$825,000

44 Rainbow Rd Highlands, NC 28741

Estimated payment $4,894/month

Total Views 5,343
2 Beds
3.5 Baths
-- Sq Ft
-- Price per Sq Ft

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!

Listing Agent

Douglas Treadwell

Mountain Life Real Estate, LLC Listed on: 07/10/2025

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,953

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 9.52
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Water Body Name: No Name Known
  • Subdivision Name: None
  • Directions: From Highlands, take N 4th Street for about 2 miles then RIGHT onto Clear Creek Rd. Continue for about 0.4 mile then RIGHT onto Rainbow Road. #44 will be on your LEFT.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1984
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Range, FreeStandingElectric Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Garage Access, Interior Entry, Concrete, Partially Finished, Bath/Stubbed, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Interior Amenities: Breakfast Bar, Bidet, Ceiling Fan(s), His and Hers Closets, Primary Downstairs, Multiple Closets, Pantry, Storage, Walk-In Closet(s), Workshop

Exterior Features

  • Lot Features: Borders National Forest, Back Yard, Front Yard, Garden, Gentle Sloping, Native Plants, Private, Many Trees, Secluded, Split Possible, Views, Waterfront, City Lot, Rolling Slope
  • Topography: Rolling,Terraced
  • View: Mountain(s), Creek/Stream, Trees/Woods
  • View: Yes
  • Waterfront Features: Creek, Waterfront
  • Waterfront: Yes
  • Exterior Features: Balcony, Garden, Private Yard
  • Patio And Porch Features: Rear Porch, Covered, Deck, Front Porch, Glass Enclosed, Balcony
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Basement

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, In Basement, Laundry Room
  • Cooling: Ceiling Fan(s)
  • Heating: Other, See Remarks
  • Heating Yn: Yes
  • Sewer: Septic Permit 2 Bedroom, Septic Tank
  • Utilities: Electricity Connected, High Speed Internet Available, Propane, See Remarks
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Near National Forest
  • Association: No

Lot Info

  • Parcel #: 7449035692
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 3952.86
  • Tax Lot: None
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $825,000 -- $400 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Attorney
Deed -- --
Source: Public Records

About the Listing Agent

Douglas Treadwell

Mountain Life Real Estate, LLC

(828) 721-5832

Section Image

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.

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    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

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  • 108 W View Way, Highlands, NC 28741

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Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 1001398

APN: 7449035692