340 Rainbow Lane, Sedona, AZ 86351 (MLS# 508897)

340 Rainbow Lane, Sedona, AZ 86351

$1,500,000

Virtual Tour

http://www.tourfactory.com/idxr1480544

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,958 Lot Size (sq. ft.): 113,692 Status: Closed

Current Price: $1,500,000 Last Modified: 7/18/2026

Overview

Description

This is an amazing property on the banks of Oak Creek, with fantastic red rock views and a very private park-like setting. The grounds are impressively manicured, set just above one of the most beautiful locations along Oak Creek, and the end of the road locale creates a truly scenic and secluded experience. The red rock views are captured throughout all of the main living areas, including the wonderful pool area and decks. Inside you’ll find a handsomely updated home with striking flagstone and new wood floors, a flowing floor plan that also includes a large lower level bonus room that can be an additional bedroom or great family and game room, stunning wood beam ceilings and natural light that streams in throughout the home. There’s also a delightful separate one bedroom guest –

Supplements: SEE MORE cabin that also overlooks Oak Creek. This is a uniquely special property and 1st time on the market. (Septic system was originally approved in 1978 for a 2 bedroom home. Home is currently used as a 2 bedroom home plus the guest cabin.)

Listing Details MLS# 508897

Location, Tax & Legal

House Number: 340
Street Name: Rainbow
St Suffix: Lane
City/Town Code: Sedona
State/Province: AZ
Zip Code: 86351
County Code: Yavapai
Assessor Number: 40818012
Subdivision: Under 5 Acres
Tax Year: 2015
Assessor's Map #: 18
Legal Description (Abbrev): RED ROCK CROSSING EST SUB 2.61AC LOT 12 379/223
Assessor's Parcel #: 12
Taxes: 6158

Contract Information

Type: Exclusive Right To Sell

General Property Description

Dwelling Type: Single Family Residence
Exterior Stories: 2
# of Interior Levels: Yes
# Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 2
Total Bathrooms: 4
Approx SQFT: 3958
Year Built: 1988
Approx Lot SqFt: 113692
Approx Lot Acres: 2.61
Flood Zone: Yes
Community Pool Y/N: Yes
Private Pool Y/N: Yes

Remarks Misc

Directions: Take Verde Valley School Road to the end, turn left on Rainbow Lane and go to the very end - last house!

Status Change Info

Off Market Date: 2016-11-29
Under Contract Date: 2016-11-02
Close of Escrow Date: 2016-11-29

Legal Info

Lot Number: 12

More Information

Basement

Basement Y/N: Y

Parking Spaces

Garage Spaces: 2

Sold Info

Loan Type: Conventional

Remarks & Misc

SVV Public Historical Remarks: Parking: 3 or More, Other Rooms: In-Law Apartment, Laundry, Potential Bedroom, Exterior Features: Grass, Gutters, Landscaping, Sprinkler/Drip, Levels: Main Living 1st Lvl, Area: 46 - Big Park, Flood Zone: Zone AE, Zone Shaded X, Lot Dimensions: Per Plat of Record

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes
Tile: Yes
Foam: Yes
Rolled: Yes

Lockbox Type

Supra: Yes

Architecture

Pueblo: Yes
Contemporary: Yes

Master Bathroom

Full Bth Master Bdrm: Yes
Separate Shwr & Tub: Yes

Additional Bedroom

Master Bedroom Walk-in Closet: Yes

Fireplace Features

Wood Burning: Yes

Flooring

Carpet: Yes
Stone: Yes
Tile: Yes
Wood: Yes

Window Features

Screens: Yes
Dual Pane: Yes

Dining Area

Formal: Yes
Breakfast Bar: Yes
Breakfast Nook: Yes

Heating

Forced Air: Yes
Propane: Yes
Radiant: Yes
Electric: Yes

View

Red Rocks/Boulders: Yes
Trees/Woods: Yes
Mountain(s): Yes

Kitchen Features

Dishwasher: Yes
Disposal: Yes
Built-in Microwave: Yes
Pantry: Yes
Refrigerator: Yes

Cooling

Ceiling Fan(s): Yes
Evaporative Cooling: Yes
Central Air: Yes
Other: Yes

Interior Features

Skylight(s): Yes
Central Vacuum: Yes
Wet Bar: Yes

Other Rooms

Family Room: Yes
Great Room: Yes
Den/Office: Yes
Bonus/Game Room: Yes
Separate Workshop: Yes

Basement Description

Walk-Out Access: Yes
Finished: Yes
Partial: Yes

Road Access Type

County Road: Yes
Private Road: Yes

Road Surface Type

Dirt: Yes
Gravel: Yes

Accessibility Feat.

Zero-Grade Entry: Yes

Road Responsibility

Private Maintained Road: Yes

Technology

Security System Owned: Yes

Fencing

Back Yard: Yes

Water Source

Onsite Well: Yes

Exterior Features

Separate Guest House: Yes
Patio: Yes
Open Deck: Yes
Other: Yes

Manufactured Home Features

Other: Yes

Sewer

Septic Tank: Yes

Parking Features

Garage Door Opener: Yes
RV Access/Parking: Yes

Irrigation

River/Creek: Yes
Sprinkler: Yes
Well: Yes

Foundation Details

Raised: Yes
Slab: Yes

New Financing

Cash: Yes
Cash to Loan: Yes

Plumbing

Recirculation Pump: Yes
Propane Hot Wtr Htr: Yes

Utilities

Phone Available: Yes
Propane: Yes

Property Description

Borders Preserve/Public Land: Yes
Waterfront Lot: Yes

Unit Style

Two Levels: Yes

Other Structures

Shed(s): Yes
Workshop: Yes

Assoc Rules/Info

Pets OK (See Rmrks): Yes

Property Features

Architecture: Pueblo; Contemporary View: Red Rocks/Boulders; Trees/Woods; Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub Additional Bedroom: Master Bedroom Walk-in Closet Fireplace Features: Wood Burning Flooring: Carpet; Stone; Tile; Wood Window Features: Screens; Dual Pane Dining Area: Formal; Breakfast Bar; Breakfast Nook Kitchen Features: Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry Basement Description: Walk-Out Access; Finished; Partial Foundation Details: Raised; Slab Other Rooms: Family Room; Great Room; Den/Office; Bonus/Game Room; Separate Workshop Interior Features: Skylight(s); Central Vacuum; Wet Bar Technology: Security System Owned Exterior Features: Open Deck; Patio; Separate Guest House; Other Other Structures: Shed(s); Workshop Manufactured Home Features: Other Parking Features: Garage Door Opener; RV Access/Parking Road Access Type: County Road; Private Road Road Surface Type: Dirt; Gravel Road Responsibility: Private Maintained Road Construction: Wood Frame Const - Finish: Stucco Roofing: Composition; Tile; Foam; Rolled Cooling: Central Air; Evaporative Cooling; Ceiling Fan(s); Other Heating: Forced Air; Propane; Radiant; Electric Plumbing: Recirculation Pump; Propane Hot Wtr Htr Utilities: Phone Available; Propane Water Source: Onsite Well Irrigation: River/Creek; Sprinkler; Well Sewer: Septic Tank Fencing: Back Yard Property Description: Borders Preserve/Public Land; Waterfront Lot Lockbox Type: Supra Unit Style: Two Levels New Financing: Cash; Cash to Loan

Room Information

Room Name	Length	Width	Level
Workshop	21.00	10.50	Lower
Garage	23.00	21.00	Main
Master Bedroom	20.40	19.50	Main
Bedroom 2	14.80	11.90	Main
Living Room	21.60	21.00	Main
Kitchen	14.00	12.60	Main
Dining Room	11.00	9.00	Main
Bedroom 3	19.60	16.00	Lower
Family Room	20.80	13.00	Main

Listing Office: RE/MAX Sedona

Last Updated: July - 18 - 2026