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$299,500 Just Listed
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Property Description
Affordable Boone living with investment potential! Located just outside the town limits of Boone, this brick ranch offers an affordable opportunity with a convenient location less than two minutes from New Market Center with easy access along a state-maintained road. Whether you are looking for a starter home, a student rental near Appalachian State University, or comfortable one level living close to town, this property offers plenty of possibilities. Inside, you will find three bedrooms, two full bathrooms, a spacious living room, and a large open kitchen and dining area. The detached garage provides abundant storage, along with a bonus room that could serve as a home gym, art studio, workshop, or whatever best suits your needs. Outside, the large, sunny lot offers a usable backyard and patio space perfect for relaxing and enjoying beautiful mountain days. With no rental restrictions, convenient location, and versatile layout, this property presents an appealing opportunity to purchase in Boone at an affordable price. The home is being sold as is, and buyers should know that we have been made aware that some of the floor joists likely need replacement. This has been taken into consideration in the pricing, offering an opportunity for buyers ready to unlock the property's potential.
Full Property Details
Full Property Details for 118 Rainbow Trail
General
- Price: $299,500
- Taxes: $1,155
- Status: Active
- Type: Single Family
- Source: 2217
- MLS ID: 264774
- Updated: Today (10/8/2026)
- Added to Site: Today
Interior
- Fireplace: Yes
- Fireplace(s): Masonry
- Appliances: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Main Level
Parking
- Garage: Yes
- Carports: Yes
- Parking Features: Carport, Detached, Garage
Location
- Area: 1-Boone, Brushy Fork, New River
- County: Watauga
- Subdivision: None
School Information
- Elementary School: Hardin Park
- High School: Watauga
Community
- Community Name: 1-Boone, Brushy Fork, New River
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Propane
Utilities
- Sewer: Septic Permit Unavailable, Septic Tank
- Water: Private, Well
- Well: Yes
- Utility Description: High Speed Internet Available, Septic Available
Structural Information
- Architectural Style: Ranch
- Detached/Attached: Detached
- Construction: Brick, Wood Frame
- Basement Desc.: Crawl Space
- Roof: Architectural, Shingle
- Stories/Levels: 1
- Living Area: 1,372 Sq. Ft.
- Finished Total: 1,372 Sq. Ft.
- Finished Above Grnd: 1,372 Sq. Ft.
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.78
- Lot Size: .78
- Road Maintenance: Public Maintained Road
- Zoning: None
Financial Considerations
- Tax Amount: $1,155.26
- Terms: Cash, New Loan
Disclosures and Reports
- Property ID: 2911530425000
Listed by Keller Williams High Country
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Price & Sales History for 118 Rainbow Trail
Date
Details
Price
Change
Source
10/08/2026
Listed
$299,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 Rainbow Trail
118 Rainbow Trail, Boone, NC 28607 (MLS# 264774) is a Single Family property with 3 bedrooms and 2 full bathrooms. 118 Rainbow Trail is currently listed for $299,500 and was received on October 09, 2026. Want to learn more about 118 Rainbow Trail? Do you have questions about finding other Single Family real estate for sale in Boone? You can browse all Boone real estate or contact a Coldwell Banker agent to request more information.
