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$950,000
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Property Description
Stunning log cabin in Riverbend at Lake Lure offers mountain vibes and breathtaking views of Little Mirror Lake. The main level features a sunny 2 story great room with a wall of windows, soaring riverstone gas fireplace, large open kitchen, primary bedroom suite with full bath, and a 1/2 bath in the common area. Upstairs, includes a lofted sitting area with views, 2 bedrooms and full guest bath. The lower level offers a large open entertainment space with table tennis and billiards, second primary bedroom w/ en-suite, a communal 1/2 bathroom and laundry. Both levels offer seamless indoor/outdoor living with expansive decks, a discreetly placed hot tub for ultimate relaxation and thoughtfully designed spaces leading to the lakefront, with private dock and water slide! Active short term rental and turnkey opportunity! Fully furnished and ready for your next adventure with acceptable offer. Material fact sheet is available, Contact for a private showing today!
Full Property Details
Full Property Details for 1029 Rainbow Cir
General
- Price: $950,000
- HOA FEE: $54/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4294592
- Updated: 12/3/2025
- Added to Site: 136 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Gas Log, Great Room, Gas Log, Great Room
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator with Ice Maker
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 3
- Half Bathrooms: 2
- Upper - Full Baths: 1
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
- Basement Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms-B: 1
- Bedrooms Upper: 2
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: In Basement, Lower Level
Additional Information
- Shared Amenities: Lake Access, Pond, Recreation Area, Walking Trails
- Equipment: Fuel Tank(s)
Exterior
- Exterior Features: Hot Tub
Parking
- Parking Features: Driveway
Location
- County: Rutherford
- Subdivision: Riverbend at Lake Lure
- Driving Directions: Do not enter property address into GPS, it may direct you to the unmanned gate, which allows everyone to exit but only residents with clickers to enter. To avoid this, use the following address instead: 117 Rainbow Cir, Lake Lure, NC 28746. This property is located behind the main gate. Agents should proceed to the main gate first and then continue to 1029 Rainbow.
School Information
- Elementary School: Pinnacle
- Middle School: R-S Middle
- High School: R-S Central
Community
- Assoc. Name: Town & Country Management
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Electricity Connected
Structural Information
- Architectural Style: Cabin
- Construction: Site Built
- Exterior Const.: Log, Wood
- Basement: Yes
- Basement Desc.: Daylight, Finished, Walk-Out Access
- Roof: Architectural Shingle
- Upper: 711 Sq. Ft.
- Main/1st Level: 1,139 Sq. Ft.
- Year Built: 2015
Lot Features
- Street/Road Desc.: Concrete, Paved
- Elevation (Approx.): 1500
- Lot Features: Sloped, Wooded, Views, Waterfront
Water Features
- Water Front Name: Little Mirror Lake
Financial Considerations
- Association Fee: $650
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, Other - See Remarks
Disclosures and Reports
- Special Conditions: Undisclosed, None
- Restrictions: Architectural Review, Building, Livestock Restriction, Short Term Rental Allowed
- Property ID: 1611740
- Plat: 10/79
- Lot Number: 2054-2585
Listed by LPT Realty, LLC
Get Pre-Approved Today
Schools
Schools serving 1029 Rainbow Cir
School District:Rutherford County Schools
| Name | Grades | Distance |
|---|---|---|
Pinnacle Elementary School 1204 Painters Gap Road, Rutherfordton, NC 28139 | PK-5 | 9.7 mi |
R-S Middle School 607 Westbrook Drive, Rutherfordton, NC 28139 | 6-8 | 11.8 mi |
R-S Central High School 641 U.S. 221, Rutherfordton, NC 28139 | 9-12 | 11.9 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 1029 Rainbow Cir
Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$950,000
-5%
MLS
9/01/2025
Listed
$1,000,000
29.03%
MLS
12/01/2021
Sold
$775,000
—
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 1029 Rainbow Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,766
45%
$655,100
—
2021
$2,605
898%
$655,100
44%
2022
$261
—
$454,800
17%
2021
$261
-90%
$389,400
—
2019
$2,597
9%
$389,400
11%
2018
$2,380
1%
$351,500
—
2017
$2,345
—
$351,500
—
2016
$2,345
729%
$351,500
727%
2015
$283
—
$42,500
—
2014
$283
—
$42,500
—
2013
$283
—
$42,500
—
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 1029 Rainbow Cir
1029 Rainbow Circle, Lake Lure, NC 28746 (MLS# 4294592) is a Single Family property with 4 bedrooms, 3 full bathrooms and 2 partial bathrooms. 1029 Rainbow Circle is currently listed for $950,000 and was received on September 01, 2025. Want to learn more about 1029 Rainbow Circle? Do you have questions about finding other Single Family real estate for sale in Lake Lure? You can browse all Lake Lure real estate or contact a Coldwell Banker agent to request more information.

