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Active

1029 Rainbow Circle

Lake Lure, NC 28746

Active 385 days on market Listing ID CAR 285145257

$924,900
Est. $5,617/mo20% down · 6.5% · 30-yrAdjust
  • P&I$4,677
  • Taxes$578
  • Insurance$308
  • HOA$54

Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.

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$325/Sq Ft

4 bd · 3 ba · 2,847 sqft · $325/sqft

4 Beds
3 Baths
2,847 Sq Ft
$325/Sq Ft
2015 Built
.80 acres Single Family Residence Riverbend At Lake Lure Listed Sep 1, 2025 Updated Jul 31, 2026 HOA $650/yr

Waterfront

WaterLittle Mirror Lake

HOA & Association

Dues$650/yrMonthly≈ $54/mo

About This Home

Imagine waking up to breathtaking views of Little Mirror Lake from your very own log cabin retreat. Nestled in the coveted Riverbend at Lake Lure community, this stunning property is the perfect blend of rustic charm and modern comfort, and the seller is sweetening the deal with a $7,500 closing credit!

Step inside and be greeted by a dramatic 2-story great room, bathed in natural light from a wall of windows, anchored by a gorgeous riverstone gas fireplace. The open kitchen is ideal for gathering, while the main-level primary suite offers a peaceful escape after a day on the water. Upstairs, a lofted sitting area with stunning views connects two additional bedrooms and a full guest bath.

Head downstairs to the ultimate entertainment zone, complete with billiards and table tennis, a second primary suite with an en-suite bath, and convenient laundry facilities. Step outside to expansive decks on both levels, a tucked-away hot tub for starlit soaks, and a beautifully designed path leading to your private lakefront dock — complete with a water slide for endless summer fun!

Already an active short-term rental, this fully furnished, turnkey gem is ready to generate income or simply become your family's favourite getaway. Contact us today for a private showing!

Property history

  1. Jul 31, 2026
    Price reduced $924,900 Active
    Was $950,000
  2. Feb 28, 2026
    Status changed to Off Market $950,000 Off Market
    Hold -> Off Market
  3. Feb 28, 2026
    Status changed to Hold $950,000 Hold
    Active -> Hold
  4. Sep 1, 2025
    Listed for sale $924,900 Active
    385 days on market
  5. Dec 3, 2021
    Sold $775,000 Closed
    Listed $750,000 · Oct 9, 2021 55 days on market
    Previously sold for $775,000
  6. Oct 9, 2021
    Previously listed $750,000 Closed

Property Details

Interior Details

Heating
  • Heat Pump
Main Level Sq Ft
1139
Room Count
16
Upper Level Sq Ft
711
Main Level Bedrooms
1
Upper Level Bedrooms
2
Main Level Full Baths
1
Main Level Half Baths
1
Upper Level Full Baths
1
Half Bathrooms
2
Basement Bedrooms
1
Total Bathrooms
5
Basement Full Baths
1
Basement Half Baths
1
Laundry Features
  • In Basement
  • Lower Level
Unheated Sq Ft
141
Unheated Upper Sq Ft
38
Fireplace Features
  • Gas Log
  • Great Room
Unheated Basement Sq Ft
103
Second Living Quarters
  • Interior Connected
  • Separate Kitchen Facilities
  • Separate Living Quarters

Dwelling And Structure

Architectural Style
  • Cabin
Construction Type
Site Built

Square Footage And Levels

Levels
  • One and One Half
Above Grade Finished Area
1850
Below Grade Finished Area
997

Parking And Garage

Parking Features
  • Driveway

Exterior Features

Roof
  • Architectural Shingle
Exterior Features
  • Hot Tub
Construction Materials
  • Log
  • Wood
Patio And Porch Features
  • Balcony
  • Covered
  • Deck
  • Porch
  • Rear Porch
  • Wrap Around

Lot And Land

Lot Features
  • Sloped
  • Wooded
  • Views
  • Waterfront
Lot Size Acres
0.8
Lot Size Units
Acres

Basement And Foundation

Basement
  • Daylight
  • Finished
  • Walk-Out Access
Foundation Details
  • Basement

Waterfront And View

View
  • Water
Waterfront Features
  • Beach - Public
  • Paddlesport Launch Site - Community
  • Dock
  • Other - See Remarks

Utilities

Sewer
  • Septic Installed
Utilities
  • Electricity Connected
Water Source
  • Well

Financial Information

City Taxes Paid To
Lake Lure
Hoa Dues
Mandatory

Zoning And Restrictions

Zoning
Single Family RES
Subject To Ccrs
Yes
Restrictions
  • Architectural Review
  • Building
  • Livestock Restriction
  • Short Term Rental Allowed

Listed by Galen Walter (828-329-9213) · LPT Realty, LLC (877-366-2213)

Location

Address
1029 Rainbow Circle
City
Lake Lure, NC 28746
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Schools

Elementary
Pinnacle
Middle
R-S Middle
High
R-S Central

School assignments may change. Contact the school district to confirm.

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