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Recreational Land with Home for Sale in Mountain City, Tennessee

542 Rainbow Rd, Mountain City, TN 37683

$575,000
11.2 acres
Active
$25k drop
Est $2,913/mo

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.

2,046
Sq feet
3
Beds
2
Full baths
1978
Built

Location

Street address
542 Rainbow Rd
Elevation
2,490 feet
Coordinates
36.4498, -81.8046

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.

Property details

Acreage
11.16 acres
Zoning
Residential
MLS #
TVARMLS 9968103
Posted

Property taxes

Recent
$1,152

Parcels

  • 055 026.00

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Pasture

Exterior

Parking
Carport, Open
Fencing
Privacy
Pool
Deck, Porch
Structures
Gazebo
Features
Garden

Structure

Style
Ranch
Stories
1
Basement
Exterior Entry, Interior Entry, Partially Finished
Water
Public
Sewer
Septic Tank
Heating
Heat Pump, Wood
Cooling
Ceiling Fan(s)
Materials
Brick
Roof
Metal
Windows
Insulated Windows

Interior

Room Count
8
Rooms
Basement, Bathroom x 2, Bedroom x 3, Dining Room
Flooring
Ceramic Tile, Hardwood, Vinyl
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
Eat-In Kitchen, Kitchen/Dining Combo, Pantry, Primary Downstairs

Nearby schools

NameLevelDistrictDescription
Mountain CityElementary
Johnson CoMiddle
Johnson CoHigh

Listing history

DateEventPriceChangeSource
Dec 4, 2025Price drop$575,000$25,000 -4.2%TVARMLS
June 24, 2025Price drop$600,000$25,000 -4%TVARMLS
Mar 12, 2025Price drop$625,000$45,000 -6.7%TVARMLS
July 3, 2024New listing$670,000TVARMLS
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This 11.16-acre property is located at 542 Rainbow Rd in Mountain City, TN 37683. The property is available for sale for $575,000. It has a 2,046 sq ft 3 bedroom, 2 bath house built in 1978.

Checked 1 hour ago — Updated

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