Tucked away in the gated community of Laurel Valley, this charming mountain cabin offers the perfect blend of comfort, flexibility, and Smoky Mountain charm. Featuring 1 bedroom and 2 full baths, the home also includes a spacious loft with a private bath that can easily serve as a second bedroom, home office, or guest suite—giving you options to fit your lifestyle or maximize rental potential.
The inviting great room boasts soaring ceilings, warm wood finishes, and plenty of natural light, creating a cozy yet open feel. The primary bedroom is located on the main level with convenient access to the full bath, while the upstairs loft offers privacy and versatility.
Relax on the covered porch, enjoy peaceful mountain surroundings, and take advantage of Laurel Valley's amenities, including golf, a clubhouse, and access to outdoor adventures in nearby Townsend and the Smoky Mountains.
Whether you're seeking a personal retreat, investment property, or vacation rental, 319 Rainbow Circle is a rare find that combines flexibility and location in one special cabin.
For sale
$459,900
319 Rainbow Cir, Townsend, TN 37882
1beds
1,452sqft
Est.:
Single Family Residence
Built in 2006
0.6 Acres Lot
$-- Zestimate®
$317/sqft
$92/mo HOA
What's special
Gated communityPeaceful mountain surroundingsCovered porchNatural lightMountain cabinSoaring ceilingsWarm wood finishes
- 95 days |
- 189 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: September 17, 2025 at 10:12am
Listed by:
Susan Morris 865-320-3656,
Compass Tennessee, LLC 615-475-5616,
Stephanie Tipton 865-850-7083,
Compass Tennessee, LLC
Source: East Tennessee Realtors,MLS#: 1315678
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bonus Room
Heating
- Central, Heat Pump, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Features
- Cathedral Ceiling(s), Kitchen Island, Bonus Room
- Flooring: Carpet, Hardwood, Tile
- Windows: Insulated Windows
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 1,452
- Total interior livable area: 1,452 sqft
Property
Parking
- Parking features: Off Street, Designated Parking
Features
- Has view: Yes
- View description: Country Setting, Trees/Woods
Lot
- Size: 0.6 Acres
- Features: Private, Wooded, Irregular Lot, Rolling Slope
Details
- Parcel number: 106C H 029.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Log
Condition
- Year built: 2006
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Gated Community, Smoke Detector(s)
- Subdivision: Laurel Valley/ Wild Laurel
HOA
- Has HOA: Yes
- Amenities included: Golf Course, Recreation Facilities
- Services included: All Amenities
- HOA fee: $1,100 annually
Location
- Region: Townsend
Financial & listing details
- Price per square foot: $317/sqft
- Tax assessed value: $317,700
- Annual tax amount: $1,263
- Date on market: 9/17/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Listed for sale | $459,900-7.1%$317/sqft |
Source:  East Tennessee Realtors #1315678 Report a problem | ||
| 9/6/2025 | Listing removed | $494,999$341/sqft |
Source: East Tennessee Realtors #1292888 Report a problem | ||
| 3/11/2025 | Listed for sale | $494,999$341/sqft |
Source: East Tennessee Realtors #1292888 Report a problem | ||
| 3/8/2025 | Listing removed | $494,999$341/sqft |
Source: East Tennessee Realtors #1286819 Report a problem | ||
| 2/13/2025 | Price change | $494,999-1%$341/sqft |
Source: East Tennessee Realtors #1286819 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,263 | $79,425 |
| 2023 | $1,263 +5.9% | $79,425 +64.5% |
| 2022 | $1,192 | $48,275 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,638/mo
Principal & interest
$2232
Home insurance
$161
Other costs
$245
Climate risks
Neighborhood: 37882
Nearby schools
GreatSchools rating
- 5/10Townsend Elementary SchoolGrades: K-5Distance: 3 mi
- 6/10Heritage Middle SchoolGrades: 6-8Distance: 7.5 mi
- 7/10Heritage High SchoolGrades: 9-12Distance: 7.5 mi
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