
$650,000 $355/sqft
20118 Rainbow Circle
Cornelius, NC 28031
3 bd · 2 ba · 1,833 sqft · 1989 · 8 d ago
Biscayne Park is one of Cornelius's more eclectic Lake Norman neighborhoods, with lake access, shoreline parcels, and half-acre lots shaping its identity.
Community overview based on MLS listing data for Biscayne Park, Cornelius
Biscayne Park is one of Cornelius's more eclectic Lake Norman neighborhoods, with lake access, shoreline parcels, and half-acre lots shaping its identity. The price spread is unusually broad for a compact community, running from teardown lots and original cottages to 2020s custom homes above $3 million, so the streetscape mixes long-standing lake houses with newer statement builds.
Lake access is the constant. Many homes sit on or just across the street from Lake Norman, and listings repeatedly highlight the neighborhood boat ramp, private docks, covered slips, piers, and year-round or seasonal water views. Waterfront homes make up a large share of recorded sales, and the clearest premium shows up on Rainbow Circle, where shoreline parcels and newer custom construction have produced the community's highest prices.
Lot size is the second major draw. Recorded parcels generally fall between about 19,558 and 29,185 square feet, and the neighborhood average is just over half an acre. That extra room shows up in fenced backyards, detached storage buildings, side-entry garages, expansive decks, screened porches, fire-pit areas, and rebuild opportunities that are difficult to find in many in-town Cornelius settings. Even homes without direct shoreline often market water views or a short walk to the launch.
Biscayne Park is not a clubhouse neighborhood; its shared amenity is direct access to the lake. Listings frequently reference the voluntary Biscayne Park lake association, low annual access fees, and a community boat ramp, while individual homes add their own boating infrastructure through private piers, slips, lifts, and shoreline entertaining areas. For residents who want to keep a boat, paddleboard, or kayak close to home, that setup is the defining convenience.
Inside the homes, the recurring features are practical and upgrade-driven: granite or quartz kitchens, hardwood floors, fireplaces, bonus rooms, main-level primary suites, and outdoor living spaces designed around decks or screened porches. Architecturally, the neighborhood is mixed rather than uniform, starting with 1960s and 1970s cottages and ranch homes, then layering in 1990s and 2000s custom builds plus a handful of recent luxury homes from 2022 through 2026. Exterior materials vary as well, with brick, stone, stucco, and other finishes appearing across the community.
Within Cornelius, Biscayne Park sits in the Lake Norman corridor with quick reach to West Catawba shopping and dining, Birkdale Village, Jetton Park, and I-77. Cornelius Elementary, Bailey Middle, and William Amos Hough High are the common school assignments. With no active inventory at the moment and only a handful of recent annual sales, Biscayne Park reads as a tightly held pocket where water orientation, lot size, and shoreline access continue to drive value.
Palmetto Park Realty Team · Cornelius
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47 recently sold in Biscayne Park, Cornelius
| Property | Sold | Sold Price | Days on Market | Size | Sold to Ask | Sold $/SF |
|---|---|---|---|---|---|---|
| | Dec 30 2025 | $1,188,479 | 61 | 2,210 sq ft | 99.0% | $538 |
| | Sep 11 2025 | $2,135,000 | 278 | 4,060 sq ft | 94.9% | $526 |
| | Jan 31 2025 | $520,000 | 77 | 1,030 sq ft | 99.0% | $505 |
| | Nov 26 2024 | $688,172 | 158 | 3,569 sq ft | 98.3% | $193 |
| | Jun 26 2024 | $3,050,000 | 105 | 4,100 sq ft | 92.5% | $744 |
| | Nov 9 2023 | $450,000 | 53 | 1,554 sq ft | 100.0% | $290 |
| | May 4 2023 | $675,000 | 72 | 835 sq ft | 90.1% | $808 |
| | Feb 28 2023 | $1,132,000 | 151 | 2,263 sq ft | 82.3% | $500 |
| | May 31 2022 | $620,000 | 39 | 2,031 sq ft | 103.4% | $305 |
| | Apr 29 2022 | $1,350,000 | 69 | 1,800 sq ft | 100.0% | $750 |
| | Dec 15 2021 | $1,650,000 | 46 | 3,277 sq ft | 103.4% | $504 |
| | Feb 18 2021 | $485,000 | 43 | 2,833 sq ft | 100.0% | $171 |
| | Jun 15 2020 | $300,700 | 40 | 1,562 sq ft | 97.0% | $193 |
| | Jan 31 2020 | $1,490,000 | 154 | 5,005 sq ft | 93.1% | $298 |
| | Nov 21 2019 | $685,000 | 1360 | 2,248 sq ft | 97.2% | $305 |
| | Nov 21 2019 | $685,000 | 1305 | — | 97.2% | — |
| | Oct 8 2019 | $395,000 | 82 | 2,392 sq ft | 98.8% | $165 |
| | May 3 2019 | $378,000 | 52 | 2,452 sq ft | 98.2% | $154 |
| | Aug 8 2018 | $465,000 | 141 | 3,250 sq ft | 97.9% | $143 |
| | Jul 6 2018 | $379,000 | 43 | 2,004 sq ft | 100.0% | $189 |
| | Apr 20 2018 | $272,000 | 52 | 1,580 sq ft | 100.8% | $172 |
| | Oct 27 2017 | $425,000 | 70 | 2,821 sq ft | 97.7% | $151 |
| | Aug 1 2017 | $490,000 | 75 | 2,570 sq ft | 95.1% | $191 |
| | Jan 27 2017 | $385,000 | 86 | 2,500 sq ft | 98.0% | $154 |
| | Dec 16 2016 | $382,000 | 39 | 2,635 sq ft | 98.2% | $145 |
| | Nov 29 2016 | $337,000 | 102 | 4,250 sq ft | 93.9% | $79 |
| | Oct 21 2016 | $235,000 | 56 | 1,037 sq ft | 98.3% | $227 |
| | Oct 19 2016 | $106,500 | 82 | — | 92.6% | — |
| | Sep 29 2016 | $245,000 | 49 | 1,580 sq ft | 100.0% | $155 |
| | Jun 1 2016 | $200,000 | 47 | 2,085 sq ft | 100.0% | $96 |
| | Oct 21 2015 | $370,000 | 139 | 2,821 sq ft | 97.4% | $131 |
| | Sep 3 2015 | $697,500 | 95 | 2,078 sq ft | 100.0% | $336 |
| | Mar 9 2015 | $171,500 | 46 | 1,580 sq ft | 90.3% | $109 |
| | Apr 19 2013 | $296,000 | 66 | 2,635 sq ft | 102.1% | $112 |
| | Feb 19 2013 | $430,000 | 285 | 1,920 sq ft | 95.6% | $224 |
| | Dec 27 2012 | $314,000 | 160 | 2,900 sq ft | 98.4% | $108 |
| | Oct 19 2012 | $709,000 | 184 | 3,223 sq ft | 92.2% | $220 |
| | Oct 4 2012 | $50,000 | 92 | — | 84.0% | — |
| | Sep 13 2012 | $130,000 | 233 | 1,214 sq ft | 87.2% | $107 |
| | Aug 24 2012 | $279,500 | 137 | 2,461 sq ft | 100.0% | $114 |
| | Aug 20 2012 | $930,000 | 339 | 3,460 sq ft | 93.5% | $269 |
| | Jul 20 2012 | $105,000 | 45 | 1,245 sq ft | 105.1% | $84 |
| | Jul 2 2012 | $53,000 | 98 | — | 88.5% | — |
| | Jun 25 2012 | $270,000 | 264 | 2,515 sq ft | 94.9% | $107 |
| | May 30 2012 | $329,000 | 70 | 2,500 sq ft | 100.0% | $132 |
| | May 18 2012 | $164,000 | 169 | 1,950 sq ft | 82.4% | $84 |
| | Feb 10 2012 | $466,750 | 297 | 2,482 sq ft | 95.4% | $188 |
Closed sales from MLS history for Biscayne Park, Cornelius
Below trend-line threshold — city median shown for context
The Biscayne Park real estate market shows buyer's market conditions. Homes typically sell within 84 days. With 3 active listings and 2 homes sold in the past year, buyers have more negotiating power and time to decide.
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