
Active

MLS# CAR4430519 · 1 days on market
48 Rainbow Lake Circle
Black Mountain, NC 28711 · Rainbow Lake
$725,000$401/sqft
Beds3
Baths2
Sq Ft1,808
Lot1.85 ac
$/SqFt$401
DOM1
Architectural Narrative
Discover this exceptional fully furnished Blue Ridge retreat in a secluded mountain setting fused with the appeal of an active vacation rental. Nestled among mature woodlands in Black Mountain, this distinctive property presents an attractive blend of personal enjoyment, existing rental activity, and future income potential. For the investor seeking a desirable hospitality asset or the buyer envisioning a private mountain escape, this offering delivers versatility with lasting appeal. A welcoming covered porch sets the tone for a memorable mountain experience, inviting guests and owners alike to enjoy misty mornings, changing foliage, and evenings immersed in the tranquility of the mountains. Inside, the well appointed and functional main Great Room creates an inviting atmosphere for holiday gatherings and intimate occasions, with a fireplace adding warmth and character to the experience. The full basement offers opportunity to expand heated living area, accommodate additional guests, or introduce amenities that further enhance rental performance. Whether as a personal residence, multigenerational haven or income-producing getaway, this property represents an opportunity to combine mountain ownership with investment potential in one of Western North Carolina's most desired destinations.
At a Glance
Bedrooms3
Full Baths2
Half Baths0
Property TypeSingle Family Residence
StyleContemporary
Year Built2023
LevelsOne
Garage2 spaces
Community & Resources
Community
Rainbow Lake
Black Mountain, NC
County
Buncombe
NC · 28711
High School
Charles D Owen
Assigned district
Middle School
Charles D Owen
Assigned district
Elementary
Black Mountain
Assigned district
Tax Assessed
$484,800
County record
Property Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Stories / Levels
- One
- Living Area (SqFt)
- 1,808
- Above Grade SqFt
- 1,808
- Full Bathrooms
- 2
- Lot Size
- 1.85 acres
- Zoning
- OU
- Parcel #
- 0634-15-4778-00000
- Tax Assessed Value
- $484,800
Appliances
DishwasherElectric OvenGas CooktopGas Water HeaterRefrigeratorTankless Water Heater
Heating, Cooling & Utilities
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Flooring
- Laminate
- Fireplace
- Gas, Propane
- Laundry
- Laundry Room, Main Level, Washer Hookup
- Water Source
- Well
- Sewer
- Septic Installed
- Utilities
- Electricity Connected, Propane
Exterior & Parking
- Architectural Style
- Contemporary, Ranch
- Construction
- Vinyl
- Foundation
- Basement
- Roof
- Architectural Shingle
- Garage
- 2 spaces
- Parking
- Basement, Driveway, Attached Garage
- Patio / Porch
- Covered, Deck, Wrap Around
- Exterior Features
- Hot Tub
Lot Features
WoodedViews
Gallery
Listing courtesy of EXP Realty LLC · Lisa Yoli · Listed 11/04/2026
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48 Rainbow Lake Circle
Black Mountain, NC · $725,000
