50 Rainbow Ridge Road, Swannanoa NC
- 2 Bed
- 2 Bath
- 1157 ft2
- 1.6 ac
For Sale $535,000
Remarks:
Peaceful retreat ideally located between Asheville and Black Mountain, just steps from the hiking trails of Warren Wilson College. This well-maintained home sits on 1.5+ wooded acres with mountain and sunrise views through the trees. The open main level features a sunroom, custom woodwork, and an updated kitchen and bath. Finished basement offers flexible space with a separate bath, kitchenette, and second sunroom—ideal for guests or rental potential (previous Airbnb use). Enjoy lush landscaping with Japanese maples, dogwoods, azaleas, and rhododendron, plus space to garden and berry bushes in a private, quiet setting. Solar panels, mini-splits, 2019-warrantied roof, updated systems, a two-car garage, and ample parking and storage complete this private mountain refuge.
Exterior Features:
Storage
Interior Features:
Breakfast Bar, Built-in Features, Open Floorplan, Storage
General Information:
| List Price: | $535,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1157 sqft |
| Parking: | Driveway, Attached Garage, Garage Door Opener, Garage Faces Side |
| MLS Number: | CAR4368868 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Lot Description: | Green Area, Level, Private, Wooded |
| Year Built: | 1956 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | WD Williams |
| Middle: | Charles D Owen |
| High: | Charles D Owen |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 04-10-2026 | Listed | $698,000 | $604 |
| 10-23-2025 | Price Decrease | $335,000-2.90% | $290 |
| 08-16-2025 | Price Decrease | $345,000-2.82% | $299 |
| 07-13-2025 | Price Decrease | $355,000-2.74% | $307 |
| 06-14-2025 | Listed | $365,000 | $316 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| ArtSpace Charter School | 2 miles | KG-06 | 8 |
| Evergreen Community Charter | 4 miles | KG-06 | 8 |
| Charles C Bell Elementary | 4 miles | KG-05 | 8 |
| Haw Creek Elementary | 4 miles | KG-05 | 7 |
| Oakley Elementary | 6 miles | KG-05 | 4 |
| Ira B Jones Elementary | 6 miles | PK-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 |
| 50 Rainbow Ridge Road, Swannanoa NC | 0 mi | $535,000 | days | |
| 122 Outlook Circle, Swannanoa NC | 0.5 mi | $485,000 | days | |
| 55 Outlook Circle, Swannanoa NC | 0.5 mi | $499,000 | days | |
| 81 Outlook Circle, Swannanoa NC | 0.5 mi | $459,500 | days | |
| 93 Outlook Circle, Swannanoa NC | 0.5 mi | $439,000 | days | |
| 110 Dillingham Circle, Asheville NC | 0.8 mi | $415,000 | 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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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28778
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Occupancy Types |
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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 Mosaic Community Lifestyle Realty
50 Rainbow Ridge Road, Swannanoa NC is a 1157 ft2 on a 1.560 acres lot. This is for $535,000. This has 2 bedrooms, 2 baths, and was built in 1956.
Based on information submitted to the MLS GRID as of 2026-05-12 09:21:19 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.
