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446 Rainbow Circle, Lake Lure, NC 28746
$1,300,000
446 Rainbow Circle, Lake Lure, NC 28746View this property at 446 Rainbow Circle, Lake Lure, NC 28746
446 Rainbow CircleLake LureNC28746
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Property Description
Lake Lure NC-----4800 sq ft lakefront home on Mirror Lake in Riverbend at Lake Lure. A real money maker for short term vacation rentals, grossing $171,000 in 2023.This large log cabin with its indoor pool is very popular with renters as it affords lakefront amenities and indoor amenities with plenty of activities to keep everyone happy, including; fishing, swimming, boating, hiking and so much more. Current sleeping arrangement is 5 bedrooms with lots of overflow space. Offered at $1,300,000. OBO
Full Property Details
Full Property Details for 446 Rainbow Cir
General
- Price: $1,300,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- MLS ID: 4141114
- Updated: 5/21/2024
- Added to Site: 13 day(s) ago
Interior
- Interior Features: Built-in Features, Garden Tub, Open Floorplan, Split Bedroom, Storage, Walk-In Closet(s), Other - See Remarks
- Fireplace: Yes
- Fireplace(s): Gas Log, Living Room, Propane, Recreation Room, Gas Log, Living Room, Propane, Recreation Room
- Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/Dryer
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Upper - Full Baths: 1
- Main - Full Baths: 2
- Basement Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Laundry Room, Main Level
Additional Information
- Equipment: Fuel Tank(s)
Exterior
- Exterior Features: Hot Tub
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Basement, Driveway, Attached Garage
Location
- County: Rutherford
- Subdivision: Riverbend at Lake Lure
- Driving Directions: Enter Riverbend at main gate and proceed on Rainbow Circle to Mirror Lake to 2nd lakefront home on the right, just past the beach area on Rainbow Circle.
Community
- Assoc. Name: Town & Country
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Installed
- Water: Well
Structural Information
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Log
- Basement: Yes
- Basement Desc.: Exterior Entry, Finished, Interior Entry
- Roof: Shingle
- Upper: 779 Sq. Ft.
- Main/1st Level: 2,933 Sq. Ft.
- Year Built: 2000
Lot Features
- Street/Road Desc.: Asphalt, Gravel
- Lot Features: Sloped, Views, Waterfront, Wooded
Water Features
- Water Front Name: Big Mirror Lake
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, Exchange
Disclosures and Reports
- Property ID: 1611751
- Lot Number: 2053/4187
Listed by Caulder Realty & Land Co.
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Schools
Schools serving 446 Rainbow Cir
School District:Rutherford County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1204 Painters Gap Rd, Rutherfordton, NC 28139 | PK-5 | 9.6 mi | |
545 Charlotte Rd, Rutherfordton, NC 28139 | 6-8 | 13.6 mi | |
641 Us 221 Hwy N, Rutherfordton, NC 28139 | 9-12 | 11.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 446 Rainbow Cir
Date
Details
Price
Change
Source
5/21/2024
Listed
$1,300,000
73.33%
MLS
11/13/2021
Sold
$750,000
—
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 446 Rainbow Cir
Year
Property Taxes
Change
Tax Assessment
Change
2021
$3,650
—
$837,300
52%
2022
$3,650
—
$551,800
1%
2021
$3,650
—
$546,000
—
2019
$3,642
11%
$546,000
12%
2018
$3,294
2%
$486,500
—
2017
$3,245
—
$486,500
—
2015
$3,245
—
$486,500
—
2014
$3,245
—
$486,500
—
2013
$3,245
—
$486,500
—
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 446 Rainbow Cir
446 Rainbow Circle, Lake Lure, NC 28746 (MLS# 4141114) is a Single Family property with 2 bedrooms and 4 full bathrooms. 446 Rainbow Circle is currently listed for $1,300,000 and was received on May 21, 2024. Want to learn more about 446 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.