261 Rain Valley Rd

LaFollette, TN
$ 415,000 Beds 3 Baths 2 Sq 1,432
Monthly Estimate* How much can I afford?

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!

Active

  • Price
  • $ 415,000
  • City
  • LaFollette
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Campbell
  • Half Bathrooms
  • 0
  • Area
  • Campbell County
  • Lot Size
  • 3.05 Acres
  • Zip
  • 37766
  • Sqr Footage
  • 1,432
  • Year Built
  • 1992
  • Taxes
  • $ 583
  • Style
  • Traditional
  • MLS#
  • 1342511
Listed By: Tennessee Valley Realty Assoc
Data Source: Knoxville MLS (KAAR)

Features

General

Sewer Septic Tank
Heating Central,Electric
Cooling Central Cooling,Ceiling Fan(s)
Appliances Dishwasher,Microwave,Range,Refrigerator,Self Cleaning Oven
Garage Spaces 2
Architectural Style Traditional
Security Features Smoke Detector
Construction Materials Vinyl Siding,Frame
Year Built 1992
View Seasonal Lake View,Country Setting
Property Subtype Single Family Residence
County Campbell County - 37
Property Type Single Family
Attached Garage false
Subdivision Name Rainbow Resort
Other Structures Storage,Workshop
Total Rooms 8
Full Baths 2
Status Active
Directions Take Demory Rd to Grantsboro Rd Follow Grantsboro Rd and Rainbow View Rd to Rain Valley Rd Slight right onto Grantsboro Rd Turn left to stay on Grantsboro Rd Keep left to continue on Rainbow View Rd Turn left onto Rain Valley Rd Turn right onto Spring Valley Rd Keep left to continue on Rain Valley Rd
City LaFollette
MLS Area Campbell County - 37
Lot Size Units Acres
Lot Size Square Feet 132858
Property Attached Y/N false
MLS Area Minor Campbell County - 37
Structure Type Ranch
Standard Status Active
New Financing Cash true
New Financing FHA true
New Financing VA Loan true
New Financing Coventional true

Interior Features

Interior Amenities Pantry,Eat-in Kitchen
Basement Crawl Space Sealed
Flooring Carpet,Tile
Total Fireplaces 1
Fireplace Features Wood Burning Stove
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 3
Total Baths 2
Other_sp_Rooms_co_Family_sp_Room true

Exterior Features

Exterior Amenities Windows - Vinyl
Parking Features Detached
Lot Features Private,Irregular Lot
Water Source Public
Lot Size Area 3.05
Building Area Total 1432
Lot Size Acres 3.05
Lot Size Source Tax Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Knoxville, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/28/2026 Listed $469,000
7/27/2026 4% - $449,000
8/22/2026 4% - $429,900
8/27/2026 5% - $449,900
9/3/2026 8% - $415,000

Property vs Zip Code Average in 37766

Price
AVG $2.5M
$420K
Taxes
AVG $9,761
$583
Year Built
AVG 1987
1992

261 Rain Valley Rd LaFollette, TN is a Single Family Home for sale at $415000 with 1432 sqft and a lot size of 3.05 Acres Acre(s). 261 Rain Valley Rd LaFollette has 3 bedrooms, 2 baths and was built in 1992. The property's zip code is 37766 which is in LaFollette, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.