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Sold for $715,000
    • $715,000

    5811 Rainbow Springs Dr, Chattanooga, TN 37416

    4beds
    3,781sqft
    Single Family Residence
    Built in 1988
    1 Acres Lot
    $729,700 Zestimate®
    $189/sqft
    $3,387 Estimated rent

    Home value

    $729,700

    $671,000 - $788,000

    $3,387/mo

    Zestimate® history
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    What's special

    Surrounded by beautiful greensFront staircaseSunken great roomLow-maintenance exteriorWrap-around covered deckExtra storageLarge open spaces
    This beautiful and stately home on the nicest lot on the Eagle Bluff Golf Course could be yours! Surrounded by beautiful greens and backing up to a stocked pond, this home boasts almost 4000 square feet of beauty. This home is designed for entertaining and relaxing, both inside and out. A wrap-around covered deck gives you a superb view of the ridges nearby, the wildlife and the adjoining 9th tee which makes this this yard feel twice as big as other lots in the neighborhood. There is easy entry from the circular driveway into a dramatic foyer & front staircase. Relax in the custom library while large windows capture the natural light around you. Make a drink in the custom wet bar and warm by the massive fireplace in the sunken great room, with a beautiful plank ceiling that also spans the entire rear of the home, or cook up a feast in the vast kitchen, which is the centerpiece of the home. Upstairs, enjoy the elegance of a superb master bedroom, large yet still cozy with a fireplace and bookshelves. The master bath offers a large free-standing tub, which is uniquely situated to take advantage of several views. Dual sinks, large open spaces and multiple closets complete the master ensemble. All bedrooms and bathrooms are larger than average, for a true custom-home feel. One of the bedrooms serves perfectly as a large In-Law/Guest/Teen-Ager Suite or Bonus/Rec Room with its own bathroom. There is a large 2-car garage and ample overflow parking as well as an entrance from the garage (past the mudroom) straight into the kitchen. Mature landscaping compliments the low-maintenance exterior. The shrubs and plant beds are designed to minimize trimming, freeing up your time to enjoy the home. Extra storage (dry and lockable) was added underneath the deck to maximize the garage space. At night, the landscape lighting highlights this home or enjoy the warm glow of the lights from the homes across the ridge. New HVAC systems installed in 2023 with transferable warranty, new gutters and guards, new dishwasher, roof is 5 years old! Whether inside or out, the views and surroundings of this home are what makes it unique. Beautiful hardwoods, granite throughout, vaulted ceilings, crown moldings, spacious rooms, high baseboards, custom lighting and more make this home a must see! Lake/Water Access and Public Boat Ramps Close By! Community-Wide High-Tech Video Security Surveillance at Neighborhood Entrance! Schedule your viewing today to see the best home in this prestigious neighborhood! (Chandelier in the dining room does NOT convey. Seller will replace prior to closing.)

    Zillow last checked:

    Listing updated:

    Listed by:

    Wade Kelley 423-598-6828,

    LPT Realty LLC,

    Sandra M Battles 877-366-2213,

    Keller Williams Realty

    Bought with:

    Kristy Bowman, 336674

    Real Estate Partners Chattanooga LLC

    Source: Greater Chattanooga Realtors,MLS#: 1504216

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Primary bathroom
    • Level: Second
    Bathroom
    • Level: First
    Bathroom
    • Level: Second
    Bathroom
    • Level: Second
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Laundry
    • Level: First
    Living room
    • Level: First
    Sunroom
    • Level: First
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air, Ceiling Fan(s), Electric, Multi Units
    Appliances
    • Included: Dryer, Disposal, Double Oven, Dishwasher, Electric Cooktop, Freezer, Gas Water Heater, Microwave, Refrigerator, Trash Compactor, Washer
    • Laundry: Laundry Room, Main Level, Sink, Washer Hookup
    Features
    • Built-in Features, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, His and Hers Closets, High Speed Internet, Pantry, Recessed Lighting, Soaking Tub, Storage, Vaulted Ceiling(s), Wet Bar, Walk-In Closet(s), Separate Shower, Tub/shower Combo, En Suite, Sitting Area, Breakfast Room, Separate Dining Room
    • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Slate
    • Windows: Blinds, Plantation Shutters, Screens, Shades, Tinted Windows, Vinyl Frames
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Bedroom, Gas Log, Great Room
    Interior area
    • Total structure area: 3,781
    • Total interior livable area: 3,781 sqft
    • Finished area above ground: 3,781

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Porch, Wrap Around
    • Exterior features: Dog Run, Lighting, Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Pond
    • Has water view: Yes
    • Water view: Pond
    • Waterfront features: Pond
    Lot
    • Size: 1 Acres
    • Dimensions: 197.27 x 239.23
    • Features: Gentle Sloping, Level, Sprinklers In Front, See Remarks
    Details
    • Parcel number: 102p A 007
    • Special conditions: Standard
    • Other equipment: Dehumidifier

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stone, Stucco
    • Foundation: Block
    • Roof: Asphalt,Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected

    Community & HOA

    Community
    • Features: Street Lights
    • Security: Security System Leased
    • Subdivision: Eagle Bluff Ests
    HOA
    • Has HOA: Yes
    • HOA fee: $250 annually
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $189/sqft
    • Tax assessed value: $557,200
    • Annual tax amount: $2,308
    • Date on market: 12/18/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/9/2025Sold$715,000$189/sqft
    Source: Greater Chattanooga Realtors #1504216 Report a problem
    3/2/2025Contingent$715,000$189/sqft
    Source: Greater Chattanooga Realtors #1504216 Report a problem
    2/26/2025Price change$715,000-1.4%$189/sqft
    Source: Greater Chattanooga Realtors #1504216 Report a problem
    1/30/2025Price change$725,000-2.7%$192/sqft
    Source: Greater Chattanooga Realtors #1504216 Report a problem
    1/12/2025Price change$745,000-3.9%$197/sqft
    Source: RCAR #20245228 Report a problem
    12/18/2024Listed for sale$775,000+49.3%$205/sqft
    Source: RCAR #20245228 Report a problem
    2/24/2021Sold$519,000-1.1%$137/sqft
    Source: Public Record Report a problem
    1/25/2021Contingent$524,900$139/sqft
    Source: Greater Chattanooga Realtors #1325995 Report a problem
    1/16/2021Listed for sale$524,900$139/sqft
    Source: Greater Chattanooga Realtors #1325995 Report a problem
    1/4/2021Contingent$524,900$139/sqft
    Source: Greater Chattanooga Realtors #1325995 Report a problem
    1/4/2021Pending sale$524,900$139/sqft
    Source: Redfin #1325995 Report a problem
    10/27/2020Price change$524,900-1.9%$139/sqft
    Source: Redfin #1325995 Report a problem
    10/16/2020Listed for sale$534,900+24.4%$141/sqft
    Source: Redfin #1325995 Report a problem
    10/29/2018Sold$430,000-2.3%$114/sqft
    Source: Public Record Report a problem
    9/30/2018Pending sale$440,000$116/sqft
    Source: Keller Williams Realty #1287325 Report a problem
    9/21/2018Listed for sale$440,000$116/sqft
    Source: Keller Williams Realty #1287325 Report a problem
    9/11/2018Pending sale$440,000$116/sqft
    Source: Keller Williams Realty #1287325 Report a problem
    8/30/2018Listed for sale$440,000+19.9%$116/sqft
    Source: Keller Williams Realty #1287325 Report a problem
    4/6/2017Sold$367,000-0.5%$97/sqft
    Source: Public Record Report a problem
    2/28/2017Pending sale$369,000$98/sqft
    Source: Keller Williams - Chattanooga - Downtown #1259496 Report a problem
    2/20/2017Listed for sale$369,000+4.8%$98/sqft
    Source: Keller Williams Realty #1259496 Report a problem
    1/31/2011Sold$352,000-10.9%$93/sqft
    Source: Public Record Report a problem
    7/23/2010Price change$395,000-6%$104/sqft
    Source: Keller Williams Realty #1150126 Report a problem
    3/13/2010Price change$420,000-15.9%$111/sqft
    Source: Crye-Leike, REALTORS #156319 Report a problem
    1/14/2010Listed for sale$499,500-0.1%$132/sqft
    Source: CRYE-LEIKE, REALTORS / EAST BRAINERD OFFICE #1138923 Report a problem
    5/29/2009Listing removed$499,900$132/sqft
    Source: iHOUSEWeb Solutions, Inc #1114633 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,120 -8.2%$139,300 +35.5%
    2024$2,309 $102,800
    2023$2,309 $102,800
    2022$2,309 +0.4%$102,800
    2021$2,300 -10.7%$102,800 +10.4%
    2020$2,576 $93,150
    2019$2,576 $93,150
    2018$2,576 -0.3%$93,150
    2017$2,585 +5.3%$93,150
    2016$2,455 --
    2015$2,455 $88,450
    2014$2,455 -46%--
    2013$4,544 $88,450 -1.2%
    2012$4,544 $89,550
    2011$4,544 +83.5%$89,550
    2010$2,476 $89,550
    2009$2,476 $89,550 +8.5%
    2008-- $82,525
    2007-- $82,525
    2006-- $82,525
    2005-- $82,525 +16.1%
    2004-- $71,075
    2003-- $71,075
    2002-- $71,075
    2001-- $71,075 +7%
    2000-- $66,450
    Find assessor info on the county website

    Neighborhood: 37416

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Harrison Elementary
    • Middle: Brown Middle
    • High: Central High School

    Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $729,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $729,700

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