48 Rainbow Lake Circle, Black Mountain, NC 28711

$725,000
3
BD
2
BA
1,808
SqFt

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Listing courtesy of EXP Realty LLC. lisa.yoli@exprealty.com

List Price
$725,000
MLS#
4430519
Status
ACTIVE
Days on Market
2
Property Type
Residential
Architectural Style
Contemporary, Ranch
Year Built
2023
Bedrooms
3
Bathrooms
2
Full Baths
2
Lot Size
80,586
Lot Size Area
1.85
Living Area
1,808
Sq Ft Total
1808
County
Buncombe
Subdivision
Rainbow Lake
Special Conditions
None
Dom
Yes

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.

Additional Information

Fireplace
Yes
Floor Coverings
Laminate
Equipment
Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Tankless Water Heater
Foundation
Basement
Main Level Rooms
Bedroom(s), Bedroom(s), Primary Bedroom, Bathroom-Full, Kitchen, Living Room
Laundry Location
Laundry Room, Main Level, Washer Hookup
Heating
Heat Pump
Water
Well
Sewer
Septic Installed
Exterior Features
Hot Tub
Exterior Construction
Vinyl
Roof
Architectural Shingle
Parking
Basement, Driveway, Attached Garage
Driveway
Gravel, Paved
Lot Description
Wooded, Views
Elementary School
Black Mountain
Middle School
Charles D Owen
High School
Charles D Owen
Zoning
OU
Total Property HLA
1808
Master on Main Level
Yes

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“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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