115 Rainbow Lane, Mooresville NC
- 3 Bed
- 3 Bath
- 1302 ft2
- 0.5 ac
For Sale $1,200,000
Remarks:
Welcome to this waterfront brick ranch with a walk-out basement, offering 3 bedrooms, 3 full baths, an office, and breathtaking lake views. Situated on a private and peaceful lot, this home combines comfortable one-level living with wonderful additional space downstairs and easy access to the water. The main level features beautiful hardwood floors throughout, an inviting living room with built-in shelving, plantation shutters in several rooms, and an eat-in dining area. The kitchen is equipped with stainless steel appliances and offers a functional layout for everyday living and entertaining. The primary suite includes a walk-in closet, dual vanities, and a good sized walk-in shower. An additional second full bath on the main also includes a linen closet and tub/shower combination, with a bedroom conveniently located across the hall. French doors open to a wonderful enclosed porch where you can relax and take in the gorgeous lake views. The walk-out lower level offers even more living space with built-in cabinetry and shelving, a third bedroom, and the third full bath featuring a stand-alone walk-in shower. A spacious laundry room and flexible room, perfect for a home office, hobby room, or additional living space, complete the lower level. Step outside to the patio and enjoy the private yard, fire pit, and tranquil surroundings. For the lake enthusiast, this property includes a covered deeded boat slip with dock and excellent water views, conveniently located close to the main channel. A storage shed provides additional space for your outdoor needs. Tucked away in a quiet and private setting yet conveniently located near I-77, this hidden gem offers easy access to shopping, excellent restaurants, and everything you need. Whether you're relaxing on the enclosed porch, enjoying the lake from your own boat slip, or gathering around the fire pit, this waterfront retreat offers the perfect blend of privacy, comfort, and lake living. No representation on fire place in basement as the sellers have never lived in the home.
Interior Features:
Walk-In Closet(s)
General Information:
| List Price: | $1,200,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1302 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4413654 |
| Subdivision: | Catalina Cove |
| Bathrooms: | 3 |
| Lot Description: | Wooded, Waterfront |
| Year Built: | 1969 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Coddle Creek |
| Middle: | Woodland Heights |
| High: | Lake Norman |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-19-2026 | Listed | $1,200,000 | $922 |
| 11-09-2025 | Listed | $430,000 | $331 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Langtree Charter Academy | 1 miles | KG-06 | 9 |
| Lake Norman Elementary School | 2 miles | PK-05 | 9 |
| Community School of Davidson | 3 miles | KG-06 | 10 |
| Lakeshore Elementary School | 4 miles | PK-05 | 8 |
| Coddle Creek Elementary School | 4 miles | PK-05 | 9 |
| Davidson Elementary | 5 miles | KG-05 | 10 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 115 Rainbow Lane, Mooresville NC | 0 mi | $1,200,000 | days | |
| 348 Catalina Drive, Mooresville NC | 0.1 mi | $1,295,000 | days | |
| 351 Catalina Drive, Mooresville NC | 0.2 mi | $910,000 | days | |
| 354 Catalina Drive, Mooresville NC | 0.2 mi | $1,900,000 | days | |
| 170 Malibu Road, Mooresville NC | 0.3 mi | $1,299,999 | days | |
| 182 Malibu Road, Mooresville NC | 0.3 mi | $2,999,999 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
Powered by Google Maps
Mortgage Calculator
$
%
%
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
$
|
| H.O.A. / Maintenance |
$
|
| Property Insurance |
$
|
| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28117
|
Occupancy Types |
|
Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Howard Hanna Allen Tate Lake Norman
115 Rainbow Lane, Mooresville NC is a 1302 ft2 on a 0.500 acres lot. This is for $1,200,000. This has 3 bedrooms, 3 baths, and was built in 1969.
Based on information submitted to the MLS GRID as of 2026-08-19 15:35:02 EST. All data is
obtained from various sources and may not have been verified by 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for more information
Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Share
