20218 Rainbow Cir Cornelius, NC 28031
Cornelius AreaEstimated payment $22,922/month
Highlights
- Water Views
- Access To Lake
- Sauna
- Bailey Middle School Rated A-
- Heated Pool and Spa
- 0.69 Acre Lot
About This Home
Modern luxury meets effortless lakeside living in this exceptional Lake Norman retreat. Framed by breathtaking water views and a private outdoor oasis, this architectural masterpiece blends contemporary sophistication with timeless craftsmanship.
The exterior showcases reclaimed barn wood sourced from historic barns across North Carolina, creating a warm organic contrast to the home's sleek modern design. A striking steel front door opens to an expansive open-concept interior where French white oak flooring flows seamlessly throughout.
Every detail has been thoughtfully curated—from the designer finishes to the impeccable functionality. The main level features an elegant owner's suite with a spa-inspired ensuite, a private fitness studio complete with traditional and infrared saunas, a dedicated office/flex space, full bath, and an entertaining bonus room highlighted by custom swinging barstools. Upstairs, five additional bedrooms and a second bonus space offer refined comfort with a sophisticated, functional layout designed for modern living.
At the heart of the home, the chef's kitchen is a true showpiece featuring premium Thermador appliances, an oversized quartzite island, and a fully equipped scullery designed for effortless entertaining. Dual laundry rooms add everyday convenience without compromising luxury.
Step outside and discover a resort-style outdoor living experience. The enclosed sunroom with fireplace overlooks the beautifully fenced backyard and an impressive oversized saltwater pool with integrated hot tub, creating the perfect setting for relaxation and entertaining. Whether enjoying a peaceful morning swim, unwinding in the spa at sunset, or hosting guests poolside, this private retreat captures the essence of luxury living. The outdoor space also includes a custom separate fenced dog run with artificial turf, ensuring every member of the household is thoughtfully accommodated.
Two tankless water heaters and countless additional upgrades further elevate this remarkable residence. This home is a statement of contemporary elegance, exceptional craftsmanship, and elevated luxury living.
Listing Agent
Luxe Legacy Partners LLC Brokerage Email: rmiller@luxe-legacy.com License #249391 Listed on: 06/11/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 2022
Lot Details
- 30,056 Sq Ft Lot
- Privacy Fence
- Back Yard Fenced
- Corner Lot
- Level Lot
- Irrigation
- Wooded Lot
- Property is zoned GR
Parking
- 3 Car Attached Garage
- Electric Vehicle Home Charger
- Front Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Modern Architecture
- Architectural Shingle Roof
- Wood Siding
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2-Story Property
- Open Floorplan
- Central Vacuum
- Wired For Data
- Built-In Features
- Bar Fridge
- Ceiling Fan
- Gas Fireplace
- Insulated Windows
- Pocket Doors
- French Doors
- Sliding Doors
- Mud Room
- Family Room with Fireplace
- Living Room with Fireplace
- Screened Porch
- Sauna
- Water Views
- Crawl Space
- Walk-In Attic
- Home Security System
Kitchen
- Walk-In Pantry
- Built-In Double Oven
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- 6 Full Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Dryer
- Laundry Chute
Pool
- Heated Pool and Spa
- Heated In Ground Pool
- Saltwater Pool
- Fence Around Pool
Outdoor Features
- Access To Lake
Schools
- Cornelius Elementary School
- Bailey Middle School
- William Amos Hough High School
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Gas Water Heater
Community Details
- No Home Owners Association
- Built by BAAS Construction
- Biscayne Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 001-702-04
Map
Home Values in the Area
Average Home Value in this Area
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 | $15,918 | $2,382,690 | $250,000 | $2,132,690 |
| 2024 | $15,685 | $2,382,690 | $250,000 | $2,132,690 |
| 2023 | $15,441 | $2,382,690 | $250,000 | $2,132,690 |
| 2022 | $8,488 | $999,900 | $130,000 | $869,900 |
| 2021 | $1,091 | $130,000 | $130,000 | $0 |
| 2020 | $778 | $130,000 | $130,000 | $0 |
| 2019 | $1,091 | $130,000 | $130,000 | $0 |
| 2018 | $647 | $60,000 | $60,000 | $0 |
| 2017 | $642 | $60,000 | $60,000 | $0 |
| 2016 | $642 | $60,000 | $60,000 | $0 |
| 2015 | $633 | $60,000 | $60,000 | $0 |
| 2014 | $633 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|
| 07/02/2026 07/02/26 | Price Changed | $3,975,000 | -5.4% | $503 / Sq Ft | |
| 06/11/2026 06/11/26 | For Sale | $4,200,000 | +15.5% | $532 / Sq Ft | |
| 06/10/2024 06/10/24 | Sold | $3,637,500 | -1.7% | $461 / Sq Ft | View Prior Sale |
| 04/12/2024 04/12/24 | Pending | -- | -- | -- | |
| 03/26/2024 03/26/24 | Price Changed | $3,700,000 | -3.9% | $469 / Sq Ft | |
| 03/01/2024 03/01/24 | Price Changed | $3,850,000 | 0.0% | $488 / Sq Ft | |
| 03/01/2024 03/01/24 | For Sale | $3,850,000 | +5.8% | $488 / Sq Ft | |
| 02/09/2024 02/09/24 | Off Market | $3,637,500 | -- | -- | |
| 12/01/2023 12/01/23 | For Sale | $4,200,000 | -- | $532 / Sq Ft |
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 | $3,637,500 | Lm Title Agency Llc | |
| Warranty Deed | $200,000 | None Available | |
| Deed | -- | -- |
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 |
|---|---|---|---|
| Open | $387,000 | Construction | |
| Open | $2,513,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $1,050,000 | New Conventional | |
| Previous Owner | $1,040,000 | Construction | |
| Previous Owner | $141,000 | Commercial |
Source: Canopy MLS
MLS Number: 4387051
APN: 001-702-04
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