220 Rainbow Terrace, Black Mountain NC
- 2 Bed
- 3 Bath
- 640 ft2
- 0.0 ac
For Sale $415,000
Remarks:
Welcome to your end unit townhouse in Black Mountain right on the Rainbow Trail to Montreat! No rental restrictions! This breathtaking space boasts beautiful oak hardwood floors and soaring 9’ ceilings, creating a bright and welcoming atmosphere. Chef's kitchen featuring generous 42” upper cabinets, soft-close drawers and doors, exquisite granite countertops, and modern stainless steel appliances. Private deck right off the living room—perfect for relaxing evenings or morning coffee. This unique unit has two master suites, each with spacious walk-in closets and en-suite bathrooms, ensuring your utmost privacy and comfort. One suite is oversized with room for sitting area or bunks. Could be spilt into 2nd and 3rd bedrooms with the straight forward addition of a wall. Both rooms have expansive seasonal mountain views. You'll love the convenience of a single-car garage with ample storage space & walk-in height crawl space under unit. 1.3 miles to the center of Black Mountain & Montreat.
Interior Features:
Breakfast Bar, Entrance Foyer, Walk-In Closet(s)
General Information:
| List Price: | $415,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Townhouse |
| Approx Sq. Ft.: | 640 sqft |
| Parking: | Driveway, Attached Garage |
| MLS Number: | CAR4264765 |
| Subdivision: | Cottonwood |
| Style: | Contemporary |
| Bathrooms: | 3 |
| Lot Description: | Level, Sloped |
| Year Built: | 2018 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Black Mountain |
| Middle: | Charles D Owen |
| High: | Charles D Owen |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-23-2025 | Price Decrease | $415,000-6.32% | $649 |
| 07-29-2025 | Listed | $443,000 | $693 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| ArtSpace Charter School | 7 miles | KG-06 | 8 |
| Fairview Elementary | 9 miles | KG-05 | 7 |
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 |
| 220 Rainbow Terrace, Black Mountain NC | 0 mi | $415,000 | days | |
| 1006 Padgett Place, Black Mountain NC | 0.1 mi | $389,000 | days | |
| 1102 Blueview Drive, Black Mountain NC | 0.1 mi | $579,900 | days | |
| 1023 Padgett Place, Black Mountain NC | 0.2 mi | $399,900 | days | |
| 570 Brandon Road, Black Mountain NC | 0.2 mi | $1,125,000 | days | |
| 1205 Seven Sisters Lane, Black Mountain NC | 0.2 mi | $489,000 | 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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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28711
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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 Noble & Company Realty
220 Rainbow Terrace, Black Mountain NC is a 640 ft2 on a 0.040 acres lot. This is for $415,000. This has 2 bedrooms, 3 baths, and was built in 2018.
Based on information submitted to the MLS GRID as of 2025-07-29 09:50:05 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.
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