Rainbow Terrace Homes for Sale

Welcome to Rainbow Terrace, a hidden gem nestled in the heart of Madison, Tennessee, within Davidson County. This charming subdivision offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike. With its tree-lined streets and friendly neighbors, Rainbow Terrace exudes a warm and welcoming atmosphere that will make you feel right at home.

The homes for sale in Rainbow Terrace showcase a variety of architectural styles, from cozy single-family residences to spacious modern designs. Each property is thoughtfully crafted, featuring open floor plans, generous living spaces, and well-appointed kitchens that are perfect for entertaining or enjoying quiet family dinners. Many homes also boast beautifully landscaped yards, providing a perfect backdrop for outdoor gatherings and playtime with the kids.

Residents of Rainbow Terrace enjoy easy access to a plethora of amenities, including local parks, shopping centers, and dining options that cater to every palate. The community is conveniently located near major highways, ensuring a smooth commute to Nashville and surrounding areas. For families, the subdivision is served by reputable schools, enhancing the appeal for those with children.

If you’re looking for a vibrant community that combines comfort, convenience, and charm, Rainbow Terrace is the perfect place to call home. Explore the available homes for sale today, and discover the lifestyle that awaits you in this delightful Madison neighborhood!

Newest Rainbow Terrace Homes for Sale

$279,900

3 Beds ⋅ 1 Baths ⋅ 3309054 MLS ⋅ ACTIVE Status ⋅ 0.2 Acres ⋅ 37115 Zip Code

A fantastic opportunity for a first-time buyer looking to make Madison home or an investor searching for their next property. Priced at $279,900, this charming three-bedroom cottage offers nearly 1,500 square feet in a fantastic neighborhood surrounded by continued growth and development. Hardwood floors run throughout much of the home, with great natural light and plenty of the character that makes these classic Madison cottages so appealing. The home is turnkey and ready to enjoy as it sits, while still offering plenty of opportunity to add your own style and take it to the next level over time. Whether you’re looking for an approachable entry point into the Nashville market, a home you can make your own, or an investment in one of the city’s evolving neighborhoods, this one offers a hard-to-find combination of space, character, location, and potential, all for under $300,000

644 Carmel Ave, Madison

$265,000

3 Beds ⋅ 2 Baths ⋅ 3278592 MLS ⋅ ACTIVE Status ⋅ 0.22 Acres ⋅ 37115 Zip Code

Full of potential and ready for its next chapter! This 3-bedroom, 2-bath Madison home is a great opportunity for buyers looking to add their own style and make a home truly their own. With a functional floor plan, spacious living areas, plenty of natural light, and a large backyard, there is lots of room to bring your ideas to life. The home needs some TLC and updating, but with the right improvements, it could be a wonderful place to call home. Conveniently located near shopping, dining, parks, major interstates, and downtown Nashville.

411 Lanier Dr, Madison

$475,000

3 Beds ⋅ 2 Baths ⋅ 3263439 MLS ⋅ ACTIVE Status ⋅ 1.51 Acres ⋅ 37115 Zip Code

Completely renovated from the studs out, this like-new home sits on just over 1.5 acres offering plenty of room to enjoy with an easy commute to Nashville. Extensive updates include a new roof, siding, HVAC, plumbing, electrical, windows, drywall, flooring, appliances, and more. Inside, enjoy LVP flooring throughout (no carpet), a beautifully updated kitchen with leathered granite countertops, tile backsplash, and new stainless steel appliances. The spacious primary suite features a tiled shower, soaking tub, and oversized walk-in closet. Conveniently located near shopping and dining. Preferred lender incentives available with up to $4,500 toward buyer costs.

305 Randy Rd, Madison

$610,000

3 Beds ⋅ 2 Baths ⋅ 3248993 MLS ⋅ ACTIVE Status ⋅ 0.25 Acres ⋅ 37115 Zip Code

Welcome to 644 Cheryl Ave, a beautifully maintained single-level home built in 2018 and tucked away on a spacious quarter-acre lot in Madison. Offering 3 bedrooms, 2 full baths, and 1,905 square feet of thoughtfully designed living space, this home combines modern convenience with comfortable living. The open-concept layout features a spacious living area that flows seamlessly into the kitchen and dining space, creating the perfect setting for everyday living and entertaining. The kitchen is equipped with stainless steel appliances, ample cabinetry, and generous prep space. The private primary suite offers a relaxing retreat with double vanities and a walk-in shower, while the secondary bedrooms feature oversized closets and plenty of room to spread out. Enjoy morning coffee or unwind in the evenings on the inviting front porch or back deck overlooking the large backyard. With bamboo/cork and tile flooring, a convenient driveway, no HOA, and easy access to Nashville, shopping, dining, and local amenities, this move-in-ready home is one you won't want to miss.

644 Cheryl Ave, Madison

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.