245 Rainbow Drive NE, Lancaster, OH 43130
$425,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,888
Lot Size (sq. ft.):
64,469
Status:
Active
Current Price:
$425,000
List Date:
1/07/2026
Last Modified:
1/08/2026
Description
Set on nearly 1.5 acres just outside the city limits, this charming brick ranch offers the perfect blend of privacy, space, and convenience. Built in 1965 with an addition completed in 1996, the home features 3 bedrooms and 2 full baths and is ready for a new owner to bring it back to life.
While the home is in need of updates, it has great bones and solid construction, providing an ideal foundation for your personal vision. With its classic brick exterior and generous lot, this property offers endless potential to become a true showstopper with the right design touches.
Enjoy the peace and seclusion of a country setting while staying just minutes from shopping, dining, and everyday amenities. Whether you're dreaming of a cozy retreat or a beautifully renovated ranch to call home, this property invites you to create something truly special.
Supplements: ********
More Information MLS# 226000542
Location & Property Info
List Price/SqFt: 225.11
City (Mailing Addr): Lancaster
Corp LimitPerAuditor: None
New Construction: No
General Property Info
Baths F.H: 2
Manufactured Housing Y/N: No
Built Prior to 1978: No
SqFt Documented: 1888
Documented SqFt Source: Realist
ATFLS Source: Realist
HOA/COA Y/N: No
Comm Dev Chrg: No
Bedrooms: 3
Total Baths: 2
Full Baths: 2
Garage/EnclosdSpaces: 2
Year Built: 1965
SqFt ATFLS: 1888
Acreage: 1.48
Tax Info
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 0270038480
Tax Abatement: No
Taxes (Yrly): 3898
Parcel #: 02-70038-900
Tax Year: 2025
Remarks & Misc
Property Description: Set on nearly 1.5 acres just outside the city limits, this charming brick ranch offers the perfect blend of privacy, space, and convenience. Built in 1965 with an addition completed in 1996, the home features 3 bedrooms and 2 full baths and is ready for a new owner to bring it back to life.
While the home is in need of updates, it has great bones and solid construction, providing an ideal foundation for your personal vision. With its classic brick exterior and generous lot, this property offers endless potential to become a true showstopper with the right design touches.
Enjoy the peace and seclusion of a country setting while staying just minutes from shopping, dining, and everyday amenities. Whether you're dreaming of a cozy retreat or a beautifully renovated ranch to call home, this property invites you to create something truly special.
Addl Acceptance Cond
None Known: 1
Levels
One: 1
Architectural Style
Ranch: 1
Common Walls
No Common Walls: 1
Bedroom Level
Beds Entry Level: 3
Full Baths Level
Full B Entry Level: 2
Parking Features
Attached Garage: 1
Water Source
Well: 1
Sewer
Private Sewer: 1
Basement
Basement Y/N: Yes
Basement Description
Full: 1
Foundation
Block: 1
Eating Space Level
Eating S Entry Level: 1
Rooms
1st Flr Primary Suite: 1
1st Flr Laundry: 1
Eat Space/Kit: 1
Great Room: 1
Rec Rm/Bsmt: 1
Family Room Level
Family R Entry Level: 1
Fireplace
Two: 1
Great Room Level
Great R Entry Level: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Heat Pump: 1
Air Conditioning
Central Air: 1
Utility Space Level
Utility Entry Level: 1
Windows
Insulated All: 1
Interior Flooring
Carpet: 1
Vinyl: 1
Wood: 1
Interior Amenities
Dishwasher: 1
Electric Range: 1
Refrigerator: 1
Accessible Features
Accessible Features - Form Required: No
Exterior
Brick: 1
Vinyl Siding: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Printing Services
No Printing Services: 1
Accessory Dwelling Unit
Existing Accessory Dwelling Unit: No
Tax
Homestead: 1
Green Features
Green Features Y/N - Form Required: No
Location Property Info
Property Sub Type: Single Family Residence
Original List Price: 425000
List Price: $425,000
Street #: 245
Street Name: Rainbow
Street Suffix: Drive
Street PostDirection: NE
County: Fairfield
State: OH
Zip Code: 43130
School District: LANCASTER CSD 2305 FAI CO.
Township: Pleasant
OfficeContract Info
Status: Active
MLS Entry Date: 2026-01-07
Property Features
Levels: One
Architectural Style: Ranch
Common Walls: No Common Walls
Addl Acceptance Cond: None Known
Parking Features: Attached Garage
Basement Description: Full
Foundation: Block
Exterior: Brick; Vinyl Siding
Rooms: 1st Flr Primary Suite; 1st Flr Laundry; Eat Space/Kit; Great Room; Rec Rm/Bsmt
Fireplace: Two
Heating: Heat Pump
Air Conditioning: Central Air
Windows: Insulated All
Interior Flooring: Carpet; Vinyl; Wood
Sewer: Private Sewer
Water Source: Well
Interior Amenities: Dishwasher; Electric Range; Refrigerator
Tax: Homestead
MLS Primary PhotoSrc: Realtor Provided
Printing Services: No Printing Services
Listing Office:
Rock House Realty LLC
Listing Agent:
Sarah Claypool
Last Updated: January - 08 - 2026
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