$1,000,000

1029 Rainbow Cir Lake Lure, NC 28746

Estimated payment $5,775/month

Total Views 959
4 Beds
5 Baths
2,847 Sq Ft
$351 Price per Sq Ft

Highlights

  • Very Popular Property
  • Spa
  • Deck
  • Access To Lake
  • Waterfront
  • Pond

About This Home

Stunning log cabin in Riverbend at Lake Lure offers mountain vibes and breathtaking views of Little Mirror Lake. The main level features a sunny 2 story great room with a wall of windows, soaring riverstone gas fireplace, large open kitchen, primary bedroom suite with full bath, and a 1/2 bath in the common area. Upstairs, includes a lofted sitting area with views, 2 bedrooms and full guest bath. The lower level offers a large open entertainment space with table tennis and billiards, second primary bedroom w/ en-suite, a communal 1/2 bathroom and laundry. Both levels offer seamless indoor/outdoor living with expansive decks, a discreetly placed hot tub for ultimate relaxation and thoughtfully designed spaces leading to the lakefront, with private dock and water slide! Active short term rental and turnkey opportunity! Fully furnished and ready for your next adventure with acceptable offer. Material fact sheet is available, Contact for a private showing today!

Listing Agent

Galen Walter

LPT Realty, LLC Brokerage Phone: 828-329-9213 License #313869 Listed on: 09/01/2025

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,766

Year Built

  • Built in 2015

Lot Details

  • Waterfront
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Water Views
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Access To Lake
  • Pond
  • Balcony
  • Deck
  • Wrap Around Porch

Additional Homes

  • Separate Entry Quarters

Schools

  • Pinnacle Elementary School
  • R-S Middle School
  • R-S Central High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1611740

Community Details

Overview

  • Town & Country Management Association, Phone Number (864) 450-9188
  • Riverbend At Lake Lure Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,766

Year Built

Built in 2015

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2015
  • Restrictions: Architectural Review,Building,Livestock Restriction,Short Term Rental Allowed
  • Second Living Quarters: Interior Connected,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • Ratio CurrentPrice/TotalPropertyHLA: 351.25
  • Geocode Confidence: High
  • Attribution Contact: 828-329-9213
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1139
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 527
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Total: 965
  • Sq Ft Unheated Upper: 38
  • Sq Ft Upper: 711
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator with Ice Maker
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 1850
  • Has Basement: Daylight, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 997
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2847
  • Bedroom Main: 1
  • Room Count: 16
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Hot Tub
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Little Mirror Lake
  • Waterfront Features: Beach - Public, Paddlesport Launch Site - Community, Dock, Other - See Remarks
  • Waterfront Elevation: 1500
  • Construction Type: Log, Wood
  • Patio And Porch Features: Balcony, Covered, Deck, Porch, Rear Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Lower Level
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake Access, Pond, Recreation Area, Walking Trails
  • Association Fee: 650
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Town & Country Management
  • Phone: 864-450-9188
  • Association Email: pluiz@tcgrd.com

Association/Amenities

  • Association Annual Expense: 650.00

Schools

  • Middle Or Junior School: R-S Middle
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Wooded, Views, Waterfront
  • Lot Size Area: 0.8
  • Lot Size Units: Acres
  • Parcel Number: 1611740
  • Plat Book Slide: 10/79
  • Plat Reference Section Pages: 76-81
  • Additional Parcels: No
  • Zoning Specification: Single Family RES

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Pinnacle
  • High School: R-S Central

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,766 $655,100 $100,000 $555,100
2024 $3,461 $655,100 $100,000 $555,100
2023 $3,064 $655,100 $100,000 $555,100
2022 $3,064 $454,800 $65,000 $389,800
2021 $261 $389,400 $65,000 $324,400
2020 $2,605 $389,400 $65,000 $324,400
2019 $2,597 $389,400 $65,000 $324,400
2018 $2,380 $351,500 $65,000 $286,500
2016 $2,345 $351,500 $65,000 $286,500
2013 -- $42,500 $42,500 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 For Sale $1,000,000 +29.0% $351 / Sq Ft
12/03/2021 12/03/21 Sold $775,000 +3.3% $267 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $750,000 -- $258 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $775,000 None Available
Warranty Deed $30,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 New Conventional
Previous Owner $252,750 New Conventional
Previous Owner $252,750 New Conventional
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4294592

Canopy MLS (Canopy Realtor® Association)

APN: 1611740