$447,500

12230 Rainbow Ave Anchorage, AK 99516

$5,314
Closing credit¹
3 beds
1 full
0.3 acres
House

Property details

About 12230 Rainbow Ave

Step beyond the ordinary and discover a ranch home where every detail is an invitation to live your most cherished moments. This is not just a residence, it's a canvas for your life's next chapter, thoughtfully designed for those who seek character, connection, and a sense of belonging. Imagine mornings that begin with sunlight streaming through expansive windows, illuminating 2 distinct living rooms for laughter, quiet reflection, or spirited gatherings with friends. Whether you're hosting a lively game night or curling up with a favorite book, these versatile spaces adapt to your every mood and occasion. Newly updated primary suite that feels like your own private sanctuary. Here, generous proportions and serene finishes create a restful haven, perfect for unwinding after a day of adventure or savoring slow weekend mornings. Step outside into a large, fenced yardwhere children and pets can roam freely, gardens can flourish, and evenings are spent under the northern lights. This is where backyard barbecues, family fun, and quiet moments with loved ones become treasured memories. Near the highway, your new home offers seamless access to local dining delights and scenic drives that beckon you to explore. Here, convenience and adventure are always within reach, ensuring that every day brings new possibilities for discovery and delight.

Highlights

Home typeResidential
HeatingForced Air, Natural Gas
StatusActive
Lot size0.33 Acres
Year built1960
MLS #25-7493
Garage2 spaces
WaterfrontFencing
ViewMountain(s)

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring Type: Carpet
  • Interior: Carbon Monoxide Detector, Smoke Detector, Laminate Counters
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Waterfront: Fencing
  • View: Mountain(s)
  • Exterior: Fenced Yard, Private Yard, In City Limits, Paved Driveway, RV Parking
  • Architectural Style: Ranch-Traditional
  • Heating: Forced Air, Natural Gas
  • List Price: $447,500
  • Annual Tax Amount: $5,652
  • Tax Year: 2024
  • Directions: From Huffman, N on Gregory, east on Rainbow Ave. home is 3rd on the left.
  • Year Built: 1960
  • Stories: 1
  • Lot Size: 0.33 Acres
  • MLS Number: 25-7493
  • MLS Name: Alaska Multiple Listing Service
  • Office Name: Real Broker Alaska
  • Office Phone: (855) 450-0442
  • Office Email: membership@therealbrokerage.com

IDXThe listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage.

All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 3:40:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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12230 Rainbow Ave, Anchorage, AK 99516 - ranch-style home featuring driveway and an attached garage

$447,500

12230 Rainbow Ave

$5,314

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$350,100$5,652
2023$329,400$5,609
2022$319,600$2,014
2021$303,200$1,859
2020$294,100$1,456
2019$292,200$1,456
2018$288,800$1,456
2017$294,800$1,954

History based on county public records data.

Nearby schools

6

Bowman Elementary School

Public Magnet PK-6

0.3 mi

11700 Gregory Rd

9

Rabbit Creek Elementary School

Public District PK-6

1.0 mi

13650 Lake Otis Pkwy

5

Ocean View Elementary School

Public District PK-6

1.1 mi

11911 Johns Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $134,065. Residents of Anchorage, AK typically earn between $100k-200k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

12%
<35k
24%
35k-100k
42%
100k-200k
22%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

24%
Single, No Kids
8%
Single, with Kids
34%
Married, No Kids
34%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
16%
18-34 yrs old
50%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • SoccerSoccer
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • The Container StoreThe Container Store
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • StarbucksStarbucks
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • AcuraAcura
  • JeepJeep

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 12230 Rainbow Ave

The listing price of 12230 Rainbow Ave property is $447,500.

The property 12230 Rainbow Ave is a house located in Anchorage, Alaska, 99516.

Active Listing: 12230 Rainbow Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 12230 Rainbow Ave are: Bowman Elementary School (GreatSchools Rating 6/10), Rabbit Creek Elementary School (GreatSchools Rating 9/10), Ocean View Elementary School (GreatSchools Rating 5/10), Hanshew Middle School (GreatSchools Rating 3/10), Goldenview Middle School (GreatSchools Rating 5/10), Mears Middle School (GreatSchools Rating 3/10), South High School (GreatSchools Rating 7/10), Focus Homeschool (GreatSchools Rating 4/10), Service High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $5,652 (source: MLS/based on county public records data).

The property at 12230 Rainbow Ave has 3 bedrooms and 2 bathrooms.

The year of construction for 12230 Rainbow Ave is 1960.

This home is located at 12230 Rainbow Ave in Anchorage, AK and zip code 99516 in the Huffman / O' Malley neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $447,500.

The inventory of homes for sale in Anchorage, AK between April and May 2025 increased by 8.2%. In May 2025 median list price was $406,369 and the average listing age was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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