Rainbow Homes for Sale

Welcome to Rainbow, a vibrant and charming subdivision nestled in the heart of Memphis, Tennessee. This delightful community in Shelby County offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike. With its tree-lined streets and friendly neighbors, Rainbow exudes a warm and inviting atmosphere that feels like home from the moment you arrive.

The homes for sale in Rainbow reflect a diverse range of architectural styles, ensuring that there’s something for everyone. From cozy single-family residences to spacious modern designs, each property boasts unique features that cater to various lifestyles and preferences. Many homes in the subdivision come equipped with updated kitchens, expansive backyards, and inviting living spaces—perfect for entertaining or simply enjoying a quiet evening at home.

Living in Rainbow means being part of a close-knit community that values connection and camaraderie. Residents enjoy easy access to local parks, schools, and shopping centers, ensuring that daily conveniences are just a stone’s throw away. The nearby amenities, including vibrant dining options and recreational facilities, enhance the overall quality of life in this picturesque neighborhood.

Whether you’re looking to buy your first home or seeking a serene place to retire, Rainbow offers a welcoming environment with homes that fit your needs. Explore the diverse listings available today and discover the perfect place to create lasting memories in this charming Memphis community. Your dream home in Rainbow awaits!

$650,500

4 Beds ⋅ 4 Baths ⋅ 10810918 MLS

180 YEAR-ROUND MOUNTAIN VIEWS | PRIVATE POOL | 2.94 ACRES | GATED + ALL-PAVED ACCESS | ONLY 7 MILES TO DOWNTOWN ELLIJAY! Experience incredible panoramic mountain views from this beautifully maintained 4BR/4BA retreat on 2.94 private acres in a peaceful gated community of approximately 36 homes. Perfectly suited for a full-time residence, retirement home, or second-home mountain getaway, this property combines privacy, convenience, and breathtaking scenery just minutes from downtown Ellijay. The open main level features soaring ceilings, hardwood floors, a stacked-stone wood-burning fireplace, and walls of windows designed to showcase the spectacular year-round views. The kitchen offers granite countertops, tile backsplash, under-cabinet lighting, stainless steel appliances, pantry, and abundant cabinetry. The spacious primary suite includes a sitting room or office, walk-in closet, and ensuite with dual marble vanities, soaking tub, and oversized tiled shower. A second bedroom and full bath complete the main level. Upstairs offers a second primary suite with private balcony, ensuite bath, walk-in closet, and bonus room. The finished terrace level provides a fourth bedroom, fourth full bath, bonus room, storage, utility room, and oversized 3-car garage. Outside, relax by the private above-ground chlorine pool and surrounding deck while enjoying the mountain setting, blueberry bushes, and exceptional privacy. Additional highlights include an attached carport plus two-car carport, professionally serviced 22KW whole-house generator, fiber internet, metal roof, two HVAC systems, two water heaters, Low-E Argon vinyl windows, HVAC updated in 2021, new water heater in 2025, and updated interior and exterior paint. HOA is approximately $560/year with community well water approximately $25/month. Rentals of 6 months or longer are permitted; short-term rentals are not permitted. Gilmer County homeowners who qualify for the senior homestead exemption (generally age 65+) may be exempt from the school-tax portion of their property taxes. Convenient to downtown Ellijay, apple orchards, wineries, hiking, Amicalola Falls, and everything North Georgia mountain living has to offer!

55 Beauregards Knob, Ellijay

Listing courtesy of RE/MAX Town & Country.

Rainbow Homes for Sale

Newest Rainbow Homes for Sale