None at 1356 Rainbow Drive, Kannapolis
None at 1356 Rainbow Drive, Kannapolis, photo 2 of 3
None at 1356 Rainbow Drive, Kannapolis, photo 3 of 3
3 photos

$1,499,999

1356 Rainbow Drive
Kannapolis, NC 28081
Listed by Travis Rabon · Premier Real Estate Team Inc.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1949

About this home

Developers Dream. 4 properties being sold in 1 portfolio, so HLA and tax info. does not reflect accurate values. Although there are homes on each property that adds tons of value, the properties are bing sold with homes being included at no value, because the real value is in the zoning.. 2 side by side Properties on Rainbow Drive in Kannapolis are Zoned R18. 1 property on Birch St. is zoned R8. 1 home on Westover Ave is just a single family home being thrown into the mix as an added bonus. SELLER IS NOT INTERESTED IN SELLING ANY PROPERTIES INDIVIDUALLY. properties includes in Cabarrus County are 1356 Rainbow Dr. Kannapolis, 1352 Rainbow Dr. Kannapolis, these are zoned R18. & 1201 Birch St. Kannapolis is zoned R8 and in Rowan County is 107 Westover Ave. Kannapolis. All homes are occupied and sold at no value so there are no lockboxes and you can not schedule an appointmrnt to see the homes. Seller is looking for a developer that is interested in removing the homes and developing the land.

Property details

MLS
Canopy MLS
MLS #
CAR4408325
Property type
None
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
July 29, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Fred L Wilson Elementary
0.27 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
427
Student:teacher ratio
13.8:1
District
Kannapolis City Schools
Middle
Kannapolis Middle
1.99 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
1,309
Student:teacher ratio
16.2:1
District
Kannapolis City Schools
High
A L Brown High
1.47 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
1,670
Student:teacher ratio
18.2:1
District
Kannapolis City Schools

Walkability

Blended score for Kannapolis's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

47
Somewhat walkable
out of 100
EPA National Walkability Index
10.0 / 20 -- Below average walkable
Google Places amenity density
43 / 100
Restaurants & cafes1
Grocery stores2
Parks2
Schools2
Transit stops10
Pharmacies0

Market position

How this listing compares to current activity in Kannapolis, from live MLS data.

On the market 0 days -- 72 fewer days than Kannapolis's current average of 72 days.
For reference, the median list price across 346 active listings in Kannapolis right now is $305,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$9,183/mo
$300,000 down
$1,199,999 loan
Principal & interest$7,783
Property tax (est.)$1,250
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.