20139 Rainbow Cir Cornelius, NC 28031
Estimated payment $9,996/month
Highlights
- Pier
- Waterfront
- Wood Flooring
- Bailey Middle School Rated A-
- Wooded Lot
- Laundry Room
About This Home
Experience classic lakefront living on Lake Norman at this charming waterfront retreat in the heart of Cornelius. Nestled on a beautiful half-acre lot with approximately 100+ feet of shoreline on a quiet cove, this property offers stunning water views, gentle access to the lake, and multiple outdoor living spaces designed to capture the beauty of lakeside living. The home features 3 bedrooms and 2 bathrooms with a comfortable, open layout ideal for both relaxing weekends and full-time lake living. Large windows throughout bring in natural light and frame gorgeous water views, while a sunroom and spacious deck provide the perfect setting for entertaining or enjoying peaceful sunsets over the lake. The primary suite features an updated bathroom, creating a private retreat after a day on the water.
Step outside to your private lakeside oasis featuring a private pier and boat slip, ideal for boating, swimming, and enjoying everything Lake Norman has to offer. With a gentle slope to the shoreline, the lot is perfect for easy lake access and outdoor enjoyment. Investors and Builders, Check out this lot with several surrounding new constructions currently underway.
Located just minutes from shopping, dining, and I-77, Birkdale, and downtown Cornelius, this property combines the tranquility of waterfront living with the convenience of nearby amenities.
Listing Agent
Coldwell Banker Realty Brokerage Email: kristin.pisani@cbrealty.com License #313071 Listed on: 03/02/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1986
Lot Details
- 0.47 Acre Lot
- Waterfront
- Back Yard Fenced
- Wooded Lot
- Property is zoned R122
HOA Fees
- $8 Monthly HOA Fees
Parking
- Driveway
Home Design
- Aluminum Roof
- Vinyl Siding
Interior Spaces
- 1,808 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Water Views
- Crawl Space
Kitchen
- Convection Oven
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Outdoor Features
- Pier
- Fire Pit
- Shed
- Outbuilding
Schools
- Cornelius Elementary School
- Bailey Middle School
- William Amos Hough High School
Utilities
- Central Air
- Heat Pump System
Community Details
- Biscayne Subdivision
Listing and Financial Details
- Assessor Parcel Number 00170127
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,684 | $1,315,800 | $1,000,000 | $315,800 |
| 2024 | $8,684 | $1,315,800 | $1,000,000 | $315,800 |
| 2023 | $8,547 | $1,315,800 | $1,000,000 | $315,800 |
| 2022 | $6,569 | $769,200 | $585,000 | $184,200 |
| 2021 | $6,492 | $769,200 | $585,000 | $184,200 |
| 2020 | $6,383 | $756,200 | $585,000 | $171,200 |
| 2019 | $6,377 | $756,200 | $585,000 | $171,200 |
| 2018 | $5,740 | $529,800 | $420,000 | $109,800 |
| 2017 | $5,697 | $529,800 | $420,000 | $109,800 |
| 2016 | $5,693 | $529,800 | $420,000 | $109,800 |
| 2015 | -- | $529,800 | $420,000 | $109,800 |
| 2014 | $5,608 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/02/2026 03/02/26 | For Sale | $1,800,000 | +33.3% | $996 / Sq Ft | |
| 04/29/2022 04/29/22 | Sold | $1,350,000 | 0.0% | $750 / Sq Ft | View Prior Sale |
| 03/15/2022 03/15/22 | Price Changed | $1,350,000 | -9.9% | $750 / Sq Ft | |
| 02/19/2022 02/19/22 | For Sale | $1,499,000 | 0.0% | $833 / Sq Ft | |
| 02/18/2022 02/18/22 | For Sale | $1,499,000 | -- | $833 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,350,000 | Collum & Perry Pllc | |
| Deed | $176,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,147,500 | New Conventional |
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4354765
APN: 001-701-27
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Ask me questions while you tour the home.