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1038 Rainbow , Paradise, CA 95969

$34,900

1038 Rainbow Lane, Paradise, CA — A Hidden Gem in the Heart of Town! Discover a wonderful opportunity to build your dream home at 1038 Rainbow Lane, tucked away in a desirable central Paradise location. This nearly level lot offers the convenience of being within walking distance of local schools, public services, and the Memorial Trail, a great spot for exercise, walking, and bike riding. Enjoy the natural beauty and peaceful surroundings that make Paradise so special, with scenic views of mature trees and beautiful skies as the seasons change. The previous home featured 3 bedrooms and 2 bathrooms, providing a starting point for envisioning what you could create on this property. The water account is active and ready for your plans. Whether you're looking to build your forever home or invest in a piece of Paradise, this property offers an exciting opportunity to bring your vision to life while enjoying the convenience of a central location and easy access to outdoor recreation!

Highlights

  • Land
  • 0.33 Acre Lot
  • $0/ HOA
  • 21 days on Market


  • Acres
    0.33
  • Lot Features
    Rectangular Lot
  • View
    Neighborhood, Trees Woods
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 1038 Rainbow?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1038 Rainbow.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1038 Rainbow?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $34,900. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Paradise, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1038 Rainbow?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1038 Rainbow at around $189. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1038 Rainbow?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Butte County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1038 Rainbow?

In most cases, yes. Whether 1038 Rainbow is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Paradise's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1038 Rainbow?

We can handle that for you. Our preferred local agent specializes in lands in Paradise and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

1038 Rainbow was listed on October 16, 2026, which means it's been on the market for 21 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

1038 Rainbow sits on a 0.33-acre lot, which is 14,375 square feet.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $0.

Is 1038 Rainbow still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 06, 2026 at 12:47AM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 06, 2026 at 12:47AM | Source: California Regional Multiple Listing Service | MLS#: SN26224813