For Sale
New
Single family home for sale at 48 Rainbow Lake Cir, Black Mountain, NC 28711 | MLS# 4430519 | Listing updated on 2026-11-05
Photo 1 of Single family home for sale at 48 Rainbow Lake Cir, Black Mountain, NC 28711 | MLS# 4430519 | Listing updated on 2026-11-05
Photo 2 of Single family home for sale at 48 Rainbow Lake Cir, Black Mountain, NC 28711 | MLS# 4430519 | Listing updated on 2026-11-05
Photo 3 of Single family home for sale at 48 Rainbow Lake Cir, Black Mountain, NC 28711 | MLS# 4430519 | Listing updated on 2026-11-05
Photo 4 of Single family home for sale at 48 Rainbow Lake Cir, Black Mountain, NC 28711 | MLS# 4430519 | Listing updated on 2026-11-05
33+
Beds Icon

Street View

$725,000

Monthly Est:$3,609

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,808sqft

48 Rainbow Lake Cir, Black Mountain, NC 28711

$3,609/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 2023

  • $-- HOA

  • 1.85 acres lot

  • $401/sq.ft

Description

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.

  • Houzeo last checked: 9 minutes ago
  • Listing updated: November 5, 2026 at 7:19 pm
  • Listing Provided by: Lisa Yoli (828) 610-8810 | EXP Realty LLC (888) 584-9431
  • Source: Canopy MLS as distributed by MLS GRID | MLS#: 4430519 Canopy MLS as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Buncombe County

  • City

    Black Mountain

  • Neighborhood

    --

  • Year Built

    2023

  • HOA Fees

    -

  • Finished Area

    1,808 sqft

  • Lot Size

    1.85 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Canopy MLS as distributed by MLS GRID

  • MLS Number

    4430519

  • MLS Status

    Active

  • Days on Market

    1

  • Cumulative Days on Market

    1

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Flooring

    Laminate

  • Heating

    Heat Pump

  • Exterior Features

    Hot Tub

  • Sewer

    Septic Installed

  • Appliances

    Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Tankless Water Heater

  • Cooling

    Heat Pump

Construction

  • Year Built

    Year Built: 2023

  • Home type

    Single Family Residence

  • Architectural Style

    Contemporary, Ranch

  • Roof

    Architectural Shingle

  • Foundation Details

    Basement

  • Construction Materials

    Vinyl

Utilities & Energy

  • Fireplace Features

    Gas, Propane

  • Water Source

    Well

  • Laundry Features

    Laundry Room, Main Level, Washer Hookup

  • Utilities

    Electricity Connected, Propane

  • Basement

    Unfinished

  • Parking Features

    Basement, Driveway, Attached Garage

Other Features

  • Subdivision Name

    Rainbow Lake

  • Lot Features

    Wooded, Views

  • Patio And Porch Features

    Covered, Deck, Wrap Around

Price History

DateEventPrice

11/04/2026

Source: mls_logoCanopy MLS #CAR4430519

Listed for Sale

$725,000 +16.94%

$401/sqft

08/01/2026

Source: mls_logoCanopy MLS as distributed by MLS GRID #CAR4322893

Listing Removed

$620,000

$343/sqft

05/29/2026

Source: mls_logoCanopy MLS #CAR4322893

Price Decreased

$620,000 -11.05%

$343/sqft

02/24/2026

Source: mls_logoCanopy MLS #CAR4322893

Price Decreased

$697,000 -1.83%

$386/sqft

02/05/2026

Source: mls_logoCanopy MLS #CAR4322893

Price Decreased

$710,000 -5.96%

$393/sqft

Show more

Nearby Homes

Based on information from Canopy MLS through Nov 06, 2026, 01:15AM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.

Advertising Broker: Nicholas Huscroft | Chosen Realty

Skip to Main Content