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About this home
Summary: Lifetime collection of the Peterson family, something for everyone!! Bring a friend as we will be selling in 2 rings most of the day!! Once-in-a-lifetime opportunity to own Rainbow Hill Farm, an exceptional 134-acre property offering abundant road frontage, productive farmland, and a beautiful country setting. The spacious 3,150-square-foot farmhouse features five bedrooms, flexible living spaces, and a functional layout designed for comfortable country living. The main level includes a welcoming entry, a large open-concept room, an eat-in kitchen with an island and walk-in pantry, a living room, bedroom, full bath, laundry room, sewing room, and bonus storage room. Upstairs offers four additional bedrooms, a half bath, and a wide hallway with ample space for bookshelves or additional storage. The home is finished with low-maintenance vinyl siding, a metal roof, and is heated by free gas or electric. The farm is equally impressive, featuring a 26' x 32' detached two-car garage, a large bank barn with newer metal siding, an attached free-stall barn, machinery shed, silo, newer high-tensile fenced pasture, and ample grazing land for livestock. More than 65 acres are currently in productive row crop production, making this property ideal for expanding an existing farming operation or starting a new one. With two owned gas wells supplying free gas, an additional well, and mineral rights included, this rare offering combines agricultural productivity, investment potential, and the opportunity to own a legacy property that can be enjoyed for generations to come. Parcel #1: 23.17 acres, tillable and wooded Parcel #2: 20.5 acres, tillable and wooded Parce l#3: 9.68 acres, home, garage, barns, pasture Parce l#4: 44.36 acres, tillable and wooded Parcel #5: 34.25 acres mostly tillable
Property details
- MLS
- NOWDD
- MLS #
- 5247224
- Property type
- SingleFamilyResidence
- Subdivision
- N/A
- Status
- Active
- Days on market
- 1
- On market date
- September 22, 2026
- Stories
- N/A
- Total bathrooms
- 1.5
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 134 acres
Location
Get directions →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.
- Enrollment
- 229
- Student:teacher ratio
- 17.6:1
- District
- Joseph Badger Local
- Enrollment
- 212
- Student:teacher ratio
- 35.3:1
- District
- Joseph Badger Local
- Enrollment
- 197
- Student:teacher ratio
- 17.9:1
- District
- Joseph Badger Local
Walkability
Blended score for Kinsman'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).
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 26 days ago.
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.