Tucked away in a peaceful setting with stunning lake views, this 2-bedroom, 2-bath log cabin offers the perfect blend of comfort, craftsmanship, and natural beauty. Enjoy your morning coffee on the covered front porch while taking in views of Rainbow Lake, the ancient cave, and the world’s only double-span natural bridge-one of the earth’s rarest landmarks, formed over millions of years. Not a bad view!
Inside, you’ll find warm log finishes, a cozy fireplace, and a sunroom that lets nature steal the show. The primary suite features a walk-in closet with a built-in vanity, while thoughtful upgrades-such as freshly stained exterior logs and an fully encapsulated crawl space, reflect true pride of ownership. The 1-car attached garage and a storm shelter/canning area - adds convenience and extra storage space.
For the nature lovers, a pair of bald eagles have been seen on the property and around the lake. Canadian geese visit each year during their migration, as well as turtles and bass can usually be seen in the lake from the porch.
Whether you’re looking for a full-time retreat, a peaceful getaway, or a vacation rental, this cabin delivers timeless charm and truly prehistoric views.
Property includes parcel 038F B 015.01
Active
Price cut: $10.1K (1/22)
$299,900
999 Rainbow Lake Rd, Waynesboro, TN 38485
2beds
1,564sqft
Est.:
Single Family Residence, Residential
Built in 1996
0.84 Acres Lot
$-- Zestimate®
$192/sqft
$-- HOA
What's special
- 80 days |
- 1,329 |
- 60 |
Zillow last checked: 8 hours ago
Listing updated: January 22, 2026 at 11:41am
Listing Provided by:
Chelsea Vargas 615-375-6680,
Realty Executives Hometown Living 615-802-2000
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3037666
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Range
Features
- Bookcases, High Ceilings
- Flooring: Wood
- Basement: Crawl Space
- Number of fireplaces: 1
Interior area
- Total structure area: 1,564
- Total interior livable area: 1,564 sqft
- Finished area above ground: 1,564
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Covered
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.84 Acres
- Dimensions: 200 x 147.6 x 120 x 202.47 IRR
- Features: Views
- Topography: Views
Details
- Parcel number: 038F B 00100 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Log, Stone
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Rainbow Hills
HOA
- Has HOA: No
Location
- Region: Waynesboro
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $164,400
- Annual tax amount: $891
- Date on market: 11/6/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2026 | Price change | $299,900-3.3%$192/sqft |
Source: | ||
| 12/30/2025 | Price change | $310,000-3.1%$198/sqft |
Source: | ||
| 11/7/2025 | Listed for sale | $320,000+106.5%$205/sqft |
Source: | ||
| 6/20/2023 | Sold | $155,000+3.3%$99/sqft |
Source: | ||
| 6/20/2023 | Pending sale | $150,000$96/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $891 +13% | $41,100 |
| 2023 | $788 | $41,100 |
| 2022 | $788 | $41,100 +52.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,685/mo
Principal & interest
$1445
Property taxes
$135
Home insurance
$105
Climate risks
Neighborhood: 38485
Nearby schools
GreatSchools rating
- 5/10Waynesboro Middle SchoolGrades: 5-8Distance: 8.5 mi
- 5/10Wayne County High SchoolGrades: 9-12Distance: 9 mi
- 4/10Waynesboro Elementary SchoolGrades: PK-4Distance: 8.7 mi
Schools provided by the listing agent
- Elementary: Waynesboro Elementary
- Middle: Waynesboro Middle School
- High: Wayne County High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





