1149 Rainbow Road
New
New
Single FamilyProperty Type
0.51 acresLot Size
1983Year Built
$174/sq ftPrice per sq ft
1 carParking Spaces
Description
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...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.
1 day on Market
- Listed by: Elizabeth Cornett • Ace Realty
Last updated: 10/04/2026 01:18 PM • Source: Tennessee Virginia Regional MLS, MLS#: 10001726
Location
Listing Courtesy of Ace Realty, Elizabeth Cornett (423.471.1652)
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Payment Calculator
$1,297 per month
30 year fixed, 7.03% Interest
Principal and Interest
$1,255
Property Taxes
$43
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 1149 Rainbow Road
Property Details
- Taxes: $511 / year
- MLS Type: Residential / Single Family Residence
- County: Johnson County
- Architectural Style: Ranch
- View: Mountain(s)
- Zoning: Residential
- Subdivision: Not In Subdivision
Building Information
- Stories: 1
- Year Built: 1983
- Lot Size: 0.51 AC / 22,215 SF
Summary
Location and General Information
- City: Mountain City
- County: Johnson
- Directions: Take Hwy 421 S to the Food Lion crossroads and turn right onto Hwy 167 W. Immediately turn right onto Rainbow Road. Continue a little over one mile. The property will be on the left, marked with a sign.
- Latitude: 36.45
- Longitude: -81.81
- Postal Code: 37683
- State Or Province: TN
- Topography: Cleared, Level
- MLS Area Major: 316 - Mtn. City/Johnson County
- MLS Area Minor: 316 - Mtn. City/Johnson County
- General Property Description : Zoning: Residential
Taxes and HOA Information
- Tax Book Number: 177
- Association/Amenities: Landscaping
- Association: No
- Parcel Number: 054 082.00
- Association Fee: 0.0
- General Property Description : Deed Book: 177
- General Property Description : Deed Page: 194
- Location Tax Legal Info : City Taxes: $.00
- Location Tax Legal Info : County Taxes: $510.51
School Information
- High School: Johnson Co
- Middle Or Junior School: Johnson Co
- Elementary School: Roan Creek
Parking
- Garage Spaces: 1.00
- Attached Garage: No
Property
Lot Information
- Lot Size Dimensions: See acres
- Lot Size Square Feet: 22,215.60
- Lot Size Acres: 0.51
- Lot Size Area: .51
- Lot Size Units: Acres
- Living Area: 1,350.00
- Building Area Total: 1,350.00
- General Property Description : Acres: .51
- General Property Description : Above Grade SqFt: 1350.0
- General Property Description : Total SqFt Unfinished: 0.0
- SqFt Details : Finished SqFt Level: 1350
- SqFt Details : Basement Total SqFt: 0
- SqFt Details : Garage Total SqFt: 0
Property and Assessments
- Property Condition: Average
- Property Type: Residential,Single Family Residence
- Year Built: 1983
- Property Sub Type: Single Family Residence
- Property Type Label: Residential
- New Construction: No
- Showing Instructions : Sign: Yes
Utilities
- Sewer: Septic Tank
- Water Source: Public
Interior and Exterior Features
Interior Features
- Cooling: Heat Pump
- Laundry Features: Electric Dryer Hookup, Washer Hookup
- Other Structures: Garage(s), Shed(s), Storage
- Bathrooms Total Decimal: 1.00
- Flooring: Carpet, Vinyl
- Rooms Total: 6
- Bathrooms Total Integer: 1
- Bathrooms Total Notational: 1.00
- Cooling: Yes
- Heating: Yes
- Levels: One
- Stories: 1
- General Property Description : Stories: 1
Exterior Features
- Construction Materials: Wood Siding
- Parking Features: Driveway, Garage Door Opener, Gravel
- Patio And Porch Features: Back, Deck
- Roof: Shingle
- Heating : Heat Pump: Heat Pump, See Remarks
- Walls : Drywall: Yes
- Other Structures : Storage: Yes
- Roof : Shingle: Yes
Property History for 1149 Rainbow Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 4, 2026 | Listed (Active) Tennessee Virginia Regional MLS #10001726 | $235,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/04/2026 | Listed (Active) Tennessee Virginia Regional MLS #10001726 | $235,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 1149 Rainbow Road
Taxable ValueLand$2,675Additions$20,425Total$23,100
Tax Record2024$511 ($43 / month)
Home Facts
Beds0Total Finished SqFt1,350 SqFtAbove Grade Finished SqFt1,350 SqFtStories1Lot Size22,216 SqFtStyleSingle Family ResidenceYear Built1983Year Renovated2001CountyJOHNSONAPN054 08200
Schools near 1149 Rainbow Road
This home is within Johnson County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 6 |
Rating | School | Distance |
|---|---|---|
Roan Creek Elementary School PublicPK to 6 | ||
Johnson County Middle School Public7 to 8 | ||
Johnson County High School Public9 to 12 | ||
Mountain City Elementary School PublicPK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Ace Realty, Elizabeth Cornett (423.471.1652)
The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 10/04/2026 01:18 PM