For sale Home

Listed Oct 4, 2026

$235,000 Est. $1,554/mo

1149 Rainbow Road

  • 3

    Beds

  • 1

    Baths

  • 1,350

    Sq ft

The story

Enjoy the potential of this charming three-bedroom ranch home featuring a nice, level lawn and easy access from the county road. The open-concept layout connects the kitchen and front living area, creating a welcoming space with plenty of possibilities. A finished den offers additional living space, while the back deck just off the kitchen provides a convenient spot to relax and enjoy the backyard. The level back lawn features a few mature trees for added privacy, along with two storage sheds offering space for storage, hobbies, or a potential workshop. A detached garage provides additional parking, storage, or workspace. Ready for updates, this home offers a wonderful opportunity to bring your ideas to life and create a cozy, inviting space with your own personal style. Whether you are looking for an investment property, a full-time residence, or a part-time getaway in the Tennessee mountains, this property offers plenty of possibilities to make it your own. A wood-burning fireplace unit is present but is not attached, and the functionality of the existing chimney has not been verified. Conveniently located near downtown Mountain City amenities, beautiful Watauga Lake, Boone, NC, the Appalachian Trail, and the Virginia Creeper Trail, you can enjoy outdoor recreation and the beauty of the mountains throughout all four seasons. Tennessee is calling! Come see the possibilities and imagine what you could create here. Buyer and buyer's agent to verify all information, including square footage, features, utilities, and any other information deemed important to the buyer.

Facts & features

Home type

Home

Year built

1983

Floors

1

Lot size

1 acres

Price per sq ft

$174

Parking

1-car garage

Included features

  • Cooling

    Heat Pump

  • Heating

    Heat Pump

  • Appliances

    Dishwasher, Range, Refrigerator, Washer

  • Flooring

    Carpet, Vinyl

  • Roof

    Shingle

  • Water Source

    Public

  • Sewer

    Septic Tank

  • View

    Mountain

Mortgage calculator

Estimated monthly payment

$1,554 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,251
  • Property tax $235
  • Insurance $69

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Ace Realty

Broker Name

Ace Realty

Agent

Elizabeth Cornett