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542 Rainbow Road

Mountain City, TN 37683
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Bed 3

Bed

Bath 2

Bath

SqFt2,046

Sqft

Acres11.16

Acres(Lot)

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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Detail Ic Property Details

Property Type : Residential

Price : $575,000

AD Id : 63881801

MLS Id : 9968103

Beds : 3

Lot Size : 11.16 Acres

Living Area Size : 2,046

Year Built : 1978

Garage : 1

County : Johnson

Subdivision: University Park East

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 8 Has Basement: Yes Basement: Exterior Entry, Interior Entry, Partially Finished
  • Flooring Information

    Ceramic Tile, Hardwood, Vinyl
  • Roofing Information

    Metal
  • Interior Features

    Eat-in Kitchen, Pantry Roof: Metal Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer Laundry Features: Electric Dryer Hookup, Washer Hookup Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Heat Pump, Wood Has Cooling: Yes Cooling: Ceiling Fan(s), Heat Pump

  • Building Information

    Year Built: 1978 Building Area Total: 2046 Construction Materials: Brick Patio And Porch Features: Covered, Deck, Front Porch, Wrap Around Private Pool: No View: Mountain(s), Creek/Stream
  • Exterior Features

    Exterior Features: Garden

  • Lot Information

    Lot Dimensions: See acres Main Square Feet: 11.16 Acres Lot Size Acres: 11.16 Lot Size Square Feet: 486129.6 Lot Description: Pasture

    Property Information

    Subdivision: Not Listed Source Property Type: Residential MLS Area Minor: 316 - Mtn. City/Johnson County Property SubType: Single Family Residence Levels: One Property Age: 48

  • Listing Price Information

    Listing Price: $575000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 055 026.00

  • Parking Information

    Deeded, Asphalt, Carport, Garage Door Opener

    Garage Information

    Has Garage: Yes Garage Space: 1
    Homeowners Association Information
    Association Amenities: Landscaping

  • School Information

    Elementary School: Mountain City
    Junior High School: Johnson Co
    Senior High School: Johnson Co
  • Location Information

    Direction: 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. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
300 Cedar Street, Mountain City, TN, 37683 $322,999 3 2 1,568 1,568 SqFt
1161 Laurel Way, Mountain City, TN, 37683 $589,999 2 3 3,093 3,093 SqFt
916 Willens Gap Road, Mountain City, TN, 37683 $499,000 3 2 2,688 2,688 SqFt
501 Two Branch Lane, Mountain City, TN, 37683 $475,000 1 2 1,204 1,204 SqFt
1546 Stage Road, Mountain City, TN, 37683 $650,000 3 2 1,600 1,600 SqFt
1546 Stage Road, Mountain City, TN, 37683 $650,000 3 2 1,600 1,600 SqFt
633 T Greer Road, Mountain City, TN, 37683 $175,000 1 1 1,012 1,012 SqFt
557 Waddell Road, Mountain City, TN, 37683 $291,000 -- 2 1,232 1,232 SqFt
2012 Ackerson Creek Road, Mountain City, TN, 37683 $185,000 2 1 822 822 SqFt
1770 Red Brush Road, Mountain City, TN, 37683 $199,900 -- 1 400 400 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.

ByOwner last updated this listing 06/09/2026 @ 21:45

MLS: 9968103 LISTED BY: Elizabeth Cornett, Ace Realty 423-727-5554 SOURCE: TennesseeVirginia Regional MLS

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