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48 Rainbow Lake Circle
$725,000
Black Mountain, NC, 28711
singlefamily
3
2
Lot Size: 1.85 Acres
MLS #CAR4430519 image #0
ABOUT

Property Information

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.
SPECIFICS

Property Details

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Price:
$725,000
MLS #:
CAR4430519
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Rainbow Lake
Listed Date:
Nov 4, 2026
Finished Sq Ft:
1,808
Lot Size:
80,586 sqft / 1.85 acres (approx)
Year Built:
2023
WoodedOutbuildingRainbow LakeBlack MountainCharles D OwenCharles D Owen
AMENITIES

Interior

Above Grade Finished Area
1808
Appliances
Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Tankless Water Heater
Bathrooms
2 Full Bathrooms
Cooling
Heat Pump
Flooring
Laminate
Heating
Heat Pump
Laundry Features
Laundry Room, Main Level, Washer Hookup
Levels
One
AMENITIES

Exterior

Architectural Style
Contemporary, Ranch
Construction Materials
Vinyl
Exterior Features
Hot Tub
Garage Spaces
2
Lot Features
Wooded, Views
Open Parking Spaces
3
Open Parking YN
1
Other Structures
Outbuilding
Parking Features
Basement, Driveway, Attached Garage
Patio And Porch Features
Covered, Deck, Wrap Around
Roof
Architectural Shingle
NEIGHBORHOOD

Schools

Elementary School:
Black Mountain
Middle School:
Charles D Owen
High School:
Charles D Owen
FINANCIAL

Financial

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48 Rainbow Lake Circle
Black Mountain, NC