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About This Home

This 3-bedroom, 2-bathroom single family at 264 Rain Valley Rd in Lafollette, TN is listed for $285,000 ($225 per sqft). Built in 2025, the home offers 1,264 sqft of living space on a 0.21 acres lot.

Agent Description

Brand new 2025 home located just half a mile from Norris Lake, with water views and a spacious setup for relaxing outside. Located in Rainbow Richlands, this property has clean finishes throughout, including stainless steel appliances and LVP flooring in the kitchen and bathrooms.

The kitchen feels bright and functional with white cabinetry, pantry storage, and a window over the sink that frames the wooded surroundings. Large windows bring in natural light and create an easygoing feel throughout the main living areas. The floor plan includes spacious bathrooms, generous walk-in closets, and a primary ensuite with double vanity sinks and a walk-in shower.

There is also a mudroom and laundry area off the back entrance, adding extra convenience after a day outdoors or on the water. The newly built 12x40 wrap-around deck is one of the standout features of the property. It creates plenty of room for seating, dining, and taking in the lake view.

The cleared yard gives you even more usable exterior space without a lot of upkeep. The property has minimal restrictions, creating flexibility for personal use, second-home use, or short-term rental potential. Lake access is just a golf cart ride away, with a boat ramp and leasable slips through LifeTime Docks located at the end of the road.

This central Norris Lake location provides convenient access to surrounding marinas and coves. Stardust Marina, Sequoyah Marina, and Anderson County Park are only minutes away by water. With new construction, nearby boat access, and an oversized deck for relaxing outside, this property is set up for easy Norris Lake living. Showings start 05/21. Additional photos coming soon.

Key Features

  • Built in 2025
  • 0.21 acre lot

Property Details

2 full
2025

Amenities

ViewA/C

Monthly Cost Estimate

$1,524/mo

20% down · 6.5% · 30 years

Principal$206
Interest$1,235
Insurance$83

Estimates only. Actual payments may vary.

Location

264 Rain Valley Rd

Lafollette, TN 37766

Rainbow Richlands

Features & Amenities

Interior Features

Walk-In Closet(s)Eat-in Kitchen

Exterior Features

Balcony

Property Details

Flooring

LaminateCarpet

Construction

Vinyl Siding Block

Views

Lake

Pool Features

Deck

Parking

Off Street

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)Central Air

Appliances

DishwasherMicrowaveRangeRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 264 Rain Valley Rd is listed at $285,000 ($225/sqft). The estimated monthly payment is $1,235 based on 20% down at 6.5% interest.

Key features include: Built in 2025, 0.21 acre lot. Interior Features: Walk-In Closet(s), Eat-in Kitchen. Exterior Features: Balcony.

This property is listed by Zoe Ferrell and can be reached at 7409749161 or zoeferrellrealtor@gmail.com.

ZF

Zoe Ferrell

Agent at Wallace

(740) 974-9161

Listed by Wallace · View on Broker Site

MLS# 1341452· Source: listhub· Updated 13 days ago

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

264 Rain Valley Rd, Lafollette, TN 37766

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