Welcome to this beautifully maintained 3 bedroom, 2 full bath ranch-style home situated on 3.05 usable and peaceful acres! This updated home offers spacious living with oversized spare bedrooms, a separate laundry room, and a large pantry. The kitchen features stainless steel appliances, while new windows provide energy efficiency. Relax on the huge covered front porch or the back patio overlooking your private setting. Exterior updates include newer siding, 4 year old roof, and gutter guards. the oversized detached 2 car garage is perfect for a workshop, storage, and has power. Right next to Clearwater Cove Marina, and many other Marinas int he area. Conveniently located near downtown La Follette and Jacksboro, this property offers the perfect blend of country lake life living!
For sale
Price cut: $20K (7/27)
$449,000
261 Rain Valley Rd, La Follette, TN 37766
3beds
1,432sqft
:
Get pre-qualified$2,565/mo
Single Family Residence
Built in 1992
3.05 Acres Lot
$-- Zestimate®
$314/sqft
$-- HOA
What's special
Huge covered front porchNewer sidingGutter guardsSeparate laundry roomOversized spare bedroomsLarge pantrySpacious living
- 60 days |
- 503 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Keahon 443-758-6167,
Tennessee Valley Realty Assoc 865-247-6749
Source: East Tennessee Realtors,MLS#: 1342511
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven
Features
- Pantry, Eat-in Kitchen
- Flooring: Carpet, Tile
- Windows: Windows - Vinyl
- Basement: Crawl Space Sealed
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 1,432
- Total interior livable area: 1,432 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Has view: Yes
- View description: Seasonal Lake View, Country Setting
- Has water view: Yes
- Water view: Seasonal Lake View
Lot
- Size: 3.05 Acres
- Features: Private, Irregular Lot
Details
- Additional structures: Storage, Workshop
- Parcel number: 117D A 02400 000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Frame
Condition
- Year built: 1992
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Rainbow Resort
Location
- Region: La Follette
Financial & listing details
- Price per square foot: $314/sqft
- Tax assessed value: $192,100
- Annual tax amount: $584
- Date on market: 5/28/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $449,000-4.3%$314/sqft |
Source:  East Tennessee Realtors #1342511 Report a problem | ||
| 5/28/2026 | Listed for sale | $469,000-14.7%$328/sqft |
Source: East Tennessee Realtors #1342511 Report a problem | ||
| 5/22/2024 | Listing removed | -- |
Source: East Tennessee Realtors #1246469 Report a problem | ||
| 1/26/2024 | Listing removed | $550,000$384/sqft |
Source: East Tennessee Realtors #1246469 Report a problem | ||
| 12/1/2023 | Listed for sale | $550,000+633.3%$384/sqft |
Source: East Tennessee Realtors #1246469 Report a problem | ||
| 11/7/2019 | Sold | $75,000-40%$52/sqft |
Source: Public Record Report a problem | ||
| 8/24/2018 | Listing removed | $125,000$87/sqft |
Source: McDowell Real Estate #1037280 Report a problem | ||
| 4/11/2018 | Listed for sale | $125,000$87/sqft |
Source: McDowell Real Estate #1037280 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $584 | $48,025 |
| 2024 | $584 -1.4% | $48,025 +67.6% |
| 2023 | $592 | $28,650 |
| 2022 | $592 | $28,650 |
| 2021 | $592 | $28,650 |
| 2020 | $592 | $28,650 |
| 2019 | $592 -7.7% | $28,650 +0.5% |
| 2018 | $641 +0% | $28,500 |
| 2017 | $641 +21.2% | $28,500 |
| 2016 | $529 -6.7% | $28,500 |
| 2015 | $567 | $28,500 |
| 2014 | $567 | $28,500 |
| 2013 | -- | $28,500 -4.8% |
| 2011 | $527 | $29,950 |
| 2010 | $527 | $29,950 |
| 2009 | -- | $29,950 +13.3% |
| 2008 | $529 | $26,425 |
| 2007 | $529 | $26,425 |
| 2006 | $529 0% | $26,425 0% |
| 2005 | $529 -10.7% | $26,436 +8.9% |
| 2004 | $592 +4.3% | $24,266 |
| 2002 | $568 | $24,266 |
| 2001 | -- | $24,266 -75% |
| 2000 | -- | $97,065 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37766
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10Lafollette Elementary SchoolGrades: PK-5Distance: 6.6 mi
- 2/10Lafollette Middle SchoolGrades: 6-8Distance: 6.3 mi
- 2/10Campbell County Comprehensive High SchoolGrades: 9-12Distance: 6.1 mi
- $167,600-- bd1 ba1.1k sqft239 Rain Valley Rd, La Follette, TN 37766Off Market
- $9,000-- bd-- ba-- sqftRain Valley Rd, La follette, TN 37766Off Market
- $7,100-- bd-- ba-- sqftOverlook Dr, La follette, TN 37766Off Market
- $243,2002 bd2 ba1k sqft230 Rain Valley Rd, La Follette, TN 37766Off Market
- $11,000-- bd-- ba-- sqftUnknown, La follette, TN 37766Off Market
- $147,7002 bd1 ba1.1k sqft258 Rain Valley Rd, La Follette, TN 37766Off Market
- $58,8001 AcresRain Valley Rd, La follette, TN 37766Sold
- $7,300-- bd-- ba-- sqftParkview Dr, La follette, TN 37766Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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