1994 Rainbow DrLancaster, OH 43130

Property Details for 1994 Rainbow Dr

Property type

Land

Description

This exceptional 12.5-acre property, located at 1994 Rainbow Drive NE in Lancaster, Ohio, presents a unique opportunity to build a custom home while enjoying the convenience of city living. Situated within the Lancaster city limits (zip code 43130), this heavily wooded lot offers the privacy and tranquility of a rural setting, yet is close to all city amenities. The property encompasses 544,935.6 square feet and is currently zoned Residential Medium Density. All utilities are readily available at the road. Note that Carper Street dead-ends into this property. A significant investment will be required to access the property due to a ravine/stream crossing, estimated at $75,000 for a culvert or bridge. The asking price of $185,000 reflects this necessary infrastructure improvement. This is an ideal location for those seeking a secluded yet accessible homesite. Buyers should factor in the cost of the culvert/bridge construction into their overall budget. This property is being offered as-is.

Location Insight

City

Lancaster

County

Fairfield

State

Ohio

Latitude

39.7558

Longitude

-82.5605

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