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$670,000

Listing Price

3beds

2baths

1,143sqft

486,130sqft lot

542 Rainbow Rd, Mountain City, TN 37683

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Off Market

Single Family

Home type

524.93

Price / sqft

1978

Year built

Home Details

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 &

Interior Details

Square Feet
  • 1143

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Hardwood

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 486130

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Metal

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$879

$0

$0

--%

$42,875

2019

$879

$0

$0

--%

$42,875

2017

$879

$0

$0

--%

$42,875

2016

$879

$0

$0

--%

$42,875

2016

$879

$0

$0

--%

$42,875

2013

$822

$0

$0

--%

$45,400

2013

$822

$0

$0

--%

$45,400

2011

$804

$0

$0

--%

$45,400

percent-home-icon

Average Home Price in 37683

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$670,000

3 Beds

2 Baths

1,143 Sqft

486,130 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
670,000
$
Down payment
134,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,020
$
HOA (Monthly)
0
$
PMI
0
$
$4,337
Your Payment
Total Monthly Payment:$4,337
Percent of Income:74%
Affordable:No

Details for 542 RAINBOW RD

Property Debt

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