#9973181, Cindy Edwards, Listing office: REMAX Checkmate, Inc. Realtors
542 Rainbow Rd Mountain City, TN 37683
Property details
About 542 Rainbow Rd
LOVELY RANCH STYLE HOME located just outside the quaint town of Mountain City. Situated on an amazing 11.16+/- acres the property is estate living at its best. A blend of traditional white brick and a color palette of cavern clay decorates the exterior for a distinctive combination of style. 3-4 bedrooms including.... 2 full baths, one on each level, the home offers an exceptional family room with vaulted ceilings and exposed beams, a spacious kitchen with eat in area, kitchen cabinet and appliance upgrades and all with access to the wrap around and side covered porches. Beautiful appointments the home offers a partially finished basement with a den and sleep combination area, an astounding pantry and storage zone along with a workshop space. A one car drive under garage is also featured. Landscaped professionally and by nature tour the property to find a barn/shed along with ATV and walking trails leading to the keystone of our listing .... the pond and meadows featured on the lower acreage. Privacy and seclusion with long range mountain views all tucked away within just minutes to the downtown restaurants, antique shops, and retail shopping stores. Come and enjoy the majestic mountains of Northeast Tennessee. Unrestricted this property is one of a kind. Two- car carport and gazebo are also extras that convey. Experience living in the great state of Tennessee and take in the magic of the Blue Ridge Mountains. Close to Lake Watauga, Watauga Lake Winery, DMRA, Va Creeper & Appalachian Trails, Boone NC, Western North Carolina Ski Slopes, Bristol Motor Speedway and all Tri City area attractions. Enjoy all four seasons. Call today and be the first to view 542 Rainbow Road. Buyer/buyer's agent to verify all information.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Ceramic Tile, Hardwood, Vinyl
- Interior: Primary Downstairs, Eat-in Kitchen, Kitchen/Dining Combo, Pantry
- Fireplace: Basement, Flue, Living Room
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: No
- Parking: Deeded, Asphalt, Carport, Garage Door Opener
- View: Mountain(s), Creek/Stream
- Exterior: Privacy Fence, Porch/Covered, Deck, Porch Front, Wrap Around Porch, Garden
- Architectural Style: Ranch, Traditional
- Heating: Heat Pump, Wood
- Cooling: Ceiling Fan(s), Heat Pump
- List Price: $600,000
- Price/SqFt: $293
- Annual Tax Amount: $943
- Tax Year: 2023
- Lot: Pasture
- Directions: Take Hwy 421 S. Turn right onto Hwy 167 at Food Lion crossroads. Next right onto Rainbow Road. Approximately .3 miles turn right into property. Property is signed.
- Year Built: 1978
- Living Area: 2,046 SqFt
- Lot Size: 11.16 Acres
- MLS Number: 9968103
- Office Name: Ace Realty
- Office Phone: (423) 727-5554
- Office Email: eaehlert3@gmail.com
- Listing Agent: Elizabeth Cornett
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 17, 2013 | Home Sold | $157,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $52,125 | $943 |
2022 | $52,125 | $943 |
2021 | $52,125 | $943 |
2020 | $52,125 | $943 |
2019 | $42,875 | $879 |
2018 | $42,875 | $879 |
2017 | $42,875 | $879 |
History based on county public records data.
Nearby schools
6
Mountain City Elementary School
Public District PK-6
1.6 mi
•301 Donnelly St
4
Roan Creek Elementary School
Public District PK-6
2.4 mi
•2410 Roan Creek Rd
5
Doe Elementary School
Public District PK-6
6.1 mi
•7164 Highway 67 W
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,826. Typical income of Mountain City, TN residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 542 Rainbow Rd
The listing price of 542 Rainbow Rd property is $600,000.
The property 542 Rainbow Rd is a house located in Mountain City, Tennessee, 37683.
Active Listing: 542 Rainbow Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 542 Rainbow Rd are: Mountain City Elementary School (GreatSchools Rating 6/10), Roan Creek Elementary School (GreatSchools Rating 4/10), Doe Elementary School (GreatSchools Rating 5/10), Johnson County Middle School (GreatSchools Rating 4/10), Mabel School (GreatSchools Rating 3/10), Bethel School (GreatSchools Rating 6/10), Johnson County High School (GreatSchools Rating 6/10), Holston High School (GreatSchools Rating 6/10), Watauga High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $943 (source: MLS/based on county public records data).
The last sale was on January 17, 2013 for $157,000 (source: MLS/tax record).
The property at 542 Rainbow Rd has 3 bedrooms and 2 bathrooms.
The property 542 Rainbow Rd is 2,046 SqFt (source: MLS/tax record).
The year of construction for 542 Rainbow Rd is 1978.
This home is located at 542 Rainbow Rd in Mountain City, TN and zip code 37683. This 2,046 square foot home, which was built in 1978, sits on a 11.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 2, 2024 and is currently priced at $600,000.
While more than 1 listings in Mountain City, TN in June 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 5 were sold below. The number of homes for sale in Mountain City, TN increased by 11.3% between May and June 2025. The median list price of listings available in June 2025 was $253,400, while the average time on the real estate market was 136 days.