For sale

Price cut: $20K (7/27)

$449,000

261 Rain Valley Rd, La Follette, TN 37766

3beds

1,432sqft

$2,532/mo

Get pre-qualified

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

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!

82 days

544

16

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

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