208 Rainbow Rd

Lancing, TN 37770

$225,000
Last Sold Price
1,101,196 / 25.28
Lot Size / Acres
Get preapproved with Rocket Mortgage1
Closed 7/31/23
Closed 7/31/23
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Power
Water

Description

Paradise awaits you on this 25.28 acre lot at the end of a private road opening up to continuous mountain views. Seller's house burned down and they are selling the land. Utilities on site already run. There is a slab on the property to build your dream home. Property comes with a one car garage, 4 stall barn, and chicken coop. Partially fenced in for livestock/animals of your choice. Well on property. As you hike the property on the extreme southwest corner you'll find a waterfall. Fiber optic internet...Paradise awaits you on this 25.28 acre lot at the end of a private road opening up to continuous mountain views. Seller's house burned down and they are selling the land. Utilities on site already run. There is a slab on the property to build your dream home. Property comes with a one car garage, 4 stall barn, and chicken coop. Partially fenced in for livestock/animals of your choice. Well on property. As you hike the property on the extreme southwest corner you'll find a waterfall. Fiber optic internet available.
  1. Listed by Troy Adams • Realty Executives Associates

Property Details for 208 Rainbow Road

Zoning Description
None, Zoned Residential, Zoned Agricultural
View
Mountain View
Zoning Zoned Agricultural
True
Zoning Zoned Residential
True
LISTING UPDATED: 07/31/2023 04:14 PM

Property Details for 208 Rainbow Road

StatusClosed
MLS #1224047
Days on Market70
Taxes$735 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage
Year Built-
Lot Size25.28 AC
CountyMorgan County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Realty Executives Associates, Troy Adams

Sold By Realty Executives Associates, Bill Morton (865.977.7321)

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Building Information for 208 Rainbow Road

Lot Size25.28 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,153 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,092

Property Taxes

$61

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 208 Rainbow Road

Summary
Location and General Information
  • City: Lancing
  • County Or Parish: Morgan County - 35
  • Directions: I-40 West to TN-62 West, turn left on Andy Cooper Rd, turn left on Adams Ridge,
  • Latitude: 36.136442
  • Longitude: -84.651036
  • MLS Area Major: Morgan County - 35
  • MLS Area Minor: Morgan County - 35
  • Postal Code: 37770
  • State Or Province: TN
  • Topography: Partially Cleared
  • Road Access Public Road: True
  • Road Frontage County: True
  • View Mountain View: True
  • Location Tax Legal Info Area: Morgan County - 35
  • Remarks Misc Directions: I-40 West to TN-62 West, turn left on Andy Cooper Rd, turn left on Adams Ridge,
  • Topography Partially Cleared: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 075 047.09
  • Location Tax Legal Info Total Tax: 735.49
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 25.28
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1101196.8
  • Lot Features: Rolling, Other
  • Lot Size Acres: 25.28
  • Lot Size Source: Tax Records
  • Lot Size Dimensions: 1581x754xIRR
  • General Property Description Lot Dimensions: 1581x754xIRR
  • General Property Description Acres: 25.28
  • General Property Description Acre Source: Tax Records
  • Lot Description Rolling: True
  • Lot Description Other: True
Property and Assessments
  • Possession: At Closing
  • Sign On Property: Yes
  • Property Type Label: Lots & Acreage
  • Floor Plans Count: 0
  • Property Type: Lots & Acreage
  • Easements Other: True
  • Documents on File None: True
  • Developmnt Potential Farm: True
  • Developmnt Potential Single Family: True
  • Possession At Closing: True
  • Undeveloped Fenced - Partial: True
Utilities
  • Improvements Utilities on Site: True
  • Utilities Available Cable TV: True
  • Utilities Available Electricity: True
  • Utilities Available Telephone: True
  • Utilities Available Water: True
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
Rental
Rent Information
  • General Property Description Restrictions: No

Property History for 208 Rainbow Road

DateEvent & SourcePriceAppreciation
Jul 31, 2023

Closed (Public Record)

Public Record #1516088410

$225,000—
Jul 31, 2023

Closed (Public Record)

Public Record #1516088410

$225,000

-32.6% / yr

Jul 31, 2023

Closed

REALTRACS #2875201

$225,000—
Jul 31, 2023

Closed

KAARMLS #1224047

$225,000—
Jun 26, 2023

Contract - Not Showing

REALTRACS #2875201

—
Jun 26, 2023

Contract - Not Showing

KAARMLS #1224047

—
May 30, 2023

Price Change

KAARMLS #1224047

$252,800—
May 9, 2023

Price Change

KAARMLS #1224047

$275,000—
Apr 17, 2023

Listed (Active)

KAARMLS #1224047

$305,000—
May 21, 2021

Closed

KAARMLS #1141325

$535,000—
May 20, 2021

Closed (Public Record)

Public Record #1462498819

$535,000—
Mar 30, 2021

Contract - Not Showing

KAARMLS #1141325

—
Mar 27, 2021

Price Change

KAARMLS #1141325

$444,500—
Jan 28, 2021

Listed (Active)

KAARMLS #1141325

$450,000—
Dec 7, 2020

Withdrawn

REALTRACS #2827144

$450,000—
Dec 7, 2020

Withdrawn

KAARMLS #1129091

—
Sep 8, 2020

Listed (Active)

KAARMLS #1129091

$450,000—
DateEvent & SourcePrice
07/31/2023

Closed (Public Record)

Public Record #1516088410

$225,000
07/31/2023

Closed (Public Record)

Public Record #1516088410

$225,000

-32.6% / yr

07/31/2023

Closed

REALTRACS #2875201

$225,000
07/31/2023

Closed

KAARMLS #1224047

$225,000
06/26/2023

Contract - Not Showing

REALTRACS #2875201

—
06/26/2023

Contract - Not Showing

KAARMLS #1224047

—
05/30/2023

Price Change

KAARMLS #1224047

$252,800
05/09/2023

Price Change

KAARMLS #1224047

$275,000
04/17/2023

Listed (Active)

KAARMLS #1224047

$305,000
05/21/2021

Closed

KAARMLS #1141325

$535,000
05/20/2021

Closed (Public Record)

Public Record #1462498819

$535,000
03/30/2021

Contract - Not Showing

KAARMLS #1141325

—
03/27/2021

Price Change

KAARMLS #1141325

$444,500
01/28/2021

Listed (Active)

KAARMLS #1141325

$450,000
12/07/2020

Withdrawn

REALTRACS #2827144

$450,000
12/07/2020

Withdrawn

KAARMLS #1129091

—
09/08/2020

Listed (Active)

KAARMLS #1129091

$450,000

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

Public Records for 208 Rainbow Road

Taxable ValueLand$14,875Additions$1,925Total$16,800
Tax Record2025$457 ($38 / month)
Home Facts
Total Finished SqFt1,950 SqFtAbove Grade Finished SqFt1,950 SqFtStories2Lot Size1,101,197 SqFtStyleFarmsYear Built2001CountyMORGANAPN075 04709Fireplace TypeHas Fireplace

Schools near 208 Rainbow Road

This home is within Morgan County School District.
Rating
School
Type
Grades
Distance
Central Elementary School
Public - PK to 4
Petros Joyner Elementary School
Public - PK to 8
Central Middle School
Public - 5 to 8
Central High School
Public - 9 to 12
Rating
School
Distance
Central Elementary School
PublicPK to 4

Petros Joyner Elementary School
PublicPK to 8

Central Middle School
Public5 to 8

Central High School
Public9 to 12

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 Realty Executives Associates, Troy Adams

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: 07/31/2023 04:14 PM