20200 Rainbow Circle, Cornelius NC

  • 5 Bed
  • 6 Bath
  • 2547 ft2
  • 0.6 ac

For Sale $2,795,000

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Remarks:

Modern sophistication meets timeless West Indies elegance in this extraordinary custom new-construction residence by Lagniappe Homes. Ideally positioned in the heart of Cornelius with lake access and directly across from Lake Norman, this 4,845 sq. ft. luxury retreat offers beautiful water views and a rare opportunity to own a thoughtfully designed new construction home in one of the area’s most coveted locations. From the moment you arrive, the architectural presence is unforgettable. A full stucco exterior, aluminum-clad bronze windows, standing seam metal roofing accents, custom wood garage doors, and a stained mahogany entry door with beveled Flemish glass create a refined yet welcoming aesthetic. Stone entry steps, stained tongue-and-groove porch ceilings, and professionally designed landscaping further elevate the curb appeal. Inside, soaring 12-foot ceilings, smooth-finish walls, engineered white oak flooring throughout, and custom wood ceiling details establish a warm modern elegance. The open-concept living spaces are designed for seamless indoor-outdoor entertaining, anchored by a dramatic 100-inch three-sided fireplace and expansive 14-foot Western multi-slide glass doors opening to the covered lanai. The chef’s kitchen is both functional and stunning, featuring custom solid wood cabinetry, quartz countertops with full-height quartz backsplash, a 48” JennAir gas range, Venetian plaster hood, wine column refrigerator, under-cabinet lighting, and a fully equipped scullery complete with second dishwasher and refrigerator. Luxury conveniences continue throughout the home with dual laundry rooms, custom closet systems, pop-up charging outlets with wireless charging capability, glass cabinet lighting, floating shelf accent lighting, and a full wet bar upstairs. The main-level primary suite offers a true spa experience with heated bathroom floors, oversized custom shower, soaking tub, dual walk-in closets, and enhanced sound-dampening insulation for privacy and comfort. Upstairs, three additional ensuite bedrooms accompany a spacious loft and second covered lanai. Designed for modern living, the home includes a 400-amp electrical service, whole-home prewire for audio, video, ethernet, and security cameras, wired networking throughout, EV charging capability, Ring doorbell system, and low-voltage exterior and landscape lighting. Additional quality features include two tankless water heaters with recirculation system, dual 15-SEER HVAC systems, cast-iron plumbing downspouts for sound reduction, and well-fed irrigation. Outdoor living rivals a private resort, highlighted by a custom heated pool and spa with waterfall and fire features, expansive covered lanai, outdoor storage room, and a custom putting green with LED-lit cups. The oversized garage features high ceilings designed to accommodate an automotive stacking lift. Every detail of this exceptional residence has been carefully curated to deliver elevated design, superior craftsmanship, cutting-edge functionality, and effortless luxury living near the shores of Lake Norman.

Exterior Features:

Fire Pit, In-Ground Hot Tub / Spa, In-Ground Irrigation, Rooftop Terrace

Interior Features:

Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Drop Zone, Entrance Foyer, Garden Tub, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar

General Information:

List Price: $2,795,000
Status: For Sale
Bedrooms: 5
Type: Single Family Residence
Approx Sq. Ft.: 2547 sqft
Parking: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front
MLS Number: CAR4380480
Subdivision: Biscayne Park
Style: Modern, Transitional
Bathrooms: 6
Lot Description: Level, Views
Year Built: 2026
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Cornelius
Middle: Bailey
High: William Amos Hough

Price & Sales History

Date Event Price $/SQFT
06-10-2026 Listed $2,795,000 $1,098
10-21-2025 Price Decrease $345,000-1.43% $136
08-02-2025 Listed $350,000 $138

Nearby Schools

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

School Name Distance Grades Rating
Cornelius Elementary 3 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 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
20200 Rainbow Circle, Cornelius NC 0 mi $2,795,000 days
20139 Rainbow Circle, Cornelius NC 0 mi $1,800,000 days
20320 Havenview Drive, Cornelius NC 0.2 mi $3,099,000 days
20711 Bethel Church Road, Cornelius NC 0.3 mi $6,900,000 days
20410 Island Forest Drive, Cornelius NC 0.4 mi $3,895,000 days
21422 Bethel Church Road, Cornelius NC 0.4 mi $4,988,400 days
1 to 6 of 34 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

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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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    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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    Property Listing Information

    A Courtesy Listing Provided By Ivester Jackson Christie's

    20200 Rainbow Circle, Cornelius NC is a 2547 ft2 on a 0.632 acres lot. This is for $2,795,000. This has 5 bedrooms, 6 baths, and was built in 2026.

    Based on information submitted to the MLS GRID as of 2026-06-10 09:25:24 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.