For Sale $567,000
This beautifully remodeled mid-century retreat is hidden at the end Rainbow Lake. Think of floor to ceiling windows bathing the main floor in natural light, eco friendly engineered bamboo floors and a wood burning stove warming the winter (serviced in Feb 2026). All three bathrooms and four bedrooms, including the master ensuite, have been remodeled. Maybe you can turn one room into your office? Did you see the freestanding claw foot bathtub? New kitchen and appliances. Every window has been replaced with Pella (even the front door). For your toys or hobbies you won't find better space: a 30' x 40' free standing pole barn, with light and power. Plus, a downstairs garage and hobby room, insulated and wired to support everything from an electric vehicle to a welding machine. Updates in the last 5 years include a new dual fuel furnace and upstairs mini split. New roof in 2021. All new ceiling fans with remote controls. 6 inch gutters and downspouts, LED lighting and Lutron smart lights that are controllable from phone, new kitchen appliances, electrical upgraded to 220 volts in both garage and carport, ultra wide entry steps with large decks in front and back of house. Start your day with coffee on the back deck, see the sun filter its way through the forest trees. After work, sit on the front porch and watch the orange sunsets. Finish your evening on the screen porch and enjoy the gentle breeze.
| List Price: | $567,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1453 sqft |
| Parking: | Detached Carport, Circular Driveway, Attached Garage |
| MLS Number: | CAR4364404 |
| Subdivision: | Rainbow Lake |
| Bathrooms: | 3 |
| Year Built: | 1972 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 01-14-2026 | Price Increase | $1,150,000+21.07% | $792 |
| 09-09-2025 | Price Decrease | $949,900-13.65% | $654 |
| 07-30-2025 | Price Decrease | $1,099,999-18.52% | $758 |
| 07-10-2025 | Listed | $1,350,000 | $930 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Rosman Elementary | 4 miles | KG-05 | 8 |
| T C Henderson Elementary | 7 miles | KG-05 | 9 |
| Pisgah Forest Elementary | 9 miles | KG-05 | 8 |
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 |
| 359 Rainbow Lake Drive, Brevard NC | 0 mi | $567,000 | days | |
| 118 Blossom Road, Brevard NC | 0.6 mi | $225,000 | days | |
| 177 Country Road, Brevard NC | 0.8 mi | $475,000 | days | |
| 38 Renea Drive, Brevard NC | 0.8 mi | $314,000 | days | |
| 875 Carson Creek Road, Brevard NC | 0.9 mi | $290,000 | days | |
| 923 Ugugu Drive, Brevard NC | 0.9 mi | $1,075,000 | 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 Looking Glass Realty
359 Rainbow Lake Drive, Brevard NC is a 1453 ft2 on a 1.400 acres Appraisal lot. This is for $567,000. This has 4 bedrooms, 3 baths, and was built in 1972.
Based on information submitted to the MLS GRID as of 2026-05-26 10:56:18 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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