For sale Home

Listed Jul 2, 2024

$545,000 Est. $3,605/mo

542 Rainbow Road

  • 3

    Beds

  • 2

    Baths

  • 2,046

    Sq ft

The story

  • Basement

Whether you love fishing, hunting, or camping under the stars, this property offers endless outdoor enjoyment and adventure. Located just outside the quaint town of Mountain City, this lovely ranch-style home sits on an impressive 11.16± acres, offering estate living at its best. A charming blend of traditional white brick and a warm cavern clay exterior creates a distinctive and timeless appeal. Featuring 3-4 bedrooms and 2 full baths—one on each level—the home boasts an inviting family room with vaulted ceilings and exposed beams, a spacious eat-in kitchen with updated cabinetry and appliances, and convenient access to the wraparound and side covered porches, perfect for relaxing and enjoying the peaceful surroundings. The partially finished basement includes a cozy den and sleeping area, an expansive pantry and storage zone, and a workshop space, along with a one-car drive-under garage. Professionally and naturally landscaped, the property invites you to explore its barn/shed, ATV and walking trails, and the true highlight—a beautiful pond surrounded by open meadows. Enjoy privacy, seclusion, and long-range mountain views, all just minutes from the charming downtown area with its local restaurants, antique shops, and retail stores. Additional features include a two-car carport and gazebo, both conveying with the sale. Experience life in the great state of Tennessee and the beauty of the Blue Ridge Mountains. Close to Lake Watauga, Watauga Lake Winery, DMRA, Virginia Creeper & Appalachian Trails, Boone NC, Western North Carolina ski slopes, Bristol Motor Speedway, and all Tri-Cities area attractions. Enjoy all four seasons—this one-of-a-kind property is ready to welcome you home. Call today to schedule your private showing of 542 Rainbow Road. Buyer/buyer's agent to verify all information.

Facts & features

Home type

Home

Year built

1978

Lot size

11 acres

Price per sq ft

$266

Parking

1-car garage

Included features

  • Fireplace

    Yes

  • Basement

    Yes

  • Cooling

    Ceiling Fan(s), Heat Pump

  • Heating

    Heat Pump, Wood

  • Appliances

    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

  • Flooring

    Ceramic Tile, Hardwood, Vinyl

  • Roof

    Metal

  • Lot Information

    Pasture

  • Exterior

    Garden

  • Water Source

    Public

  • Sewer

    Septic Tank

  • View

    Mountain

Mortgage calculator

Estimated monthly payment

$3,605 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,901
  • Property tax $545
  • Insurance $159

Includes principal, interest, taxes & insurance.

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Listing Broker

Ace Realty

Broker Name

Ace Realty

Agent

Elizabeth Cornett