Properties

Property Description

Discover this exceptional fully furnished Blue Ridge retreat in a secluded mountain setting fused with the appeal of an active vacation rental. Nestled among mature woodlands in Black Mountain, this distinctive property presents an attractive blend of personal enjoyment, existing rental activity, and future income potential. For the investor seeking a desirable hospitality asset or the buyer envisioning a private mountain escape, this offering delivers versatility with lasting appeal. A welcoming covered porch sets the tone for a memorable mountain experience, inviting guests and owners alike to enjoy misty mornings, changing foliage, and evenings immersed in the tranquility of the mountains. Inside, the well appointed and functional main Great Room creates an inviting atmosphere for holiday gatherings and intimate occasions, with a fireplace adding warmth and character to the experience. The full basement offers opportunity to expand heated living area, accommodate additional guests, or introduce amenities that further enhance rental performance. Whether as a personal residence, multigenerational haven or income-producing getaway, this property represents an opportunity to combine mountain ownership with investment potential in one of Western North Carolina’s most desired destinations.

Features
Heating System:
Heat Pump
Cooling System:
Heat Pump
Basement:
Unfinished
Fireplace:
Gas, Propane
Patio:
Covered, Deck, Wrap Around
Parking:
Driveway, Attached Garage, Basement
Architectural Style:
Ranch, Contemporary
Exterior Features:
Hot Tub
Flooring:
Laminate
Laundry Features:
Laundry Room, Washer Hookup, Main Level
Sewer:
Septic Installed
Utilities:
Electricity Connected, Propane
Appliances
Appliances:
Refrigerator, Electric Oven, Dishwasher, Gas Cooktop, Gas Water Heater, Tankless Water Heater
Address Map
Country:
US
State:
NC
County:
Buncombe
City:
Black Mountain
Street:
Rainbow Lake
Zipcode:
28711
Street:
Rainbow Lake
Street Number:
48
Street Suffix:
Circle
Longitude:
W83° 44' 46''
Latitude:
N35° 28' 50.9''
Directions:
See GPS via Morgan Hill Rd. US 74 ALT E to slight left on Village Rd. L onto Garren Creek Rd then R onto Morgan Hill Rd to NC 9S. L onto Shumont Rd to second L onto Rainbow Lake Circle. Pass mailboxes, turn immediately left. Property is on right.
Zoning:
OU
Neighborhood
Elementary School:
Black Mountain
High School:
Charles D Owen
Middle School:
Charles D Owen
MLS Addon
Office Name:
EXP Realty LLC
Agent Name:
Lisa Yoli
TaxAnnualAmount:
$0
TaxAssessedValue:
$0
AssociationFee:
$0
Additional Information
Construction Materials:
Vinyl
Foundation Details:
Basement
Garage:
2
Levels:
One
Lot Features:
Wooded, Views
Water Source:
Well
Listing Information
List Agent Mls Id:
lgyoli
List Office Mls Id:
372903
Listing Term:
Cash,Conventional
Mls Status:
Active
Modification Timestamp:
2026-11-05T19:19:09Z
Originating System Name:
Canopy
Special Listing Conditions:
None
Status Change Timestamp:
2026-11-04T21:32:32Z

Residential For Sale

48 Rainbow Lake Circle, Black Mountain, North Carolina 28711

3 Bedrooms
2 Bathrooms
1,808 Sqft
$725,000
Listing ID #4430519
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Listing ID :
4430519
Price :
$725,000
Bedrooms :
3
Bathrooms :
2
Square Footage :
1,808 Sqft
Year Built :
2023
Status :
Active
Full Bathrooms :
2
Property Sub Type :
Single Family Residence
Roof:
Architectural Shingle
Agent info
Contact Agent
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