Price cut
$875,000
4 bd · 3.5 ba · 2,847 sqft · 0.80 acre lot
1029 Rainbow Cir, Lake Lure, NC 28746
Single family · Built 2015 · $307/sqft ·
$4,814/mo est. payment
- HOA
- $54/mo
- Stories
- 2
Flood factor 1/10
About this home
Imagine waking up to breathtaking views of Little Mirror Lake from your very own log cabin retreat. Nestled in the coveted Riverbend at Lake Lure community, this stunning property is the perfect blend of rustic charm and modern comfort, and the seller is sweetening the deal with up to $15,000 Seller Credit at closing to replace the roof! Step inside and be greeted by a dramatic 2-story great room, bathed in natural light from a wall of windows, anchored by a gorgeous river stone gas fireplace. The open kitchen is ideal for gathering, while the main-level primary suite offers a peaceful escape after a day on the water. Upstairs, a lofted sitting area with stunning views connects two additional bedrooms and a full guest bath. Head downstairs to the ultimate entertainment zone, complete with billiards and table tennis, a second primary suite with an en-suite bath, and convenient laundry facilities. Step outside to expansive decks on both levels, a tucked-away hot tub for starlit soaks, and a beautifully designed path leading to your private lakefront dock - complete with a water slide for endless summer fun! Already an active short-term rental, this fully furnished, turnkey gem is ready to generate income or simply become your family's favorite getaway. Contact us today for a private showing!
Facts and features
Other Rooms
- Total Rooms: 16
- Billiard Level: Lower
- Laundry Level: Basement
- Sitting Level: Upper
- Basement Features: Daylight, Finished, Walk-Out Access
- Family Room Level: Basement
- Great Room Level: Main
Appliances
- Dishwasher
- Electric range
- Microwave
- Refrigerator with ice maker
- Laundry Features: In Basement, Lower Level
Bedrooms
- Bedrooms: 4
- Bedrooms On Basement Level: 1
- Bedrooms On Main Level: 1
- Bedrooms On Upper Level: 2
- Primary Bedroom Level: Main
- 2nd Primary Bedroom Level: Basement
- Bedroom 1 Level: Upper
- Bedroom 2 Level: Upper
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 3
- 1/2 Bathrooms: 2
- Full Bathrooms On Main Level: 1
- Half Bathrooms On Main Level: 1
- Full Bathrooms On Basement Level: 1
- Half Bathrooms On Basement Level: 1
- Full Bathrooms On Upper Level: 1
Heating and Cooling
- Cooling Features: Ceiling Fan(s), Central Air
- Fireplace Features: Gas Log, Great Room
- Heating Features: Heat Pump
- Ceiling Fans: Yes
Kitchen and Dining
- Dining Area Level: Main
- Kitchen Level: Main
Waterfront and Water Access
- Water Body Name: Little Mirror Lake
- Beach - public
- Paddlesport launch site - community
- Dock
Exterior and Lot Features
- Hot tub
- Patio And Porch Features: Balcony, Covered, Deck, Porch, Rear Porch, Wrap Around
- Road Responsibility: Private Maintained Road
- Road Surface Type: Concrete, Paved
- Porch: Yes
- Deck: Yes
Schools
- 4
Pinnacle Elementary School
elementary · K-5 · 9.8 mi
- 4
R-S Central High School
high · 9-12 · 11.9 mi
- 4
R-S Middle School
middle · 6-8 · 13.8 mi
- 7
Lake Lure Classical Academy
elementary · K-12 · 1.9 mi
- 5
Rutherfordton Elementary School
elementary · K-5 · 13.2 mi
- 8
Rutherford Early College High School
high · 9-12 · 16.2 mi
Price history
- Oct 22, 2026 · Price Changed$875,000
- Jul 31, 2026 · Price Changed$924,900
- Mar 13, 2026 · Relisted$950,000
- Mar 1, 2026 · Listing Removed—
- Dec 4, 2025 · Price Changed$950,000
- Aug 22, 2025 · Listed$1,000,000
- Dec 3, 2021 · Sold$775,000
- Oct 9, 2021 · Listed$750,000
Tax history
- 2025$3,748 tax · $655,100 assessed
- 2023$3,456 tax · $655,100 assessed
- 2022$3,064 tax · $454,800 assessed
- 2021$2,605 tax · $389,400 assessed
- 2020$2,605 tax · $389,400 assessed
- 2019$2,597 tax · $389,400 assessed
- 2018$2,379 tax · $351,500 assessed
- 2017$2,344 tax · $351,500 assessed
Home value
$841,000
- Collateral Analytics$841,000
- Quantarium$813,145
- Cotality$865,500
Where it is
Listed by Galen Walter · LPT Realty, LLC · CanopyMLS
