For Sale $259,000
(PRICED TO SELL) - Contact your Agent for FULL Details and Showings - (Home Appraised at 330k Last Year) Completely Renovated Mountain High Retreat! Located less than 15 mins to Chimney Rock (Set to Re-Open this Summer), Less than 20mins to Lake Lure, 30 Mins to Downtown Black Mountain and Hendersonville and 45 Minutes to Asheville and the Historic Biltmore Estate. You won't be disappointed as you enter the doors of this completely renovated designer finished modern rustic cottage. Situated at elevation highs of 3200 feet you will love soaking in the Hot Tub in the evenings under the open skies and gazing at the stars. Turn the Key and Start Enjoying!
| List Price: | $259,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 592 sqft |
| Parking: | Circular Driveway |
| MLS Number: | CAR4228159 |
| Subdivision: | Rainbow Lake |
| Bathrooms: | 1 |
| Year Built: | 1965 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 06-16-2025 | Listed | $259,000 | $438 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Lake Lure Classical Academy | 6 miles | KG-06 | 4 |
| Fairview Elementary | 9 miles | KG-05 | 7 |
| Edneyville Elementary | 10 miles | KG-05 | 4 |
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.
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 |
| 30 Rainbow Lake Circle, Black Mountain NC | 0 mi | $259,000 | days | |
| 34 Rainbow Lake Circle, Black Mountain NC | 0 mi | $325,000 | days | |
| 630 Shumont Road, Black Mountain NC | 0.2 mi | $474,900 | days | |
| 685 Shumont Road, Black Mountain NC | 0.2 mi | $195,000 | days | |
| 107 Fawns Rest None, Black Mountain NC | 0.5 mi | $1,500,000 | days | |
| 787 Shumont Road, Black Mountain NC | 0.5 mi | $485,000 | days |
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 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Maddalone Real Estate LLC
30 Rainbow Lake Circle, Black Mountain NC is a 592 ft2 on a 0.410 acres Appraisal lot. This is for $259,000. This has 2 bedrooms, 1 baths, and was built in 1965.
Based on information submitted to the MLS GRID as of 2025-06-16 09:55:58 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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