For Sale: 464 Rainbow Drive, Kaslo, BC - REW
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$2,100,000
4 bd 5 ba 3392 sf Fourplex
464 Rainbow Drive
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464 Rainbow DriveKaslo, BC, V0G 1M0

  • 4 Bed
  • 5 Bath
  • 3392 Sqft
  • Fourplex

About this home

Rare waterfront opportunity on Kootenay Lake, offering stunning views, private acreage, and outstanding income or multi-family potential. Set on 0.94 acres with direct water access and multi-unit boat storage, this property features four separate, fully self-contained living units. Home was re-built in 2003-2005. The main floor offers comfortable primary living quarters, while the spacious upper unit impresses with its own bedroom, bathroom, and a private balcony perfectly positioned to take in panoramic views of the lake and surrounding mountains. Two additional lower-level suites each include a full kitchen, dining and living area, in-suite laundry, full bathroom, large bedroom, and covered patio, offering comfort, privacy, and space for family or guests year-round. Outside, a detached commercial-grade laundry building with additional storage adds further practicality, while garden space provides room to grow, relax, or entertain. Whether you’re seeking a private waterfront retreat, a multi-generational family compound, or a turn-key income property, this home delivers exceptional flexibility and lakeside charm just minutes from downtown Kaslo. The waterfront also offers a covered 8 bay boat storage with 2 additional outside slips. Don’t miss this rare chance to own a true waterfront estate in beautiful Kaslo, BC, where mountain serenity meets lake living, and opportunity meets lifestyle. (id:63626)
Listed by: Luke Mori, Fair Realty (Nelson)

Home facts and features

Price details
List Price
Gross Taxes for 2026
$8,612
Home facts
Bedrooms
4
Full Bathrooms
5
Parking Spaces
20
Parking Details
Oversize
Property Type
Fourplex
Lot Size
40946 ft²
Depth
Year Built
Built in 1946 (80 yrs old)
Title
Freehold
Heating Type
Forced air, See remarks
Cooling
Heat Pump
Features
Balcony, Three Balconies
Appliances
Cooktop - Gas, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Agent details
Primary Agent
Primary Broker
Fair Realty (Nelson)
Listing details
Days on REW
14 Days
Property Views
53
MLS® Number
10393826
Source
Canadian Real Estate Association
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

J V Humphries Elementary-Secondary School
  • Public
  • K - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-21.