5398 Rainbow Parkway, Toomsuba, MS 39364

$439,000

Property Type: Residential-Outside Bedrooms: 3 Baths: 2.5 Square Footage: 3,365 Status: Active

Current Price: $439,000 List Date: 2/23/2026 Last Modified: 4/14/2026

Overview

Description

Get ready for amazing lakefront living with an incredible setting to make the most of being on the water! This one owner, custom built home features hundreds of feet of seawall, a boat house and a gazebo! This property is located in the Northeast area of Lauderdale County in a gated community. If you're looking for a peaceful place to wake up to, daily water views from nearly every window, this is your spot!

Listing Details MLS# 26-164

None

Book Section: Residential - Outside
Realtor.COM Type: Residential-Single Family

Contract Information

Begin Date: 2026-02-23
Flood Insurance Required: N
Foreclosure: No
HOA Y/N: Yes
Fees: $450 + $240 sewer
Frequency: Yearly
HOA Contact Name: Gary Newell

Property Identification

Stories: 1.5
Total SqFt.: 3365
Total Rooms: 8
Total Bedrooms: 3
Total Full Baths: 2
Total Half Baths: Yes
Total Bathrooms: 2.5
Garage Type: Attached
Garage Stall: 2
Garage Remarks: Garage
Age: 28
Year Built: 1998
Condition: Excellent
Schools: Northeast
Rent: No
Exceptions: N
Mobile (Y/N): N
Basement: None
Waterfront: Yes

Location Tax and Legal

Area: 002 Outside City-Laud. County
House Number: 5398
Street Name: Rainbow
Street Sfx: Parkway
State/Province: MS
Postal Code: 39364
County: Lauderdale
Subdivision: Rainbow Lakes

Amenities

Deck: Yes
Fence: No
Fireplace #: 2
Fireplace Type: Gas Logs
Fireplace Insert: Yes
Patio: No
Storage Buildings: Yes
Swimming Pool: No

Appliances

Dishwasher: Yes
Garbage Disposal: Yes
Microwave: Yes
Range (Y/N): Yes
Range: Electric
Refrigerator: Yes

More Information

Construction

Foundation: Slab
Roof: Metal Roof
Roof Age: 28
Construction: Combination

Financing

Possession: Date of Deed

Utilities

Air G/E/O: Electric
Air Conditioning: Heat Pump
Cable: Yes
Heat G/E/O: Electric
Heat: Heat Pump Heat
Sewer: Lagoon
Water: Russell Utilities
Water Heater Y/N: Yes
Water Heater: Gas

Location, Tax and Legal

Taxes: 2839.3
Homestead (Y/N): Yes
Tax Year: 2025
Homestead Year: 2025

Walls

Sheet Rock: Yes

Property Features

Walls: Sheet Rock

Listing Office: BOYD WILLIAMS REAL ESTATE

Listing Agent: Berea Howard

Last Updated: April - 14 - 2026

Information deemed reliable but not guaranteed.