Price Reduction - Waterfront - Primary on Main
Address
446 Rainbow Circle, Lake Lure, NC
Price
$ 999,999
Property Attributes
  • ID#4329163
  • TypeSingle Family
  • Listing Status Active
  • CountyRUTHERFORD
  • CityLake Lure
  • AreaRutherford County
  • NeighborhoodRiverbend at Lake Lure
  • Zip28746
  • StyleCabin
  • Year Built2000
  • Price$ 999,999
  • Bedrooms2
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4026
  • Lot Size0.65 Acres
Data Source:
Canopy MLS
Property Description

Now offered at an incredible new price of $999,999! 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 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 under the $1M mark. PLEASE PROVIDE A PRE-QUALIFIED OR APPROVED LETTER OR PROOF OF FUNDS WHEN SCHEDULING SHOWING APPOINTMENTS TO LIST AGENT(S)

Elementary School Middle School High School
Lake Lure Classical Academy Elementary School Lake Lure Classical Academy Middle School Lake Lure Classical Academy High School
Price History
12/12/2025 Listed $1,250,000
3/27/2026 4$1,200,000
5/21/2026 3$1,175,000
6/22/2026 9$1,075,000
9/12/2026 7$999,999

General Features

Living Area 4026
Sewer Septic Installed
Heating Heat Pump
Cooling Heat Pump
Roof Architectural Shingle
Appliances Dishwasher,Dryer,Electric Oven,Electric Water Heater,Microwave,Refrigerator,Washer
HOA Fee 650
Garage Spaces 2
Patio/Porch Features Covered,Deck,Front Porch,Porch,Rear Porch
Architectural Style Cabin
Construction Materials Log
Year Built 2000
View Water,Year Round
Levels One and One Half
Property Subtype Single Family Residence
Parcel Number 0652-56-2867
Waterfront Features Beach - Public,Boat Slip – Community,Paddlesport Launch Site
Community Features Gated,Lake Access,Picnic Area,Walking Trails
Assoc Fee Paid Per Annually
County Rutherford
New Construction No
Property Type Residential
HOA Yes
Subdivision Name Riverbend at Lake Lure
Garage Y/N Yes
Full Baths 4
Directions Please use 117 Rainbow Circle Lake Lure to arrive at the gated entrance. Otherwise your gps most likely will take direct you to an unmanned gate with no access.Enter Riverbend at main gate and procee
High School Lake Lure Classical Academy
City Lake Lure
Body of Water Lake Lure
Association Name Town & Country Management
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Lake Lure Classical Academy
Middle/Junior High School Lake Lure Classical Academy
Additional Parcels Y/N No
Virtual Tour https://listings.purehavenphotography.com/sites/mznmgzn/unbranded
Standard Status Active
CAR_HOASubjectTo Required
Construction Type Site Built
Restrictions Architectural Review,Building,Livestock Restriction,Short Term Rental Allowed,Signage,Square Feet,Subdivision
Tax Assessed Value 885900
Virtual Tour https://listings.purehavenphotography.com/sites/mznmgzn/unbranded
Listing Terms Cash,Conventional

Interior Features

Interior Amenities Built-in Features,Garden Tub,Hot Tub,Open Floorplan,Split Bedroom,Storage,Walk-In Closet(s)
Basement Finished,Interior Entry,Storage Space,Walk-Out Access
Flooring Carpet,Tile,Vinyl,Wood
Fireplace Features Gas Log,Living Room,Propane,Recreation Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2799
Laundry Features Laundry Room,Main Level
Total Bedrooms 2
Below Grade Finished Area 1227
Total Baths 4
SqFt Main 2011
SqFt Garage 583
SqFt Upper 788
Bedroom 2

Exterior Features

Parking Features Driveway,Attached Garage
Lot Features Beach Front,Private,Views,Waterfront
Water Source Well
Lot Size Area 0.65
Foundation Details Basement
Road Surface Type Asphalt,Paved
Other Equipment Fuel Tank(s)
Road Responsibility Private Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 28746

Price
AVG $760K
$1,000K
Year Built
AVG 1993
2000
Visits
AVG 331
828
Data Provided by Inside Real Estate®

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