446 Rainbow Circle, Lake Lure, NC 28746 | MLS #4329163 | Ivester Jackson Blackstream

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Listing provided courtesy of Howard Hanna Beverly-Hanks, Lake LureMLS# 4329163MLS ProviderContact Information: [email protected]
  • 199 days on site
  • 0 views

Now offered at an incredible new price of $1,075,000! Nestled on the peaceful shores of Mirror Lake in Riverbend at Lake Lure, this expansive 4,000+ sq ft log cabin offers the perfect blend of relaxation, recreation, and proven income potential.With five dedicated sleeping areas plus generous overflow space, it’s ideal for large family retreats or a high-performing vacation rental—having produced an impressive $171,000 in 2023. Wake up to serene lake views, spend your days fishing, swimming, kayaking, or hiking right outside your door, and enjoy evenings exploring nearby Chimney Rock Village or the renowned Tryon Equestrian Center.As Lake Lure and the surrounding Western North Carolina communities beautifully rebound and rebuild from Hurricane Helene, there has never been a better time to invest in this resilient premier destination. Whether you are seeking a lucrative investment opportunity or a personal vacation resort to gather and make lasting memories, this lakeside log home delivers an exceptional lifestyle at an unmatched value.

Source: Canopy MLS, MLS#: 4329163

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  • Property Type
    Residential

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  • Median Age
    59
  • Population Density
    53
  • College Educated
    58%
  • Estimated Median Income
    $55,875
  • Estimated Total Home Owners
    981
  • Estimated Total Renters
    206
  • Owner / Renter Divide
    83% / 17%
  • Estimated Average Household Size
    2
  • Total Population
    2,575
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 446 Rainbow Circle

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/22/2026Source: Canopy MLS Price Reduction
$1,075,000 -8.5%
5/21/2026Source: Canopy MLS Price Reduction
$1,175,000 -2.1%
3/27/2026Source: Canopy MLS Price Reduction
$1,200,000 -4.0%
12/12/2025Source: Canopy MLS Added to Database
December 12, 2025
11/4/2024Source: Canopy MLS Status Change
Closed
8/28/2024Source: Canopy MLS Status Change
Under Contract-Show
5/21/2024Source: Canopy MLS Added to Database
May 21, 2024
10/31/2023Source: Canopy MLS Added to Database
October 31, 2023