$2,699,000
UNDER CONTRACT NEW CONSTRUCTION $96K PRICE DROP

20200 Rainbow Cir Cornelius, NC 28031

Cornelius Area

Estimated payment $14,899/month

Total Views 8,826
5 Beds
5.5 Baths
4,845 Sq Ft
$557 Price per Sq Ft

Highlights

  • Water Views
  • Heated Pool and Spa
  • 0.63 Acre Lot
  • Access To Lake
  • New Construction
  • Open Floorplan

About This Home

A rare opportunity to own a brand-new luxury residence by Lagniappe Homes in one of Cornelius' most desirable locations. Situated directly across from Lake Norman with beautiful water views and lake access, this custom-designed West Indies-inspired home blends timeless architecture with modern luxury just minutes from restaurants, marinas, shopping, and everything the Lake Norman lifestyle has to offer. Designed for effortless everyday living and exceptional entertaining, the 4,845-square-foot floor plan features soaring 12-foot ceilings, engineered white oak flooring, smooth-finish walls, custom wood ceiling details, and expansive 14-foot Western multi-slide glass doors that seamlessly connect the indoor living spaces to the covered outdoor lanai. At the heart of the home, the designer kitchen combines striking style with exceptional functionality. Custom solid wood cabinetry, quartz countertops with a full-height backsplash, a 48-inch JennAir gas range, Venetian plaster hood, wine column refrigerator, under-cabinet lighting, and a fully equipped scullery with a second dishwasher and refrigerator create a space equally suited for entertaining and everyday living. The main-level owner's retreat offers a true spa-inspired experience with heated tile floors, an oversized walk-in shower, soaking tub, dual custom walk-in closets, and upgraded sound insulation for enhanced privacy. Upstairs, three additional ensuite bedrooms, a spacious loft, full wet bar, and a second covered terrace provide flexible living space for family and guests. Built with craftsmanship that extends far beyond what is immediately visible, the home features a full stucco exterior, aluminum-clad bronze windows, standing seam metal roof accents, custom wood garage doors, a mahogany entry door with beveled Flemish glass, 400-amp electrical service, whole-home audio, video, ethernet and security prewiring, EV charging capability, Ring doorbell system, wired networking, dual tankless water heaters with recirculation, dual 15-SEER HVAC systems, cast-iron plumbing downspouts for sound reduction, low-voltage landscape lighting, and well-fed irrigation. Outside, the private backyard has been thoughtfully designed as a resort-style retreat. Enjoy a custom heated pool and spa with waterfall and fire features, a spacious covered lanai, outdoor storage room, and a professionally designed putting green with LED-lit cups. The oversized garage features extra-high ceilings designed to accommodate an automotive stacking lift. Every element of this custom residence reflects Lagniappe Homes' commitment to exceptional design, thoughtful functionality, and enduring quality—offering a rare combination of new construction, luxury finishes, water views, lake access, and an unbeatable Cornelius location.

Listing Agent

Nanda Moscovitch

Ivester Jackson Christie's Brokerage Email: nanda@ivesterjackson.com License #304833 Listed on: 05/15/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2026 | New Construction

Lot Details

  • 27,530 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Irrigation
  • Property is zoned GR

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • 3 Open Parking Spaces

Home Design

  • Home is estimated to be completed on 3/27/26
  • Transitional Architecture
  • Modern Architecture
  • Architectural Shingle Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Data
  • Built-In Features
  • Bar Fridge
  • Gas Fireplace
  • Insulated Windows
  • Sliding Doors
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • Storage
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Column Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Soaking Tub
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Access To Lake
  • Balcony
  • Covered Patio or Porch
  • Terrace
  • Fire Pit

Schools

  • Cornelius Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 001-702-06

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Built by Lagniappe Homes
  • Biscayne Park Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 2026 | New Construction

Lot Details

0.63 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Modern, Transitional
  • Year Built: 2026
  • Proposed Completion Date: 2026-03-27
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 557.07
  • Geocode Confidence: High
  • Attribution Contact: nanda@ivesterjackson.com
  • Special Features: 130

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Drop Zone, Entrance Foyer, Garden Tub, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2547
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2298
  • Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Exhaust Hood, Gas Cooktop, Microwave, Refrigerator, Wine Refrigerator
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 4845
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Fireplace Features: Gas, Great Room
  • Living Area: 4845
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Fire Pit, In-Ground Hot Tub / Spa, In-Ground Irrigation, Rooftop Terrace
  • New Construction: Yes
  • Roof: Architectural Shingle, Metal
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Pool Features: Fenced, Heated, In Ground, Outdoor Pool, Pool/Spa Combo, Salt Water
  • Pool Private: Yes
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Ramp – Community, Paddlesport Launch Site
  • Construction Type: Hard Stucco
  • Patio And Porch Features: Balcony, Covered, Patio, Terrace

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Heating: Electric, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level, Multiple Locations, Upper Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Natural Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Lake Access
  • Hoa Subject To Dues: Voluntary
  • Senior Community: No
  • Association: Yes

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Optional

Lot Info

  • Lot Features: Level, Views
  • Lot Size Units: Acres
  • Parcel Number: 001-702-06
  • Zoning: GR
  • Plat Book Slide: 421/3266
  • Development Status: Completed
  • Lot Size Acres: 0.632
  • Additional Parcels: No
  • Zoning Specification: GR

Building Info

  • Builder Name: Lagniappe Homes

MLS Schools

  • Elementary School: Cornelius
  • High School: William Amos Hough

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,312 $339,100 $180,000 $159,100
2024 $2,275 $339,100 $180,000 $159,100
2023 $2,275 $339,100 $180,000 $159,100
2022 $2,000 $230,900 $120,000 $110,900
2021 $1,977 $230,900 $120,000 $110,900
2020 $1,977 $230,900 $120,000 $110,900
2019 $1,971 $230,900 $120,000 $110,900
2018 $1,334 $121,200 $60,000 $61,200
2017 $1,322 $121,200 $60,000 $61,200
2016 $1,318 $121,200 $60,000 $61,200
2015 $1,297 $121,200 $60,000 $61,200
2014 $1,295 $0 $0 $0
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
06/18/2026 06/18/26 Price Changed $2,699,000 -3.4% $557 / Sq Ft
05/15/2026 05/15/26 For Sale $2,795,000 +521.1% $577 / Sq Ft
03/12/2025 03/12/25 Sold $450,000 0.0% $400 / Sq Ft View Prior Sale
02/14/2025 02/14/25 For Sale $450,000 -- $400 / Sq Ft
Source: Canopy MLS

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 $450,000 None Listed On Document
Deed -- --
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 $100,000 Credit Line Revolving
Source: Public Records

Source: Canopy MLS

MLS Number: 4380480

Canopy MLS

APN: 001-702-06

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