# 5626 Rainbow Drive, Helena, MT 59602 > **TL;DR:** land, $385,000. Est. $2,059/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $385,000 | | Property Type | Land (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,947 | | Estimated Insurance | $112 | | **Total** | **$2,059** | ## Description ### Agent Description Discover the perfect opportunity to build your dream home or investment property on this 2.34-acre Hauser Lake property in the sought-after Settlers' Cove neighborhood, just minutes from Helena, Montana. Located across the street from Hauser Lake, this buildable lot offers stunning lake and mountain views, existing utilities, and an unbeatable location for enjoying Montana's outdoor lifestyle. Positioned near the public boat launch, you'll have convenient access to boating, fishing, kayaking, paddleboarding, and year-round recreation on one of the Helena area's favorite lakes. Known for excellent fishing and a welcoming neighborhood atmosphere, Settlers' Cove is the ideal place to enjoy lake living while remaining close to city conveniences. This Montana lake lot is ready for your vision with a private well, septic system, and electricity already installed-saving significant time and development costs. Perched at one of the highest points in the neighborhood, the property offers exceptional views, privacy, and ample space for a custom home, shop, or outdoor living areas. With quick access to I-15 and just a short drive to Helena, this property combines the tranquility of Hauser Lake living with everyday convenience. ## Location - **Address:** 5626 Rainbow Drive, Helena, MT 59602 - **County:** Lewis and Clark - **Coordinates:** 46.709606, -111.90059 - **Google Maps:** https://www.google.com/maps?q=46.709606,-111.90059 ## Listing Agent - **Name:** Molly Holahan - **Brokerage:** Engel & Volkers Helena - **Broker Phone:** 4064221113 ## Photos ![5626 Rainbow Drive - Photo 1](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f2166207069r.jpg) ![5626 Rainbow Drive - Photo 2](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f3720562493r.jpg) ![5626 Rainbow Drive - Photo 3](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f3141097802r.jpg) ![5626 Rainbow Drive - Photo 4](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f3554776667r.jpg) ![5626 Rainbow Drive - Photo 5](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f3692690446r.jpg) ![5626 Rainbow Drive - Photo 6](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f1010573801r.jpg) ![5626 Rainbow Drive - Photo 7](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f90090689r.jpg) ![5626 Rainbow Drive - Photo 8](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f2365670046r.jpg) ![5626 Rainbow Drive - Photo 9](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f3576786329r.jpg) ![5626 Rainbow Drive - Photo 10](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f1639725897r.jpg) ![5626 Rainbow Drive - Photo 11](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f1247155024r.jpg) ![5626 Rainbow Drive - Photo 12](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f1512227011r.jpg) ![5626 Rainbow Drive - Photo 13](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f1053431562r.jpg) ![5626 Rainbow Drive - Photo 14](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f2467163471r.jpg) ![5626 Rainbow Drive - Photo 15](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f3583976202r.jpg) ![5626 Rainbow Drive - Photo 16](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f2002102030r.jpg) ![5626 Rainbow Drive - Photo 17](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f4093112500r.jpg) ![5626 Rainbow Drive - Photo 18](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f1495488162r.jpg) ![5626 Rainbow Drive - Photo 19](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f3940507613r.jpg) ![5626 Rainbow Drive - Photo 20](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f172171044r.jpg) ![5626 Rainbow Drive - Photo 21](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f1694431778r.jpg) ![5626 Rainbow Drive - Photo 22](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f152971700r.jpg) ![5626 Rainbow Drive - Photo 23](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f4220167478r.jpg) ![5626 Rainbow Drive - Photo 24](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f2371039374r.jpg) ![5626 Rainbow Drive - Photo 25](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f256646463r.jpg) ![5626 Rainbow Drive - Photo 26](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f865176117r.jpg) ![5626 Rainbow Drive - Photo 27](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f1164080830r.jpg) ![5626 Rainbow Drive - Photo 28](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f1123298354r.jpg) ![5626 Rainbow Drive - Photo 29](http://lh.rdcpix.com/e0293c48e9cbcfda2b0eb2aa37d2f40fl-f1100331569r.jpg) --- **MLS#:** 30039671 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/5626-rainbow-drive-helena-mt-59602-e11f97ce08dd41959ede8f96776d6304) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/5626-rainbow-drive-helena-mt-59602-e11f97ce08dd41959ede8f96776d6304#listing", "url": "https://www.propertysimple.ai/listing/5626-rainbow-drive-helena-mt-59602-e11f97ce08dd41959ede8f96776d6304", "name": "5626 Rainbow Drive, Helena, MT 59602", "description": "Discover the perfect opportunity to build your dream home or investment property on this 2.34-acre Hauser Lake property in the sought-after Settlers' Cove neighborhood, just minutes from Helena, Montana. Located across the street from Hauser Lake, this buildable lot offers stunning lake and mountain views, existing utilities, and an unbeatable location for enjoying Montana's outdoor lifestyle. Positioned near the public boat launch, you'll have convenient access to boating, fishing, kayaking, paddleboarding, and year-round recreation on one of the Helena area's favorite lakes. Known for excellent fishing and a welcoming neighborhood atmosphere, Settlers' Cove is the ideal place to enjoy lake living while remaining close to city conveniences. This Montana lake lot is ready for your vision with a private well, septic system, and electricity already installed-saving significant time and development costs. Perched at one of the highest points in the neighborhood, the property offers exceptional views, privacy, and ample space for a custom home, shop, or outdoor living areas. 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