Recently Listed Open House 7/26 11am - 1pm
1 Rainbow Way
Ballston, NY, 12020 $ 998,000
Bedrooms5 Baths3.3 Sq 3,450 Monthly Estimate*
$ 6,301
for $998,000 with 5 bedrooms and 3 full baths, 3 half baths. This 3,450 square foot home was built in 1995 on a lot size of 2.1.
Acreage, privacy, tranquility and sophistication galore! Constructed, remodeled, and lovingly cared for by the same family, this one-owner estate offers 5 bedrooms, 6 baths, and exceptional versatility throughout. The heart of the home is a stunning chef's kitchen featuring top-of-the-line Sub-Zero and Thermador appliances, a massive center island with bar seating, custom decorative ceiling, statement lighting, brick accents, and double wall ovens to create an impressive yet functional space, filled with natural light from oversized windows and doors. The spacious first floor also includes a grand family room with vaulted ceilings and a full masonry wood-burning fireplace, an elegant sitting room with hardwood floors and gas stove, formal dining room, executive office, parlor/piano room, junior primary suite, and an additional bedroom. Upstairs, the luxurious primary suite offers a private balcony overlooking the 20x40 kidney-shaped inground pool and serene backyard; your own nature-filled retreat. The finished lower level features a gym, craft room, game room, powder room, ample storage, and separate entrance (in-law headquarters potential.) The outstanding detached outbuilding, currently used as a workshop, offering 1,334 sq ft on the first floor (12'4'' ceilings) plus 450 sq ft of second-floor storage (7' ceilings). Equipped with three 10' x 9' overhead doors, radiant heated floors, separate gas, hot water boiler, and half bath, with most of the metal storage shelving possible to be included. Additional highlights include an attached 2-car garage, spacious mudroom. The pool is scheduled to open by the end of May. Ideally located near Saratoga Lake public marinas, waterfront dining, just 6 miles to downtown Saratoga Springs, and minutes to Saratoga Race Course. Shed, chicken coop, marble bench and 1 cabinet in the garage are excluded. The remaining items could be negotiable.
See more
Open House
7/26/2026 11:00 AM - 1:00 PM
1 Rainbow Way Ballston, NY
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Septic Tank
Heating Forced Air Natural Gas Radiant Radiant Floor
Cooling Central Air
Utilities Cable Connected
Roof Asphalt Shingle
Appliances Washer/Dryer Double Oven Dishwasher Cooktop
Zoning 1 Family Red
Garage Spaces 7
Patio/Porch Features Covered Patio Porch
Architectural Style Contemporary
Pool Features In Ground Outdoor Pool Salt Water
Security Features Building Security Closed Circuit Camera(s)
Construction Materials Cedar Stone
Year Built 1995
Electric 200+ Amp Service
Township Other
Levels Two
Property Subtype Single Family Residence
County Saratoga
New Construction false false
Property Type Residential
Attached Garage true
Energy Efficient Water Heater
Garage Y/N true
Other Structures Garage(s) Gazebo Shed(s)
Total Rooms 16
Full Baths 3
Status Active
City Ballston
High School District Ballston Spa Central School District
MLS Area Malta
Lot Size Units Acres
Lot Size Square Feet 91476
Tax Annual Amount 11029
Property Condition Updated/Remodeled
MLS Area Minor Malta
Standard Status Active
Tax Assessed Value 714000
Tax Lot 4
Legal Description Estimated
See more
InteriorInterior Amenities Built-in Features Cathedral Ceiling(s) Central Vacuum Crown Molding High Speed Internet Open Floorplan Stone Counters Tray Ceiling(s) Vaulted Ceiling(s) Walk-In Closet(s)
Basement Finished Full Walk-Out Access
Flooring Carpet Ceramic Tile Hardwood Linoleum Tile Wood
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Wood Frames
Above Grade Finished Area 3450
Half Baths 3
Laundry Features Electric Dryer Hookup Laundry Room Washer Hookup
Total Bedrooms 5
Below Grade Finished Area 2250
Total Baths 6
See more
ExteriorExterior Amenities Lighting
Fencing Fenced Invisible
Parking Features Paved Off Street Heated Garage Garage Door Opener
Lot Features Cleared Corner Lot Landscaped Private
Water Source Well
Lot Size Area 2.1
Foundation Details Concrete Perimeter
Building Area Total 3450
Lot Size Acres 2.1
See more
* Excluded FeaturesList ByVera Cohen Realty, LlcBroker
vcohen@veracohenrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,301
- Monthly Property Taxes
- $919
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Ballston, NY
Average List Price $739,160
Percent of Sale Price 26%
About Ballston, NY 10,660 Population
23% Since 2002
$ 84,171 Median Income
44 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/24/2026 | $998,000 | -7.16% | Price Down |
| 7/17/2026 | $1,075,000 | | Listed Price |