
44 Rainbow Rd Highlands, NC 28741
Estimated payment $4,894/month
Highlights
- Very Popular Property
- Waterfront
- Deck
- View of Trees or Woods
- 9.52 Acre Lot
- No HOA
About This Home
Set on 9.52 private acres, this 2-bedroom home offers a unique opportunity to create your perfect mountain retreat with 2 additional bonus rooms and an attached efficiency apartment just 6 minutes from the charming resort town of Highlands, NC. This property is bordered by US Forest Service land, ensuring privacy and direct access to nature. A bold creek flows alongside the property, visible and audible from several key rooms, including the sunroom, kitchen, deck, and lower-level living area. The lower level of the home is a private guest suite with a full kitchen, living area, bedroom, and bathroom, providing a perfect space for guests or extended family. The main and upper levels of the home feature large windows that flood the interior with natural light, creating an open and airy atmosphere. The kitchen has been updated with marble countertops, a stainless steel refrigerator and an updated exhaust hood. The home also includes two attached single-car garages—one in the basement with workshop area and storage, and another at the side of the house, offering ample storage space and convenience. A higher elevation build site on the property holds great potential for long-range mountain views, allowing for even more possibilities to enhance this exceptional property. This home has immense potential to become a luxurious private second home or vacation retreat. With its perfect location, nestled in nature yet just minutes from the luxury amenities of Highlands, this property offers privacy, peace, and the opportunity to craft a stunning mountain home. Whether you’re seeking a private escape, a family retreat, or an investment in a potential luxury home, this property provides the canvas for your vision in the heart of the Western North Carolina mountains. Don't wait, schedule your appointment for a private tour today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,953
Year Built
- Built in 1984
Lot Details
- 9.52 Acre Lot
- Waterfront
- Lot Has A Rolling Slope
- Garden
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Parking
- 2 Car Attached Garage
Property Views
- Woods
- Mountain
Home Design
- Metal Roof
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Living Room with Fireplace
- Workshop
- Dryer
Kitchen
- Breakfast Bar
- Recirculated Exhaust Fan
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Laundry in Basement
Outdoor Features
- Balcony
- Deck
- Covered patio or porch
Location
- City Lot
Utilities
- Heating Available
- Propane
- Private Water Source
- Well
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 7449035692
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 |
---|---|---|---|---|
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/10/2025 07/10/25 | For Sale | $825,000 | -- | $400 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Attorney | |
Deed | -- | -- |
About the Listing Agent

Meet Doug Treadwell, a distinguished real estate broker specializing in luxury homes. With over 40 years of experience, Doug is renowned for his unwavering commitment to customer and client satisfaction. His expertise lies in market analysis and listing high-end properties, ensuring each client finds the perfect lifestyle match. Doug's dedication and profound industry knowledge make him the ideal partner for all your luxury real estate needs.
Douglas' Other Listings
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 1001398
APN: 7449035692
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