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Street View
$725,000
Monthly Est:$3,609
3 Beds
- 2 Baths
2 full baths
1,808sqft
48 Rainbow Lake Cir, Black Mountain, NC 28711
$725,000
$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

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
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

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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
| Date | Event | Price |
|---|---|---|
11/04/2026 Source: | Listed for Sale | $725,000 +16.94% $401/sqft |
08/01/2026 Source: | Listing Removed | $620,000 $343/sqft |
05/29/2026 Source: | Price Decreased | $620,000 -11.05% $343/sqft |
02/24/2026 Source: | Price Decreased | $697,000 -1.83% $386/sqft |
02/05/2026 Source: | Price Decreased | $710,000 -5.96% $393/sqft |
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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.
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