

Laundry

Gas Dryer Hookup
Yes
In Basement
Yes

Lock Box Type

Combo
Yes

Lot Description

Suitable for Horses
Yes
Tree Coverage - Heavy
Yes
Wetlands
Yes

Outbuildings

Additional Garage
Yes
Barn(s)
Yes
Lean-To
Yes
Pole Building
Yes
Silo
Yes

Patio, Porch and Deck Features

Deck
Yes

Pool Description

None
Yes

Road Frontage

County Road
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
VA
Yes

Sewer

Mound Septic
Yes
Private Sewer
Yes

Soil Type

Clay
Yes
Loam
Yes

Special Search

Main Floor Bedroom
Yes

Stories

One and One Half
Yes

Topography

Scattered Timber
Yes
Level
Yes

Water

Drilled
Yes
Private
Yes
Well
Yes

Room Information

Room Name Dimensions Level
Dining Room 13.5x7 Main
First (1st) Bedroom 12.5x12 Main
Hobby Room 13.5x8.5 Upper
Kitchen 12x10.5 Main
Laundry 16.5x11 Lower
Living Room 15x15.5 Main
Office 12x9 Upper
Second (2nd) Bedroom 11.5x8 Main
Third (3rd) Bedroom 12x12 Upper
IDX
Listing Office: Edina Realty, Inc.
Last Updated: July - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.