NOT LISTED FOR SALE

44 Rainbow Rd Highlands, NC 28741

Estimated Value: $813,000 - $874,000

2 Beds
4 Baths
1,914 Sq Ft
$434/Sq Ft Est. Value

About This Home

Nestled on 9.52 acres, this 2-bedroom home offers the perfect blend of privacy and convenience, just a 6-minute drive to downtown Highlands, NC. Adjoining USFS land and featuring a bold babbling creek running along the property, visible and audible from the sunroom, open deck, and kitchen, as well as the terraced backyard. Enjoy plenty of natural light on the main and upper levels, with a newer kitchen featuring marble counters and a breakfast bar. The lower level offers a separate guest suite with its own full kitchen, bathroom, living area, and bedroom. Rent it out long-term or use it for extra guests. Two attached single-car garages: one in the basement with a workshop area and another at the side of the home. An additional higher-elevation house site offers a chance for long-range views. While the home needs work, it offers exceptional potential for a luxurious private estate close to the resort town of Highlands. Don't wait, schedule your appointment for a private tour today!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2016
Sold by
Andrews Eliane F
Bought by
Black Arthur D and Black Yvonne
Current Estimated Value
$830,359

Purchase Details

Closed on
Aug 16, 1994
Sold by
Black Richard D Trustee
Bought by
Black, Richard D Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Black Arthur D -- Attorney
Black, Richard D Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2025 07/10/25 For Sale $825,000 -- $306 / Sq Ft

Tax History Compared to Growth

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 -- $976,020 $456,680 $519,340
2024 -- $976,020 $456,680 $519,340
2023 $3,941 $976,020 $456,680 $519,340
2022 $3,360 $551,990 $298,600 $253,390
2021 $3,360 $554,490 $298,600 $255,890
2020 $3,220 $554,490 $298,600 $255,890
2018 $2,955 $546,080 $269,900 $276,180
2017 -- $546,080 $269,900 $276,180
2016 $2,955 $546,080 $269,900 $276,180
2015 -- $546,080 $269,900 $276,180
2014 $2,672 $593,650 $240,070 $353,580
2013 -- $593,650 $240,070 $353,580
Source: Public Records

Agents Affiliated with this Home

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