160 Rainbow Ln

1,980 Sq. Ft.
$152 / Sq. Ft.
1,980
Sq. Ft.
$152
per Sq. Ft.

Description

Explore this distinctive country home just a short walk from Norris Lake, offering stunning mountain views on a peaceful cul-de-sac. The main level includes a master bedroom with an attached bath and a spacious living room. The rear deck, adjacent to the kitchen and dining area, is perfect for gatherings. The covered front porch provides a mountain view and a serene setting. This newly renovated 2-story, 3BR/2+BA home has great short-term rental potential. The buyer can occupy the primary section...Explore this distinctive country home just a short walk from Norris Lake, offering stunning mountain views on a peaceful cul-de-sac. The main level includes a master bedroom with an attached bath and a spacious living room. The rear deck, adjacent to the kitchen and dining area, is perfect for gatherings. The covered front porch provides a mountain view and a serene setting. This newly renovated 2-story, 3BR/2+BA home has great short-term rental potential. The buyer can occupy the primary section while possibly renting out the lower-level third bedroom. The lower level is equipped as a full studio apartment with plumbing and a separate entrance, offering flexibility and investment potential. Don't miss this opportunity!

Property Details for 160 Rainbow Lane

Architectural Style
Traditional
Subdivision Name
Rainbow Resort
View
Country Setting, Wooded
Waterfront
No
LISTING UPDATED: 05/01/2025 02:33 PM

Property Details for 160 Rainbow Lane

StatusClosed
MLS #2834065
Days on Market45
Taxes$622 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1994
Lot Size0.55 AC / 23,958 SF
CountyCampbell County

Location

Listing Courtesy of Keller Williams Realty, Brandi Crass (865.323.7723)

Sold By Home and Farms Realty, Sydney Friedman (760.415.4571)

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Building Information for 160 Rainbow Lane

Stories2Year Built1994Building Size-Lot Size0.55 AC / 23,958 SF

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OriginPoint Mortgage or Rocket Mortgage1

$1,508 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,456

Property Taxes

$52

HOA Dues

$0

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Property Information for 160 Rainbow Lane

Summary
Location and General Information
  • Directions: I-75 N to exit 134 onto I-75ALT/Appalachian Hwy/Veterans Memorial Hwy/Jacksboro Pike toward LaFollette. R on Hunters Branch Rd, to R on Demory Rd, to R on Grantsboro Rd. Stay L onto Rainbow View Rd to R on Rainbow Ln. Home will be on a hill to the right.
  • Levels: Three Or More
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
Parking
  • Garage Spaces: 2.00
  • Parking Features: Garage Door Opener, Attached
  • Parking Total: 2.00
Property
Building Information
  • Above Grade Finished Area Source: Appraiser
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Appraiser
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Appraiser
  • Building Area Units: Square Feet
  • Flooring: Carpet, Laminate
Green Features
  • Green Energy Efficient: Doors
Lot Information
  • Lot Features: Cul-De-Sac, Other, Rolling Slope
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Parcel Number: 117E A 00100 000
  • Lot Size Area: 0.55
Property and Assessments
  • Construction Materials: Frame, Other
  • Documents Count: 7
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: No
  • Security Features: Smoke Detector(s)
  • Senior Community: No
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Basement: Finished
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating: Yes
Interior and Exterior Features
Interior Features
  • Appliances: Dryer, Microwave, Refrigerator, Oven, Washer
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace: No
  • Interior Features: Ceiling Fan(s), Primary Bedroom Main Floor
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
Exterior Features
  • Attached Garage: Yes
  • Carport: No
  • Covered Spaces: 2.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View YN: No
Room Information
Room 1
  • Room Features: Walk-In Closet(s)
  • Room Type: Bedroom 1
Rental Information
Rental Information
  • Availability Date: 11-09-2023

Property History for 160 Rainbow Lane

DateEvent & SourcePriceAppreciation
Feb 9, 2024

Closed

REALTRACS #2834065

$300,000—
Feb 9, 2024

Closed

KAARMLS #1244612

$300,000—
Jan 19, 2024

Closed (Public Record)

Public Record #1540660221

$300,000

+22.3% / yr

Dec 24, 2023

Contract - Not Showing

REALTRACS #2834065

—
Dec 24, 2023

Contract - Not Showing

KAARMLS #1244612

—
Nov 10, 2023

Listed (Active)

KAARMLS #1244612

$325,000—
Nov 9, 2023

Expired

KAARMLS #1244612

—
Nov 9, 2023

Listed (Active)

KAARMLS #1244612

$325,000—
Dec 4, 2014

Closed

KAARMLS #905722

$47,000—
Nov 24, 2014

Contract - Not Showing

KAARMLS #905722

—
Nov 5, 2014

Listed (Active)

KAARMLS #905722

$59,900—
Nov 4, 2014

Closed (Public Record)

Public Record #483751720

$47,000—
Oct 30, 2014

Expired

KAARMLS #884850

—
Jul 25, 2014

Price Change

KAARMLS #884850

$69,000—
Apr 30, 2014

Listed (Active)

KAARMLS #884850

$75,000—
Apr 10, 2014

Expired

KAARMLS #864368

—
Mar 28, 2014

Price Change

KAARMLS #864368

$75,000—
Oct 14, 2013

Listed (Active)

KAARMLS #864368

$109,900—
DateEvent & SourcePrice
02/09/2024

Closed

REALTRACS #2834065

$300,000
02/09/2024

Closed

KAARMLS #1244612

$300,000
01/19/2024

Closed (Public Record)

Public Record #1540660221

$300,000

+22.3% / yr

12/24/2023

Contract - Not Showing

REALTRACS #2834065

—
12/24/2023

Contract - Not Showing

KAARMLS #1244612

—
11/10/2023

Listed (Active)

KAARMLS #1244612

$325,000
11/09/2023

Expired

KAARMLS #1244612

—
11/09/2023

Listed (Active)

KAARMLS #1244612

$325,000
12/04/2014

Closed

KAARMLS #905722

$47,000
11/24/2014

Contract - Not Showing

KAARMLS #905722

—
11/05/2014

Listed (Active)

KAARMLS #905722

$59,900
11/04/2014

Closed (Public Record)

Public Record #483751720

$47,000
10/30/2014

Expired

KAARMLS #884850

—
07/25/2014

Price Change

KAARMLS #884850

$69,000
04/30/2014

Listed (Active)

KAARMLS #884850

$75,000
04/10/2014

Expired

KAARMLS #864368

—
03/28/2014

Price Change

KAARMLS #864368

$75,000
10/14/2013

Listed (Active)

KAARMLS #864368

$109,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 160 Rainbow Lane

Taxable ValueLand$1,850Additions$28,250Total$30,100
Home Facts
Beds0Total Finished SqFt1,456 SqFtAbove Grade Finished SqFt1,456 SqFtUnfinished Basement SqFt1,120 SqFtStories2Lot Size23,958 SqFtStyleSingle Family ResidenceYear Built1994CountyCAMPBELLAPN117E A 00100

Schools near 160 Rainbow Lane

This home is within Campbell County.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Lafollette Elementary School
PublicPK to 5

East Lafollette Learning Academy
Public6 to 12

Lafollette Middle School
Public6 to 8

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Brandi Crass (865.323.7723)

Based on information submitted to the MLS GRID as of 05/01/2025 02:33 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.