20200 Rainbow Circle, Cornelius NC

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

For Sale $2,699,000

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Remarks:

A rare opportunity to own a brand-new luxury residence by Lagniappe Homes in one of Cornelius' most desirable locations. Situated directly across from Lake Norman with beautiful water views and lake access, this custom-designed West Indies-inspired home blends timeless architecture with modern luxury just minutes from restaurants, marinas, shopping, and everything the Lake Norman lifestyle has to offer. Designed for effortless everyday living and exceptional entertaining, the 4,845-square-foot floor plan features soaring 12-foot ceilings, engineered white oak flooring, smooth-finish walls, custom wood ceiling details, and expansive 14-foot Western multi-slide glass doors that seamlessly connect the indoor living spaces to the covered outdoor lanai. At the heart of the home, the designer kitchen combines striking style with exceptional functionality. Custom solid wood cabinetry, quartz countertops with a full-height backsplash, a 48-inch JennAir gas range, Venetian plaster hood, wine column refrigerator, under-cabinet lighting, and a fully equipped scullery with a second dishwasher and refrigerator create a space equally suited for entertaining and everyday living. The main-level owner's retreat offers a true spa-inspired experience with heated tile floors, an oversized walk-in shower, soaking tub, dual custom walk-in closets, and upgraded sound insulation for enhanced privacy. Upstairs, three additional ensuite bedrooms, a spacious loft, full wet bar, and a second covered terrace provide flexible living space for family and guests. Built with craftsmanship that extends far beyond what is immediately visible, the home features a full stucco exterior, aluminum-clad bronze windows, standing seam metal roof accents, custom wood garage doors, a mahogany entry door with beveled Flemish glass, 400-amp electrical service, whole-home audio, video, ethernet and security prewiring, EV charging capability, Ring doorbell system, wired networking, dual tankless water heaters with recirculation, dual 15-SEER HVAC systems, cast-iron plumbing downspouts for sound reduction, low-voltage landscape lighting, and well-fed irrigation. Outside, the private backyard has been thoughtfully designed as a resort-style retreat. Enjoy a custom heated pool and spa with waterfall and fire features, a spacious covered lanai, outdoor storage room, and a professionally designed putting green with LED-lit cups. The oversized garage features extra-high ceilings designed to accommodate an automotive stacking lift. Every element of this custom residence reflects Lagniappe Homes' commitment to exceptional design, thoughtful functionality, and enduring quality—offering a rare combination of new construction, luxury finishes, water views, lake access, and an unbeatable Cornelius location.

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: $2,699,000
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
07-22-2026 Under Contract $2,699,000-3.43% $1,060
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 $2,699,000 days
20118 Rainbow Circle, Cornelius NC 0 mi $650,000 days
20139 Rainbow Circle, Cornelius NC 0 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 58 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 $2,699,000. 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.