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$392,000
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Property Description
This beautiful and immaculately maintained home is located approximately 7 miles from Lake Lure. This secluded property is centrally located and offers easy access to many points of interest in Western North Carolina. I listed Lake Lure Classical Academy for the school, but Rutherfordton schools may also be an option. The home boasts a large kitchen with island and lots of cabinet space, propane gas stove, and nice dining area. Living room has gas log fireplace. The 30 X 30 metal building has electricity and propane monitor heater, separate room for office. Great opportunity to have home-based business. The park like setting of the 3.22 acres provides ample parking space and there is an RV hook up next to the garage. This home is being sold furnished, except for the seller's personal items. All furniture and window treatments convey, and all appliances convey. The propane tank for the cooking stove is leased. The propane tank for the garage heater is owned and stays. NO HOA!
Full Property Details
Full Property Details for 251 Rainbow Rapids Rd
General
- Price: $392,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4161687
- Updated: 1/14/2026
- Added to Site: 549 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Gas, Gas Log, Gas Vented, Living Room, Propane, Gas, Gas Log, Gas Vented, Living Room, Propane
- Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Washer, Washer/Dryer
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Additional Information
- Equipment: Fuel Tank - Leased, Fuel Tank - Owned, Generator, Other - See Remarks
Exterior
- Exterior Features: Fire Pit
Parking
- Garage: Yes
- Garage Description: 924 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Circular Driveway, Driveway, Detached Garage, Garage Shop, RV Access/Parking
Location
- County: Rutherford
- Driving Directions: From Lake Lure, take 64/74 east toward Rutherfordton, left on McEntire Road, immediate left onto Rainbow Rapids Road, house is on the left. Address is well marked. GPS will recognize address. Sign on property.
School Information
- Elementary School: Lake Lure Classical Academy
- Middle School: Lake Lure Classical Academy
- High School: Lake Lure Classical Academy
Heating & Cooling
- Cooling Type: Central Air, Electric, Heat Pump
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Cable Available, Electricity Connected, Propane
Structural Information
- Architectural Style: Ranch
- Construction: Manufactured
- Exterior Const.: Vinyl
- Roof: Asbestos Shingle
- Main/1st Level: 1,568 Sq. Ft.
- Year Built: 1997
Lot Features
- Street/Road Desc.: Gravel, Paved
- Elevation (Approx.): 1000
- Fencing (Description): Partial
Financial Considerations
- Terms: Conventional
Disclosures and Reports
- Restrictions: Livestock Restriction, Manufactured Home Allowed
- Property ID: 1625099
- Lot Number: 2032/506
Listed by Dot Jarrett Realty
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Schools
Schools serving 251 Rainbow Rapids Rd
School District:Rutherford County Schools
| Name | Grades | Distance |
|---|---|---|
Pinnacle Elementary School 1204 Painters Gap Road, Rutherfordton, NC 28139 | PK-5 | 5.2 mi |
R-S Middle School 607 Westbrook Drive, Rutherfordton, NC 28139 | 6-8 | 7.1 mi |
R-S Central High School 641 U.S. 221, Rutherfordton, NC 28139 | 9-12 | 7.1 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 251 Rainbow Rapids Rd
Date
Details
Price
Change
Source
8/28/2025
Price Reduced
$392,000
-1.26%
MLS
10/04/2024
Price Reduced
$397,000
-4.34%
MLS
7/16/2024
Listed
$415,000
361.11%
MLS
4/26/2012
Sold
$90,000
—
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 251 Rainbow Rapids Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$669
37%
$169,400
—
2021
$490
—
$169,400
134%
2022
$490
—
$72,300
—
2021
$490
2%
$72,300
—
2019
$482
-26%
$72,300
-25%
2018
$651
—
$96,200
—
2017
$651
—
$96,200
—
2016
$651
3%
$96,200
3%
2015
$634
—
$93,700
—
2014
$634
—
$93,700
—
2013
$634
—
$93,700
—
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 251 Rainbow Rapids Rd
251 Rainbow Rapids Road, Rutherfordton, NC 28139 (MLS# 4161687) is a Single Family property with 3 bedrooms and 2 full bathrooms. 251 Rainbow Rapids Road is currently listed for $392,000 and was received on July 16, 2024. Want to learn more about 251 Rainbow Rapids Road? Do you have questions about finding other Single Family real estate for sale in Rutherfordton? You can browse all Rutherfordton real estate or contact a Coldwell Banker agent to request more information.

