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For sale
  • $639,000

    5908 Rainbow Springs Dr, Chattanooga, TN 37416

    4beds
    4,400sqft
    : 
    $3,922/mo
    Get pre-qualified
    Townhouse
    Built in 2006
    0.38 Acres Lot
    $613,900 Zestimate®
    $145/sqft
    $22/mo HOA

    What's special

    Craft roomMain-level primary suitePrivate water closetLush low-maintenance settingMature treesLarge covered porchNew roof
    Meticulously maintained and offering approximately 4,400 square feet of finished living space, this spacious townhome features a flexible floor plan ideal for multigenerational living, frequent guests, or anyone who enjoys having room to spread out. The inviting living room features vaulted ceilings, arched windows, detailed molding, and gas logs, while the four-season sunroom and adjoining side deck offer peaceful views of the park-like surroundings and Chickamauga Lake. The kitchen includes a gas range and opens to the formal dining room, creating an easy flow for everyday living and entertaining. The main-level primary suite offers a tray ceiling, great natural light, and an en suite with two walk-in closets, a jetted soaking tub, walk-in shower, dual vanity, linen storage, and private water closet. A second bedroom and full bath are also located on this level. The fully finished walkout lower level provides its own full kitchen with a newer refrigerator and brand-new stove, two bedrooms, one full bath, and one half bath. Additional spaces include a theater room, a bonus room that could be used for a home office, a craft room, a gym, and a large covered porch, creating excellent flexibility for a private guest suite or separate living area. Additionally, there are also gas logs in one of the guest bedrooms and the downstairs living room area. The home is equipped with two HVAC zones for added comfort, in addition to a brand new water heater. Outside, enjoy a lush, low-maintenance setting with mature trees, green space, and water views that become even more prominent during the winter months. A generous 3-car garage provides plenty of room for vehicles and storage, with a new opener on the single bay and the double-bay opener recently serviced. Additional highlights include a new roof, a replaced dishwasher, HOA dues of only $266 per year, and convenient access to Harrison, Booker T. Washington State Park, Harrison Bay State Park, yacht clubs & Chickamauga Lake. Select furnishings may also be available for purchase separately. Local lenders are preferred. Schedule your showing today!
    3 days
    |
    194
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    16
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah E Brogdon 423-290-4416,

    Real Estate Partners Chattanooga LLC 423-265-0088

    Source: Greater Chattanooga Realtors,MLS#: 1540578

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: First
      Bedroom
      • Level: First
      Bedroom
      • Level: Basement
      Bedroom
      • Description: Foyer: Level: First
      • Level: Basement
      Primary bathroom
      • Description: Full Bathroom
      • Level: First
      Bathroom
      • Description: Full Bathroom
      • Level: First
      Bathroom
      • Description: Full Bathroom
      • Level: Basement
      Bonus room
      • Level: Basement
      Bonus room
      • Description: Special Room
      • Level: Basement
      Family room
      • Level: Basement
      Kitchen
      • Level: First
      Kitchen
      • Level: Basement
      Laundry
      • Level: First
      Living room
      • Level: First
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air, Electric, Multi Units
      Appliances
      • Included: Convection Oven, Disposal, Dishwasher, Electric Range, Gas Range, Gas Water Heater, Microwave
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
      Features
      • Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Pantry, Primary Downstairs, Sound System, Walk-In Closet(s), Separate Shower, Tub/shower Combo, En Suite, Separate Dining Room, Split Bedrooms, Connected Shared Bathroom
      • Flooring: Carpet, Hardwood, Tile
      • Windows: Insulated Windows
      • Basement: Finished,Full
      • Number of fireplaces: 2
      • Fireplace features: Bedroom, Den, Family Room, Gas Log, Great Room, Other
      Interior area
      • Total structure area: 4,400
      • Total interior livable area: 4,400 sqft
      • Finished area above ground: 4,400

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Door Opener, Off Street, Kitchen Level
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Patio & porch: Covered, Deck, Glass Enclosed, Patio, Porch, Rear Porch, Porch - Covered
      • Exterior features: None
      • Has view: Yes
      Lot
      • Size: 0.38 Acres
      • Dimensions: 55.79 x 298.17
      • Features: Gentle Sloping, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
      Details
      • Parcel number: 102p F 001.02

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Contemporary
      • Property subtype: Townhouse
      Materials
      • Other, Stone, Fiber Cement
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Street Lights
      • Security: Smoke Detector(s)
      • Subdivision: Eagle Bluff/River Run
      HOA
      • Has HOA: Yes
      • HOA fee: $266 annually
      Location
      • Region: Chattanooga

      Financial & listing details

      • Price per square foot: $145/sqft
      • Tax assessed value: $601,000
      • Annual tax amount: $2,286
      • Date on market: 8/11/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $613,900

        $583,000 - $645,000

        $2,750/mo

        Price history

        DateEventPrice
        8/11/2026Listed for sale$639,000+18.7%$145/sqft
        Source: Greater Chattanooga Realtors #1540578 Report a problem
        9/30/2022Sold$538,400-5.5%$122/sqft
        Source: Greater Chattanooga Realtors #1361828 Report a problem
        9/12/2022Contingent$569,900$130/sqft
        Source: Greater Chattanooga Realtors #1361828 Report a problem
        9/9/2022Listed for sale$569,900+31%$130/sqft
        Source: Greater Chattanooga Realtors #1361828 Report a problem
        9/30/2021Sold$435,000+36%$99/sqft
        Source: Greater Chattanooga Realtors #1342120 Report a problem
        10/10/2015Listing removed$319,900$73/sqft
        Source: Real Estate Partners of Chattanooga #1224496 Report a problem
        10/7/2015Listed for sale$319,900+6.6%$73/sqft
        Source: Real Estate Partners of Chattanooga #1224496 Report a problem
        8/28/2015Sold$300,000-7.7%$68/sqft
        Source: Public Record Report a problem
        5/22/2015Listing removed$325,000$74/sqft
        Source: Signature Brokers, LLC #1224496 Report a problem
        12/13/2014Listed for sale$325,000$74/sqft
        Source: Signature Brokers, LLC #1215615 Report a problem
        12/12/2014Pending sale$325,000$74/sqft
        Source: Signature Brokers, LLC #1215615 Report a problem
        10/23/2014Price change$325,000-4.4%$74/sqft
        Source: Signature Brokers, LLC #1215615 Report a problem
        8/22/2014Listed for sale$339,900-2.9%$77/sqft
        Source: Signature Brokers, LLC #1215615 Report a problem
        4/6/2006Sold$350,000$80/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,286 +7.7%$150,250 +59%
        2024$2,123 $94,500
        2023$2,123 $94,500
        2022$2,123 +0.4%$94,500
        2021$2,114 -0.7%$94,500 +22.7%
        2020$2,129 $77,000
        2019$2,129 $77,000
        2018$2,129 -0.4%$77,000
        2017$2,138 -6.6%$77,000
        2016$2,290 --
        2015$2,290 $82,500
        2014$2,290 -48.4%--
        2013$4,440 $82,500 -5.7%
        2012$4,440 $87,500
        2011$4,440 $87,500
        2010$4,440 +7.9%$87,500
        2009$4,116 $87,500 +4.2%
        2008-- $84,000
        2007-- $84,000 +44.2%
        2006-- $58,250
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 37416

        Getting around

        3 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit

        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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