1300 Rainbow Drive, Shelby NC
- 2 Bed
- 2 Bath
- 840 ft2
- 0.5 ac
For Sale $215,000
Remarks:
Affordable, brand-new, and ready for you to call home. This thoughtfully designed new construction offers an easy, low-maintenance lifestyle with a layout that lives bigger than expected. Inside, you’ll find a bright, open floor plan with a spacious living area that flows seamlessly into the kitchen - complete with stainless steel appliances and plenty of room for everyday living or hosting friends. The split-bedroom design provides privacy, while both bedrooms offer comfortable space and functionality. Set on a level lot with no HOA, this home gives you the freedom to truly make it your own. Whether you’re tired of renting or simply looking for an affordable path into homeownership, this is an opportunity worth exploring. Brand new construction with builder warranties included - move in with confidence and start building equity from day one. *1-0 Buydown Covered by Lender When Using Preferred Lender!*
General Information:
| List Price: | $215,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 840 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4381591 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Lot Description: | Cleared, Level |
| Year Built: | 2026 |
| Sewer Type: | County Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 05-31-2026 | Listed | $215,000 | $256 |
| 09-04-2025 | Price Decrease | $247,997-0.80% | $296 |
| 08-16-2025 | Price Decrease | $249,997-3.85% | $298 |
| 07-19-2025 | Listed | $259,997 | $310 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pinnacle Classical Academy | 4 miles | KG-06 | 8 |
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 |
| 1300 Rainbow Drive, Shelby NC | 0 mi | $215,000 | days | |
| 1313 Dockery Drive, Shelby NC | 0.1 mi | $450,000 | days | |
| 1317 Wyanoke Avenue, Shelby NC | 0.4 mi | $395,000 | days | |
| 1527 Rhyne Street, Shelby NC | 0.5 mi | $340,000 | days | |
| 1300 Briarcliff Road, Shelby NC | 0.5 mi | $290,000 | days | |
| 3014 Arnold Drive, Shelby NC | 0.6 mi | $215,000 | 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
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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 |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28152
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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 SERHANT
1300 Rainbow Drive, Shelby NC is a 840 ft2 on a 0.480 acres lot. This is for $215,000. This has 2 bedrooms, 2 baths, and was built in 2026.
Based on information submitted to the MLS GRID as of 2026-05-31 11:26:14 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.
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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.
