$825,000

44 Rainbow Rd Highlands, NC 28741

Estimated payment $4,899/month

Total Views 3,460
3 Beds
3.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • 9.52 Acre Lot
  • Heavily Wooded Lot
  • Water Views
  • New Kitchen
  • Deck

About This Home

Nestled on 9.52 acres, this 2-bedroom home with 2 bonus rooms and a lower-level efficiency apartment offers the perfect blend of privacy and convenience! Just 6 minutes from downtown Highlands, NC, AND adjoining USFS land, the property features a bold, babbling creek visible and audible from the house for serene privacy just a short drive from luxury amenities. The main and upper levels have lots of natural light, and the kitchen has had some updates like marble countertops, stainless fridge, and an exhaust fan. The lower level includes a separate guest suite with a full kitchen, bathroom, living area, and bedroom—ideal for long-term rental or extra guests. Two attached single-car garages offer ample storage: one in the basement with a workshop area and storage, the other at the side of the home. A higher-elevation build site presents the potential for long-range views. This home is ready for a full renovation and holds exceptional potential to become a luxurious private estate, just minutes from the resort town of Highlands. Schedule your appointment for a private tour today!

Listing Agent

Douglas Treadwell

Mountain Life Properties Brokerage Phone: 8282398814 License #298313 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
  • Home fronts a stream
  • Private Lot
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Open Parking

Home Design

  • Traditional Architecture
  • Cottage
  • Metal Roof
  • HardiePlank Type
  • Stone

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Insulated Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Water Views

Kitchen

  • New Kitchen
  • Breakfast Bar
  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Basement

  • Interior and Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Workshop
  • Finished Basement Bathroom
  • Laundry in Basement
  • Basement with some natural light

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stream

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: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 9.52
  • Ownership: More than One Year
  • 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: Traditional, Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1984
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8282398814
  • NAV27_AllowsVacationRentalYN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Dishwasher, Exhaust Fan, Electric Oven/Range, Refrigerator, Washer, Dryer
  • Has Basement: Daylight, Recreation/Game Room, Workshop, Exterior Entry, Interior Entry, Washer/Dryer Hook-up, Finished Bath
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Doors-Insulated
  • Fireplace Features: Wood Burning, Stone
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Some Hardwoods, Ceramic Tile, Laminate
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), In-law Quarters, Living/Dining Room, Primary w/Ensuite, Primary on Main Level, New Kitchen, Pantry, Sunroom, Walk-In Closet(s), In-Law Floorplan
  • Main Level Bathrooms: 2
  • Window Features: Insulated Windows
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Adjoins USFS, Elevation over 3000, Private, Rolling, City Lot
  • View: View Year Round, Water
  • View: Yes
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Stone
  • Other Structures: Storage Building/Shed
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage-Single Attached, Garage-Single in Basement, Other Garage-See Remarks, Paved Driveway

Utilities

  • Laundry Features: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Propane, Space Heater/Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Gas Company: Propane Tank: None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 414691.2
  • Parcel #: 7449035692

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3952.86
  • Tax Book Number: M-37

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: Carolina Smokies Association 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 Properties

(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.

Douglas' Other Listings

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    $825,000

    • 2 Beds
    • 3.5 Baths
    • 2,063 Sq Ft
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    • Highlands, NC

    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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  • Lot 10 Ravenel Ridge Rd Unit 10, Highlands, NC 28741

    $788,000

    • Land
    • 1.98 Acres
    • $397,980 per Acre
    • Lot 10 Ravenel Ridge Rd
    • Unit 10
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    Nestled within the exclusive gated community, Ravenel, this mountain lot spans approximately 1.98 acres, offering a rare opportunity to own a piece of tranquility just moments away from the charming downtown of Highlands, NC. The lot's unique positioning on a bend in the road creates a dynamic topography: elevations ranging up to an impressive 4100' where there is a potential for a long-range

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  • Lot 10 Ravenel Ridge Rd, Highlands, NC 28741

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    • $397,980 per Acre
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    Nestled within the exclusive gated community, Ravenel, this expansive mountain lot spans approximately 1.98 acres, offering a rare opportunity to own a piece of tranquility just moments away from the charming downtown of Highlands, NC. The lot's unique positioning on a bend in the road creates a dynamic topography, with elevations ranging up to an impressive 4100 feet where there is a potential

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  • 48 Bear Foot Ln, Highlands, NC 28741

    $1,395,000

    • 3 Beds
    • 3.5 Baths
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    Luxury meets mountain serenity and panoramic views.This home now features a newly added in 2025 a four-season den and an expansive back deck—offering breathtaking views of Satulah, Brushy Face, and Holt Knob mountains. Experience elevated mountain living in this beautifully renovated 3-bedroom, 3.5-bath home where comfort, style, and thoughtful design come together. Meticulously updated with

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  • 88 Lost Trail Unit 143, Highlands, NC 28741

    $2,200,000 New Construction

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    • Unit 143
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  • 88 Lost Trail, Highlands, NC 28741

    $2,200,000 New Construction

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    Your Luxury Mountain Retreat in Cullasaja Club – New Construction!We enlarged the house added a four-season den with fireplace and a larger rear deck. Anticipated Completion: July 2025Live the lifestyle you've dreamed of at Cullasaja Club—where refined living meets mountain serenity in one of Highlands' most exclusive private communities. This stunning new construction home is

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  • 140 Lost Trail, Highlands, NC 28741

    $1,800,000

    • 3 Beds
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    Nestled in the prestigious gated Cullasaja Club, this elegant mountain home offers comfort, luxury, and natural beauty. With three bedrooms and a smart floor plan, it's an ideal retreat in the heart of Highlands, NC. The updated kitchen features high-end appliances and modern finishes, flowing into a grand living room with vaulted ceilings, rich wood floors, accent beams and stone fireplace. The

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  • 140 Lost Trail Unit 145, Highlands, NC 28741

    $1,800,000

    • 3 Beds
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    • 140 Lost Trail
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    Nestled in the prestigious gated Cullasaja Club, this elegant mountain home offers comfort, luxury, and natural beauty. With three bedrooms and a smart floor plan, it’s an ideal retreat in the heart of Highlands, NC. The updated kitchen features high-end appliances and modern finishes, flowing into a grand living room with vaulted ceilings, rich wood floors, accent beams and stone fireplace. The

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  • 108 W View Way, Highlands, NC 28741

    $2,800,000

    • 4 Beds
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    • 108 W View Way
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    Live Elevated: Luxury Mountain Living Awaits at Cullasaja ClubSearching for mountain views and a lifestyle to match? Welcome to your next home in the prestigious Cullasaja Club—a rare opportunity to own a beautifully reimagined mountain retreat in one of Highlands’ most exclusive gated communities.Perched on a peaceful, wooded lot with sweeping western-facing views, this home offers front-row

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Source: Carolina Smokies Association of REALTORS®

MLS Number: 26041531

APN: 7449035692