Rainbow Terrace Homes for Sale

Welcome to Rainbow Terrace, a charming subdivision nestled in the vibrant city of Madison, Tennessee, within Davidson County. This delightful community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and anyone looking to enjoy the best of both worlds.

Rainbow Terrace features an array of beautifully designed homes for sale, each showcasing unique architectural styles and modern amenities. Whether you’re in search of a cozy starter home or a spacious residence for your growing family, you’ll find a variety of options that cater to diverse needs and preferences. The community is characterized by its well-maintained streets, lush green spaces, and friendly neighbors, fostering a warm and welcoming atmosphere.

Living in Rainbow Terrace means you’re just a stone's throw away from the vibrant culture and entertainment that Madison has to offer. From local parks and recreational facilities to shopping centers and dining options, everything you need is conveniently located nearby. Plus, with easy access to major highways, commuting to downtown Nashville and beyond is a breeze.

Families will appreciate the quality education provided by the local school district, while outdoor enthusiasts can explore the nearby parks and nature trails that make this area truly special.

If you’re looking for a community that combines comfort, convenience, and charm, look no further than Rainbow Terrace. Explore the homes for sale today and discover your dream home in this inviting 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

$475,000

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

**OPEN HOUSE, Saturday, 8/1, 2pm-4pm** Completely reimagined from the studs out, this stunning home is essentially brand new! Every major component has been replaced, including the roof, siding, HVAC, plumbing, electrical, windows, drywall, flooring, and appliances—offering the peace of mind of new construction with the charm of an established setting. Step inside to discover LVP flooring throughout with no carpet, creating a stylish and seamless look. The kitchen features leathered granite countertops, a tile backsplash, and brand-new stainless steel appliances. The spacious primary suite offers a private retreat with a gorgeous tiled shower, oversized soaking tub, and generous walk-in closet. Situated on just over 1.5 acres, this property delivers the perfect blend of privacy, room to roam, and everyday convenience. Enjoy peaceful country living while remaining just a short drive from Nashville for an easy commute. Plus, take advantage of up to $4,500 in preferred lender incentives—making this incredible home an even better value!

305 Randy Rd, Madison

$625,000

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.