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$1,800,000 Just Listed
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Property Description
Experience classic lakefront living on Lake Norman at this charming waterfront retreat in the heart of Cornelius. Nestled on a beautiful half-acre lot with approximately 100+ feet of shoreline on a quiet cove, this property offers stunning water views, gentle access to the lake, and multiple outdoor living spaces designed to capture the beauty of lakeside living. The home features 3 bedrooms and 2 bathrooms with a comfortable, open layout ideal for both relaxing weekends and full-time lake living. Large windows throughout bring in natural light and frame gorgeous water views, while a sunroom and spacious deck provide the perfect setting for entertaining or enjoying peaceful sunsets over the lake. The primary suite features an updated bathroom, creating a private retreat after a day on the water. Step outside to your private lakeside oasis featuring a private pier and boat slip, ideal for boating, swimming, and enjoying everything Lake Norman has to offer. With a gentle slope to the shoreline, the lot is perfect for easy lake access and outdoor enjoyment. Investors and Builders, Check out this lot with several surrounding new constructions currently underway. Located just minutes from shopping, dining, and I-77, Birkdale, and downtown Cornelius, this property combines the tranquility of waterfront living with the convenience of nearby amenities.
Full Property Details
Full Property Details for 20139 Rainbow Cir
General
- Price: $1,800,000
- HOA FEE: $8/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4354765
- Updated: 3/7/2026
- Added to Site: 5 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Family Room, Family Room
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Main Level
Exterior
- Exterior Features: Fire Pit, Dock - Floating, Storage
Parking
- Parking Features: Driveway
Location
- County: Mecklenburg
- Subdivision: Biscayne
School Information
- Elementary School: Cornelius
- Middle School: Bailey
- High School: William Amos Hough
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Aluminum, Vinyl
- Roof: Aluminum
- Main/1st Level: 1,808 Sq. Ft.
- Year Built: 1986
Lot Features
- Street/Road Desc.: Gravel, Paved
- Lot Features: Wooded, Views, Waterfront
- Fencing (Description): Back Yard
Water Features
- Water Front Name: Lake Norman
Financial Considerations
- Association Fee: $100
- Assoc Fee Freq.: Annually
- Terms: Cash, Construction Perm Loan, Conventional, FHA
Disclosures and Reports
- Property ID: 170127
- Lot Number: 37300/163
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 20139 Rainbow Cir
School District:Charlotte-Mecklenburg Schools
| Name | Grades | Distance |
|---|---|---|
Cornelius Elementary 21126 Catawba Avenue, Cornelius, NC 28031 | K-5 | 2.5 mi |
Bailey Middle School 11900 Bailey Road, Cornelius, NC 28031 | 6-8 | 4.2 mi |
William Amos Hough High 12420 Bailey Road, Cornelius, NC 28031 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20139 Rainbow Cir
Date
Details
Price
Change
Source
3/02/2026
Listed
$1,800,000
33.33%
MLS
4/29/2022
Sold
$1,350,000
—
Public Record
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
Tax History for 20139 Rainbow Cir
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,447
-24%
$1,307,200
-1%
2023
$11,170
73%
$1,315,800
71%
2022
$6,453
—
$769,200
—
2021
$6,453
2%
$769,200
2%
2020
$6,344
-1%
$756,200
—
2019
$6,377
11%
$756,200
43%
2018
$5,740
1%
$529,800
—
2017
$5,697
—
$529,800
—
2016
$5,693
1%
$529,800
—
2015
$5,610
—
$529,800
—
2014
$5,608
—
$529,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20139 Rainbow Cir
20139 Rainbow Circle, Cornelius, NC 28031 (MLS# 4354765) is a Single Family property with 3 bedrooms and 2 full bathrooms. 20139 Rainbow Circle is currently listed for $1,800,000 and was received on March 02, 2026. Want to learn more about 20139 Rainbow Circle? Do you have questions about finding other Single Family real estate for sale in Cornelius? You can browse all Cornelius real estate or contact a Coldwell Banker agent to request more information.

