$1

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 #

5247437

Property type

Farm

Subdivision

N/A

Status

Active

Days on market

N/A

On market date

September 23, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

34.25 acres

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.