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Active
$299,500 Est. $2,064/mo — Get pre-qualified
3beds 2baths 1,372sq ft 0.78acres

118 Rainbow Trail · Boone, NC 28607

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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.

Features & Amenities

Living Area1,372 Sq.Ft.
Bedrooms3
Baths2
FireplaceYes
Year Built1962
StatusActive
Lot Size0.78 Acres
CountyWatauga
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
HOANo
ElementaryHardin Park Elementary School
MiddleUnknown Middle School
HighWatauga High School
Presented By: Keller Williams High Country; 828.386.1086; klrw1164@kw.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Walk Score®
11
Car-Dependent
Bike Score®
6
Somewhat Bikeable
Transit Score®
—
No nearby transit

Walk Score®, Bike Score® and Transit Score® provided by Walk Score.

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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High Country Association of REALTORS (HCAOR) © Information is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Last Update: Oct 9, 2026