359 Rainbow Lake Drive, Brevard NC

  • 4 Bed
  • 3 Bath
  • 1453 ft2
  • 1.4 ac

For Sale $567,000

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Remarks:

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.

General Information:

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

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

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

Nearby Schools

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.

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
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
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Sold Properties Nearby

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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 28712

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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 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. 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.