446 Rainbow Circle
Lake Lure, NC 28746
Est. $6,069/mo20% down · 6.5% · 30-yrAdjust
- P&I$5,057
- Taxes$625
- Insurance$333
- PMI$0
- HOA$54
Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.
$248/Sq Ft
2 bd · 4 ba · 4,026 sqft · $248/sqft
Waterfront
HOA & Association
About This Home
Now offered at an incredible new price of $999,999! Nestled on the peaceful shores of Mirror Lake in Riverbend at Lake Lure, this expansive 4,000+ sq ft log cabin offers the perfect blend of relaxation, recreation, and proven income potential.
With five dedicated sleeping areas plus generous overflow space, it's ideal for large family retreats or high-performing vacation rental-having produced an impressive $171,000 in 2023. Wake up to serene lake views, spend your days fishing, swimming, kayaking or hiking right outside your door, and enjoy evenings exploring nearby Chimney Rock Village or the renowned Tryon Equestrian Center.
As Lake Lure and the surrounding Western North Carolina communities beautifully rebound and rebuild from Hurricane Helene, there has never been a better time to invest in this resilient premier destination. Whether you are seeking a lucrative investment opportunity or a personal vacation resort to gather and make lasting memories, this lakeside log home delivers an exceptional lifestyle at an unmatched value under the $1M mark.
PLEASE PROVIDE A PRE-QUALIFIED OR APPROVED LETTER OR PROOF OF FUNDS WHEN SCHEDULING SHOWING APPOINTMENTS TO LIST AGENT(S)
Property history
-
Sep 12, 2026Price reduced $999,999 ActiveWas $1,075,000
-
Jun 22, 2026Price reduced $1,075,000 ActiveWas $1,175,000
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May 21, 2026Price reduced $1,175,000 ActiveWas $1,200,000
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Mar 27, 2026Price reduced $1,200,000 ActiveWas $1,250,000
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Dec 12, 2025Listed for sale $999,999 Active283 days on market
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Nov 1, 2024Sold $1,059,500 ClosedListed $1,300,000 · May 21, 2024 164 days on market
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May 21, 2024Previously listed $1,300,000 Closed
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Nov 16, 2021Sold $750,000 ClosedListed $695,000 · Sep 28, 2021 49 days on market
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Sep 28, 2021Previously listed $695,000 Closed
Property Details
Interior Details
- Heating
- Heat Pump
- Flooring
- Carpet
- Tile
- Vinyl
- Wood
- Room Count
- 9
- Garage Sq Ft
- 583
- Half Bathrooms
- 0
- Unheated Sq Ft
- 794
- Total Bathrooms
- 4
- Laundry Features
- Laundry Room
- Main Level
- Main Level Sq Ft
- 2011
- Interior Features
- Built-in Features
- Garden Tub
- Hot Tub
- Open Floorplan
- Split Bedroom
- Storage
- Walk-In Closet(s)
- Upper Level Sq Ft
- 788
- Fireplace Features
- Gas Log
- Living Room
- Propane
- Recreation Room
- Basement Full Baths
- 1
- Main Level Bedrooms
- 2
- Unheated Main Sq Ft
- 668
- Unheated Upper Sq Ft
- 88
- Main Level Full Baths
- 2
- Main Level Half Baths
- 0
- Upper Level Full Baths
- 1
- Unheated Basement Sq Ft
- 38
Dwelling And Structure
- Construction Type
- Site Built
- Architectural Style
- Cabin
Square Footage And Levels
- Levels
- One and One Half
- Above Grade Finished Area
- 2799
- Below Grade Finished Area
- 1227
Parking And Garage
- Parking Features
- Driveway
- Attached Garage
Exterior Features
- Roof
- Architectural Shingle
- Construction Materials
- Log
- Patio And Porch Features
- Covered
- Deck
- Front Porch
- Porch
- Rear Porch
Lot And Land
- Lot Features
- Beach Front
- Private
- Views
- Waterfront
- Lot Size Acres
- 0.65
- Lot Size Units
- Acres
Basement And Foundation
- Basement
- Finished
- Interior Entry
- Storage Space
- Walk-Out Access
- Foundation Details
- Basement
Waterfront And View
- View
- Water
- Year Round
- Waterfront Features
- Beach - Public
- Boat Slip – Community
- Paddlesport Launch Site
Utilities
- Sewer
- Septic Installed
- Water Source
- Well
Financial Information
- Hoa Dues
- Mandatory
- City Taxes Paid To
- Lake Lure
Zoning And Restrictions
- Restrictions
- Architectural Review
- Building
- Livestock Restriction
- Short Term Rental Allowed
- Signage
- Square Feet
- Subdivision
- Subject To Ccrs
- Yes
Listed by Jenn Saltouros (847-338-3978) · Howard Hanna Beverly-Hanks, Lake Lure (828-436-5120)
Location
- Address
- 446 Rainbow Circle
- City
- Lake Lure, NC 28746
- Community
- Riverbend At Lake Lure
Schools
- Elementary
- Lake Lure Classical Academy
- Middle
- Lake Lure Classical Academy
- High
- Lake Lure Classical Academy
School assignments may change. Contact the school district to confirm.
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