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$415,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • Updated 3 days ago
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Beautifully updated home offering the perfect blend of comfort and mountain living! Features include an updated kitchen and bathroom, plus a welcoming living room with a wood-burning stove. Outdoors, you'll find a new deck, inviting outdoor living space with a fire pit, and room for gardening, all surrounded by a peaceful wooded setting. Located outside the flood zone, this property offers privacy while remaining just minutes from downtown Brevard. Outdoor enthusiasts will love the location along one of the area's premier road cycling routes, including the renowned Walnut Hollow climb, with easy access to world-class mountain biking and hiking in Pisgah National Forest and DuPont State Recreational Forest. Excellent trout fishing is also close by, with the East Fork of the French Broad River just across the road and easy access to other nearby rivers and streams, including the Davidson River. Whether you're looking for a full-time residence or a mountain retreat, this home is an ideal base for enjoying the best of Western North Carolina.

Full Property Details for 185 Rainbow Lake Dr

General

  • Price: $415,000
  • Status: Active
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4415603
  • Updated: 8/18/2026
  • Added to Site: 5 day(s) ago

Interior

  • Fireplace: Yes
  • Fireplace(s): Great Room, Great Room
  • Appliances: Other
  • Flooring: Concrete, Stone, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main - Full Baths: 1
  • Basement Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms-B: 2
  • Bedrooms Main & Up: 1

Other Rooms

  • Laundry: In Basement

Parking

  • Parking Features: Driveway

Location

  • County: Transylvania
  • Subdivision: East Fork
  • Driving Directions: Take US-64 West (Rosman Highway) toward Rosman. Turn Left onto Island Ford Road. Turn Right onto Walnut Hollow Road. Continue on Walnut Hollow. It eventually continues onto East Form Road. Turn Left onto Rainbow Lake Drive. Stay to the left at the fork and turn left into the driveway.

School Information

  • Elementary School: Brevard
  • Middle School: Brevard
  • High School: Brevard

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Heat Pump

Utilities

  • Sewer: Septic Installed
  • Water: Well

Structural Information

  • Construction: Site Built
  • Exterior Const.: Log
  • Basement: Yes
  • Main/1st Level: 808 Sq. Ft.
  • Year Built: 1974

Lot Features

  • Street/Road Desc.: Gravel

Disclosures and Reports

  • Property ID: 8572-34-0521-000
  • Lot Number: 842-58

Listed by Howard Hanna Beverly-Hanks Brevard Downtown

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Listing agent

— 185 Rainbow Lake Dr —

  • Howard Hanna Beverly-Hanks Brevard Downtown

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 185 Rainbow Lake Dr

School District:Transylvania County Schools
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 185 Rainbow Lake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/17/2026
Listed
$415,000
159.38%
MLS
5/14/2018
Sold
$160,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 185 Rainbow Lake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,362
51%
$283,500
106%
2023
$904
1%
$137,300
—
2021
$897
-1%
$137,300
—
2022
$904
1%
$137,300
—
2021
$897
-1%
$137,280
5%
2019
$902
16%
$130,530
—
2018
$776
1%
$130,530
—
2017
$767
2%
$130,530
—
2016
$755
5%
$130,530
-6%
2015
$716
5%
$138,910
—
2013
$683
—
$138,910
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Howard Hanna Beverly-Hanks Brevard Downtown

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185 Rainbow Lake Drive, Brevard, NC 28712 (MLS# 4415603) is a Single Family property with 3 bedrooms and 2 full bathrooms. 185 Rainbow Lake Drive is currently listed for $415,000 and was received on August 17, 2026. Want to learn more about 185 Rainbow Lake Drive? Do you have questions about finding other Single Family real estate for sale in Brevard? You can browse all Brevard real estate or contact a Coldwell Banker agent to request more information.

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