4646 Rainbow Drive, Kannapolis, NC 28081

• 3 beds |
• 2 baths |
• 1,782 sqft

Property Description

Nestled on a picturesque 0.88-acre lot shaded by majestic mature oak trees, this charming and well-maintained 3-bedroom, 2-bath mid-century ranch has HUGE potential with a 1800+ sq ft unfinished basement. The property boasts exceptionally fertile soil and abundant year-round sunshine, creating an ideal setting for gardening enthusiasts. The previous owner cultivated a highly productive garden, and the expansive sunny acreage provides ample opportunity to continue that tradition while enjoying seasonal harvests from the established trees (pecan and fig). A standout feature of the home is the enormous unfinished basement, offering incredible potential for customization and expansion. Already equipped with a functional double sink and a plumbed full bathroom, the basement mirrors the home's main-level footprint and is well-suited for conversion into a private guest suite, workshop, or income-producing rental. With its own private exterior entrance and natural light streaming through multiple above-grade windows along the west side of the home, this versatile space is ideal for multi-generational living, hobbyists, or future investment opportunities. In addition to the main living room, this home features a second living area (not pictured) adjacent to the kitchen (currently labeled as the "dining room" in the measurements). The space used for formal dining is located between the living room and kitchen, just above the basement entrance. New roof and gutters 2024, new gas water heater 2026. Septic is permitted for 3 bathrooms if buyer(s) were to finish out basement.

Listing Status:

Active

Data Last Updated:

June 18, 2026 at 7:18PM

Listing Office:

Realty One Group Revolution : 704-659-4409

MLS ID:

4394032

Interior

• Appliances: Electric CooktopElectric OvenGas Water HeaterWall Oven
• Laundry: Electric Dryer HookupIn BasementWasher Hookup
• Basement: DaylightExterior EntryWalk-Out Access
• Flooring: CarpetLinoleumTile
• A/C: Central Air
• Heating: BaseboardHot WaterNatural GasRadiant
• Fireplace: Family RoomWood BurningFireplace

Exterior

• General: Shed(s)
• Style: Ranch
• Other Structures: Deck
• Parking: DrivewayAttached GarageGarage Faces RearKeypad Entry

Construction

• Roofing: Architectural Shingle
• General: Site BuiltBasement

Location

• Road/Access: AsphaltPaved
• Originating MLS: carolina
• County: Cabarrus

Lot

• Zoning: LDR56047221770000

Utilities

• Utilities: Electricity ConnectedNatural Gas
• Water: CityCounty Water
• Sewer: Septic InstalledSewage Pump

Financial

• Source: carolina