#9973181, Cindy Edwards, Listing office: REMAX Checkmate, Inc. Realtors
$600,000 List price
542 Rainbow Rd Mountain City, TN 37683
3 beds
2 full
2,046 sqft
11.2 acres
$293 / sqft
House
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
Home typeSingle Family Residence
HeatingHeat Pump, Wood
StatusActive
CoolingCeiling Fan(s), Heat Pump
Size2,046 sqft
BasementYes
Lot size11.16 Acres
Year built1978
ParkingDeeded, Asphalt, Carport, Garage Door Opener
MLS #9968103
Garage1 space
FireplaceBasement, Flue, Living Room
ViewMountain(s), Creek/Stream
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
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 1:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Most Mountain City, TN residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
60%
<35k
34%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
11%
Single, with Kids
31%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Monster Trucks
NASCAR
Hunting
Where do the neighbors shop?
Wal-Mart
Dollar General
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
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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. Between May and June 2025, Mountain City, TN real estate market has seen increase in the number of listings by 11.3%. In June 2025 median list price was $253,400 and the average listing age was 136 days.
From Rocket Homes Real Estate and based on county public records data.