5398 Rainbow Parkway, Toomsuba, MS 39364

$449,000
Property Type: Residential-Outside Bedrooms: 3 Baths: 2.5 Square Footage: 3,365 Status: Active
Current Price: $449,000 List Date: 2/23/2026 Last Modified: 3/19/2026

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: March - 19 - 2026
Information deemed reliable but not guaranteed.