Looking for Real Estate for Sale?

Check out some of our Featured Real Estate Listings below.

Always call Rainbow Realty to find real estate for sale in Elizabethton, Johnson City, Kingsport and Bristol (all of the Tri-Cities area homes for sale).

If it’s out there, we can find it!

If you don’t see the real estate for sale that might be the perfect fit for you, our staff may not have had time to post some of our newest listings yet. We try to list homes for sale quickly, but be sure to always call us.

Please Note:
Some listings may have been sold but not yet updated on our website. Please allow 72 hours for sold listings to be removed.


547 N Highway 91

Elizabethton, TENNESSEE 37643

230 feet of road frontage on a 5-lane State Highway with a high traffic count. This building was used as a restaurant and is in excellent condition. Most of the furnishings & equipment are in place at this time. The main building has 3 phase power. There is an attached 24X30 deck. Building in back has 576 sq. ft. and includes a walk-in freezer, walk-in cooler and dry storage. There is also a smaller outbuilding. The paved area consists of 7500 sq. ft. An extra lot (543 Hwy 91) that is parcel 035F A 001.00 is included in this acreage, road frontage & price along with the Kooler Ice Machine that stands on the lot. A great location with multiple uses.


Offered at: $639,900

For more pictures and information CLICK HERE

Offered at: $189,900


106 Parsonage

Elizabethton, TENNESSEE 37643

If you are looking for a 4BR, 2BA large home that is basically brand new, for a great price, look no further. This home has newly painted walls and trim & refinished hardwood, ceramic tile & upstairs carpet for flooring. All the light fixtures and ceiling fans are new. The stairs have been retreaded and new handrails installed. Both bathrooms have new fixtures and new tile. The kitchen has both kept the integrity of the warm pine wood walls & cabinets paired with new modern granite countertops, glass tile backsplash, stainless appliances, lighting & ceramic tile flooring. The unfinished square footage on the main level is an actual finished room with new paint and carpeting along with the laundry room that only needs a heat source to be considered finished. The electrical plug is in place for a space or baseboard type heater or whatever you choose. There is an outside entrance to the backyard into this room and garage. The oversized single car garage has been painted with new stairs into the dining/living room and The garage door is new. There is a new huge deck on the back with access from the kitchen. All New pavement has been added for additional parking and turning area in back (side) of home. Part of the sidewalk has new concrete. There is fresh mulch down in the landscaping areas. From the front door to the back, you’ll love the open spaces, especially the large living area with fireplace, new finishes and the brightness provided by the many windows. The home has 2 CH&A units. The largest bedroom is on the 2nd level with a huge floored attic space as well as 2 closets for storage.

616 Race Street

Elizabethton, TENNESSEE 37643

A gorgeous front door is your entry into this ranch style home that has good square footage for the money. Situated on a level fenced lot, this home is downtown within walking distance of restaurants, groceries stores and the downtown area amenities. The kitchen has been upgraded with stainless appliances featuring a natural gas cook top & island. There is new lighting throughout. The floors are original shiny hardwood with one room carpeted and vinyl kitchen & bath flooring. The bath vanity & sink with fixture is totally upgraded. The original carport in this home has been converted to a den (or room of your choice) with CH&A. You don’t have to walk outside to get into this laundry room that also has an entry onto the patio. There is a detached carport out front that will provide cover for 2 vehicles. The back patio is covered and yes, the grill is included. The landscaping has been groomed to include new mulch. One level living. Please leave the living room and kitchen lights on. Lock box on front den door but key for main front door. FEMA map shows this house is not in a flood zone.

Offered at: $119,900



126 Hyder St

Elizabethton, TENNESSEE 37643

Ranch style home with 3 bedrooms, 2 baths, Fireplace and attached garage. Extra features include a large bonus room, mud room, handicap accessable ramp and shower. Located in the very popular Hunter Community. All information from tax records and second party to be verified by buyer.


Offered at: $133,296

218 Dennis Cove Rd

Hampton, TENNESSEE 37658

This 3 bedroom home, with the master on the main level, & upstairs office, is ready for you to move into. All new paint, new windows, new appliance, gorgeous built-in cabinetry in dining area, and more. Come take a look.

Offered at: $108,750

00 Old Stoney Creek Rd

Elizabethton, TENNESSEE 37643

MLS# 404905 – Active

Vacant Land in Carter County

Offered at: $399,000

Public Rem: Watauga River, Watauga River 18.45 acres, level with over 1100 feet frontage on Watauga River see video’s on our website www.rainbowrealtytn.com one of the best Trout streams in the Southeast with enough land for a small farm

00 Hatcher Lane, Elizabethton, TN 37643

MLS# 413840 – Active


Offered at: $235,000

5,000 Fin Sqft

Large Steel on Steel building currently being used for Semi repair and maintenance, and storage. Large garage door, loading ramp updated Electrical and lighting, extra thick concrete floor. Property fronts Blue Ridge and Hatcher Lane.

476 Bishop Hollow Road – $350,000

Secluded Vacant Land!

If you have been waiting for property on the beautiful Watauga River, this is the one. 8.47 acres not far below Little Wilbur Dam with more than 1200 feet of river front. The property has underground electrical hook ups & septic in place. Get your trout flies, kayak, canoe, fishing boots & boat ready. This little spot of heaven can be yours today.

8.47 acres
Permitted: Horses, Livestock
River Front
Sewer-Septic, Water-Public
Utilities Avail: Electricity


545 Sycamore Shoals

Elizabethton, TENNESSEE 37643

2 Beds

2 / BA / HB

120.13 Acres

4 Rooms

2,916 Fin Sqft

Two Houses and One mile River Frontage – MLS#410259

Offered at: $1,900,000

Approximately 1 mile of Frontage on Watauga River located just above the Trophy portion of this busy Trout stream. There is 8/10 mile road frontage on Sycamore Shoals Drive which gives these 120 acres multiple options. When entering the long paved driveway, The Luxurious Main Brick House is absolutely gorgeous, 2 Master Bedrooms, Eat in Kitchen, the Table now sits 8 with plenty of space room to add more seating. An abundance of Cabinet space with Granite counter tops, Double ovens, Island and the floor covered with large tiles. The Den has large windows for the great views of Elizabethton and the surrounding Mountains with half Hardwood and half Tile floors, Poplar Beaded Wood ceiling, with adjoining Sauna. The Living Room center piece is unlike any I’ve seen; a Brick Fireplace with a beautiful hardwood mantle. The Basement area has storage galore, a wood burning stove and drive under garage. The Second Brick House was built in 2002 and has a total of 2204 finished square feet of living space consisting of 3 Bedrooms 2 Baths & basement with drive under garage. This property consists of open fields and woods with several 4-wheel and hiking trails, a pond and Wildlife aplenty. All prospective buyers must be pre-approved financially with a 24 hour advance notice for showing. All information taken from tax records, Buyer to confirm.