20118 Rainbow Circle, Cornelius NC

  • 3 Bed
  • 2 Bath
  • 1833 ft2
  • 0.5 ac

For Sale $650,000

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Remarks:

Nestled in the highly desirable Biscayne Park community, this beautifully maintained 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and Lake Norman living. Boasting a thoughtfully designed floor plan, this home has been exceptionally well cared for and is truly move-in ready. Bright, inviting living spaces and meticulous attention to detail make it easy to feel at home from the moment you step inside. One of Biscayne Park’s most sought-after features is its picturesque waterfront setting, where residents enjoy beautiful views of Lake Norman along with access to a community lake lot—perfect for soaking in the lakeside lifestyle. Located in the heart of Cornelius, you’ll be just minutes from premier shopping, local boutiques, popular restaurants, entertainment, parks, and everything this vibrant lakeside town has to offer. Whether you’re searching for your first home, looking to downsize, or simply wanting to enjoy one of Lake Norman’s most desirable communities, this home is a must-see!

Exterior Features:

Fence

Interior Features:

Attic Stairs Pulldown, Built-in Features, Cable Prewire, Entrance Foyer, Garden Tub, Open Floorplan

General Information:

List Price: $650,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 1833 sqft
Parking: Driveway
MLS Number: CAR4404305
Subdivision: Biscayne Park
Style: Traditional
Bathrooms: 2
Lot Description: Level, Private, Wooded, Views
Year Built: 1989
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Cornelius
Middle: Bailey
High: William Amos Hough

Price & Sales History

Date Event Price $/SQFT
07-22-2026 Listed $650,000 $355
12-04-2025 Price Decrease $144,900-1.76% $80
11-23-2025 Price Decrease $147,500-1.60% $81
10-27-2025 Price Decrease $149,900-5.72% $82
10-13-2025 Listed $159,000 $87

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Cornelius Elementary 2 miles KG-05 8
J.V. Washam Elementary 3 miles KG-05 8
Davidson Elementary 3 miles KG-05 10
Community School of Davidson 3 miles KG-06 10
Thunderbird Preparatory School 4 miles KG-05 6
Langtree Charter Academy 4 miles KG-06 9

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
20118 Rainbow Circle, Cornelius NC 0 mi $650,000 days
20200 Rainbow Circle, Cornelius NC 0 mi $2,699,000 days
20139 Rainbow Circle, Cornelius NC 0.1 mi $1,800,000 days
20218 Rainbow Circle, Cornelius NC 0.1 mi $3,975,000 days
20320 Havenview Drive, Cornelius NC 0.2 mi $3,099,000 days
20327 Bethelwood Lane, Cornelius NC 0.3 mi $1,750,000 days
1 to 6 of 62 Result

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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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Property Taxes
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    Total Monthly Payment $20,941

    Demographic Data For Zip 28031

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    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.

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    Comments Section

    Property Listing Information

    A Courtesy Listing Provided By Howard Hanna Allen Tate Mooresville/LKN

    20118 Rainbow Circle, Cornelius NC is a 1833 ft2 on a 0.480 acres lot. This is for $650,000. This has 3 bedrooms, 2 baths, and was built in 1989.

    Based on information submitted to the MLS GRID as of 2026-07-22 02:05:56 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.