Brand new 2025 construction located just half a mile from Norris Lake, with water views and a spacious setup for relaxing outside.
Located in Rainbow Richlands, this property has clean finishes throughout, including stainless steel appliances and LVP flooring in the kitchen and bathrooms. The kitchen feels bright and functional with white cabinetry, pantry storage, and a window over the sink that frames the wooded surroundings. Large windows bring in natural light and create an easygoing feel throughout the main living areas.
The floor plan includes spacious bathrooms, generous walk-in closets, and a primary ensuite with double vanity sinks and a walk-in shower. There is also a mudroom and laundry area off the back entrance, adding extra convenience after a day outdoors or on the water.
The newly built 12x40 wrap-around deck is one of the standout features of the property. It creates plenty of room for seating, dining, and taking in the lake view. The cleared yard gives you even more usable exterior space without a lot of upkeep.
The property has minimal restrictions, creating flexibility for personal use, second-home use, or short-term rental potential.
Lake access is just a golf cart ride away, with a boat ramp and leasable slips through LifeTime Docks located at the end of the road. This central Norris Lake location provides convenient access to surrounding marinas and coves. Stardust Marina, Sequoyah Marina, and Anderson County Park are only minutes away by water.
With new construction, nearby boat access, and an oversized deck for relaxing outside, this property is set up for easy Norris Lake living.
Showings start 05/21. Additional photos coming soon.
For sale
$285,000
264 Rain Valley Rd, La Follette, TN 37766
3beds
1,264sqft
Est.:
Single Family Residence
Built in 2025
9,147.6 Square Feet Lot
$-- Zestimate®
$225/sqft
$-- HOA
What's special
- 1 day |
- 408 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Zoe Ferrell 740-974-9161,
Wallace 865-584-4000
Source: East Tennessee Realtors,MLS#: 1341452
Tour with a local agent
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
Features
- Walk-In Closet(s), Eat-in Kitchen
- Flooring: Laminate, Carpet
- Windows: Insulated Windows
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,264
- Total interior livable area: 1,264 sqft
Property
Parking
- Parking features: Off Street, Main Level
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Country Setting, Trees/Woods
- Has water view: Yes
Lot
- Size: 9,147.6 Square Feet
- Dimensions: 79 x 124 IRR
- Features: Wooded, Rolling Slope
Details
- Parcel number: 117D A 044.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Block
Condition
- Year built: 2025
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Rainbow Richlands
Location
- Region: La Follette
Financial & listing details
- Price per square foot: $225/sqft
- Tax assessed value: $5,500
- Annual tax amount: $17
- Date on market: 5/21/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $285,000+1576.5%$225/sqft |
Source: | ||
| 3/24/2021 | Sold | $17,000+240%$13/sqft |
Source: Public Record Report a problem | ||
| 3/7/2018 | Sold | $5,000-91.7%$4/sqft |
Source: Public Record Report a problem | ||
| 6/30/2012 | Listing removed | $59,900$47/sqft |
Source: Gables & Gates, REALTORS #779064 Report a problem | ||
| 11/2/2011 | Listed for sale | $59,900+3.5%$47/sqft |
Source: Gables & Gates, REALTORS #779064 Report a problem | ||
| 10/8/2010 | Listing removed | $57,900$46/sqft |
Source: Tennessee Home Finders LLC #730664 Report a problem | ||
| 9/11/2010 | Price change | $57,900-3.3%$46/sqft |
Source: Tennessee Home Finders LLC #730664 Report a problem | ||
| 8/13/2010 | Price change | $59,900-25%$47/sqft |
Source: Tennessee Home Finders, LLC #680587 Report a problem | ||
| 6/16/2010 | Listed for sale | $79,900$63/sqft |
Source: Tennessee Home Finders, LLC #680587 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17 | $1,375 |
| 2024 | $17 -41.2% | $1,375 |
| 2023 | $28 | $1,375 |
| 2022 | $28 | $1,375 |
| 2021 | $28 | $1,375 |
| 2020 | $28 | $1,375 |
| 2019 | $28 -27.9% | $1,375 -21.4% |
| 2018 | $39 -79.4% | $1,750 -79.4% |
| 2017 | $191 | $8,500 |
| 2016 | $191 +12.9% | $8,500 |
| 2015 | $169 | $8,500 |
| 2014 | $169 | $8,500 |
| 2013 | -- | $8,500 -19.6% |
| 2011 | $186 | $10,575 |
| 2010 | $186 | $10,575 |
| 2009 | -- | $10,575 -5.8% |
| 2008 | $225 | $11,225 |
| 2007 | $225 | $11,225 |
| 2006 | $225 | $11,225 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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: 6.4 mi
- 2/10Campbell County Comprehensive High SchoolGrades: 9-12Distance: 6.1 mi
Schools provided by the listing agent
- Middle: LA Follette
- High: Campbell County Comprehensive
Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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.
- Tennessee
- Campbell County
- Lafollette
- 37766
- 264 Rain Valley Rd






