$715,000

5811 Rainbow Springs Dr Chattanooga, TN 37416

$8,491
Closing credit¹
4 beds
3 full, 1 partial
3,781 sqft
1.0 acres
$189 / sqft
House

Property details

About 5811 Rainbow Springs Dr

This beautiful and stately home on the nicest lot on the Eagle Bluff Golf Course could be yours! Surrounded by beautiful greens and backing up to a stocked pond, this home boasts almost 4000 square feet of beauty. This home is designed for entertaining and relaxing, both inside and out. A wrap-around covered deck gives you a superb view of the ridges nearby, the wildlife and the adjoining 9th tee which makes this this yard feel twice as big as other lots in the neighborhood. There is easy entry from the circular driveway into a dramatic foyer & front staircase. Relax in the custom library while large windows capture the natural light around you. Make a drink in the custom wet bar and warm by the massive fireplace in the sunken great room, with a beautiful plank ceiling that also spans the entire rear of the home, or cook up a feast in the vast kitchen, which is the centerpiece of the home. Upstairs, enjoy the elegance of a superb master bedroom, large yet still cozy with a fireplace and bookshelves. The master bath offers a large free-standing tub, which is uniquely situated to take advantage of several views. Dual sinks, large open spaces and multiple closets complete the master ensemble. All bedrooms and bathrooms are larger than average, for a true custom-home feel. One of the bedrooms serves perfectly as a large In-Law/Guest/Teen-Ager Suite or Bonus/Rec Room with its own bathroom. There is a large 2-car garage and ample overflow parking as well as an entrance from the garage (past the mudroom) straight into the kitchen. Mature landscaping compliments the low-maintenance exterior. The shrubs and plant beds are designed to minimize trimming, freeing up your time to enjoy the home. Extra storage (dry and lockable) was added underneath the deck to maximize the garage space. At night, the landscape lighting highlights this home or enjoy the warm glow of the lights from the homes across the ridge. New HVAC systems installed in 2023 with transferable warranty, new gutters and guards, new dishwasher, roof is 5 years old! Whether inside or out, the views and surroundings of this home are what makes it unique. Beautiful hardwoods, granite throughout, vaulted ceilings, crown moldings, spacious rooms, high baseboards, custom lighting and more make this home a must see! Lake/Water Access and Public Boat Ramps Close By! Community-Wide High-Tech Video Security Surveillance at Neighborhood Entrance! Schedule your viewing today to see the best home in this prestigious neighborhood! (Chandelier in dining room does NOT convey. Seller will replace prior to closing.)

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Central
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCeiling Fan(s), Central Air, Multi Unit(s)
Size3,781 sqft
Lot size1 Acres
Year built1988
ParkingCircular Driveway, Driveway, Garage, Attached
MLS #20245228
Attached garage2 spaces
FireplaceGas Log

Summary

  • MLS Number: 20245228
  • MLS Name: RiverCounties
  • Office Name: LPT Realty
  • Office Phone: (877) 366-2213
  • Office Email: boards@lpt.com
  • Listing Agent: Wade Kelley

Information obtained from TNRCAR. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/8/2025, 4:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a yard

$715,000

5811 Rainbow Springs Dr

$8,491

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 24, 2021
Home Sold
$519,000
Oct 29, 2018
Home Sold
$430,000
Apr 06, 2017
Home Sold
$367,000
Jan 31, 2011
Home Sold
$352,000
May 21, 1997
Home Sold
$221,500
Aug 12, 1996
Home Sold
$221,500
Feb 28, 1992
Home Sold
$221,500

Tax history

YearAssessmentProperty Tax
2023$102,800$2,308
2022$102,800$2,308
2021$102,800$2,308
2020$93,150$2,308
2019$93,150$2,584
2017$93,150$2,584

History based on county public records data.

Nearby schools

2

Harrison Elementary School

Public District PK-5

2.3 mi

5637 Highway 58

7

Big Ridge Elementary School

Public District KG-5

3.2 mi

5210 Cassandra Smith Rd

8

Wallace A. Smith Elementary School

Public District PK-5

3.9 mi

6930 Hunter Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $94,929. Typical income of Chattanooga, TN residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

15%
<35k
41%
35k-100k
29%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

26%
Single, No Kids
6%
Single, with Kids
52%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
14%
18-34 yrs old
51%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • ArbysArbys
  • Bob EvansBob Evans

What do the neighbors drive?

  • LexusLexus
  • GMCGMC
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5811 Rainbow Springs Dr

This home is located at 5811 Rainbow Springs Dr in Chattanooga, TN and zip code 37416 in the Harrison neighborhood. This 3,781 square foot home, which was built in 1988, sits on a 1.00 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 8, 2024 and is currently priced at $715,000.

In March 2025, from all listings sold in Chattanooga, TN there were more than 66 sold above asking price, over 194 sold below and more than 103 were sold right at the asked price. The number of homes for sale in Chattanooga, TN increased by 8.2% between February and March 2025. Listings spent 53 days on the market in March 2025, and had a median list price of $332,081 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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