This home's estimate is 20.5% higher than the average sale price ($616K) of 6 comparable homes.
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472/474 Rainbow Trl, Boone, NC 28607
About this home
First time on the market! Two duplexes with excellent rental histories now listed for sale below current tax value. These 2 units are being sold together as they share the same pin # located on a combined lot for a total of 1.39 acres. These are 2 story duplexes with each floor offering 4 bedrooms and 2 baths, however; current septic permit only allows for 4 bedrooms per duplex. The two buildings are located only minutes from New Market Center shopping, Boone and ASU but offer a quiet location off a main a road with woods in the backyard, decks, and a PETS WELCOME policy. Shared well; 2 buildings are individually metered per unit. Each unit has a nicely sized kitchen open to the living room with a dining bar. Spacious living room opens to back deck and woods. Two bedrooms and a full bath are found to each side of the living room. Ample parking available for all tenants. The duplexes are managed by Holton's Rentals in Boone.
Redfin Estimate
Market trends in 28607, NC
Last updated September 2026
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Provided by Redfin
Sale history for 472/474 Rainbow Trl
$1/sq ft
$1/sq ft
$1/sq ft
$92/sq ft
$94/sq ft
Tax history for 472/474 Rainbow Trl
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Interior
- Interior Features
- Window Features: Double Pane Windows
- Appliances: Electric Water Heater
- Room Information
- Has Basement
- Basement Details: Crawl Space
Exterior
- Exterior Features
- Roof: Asphalt, Shingle
- Building Information
- Construction Materials: Wood Siding
- Property Information
- Property Type: Residential Income
- Property Sub Type: Duplex
- Raw Mls Property Sub Type: Duplex
- Lot Information
- Lot Features: Wooded
- Lot Size Acres: 1.39
- Zoning Description: None
Financial
- Tax Information
- Tax Annual Amount: $1,428
Utilities
- Utility Information
- Water Source: Shared Well
- Sewer: Private Sewer
Location
- Schools Information
- Elementary School: Hardin Park
Public facts
- Beds: 4
- Baths: 2.0
- Sq. Ft.: 1,936
- Stories: 2.0
- Lot Size: 1.39 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1989
- Year Renovated: —
- County: Watauga County
- APN: 2911347524000
Other
- Listing Information
- List AOR: HighCountryAssociationofRealtorsInc
Around this home
Schools
Public PreK-8 • Assigned • 0.8mi
Public 9-12 • Assigned • 1.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 89° expected this year, 19 days in 30 years
Minor risk of severe winds over next 30 years
2 unhealthy days expected this year, 2 days in 30 years
Sun exposure
In this area, properties receive around 8.5 hours in June and 4.8 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 28607
Home values near 472/474 Rainbow Trl
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1508 Sq. Ft. | $224,633 |
3 Beds | 2 Baths | 1512 Sq. Ft. | $269,208 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1936 Sq. Ft. | $466,802 |
3 Beds | 2 Baths | 1188 Sq. Ft. | $273,377 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1936 Sq. Ft. | $450,125 |
2 Beds | 1 Baths | 873 Sq. Ft. | $312,265 |
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