20139 Rainbow Circle, Cornelius NC
- 3 Bed
- 2 Bath
- 1808 ft2
- 0.5 ac
For Sale $1,800,000
Remarks:
Experience classic lakefront living on Lake Norman at this charming waterfront retreat in the heart of Cornelius. Nestled on a beautiful half-acre lot with approximately 100+ feet of shoreline on a quiet cove, this property offers stunning water views, gentle access to the lake, and multiple outdoor living spaces designed to capture the beauty of lakeside living. The home features 3 bedrooms and 2 bathrooms with a comfortable, open layout ideal for both relaxing weekends and full-time lake living. Large windows throughout bring in natural light and frame gorgeous water views, while a sunroom and spacious deck provide the perfect setting for entertaining or enjoying peaceful sunsets over the lake. The primary suite features an updated bathroom, creating a private retreat after a day on the water. Step outside to your private lakeside oasis featuring a private pier and boat slip, ideal for boating, swimming, and enjoying everything Lake Norman has to offer. With a gentle slope to the shoreline, the lot is perfect for easy lake access and outdoor enjoyment. Investors and Builders, Check out this lot with several surrounding new constructions currently underway. Located just minutes from shopping, dining, and I-77, Birkdale, and downtown Cornelius, this property combines the tranquility of waterfront living with the convenience of nearby amenities.
Exterior Features:
Fire Pit, Dock - Floating, Storage
General Information:
| List Price: | $1,800,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1808 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4354765 |
| Subdivision: | Biscayne |
| Bathrooms: | 2 |
| Lot Description: | Wooded, Views, Waterfront |
| Year Built: | 1986 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Cornelius |
| Middle: | Bailey |
| High: | William Amos Hough |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 04-18-2026 | Listed | $1,800,000 | $996 |
| 03-16-2026 | Listed | $914,000 | $506 |
| 05-05-2025 | Listed | $389,500 | $216 |
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 |
| Grand Oak Elementary School | 4 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 |
| 20139 Rainbow Circle, Cornelius NC | 0 mi | $1,800,000 | days | |
| 20711 Bethel Church Road, Cornelius NC | 0.3 mi | $6,900,000 | days | |
| 20410 Island Forest Drive, Cornelius NC | 0.4 mi | $4,100,000 | days | |
| 20211 Tailwind Lane, Cornelius NC | 0.6 mi | $650,000 | days | |
| 20919 Island Forest Drive, Cornelius NC | 0.7 mi | $2,750,000 | days | |
| 20407 Harborgate Court, Cornelius NC | 0.9 mi | $1,091,000 | 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 28031
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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 Coldwell Banker Realty
20139 Rainbow Circle, Cornelius NC is a 1808 ft2 on a 0.470 acres lot. This is for $1,800,000. This has 3 bedrooms, 2 baths, and was built in 1986.
Based on information submitted to the MLS GRID as of 2026-04-18 11:05:26 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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