542 Rainbow Road Mountain City, TN $ 575,000
542 Rainbow Road
$ 575,000
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542 Rainbow Road

Mountain City, TN, 37683
$ 575,000
Bedrooms3 Baths2.0 Sq 2,046

Monthly Estimate*

$ 3,587

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Single Family Home for sale in Mountain City, TN

for $575,000 with 3 bedrooms and 2 full baths. This 2,046 square foot home was built in 1978 on a lot size of 11.16.

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.

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Single Family Active

Price

$ 575,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,151

Style

Ranch,Traditional

Lot Size

11.16

Year Built

1978

Town/City

Mountain City

County/Region

Johnson

MLS | Web ID

9968103

Features
Interior
Interior Amenities Primary Downstairs Eat-in Kitchen Kitchen/Dining Combo Pantry
Basement Exterior Entry Interior Entry Partially Finished
Flooring Ceramic Tile Hardwood Vinyl
Fireplace Features Basement Flue Living Room
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Insulated Windows
Fireplace Y/N Y
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 903.0
Total Baths 2
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General
Sewer Septic Tank
Heating Heat Pump Wood
Cooling Ceiling Fan(s) Heat Pump
Roof Metal
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
Zoning Residential
Garage Spaces 1.0
Patio/Porch Features Covered Deck Front Porch Wrap Around
Architectural Style Ranch Traditional
Construction Materials Brick
Year Built 1978
View Mountain(s) Creek/Stream
Topography Farm Pond Part Wooded Pasture Sloped
Property Subtype Single Family Residence
County Johnson
New Construction N
Property Type Residential
Association Amenities Landscaping
HOA N
Attached Garage N
Subdivision Name Not Listed
Garage Y/N N
Other Structures Barn(s) Gazebo
Total Rooms 8
Full Baths 2
Status Active
Directions Take Hwy 421 S. Turn right onto Hwy 167 at Food Lion crossroads. Next right onto Rainbow Road. Approximately .3 miles turn right into property. Property is signed.
High School Johnson Co
City Mountain City
MLS Area 316 - Mtn. City/Johnson County
Lot Size Units Acres
Lot Size Square Feet 486129.6
Carport Spaces 2.0
Carport Y/N N
Elementary School Mountain City
Land Lease Y/N N
Home Warranty Y/N N
Current Financing Call List Agent
Middle/Junior High School Johnson Co
Property Condition Above Average
Lease Renewal Y/N N
MLS Area Minor 316 - Mtn. City/Johnson County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Active
Conventional True
FHA True
Cash True
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Exterior
Exterior Amenities Garden
Fencing Privacy
Parking Features Deeded Asphalt Carport Garage Door Opener
Lot Features Pasture
Water Source Public
Lot Size Area 11.16
Spa N
Building Area Total 2046.0
Lot Dimensions See acres
Lot Size Acres 11.16
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 542
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* Excluded Features
List By
Elizabeth Cornett

Listing Agent

Ace Realty

Broker

eaehlert3@gmail.com

Email

Affordability Calculator

$3,683
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,587
Monthly Property Taxes
$96
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
857533 Elementary School
856980 Middle School
Johnson Co High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$575,000 -4.17% Price Down
6/23/2025$600,000 -4.00% Price Down
3/12/2025$625,000 -6.72% Price Down
7/2/2024$670,000 Listed Price

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542 Rainbow Road, Mountain City, TN, 37683 is a Single Family Home for sale at $575,000 with 2,046 sqft and a lot size of 11.16. 542 Rainbow Road has 3 bedrooms, 2.0 baths, and was built in 1978. The property's zip code is 37683 which is in Mountain City, TN