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48 Rainbow Lake Circle
Black Mountain NC 28711 US

$725,000

Active Listing ID 4430519
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3 bed
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1,808 square feet
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2.00 Bath (2 Full)
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Lot: 1.85 Acres
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Single Family Residence

$725,000

Active Listing ID 4430519
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48 Rainbow Lake Circle 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.

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Property Features

  • Facts
  • Lot Size: 1.85 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 2
  • Cooling System: Heat Pump
  • Exterior Finish: Hot Tub
  • Floor Covering: Laminate
  • Roof Type: Shingle
  • Heating Fuels: Heat Pump (Heating)
  • Additional Features
  • Fireplace
  • Patio

School Information

  • School
  • Black Mountain(Elementary)
  • Charles D Owen(MiddleSchool)
  • Charles D Owen(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 725000
  • unparsedaddress: 48 Rainbow Lake Circle
  • postalcity: Black Mountain
  • stateorprovince: NC
  • country: US
  • postalcode: 28711
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.85
  • lotsizeunits: Acres
  • lotsizearea: 1.85
  • livingarea: 1808
  • livingareaunits: Square Feet
  • latitude: 35.480808
  • longitude: -82.253902
  • listagentfullname: Lisa Yoli
  • listagentemail: lisa.yoli@exprealty.com
  • listagentkey: 3yd-CMLSNC-lgyoli
  • listagentmlsid: lgyoli
  • listagentpreferredphone: 8286108810
  • listagentofficephone: 8286108810
  • listofficekey: 3yd-CMLSNC-372903
  • listofficemlsid: 372903
  • disclaimer: Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 2023
  • listingcontractdate: 2026-11-04
  • countyorparish: Buncombe
  • parcelnumber: 0634-15-4778-00000
  • elementaryschool: Black Mountain
  • highschool: Charles D Owen
  • appliances: Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Tankless Water Heater
  • cooling: Heat Pump
  • constructionmaterials: Vinyl
  • flooring: Laminate
  • heating: Heat Pump (Heating)
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Underground/Basement, Garage - Attached, Driveway
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Hot Tub
  • architecturalstyle: Contemporary, Ranch
  • rooms: Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Basement, Bathroom 2, Laundry Room
  • otherstructures: Outbuilding
  • utilities: Propane
  • patioandporchfeatures: Deck
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.2539, 35.48081
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP REALTY LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lisa.yoli@exprealty.com", "ListBrokerageCity":"Charlotte", "ListBrokerageCountry":"US", "ListBrokerageEmail":"nc.broker@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"EXP REALTY LLC", "ListBrokeragePhone":"(336) 937-9123", "ListBrokeragePostalCode":"28216", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Suite 200", "ListBrokerageUnparsedAddress":"10130 Perimeter Parkway", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"16 Biltmore Ave Suite #300", "ListOfficeAddress2":"Suite 200", "ListOfficeBrokerMlsId":"372903", "ListOfficeCity":"Asheville", "ListOfficeCountry":"US", "ListOfficeEmail":"nc.western@exprealty.com", "ListOfficePostalCode":"28801", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential, Black Mountain, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/48-Rainbow-Lake-Cir_Black-Mountain_NC_28711_M98872-54853?f=listhub&s=CMLSNC&m=4430519&c=rexren", "MLSModificationTimestamp":"2026-11-04 21:34:07", "Neighborhoods":[{"Description":null, "Name":"Rainbow Lake"}], "PostalCode":null, "RoomCount":7, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"DEED DATE: 2022-01-11 DEED: 6172-1271 SUBDIV: C F SHUMAN BLOCK: LOT: LOTS 19 & 20 SECTION: PLAT: 0040-0047", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 2
Listing Changed: 11/4/2026 9:40:40 PM GMT
Source Updated Date: 11/5/2026 12:48:11 PM GMT

Courtesy of: Lisa Yoli, EXP Realty LLC, lisa.yoli@exprealty.com

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.