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Lake Lure Is Back!

For a limited time, enjoy 15% off nightly rates, plus a $75 gift card when you book three nights or more. Valid for stays between May 15th and August 31st, 2026. Book by May 7th, 2026! Use code "RETURNTOLAKELURE" when booking online or mention it when contacting our team. Book online at www.RumblingBaldLodging.com or contact our team at 828.694.3015 or frontdesk@rumblingbald.com.

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48 Rainbow Lake Circle
$697,000
Black Mountain, NC, 28711
singlefamily
3
2
Lot Size: 1.85 Acres
MLS #CAR4322893 image #0
ABOUT

Property Information

See it to believe it! This 2023 extended length modular on a full unfinished basement is a beauty and a beast. Unscathed from the storm, the buried propane tank and full home generator even kept neighbors refrigerators running! Selling completely furnished with a long list of additional items that can be negotiated to convey. Open floor plan 3/2 on the main floor. Over an acre lot provides privacy. The 100K
wrap around deck includes jacuzzi, grill, and patio furniture! No HOA. It’s “up and out there” for a reason, to leave the hustle and bustle for a true mountain getaway! Pack the pantry and freezer and plan on doing nothing but reading, grilling, jacuzzi soaking, and rocking chair gazing as the sun goes down for days on end in the beautiful Blue Ridge Mountains. And for a change of pace, Asheville and Hendersonville are under a hour away. See notes on directions and access.
SPECIFICS

Property Details

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Price:
$697,000
MLS #:
CAR4322893
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Rainbow Lake
Listed Date:
Dec 8, 2025
Finished Sq Ft:
1,843
Lot Size:
80,586 sqft / 1.85 acres (approx)
Year Built:
2023
WoodedOutbuildingRainbow LakeCharles D Owen
AMENITIES

Interior

Above Grade Finished Area
1843
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

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, Attached Garage
Patio And Porch Features
Covered, Deck, Wrap Around
Roof
Architectural Shingle
NEIGHBORHOOD

Schools

Elementary School:
Unspecified
Middle School:
Unspecified
High School:
Charles D Owen
FINANCIAL

Financial

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