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Under contract
  • $299,500

    118 Rainbow Trail, Boone, NC 28607

    3beds
    1,372sqft
    : 
    $1,818/mo
    Get pre-qualified
    Single Family Residence
    Built in 1962
    0.78 Acres Lot
    $298,100 Zestimate®
    $218/sqft
    $-- HOA

    What's special

    Brick ranchBonus roomLarge sunny lotThree bedrooms
    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.
    28 days
    1,865
    198

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobbie Jo McCachren (828)406-6067,

    Keller Williams High Country,

    Ross McCachren 828-406-5730,

    Keller Williams High Country

    Source: High Country AOR,MLS#: 264774MLS LogoOriginating MLS: High Country Association of Realtors Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air, Propane
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
      • Laundry: Main Level
      Features
      • Basement: Crawl Space
      • Has fireplace: Yes
      • Fireplace features: Masonry
      Interior area
      • Total structure area: 0
      • Total interior livable area: 1,372 sqft
      • Finished area above ground: 1,372
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Carport, Detached, Garage
      • Has garage: Yes
      • Has carport: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 0.78 Acres
      Details
      • Parcel number: 2911530425000
      • Zoning description: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Brick, Wood Frame
      • Roof: Architectural,Shingle
      Condition
      • Year built: 1962

      Utilities & green energy

      • Sewer: Septic Permit Unavailable, Septic Tank
      • Water: Private, Well
      • Utilities for property: High Speed Internet Available, Septic Available

      Community & HOA

      Community
      • Features: Long Term Rental Allowed, Short Term Rental Allowed
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Boone

      Financial & listing details

      • Price per square foot: $218/sqft
      • Tax assessed value: $275,200
      • Annual tax amount: $1,155
      • Date on market: 10/9/2026
      • Listing terms: Cash,New Loan
      • Road surface type: Paved

        Estimated market value

        $298,100

        $283,000 - $313,000

        $2,315/mo

        Price history

        DateEventPrice
        10/13/2026Contingent$299,500$218/sqft
        Source: High Country AOR #264774 Report a problem
        10/9/2026Listed for sale$299,500+15.2%$218/sqft
        Source: High Country AOR #264774 Report a problem
        4/17/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/14/2024Listed for rent$1,800+20%$1/sqft
        Source: Zillow Rentals Report a problem
        2/28/2021Listing removed--
        Source: Owner Report a problem
        8/13/2020Listing removed$1,500$1/sqft
        Source: Owner Report a problem
        8/12/2020Listed for rent$1,500$1/sqft
        Source: Owner Report a problem
        8/11/2020Sold$260,000+4%$190/sqft
        Source: High Country AOR #222979 Report a problem
        7/9/2020Pending sale$249,900$182/sqft
        Source: Clickit Realty #222979 Report a problem
        7/6/2020Listed for sale$249,900+25%$182/sqft
        Source: Clickit Realty #222979 Report a problem
        5/23/2016Listing removed$199,900-9.1%$146/sqft
        Source: Boone Real Estate #191744 Report a problem
        2/3/2015Price change$220,000-2.2%$160/sqft
        Source: Owner Report a problem
        11/9/2014Listed for sale$225,000$164/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,155 +1.1%$275,200
        2024$1,143 $275,200
        2023$1,143 +2%$275,200
        2022$1,120 +52.6%$275,200 +94.8%
        2021$734 $141,300
        2020$734 $141,300
        2019$734 $141,300
        2018$734 +10.6%$141,300
        2017$664 +9.3%$141,300 -7.1%
        2013$607 $152,100
        2012-- $152,100
        2011-- $152,100
        2010-- $152,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28607

        Getting around

        11 / 100
        Car-Dependent
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hardin Park
        • High: Watauga

        Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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