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5492 Gilmer Lane, 
Rainbow City, AL 35906

$399,900

3

Beds

3

Baths

3,321

Sq Ft

Single Family

Active

Listed by

Jamie Carlton

Impact Realty, LLC.

256-459-4001

Last updated:

March 1, 2026, 03:36 PM

MLS#

21905771

Source:

AL NALMLS

About This Home

5492 Gilmer Lane

Beautiful home with waterfront views! This spacious property offers 3 bedrooms and 3 bathrooms on 1.37 acres, featuring approximately 350 feet of waterfront with a peaceful slough on the right side of the property. Enjoy lake life with a covered pier, plus a huge yard perfect for entertaining family and friends. This home has a fireplace, 2 dens, a living room/dining room, and a bonus room downstairs with a kitchen—ideal for guests or entertaining. Additional highlights include a fire pit, space for parties, a large garage, laundry room, wine/canning cellar, large storage building, and the primary suite on the main level. Just move in or add your personal touch!

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1968

Price Summary

399,900

$120 per Sq. Ft.

MLS #:

21905771

Last Updated:

March 1, 2026, 03:36 PM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,321 Sq. Ft.

Structure

Structure

Building Area:

3,321 Sq. Ft.

Year Built:

1968

Lot

Lot Size (Sq. Ft):

59,677

Finances & Disclosures

Finances

Price:

$399,900

Price per Sq. Ft:

$120 per Sq. Ft.

MLS Logo
The information being provided by Valley MLS (formerly North Alabama MLS) is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Valley MLS (formerly North Alabama MLS) All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.