Elizabeth Davis
Keller Williams Unified
(980) 270-1851
130 Total Sales
5 in Cornelius
$635K - $850K Price Range
20139 Rainbow Cir Cornelius, NC 28031
Cornelius Area
3
Beds
2
Baths
1,808
Sq Ft
0.47
Acre Lot
Highlights
- Pier
- Wooded Lot
- Laundry Room
- Waterfront
- Wood Flooring
- Shed
About This Home
As of May 2026Experience 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.
Last Agent to Sell the Property
Kristin Pisani
Coldwell Banker Realty Brokerage Email: kristin.pisani@cbrealty.com License #313071 Listed on: 03/02/2026
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Home Details
Home Type
- Single Family
Year Built
- Built in 1986
Lot Details
- 20,473 Sq Ft 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
- Laundry on main level
- 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2026
Closed on
May 7, 2026
Sold by
Bought by
Seller's Agent
Kristin Pisani
Coldwell Banker Realty
Buyer's Agent
Kim Wilson
Keller Williams Lake Norman
List Price
$1,800,000
Sold Price
$1,600,000
Premium/Discount to List
-$200,000
-11.11%
Views
70
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Purchase Details
Listed on
Feb 19, 2022
Closed on
Apr 29, 2022
Sold by
Bought by
Seller's Agent
Angela Jordan
Smith-Jordan Realty
Buyer's Agent
Angela Jordan
Smith-Jordan Realty
List Price
$1,499,000
Sold Price
$1,350,000
Premium/Discount to List
-$149,000
-9.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$1,147,500
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 1988
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cornelius, NC
-
Elizabeth Davis
-
Nadia Lemkhairi
Nadia Lemkhairi
Costello Real Estate and Investments LLC
(980) 580-6780
72 Total Sales
1 in Cornelius
$285,000 Price
-
Jayne Cantello
Jayne Cantello
Southern Homes of the Carolinas, Inc
(669) 666-6018
66 Total Sales
15 in Cornelius
$202K - $4.3M Price Range
-
Marie DeMartino
Marie DeMartino
Helen Adams Realty
(980) 446-3087
66 Total Sales
1 in Cornelius
$410,000 Price
-
Nicole McAlister
Nicole McAlister
Responds QuicklyKeller Williams Ballantyne Area
(980) 550-5120
407 Total Sales
1 in Cornelius
$1,030,000 Price
-
Ginny Jerkins
Ginny Jerkins
Premier South
(980) 890-6881
73 Total Sales
1 in Cornelius
$450,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,600,000 | None Listed On Document | |
| Warranty Deed | $1,350,000 | Collum & Perry Pllc | |
| Deed | $176,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,147,500 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $395,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $295,500 | New Conventional | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $277,650 | Unknown | |
| Previous Owner | $74,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Unknown |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/11/2026 05/11/26 | Sold | $1,600,000 | -11.1% | $885 / Sq Ft | |
| 04/24/2026 04/24/26 | Pending | -- | -- | -- | |
| 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 |
Source: Canopy MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,815 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2026
Kristin Pisani
Coldwell Banker Realty
-
Kim Wilson
Buyer's Agent in 2026
Kim Wilson
Keller Williams Lake Norman
(704) 363-0667
80 Total Sales
-
Angela Jordan
Seller's Agent in 2022
Angela Jordan
Smith-Jordan Realty
(704) 287-7572
25 Total Sales
Map
Source: Canopy MLS
MLS Number: 4354765
APN: 001-701-27
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID
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