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Closed

42 Rainbow Lake Circle

Black Mountain, NC 28711

Closed Closed Nov 10, 2020 Listing ID CAR 68456263

$186,900

$358/Sq Ft

Sold

2 bd · 2 ba · 522 sqft · $358/sqft

2 Beds
2 Baths
522 Sq Ft
$358/Sq Ft
1971 Built
.85 acres Single Family Residence Rainbow Lake Listed Oct 19, 2020 Updated Apr 2, 2021 HOA None

About This Home

***GREAT INCOME POTENTIAL*** Mountain get-away, bug-out location, or fully operational rental business with two furnished cabins on nearly one acre in Black Mountain. Cloistered around picturesque Rainbow Lake and a one mile walk to world class hiking trails at Chimney Rock Park's Eagle Rock. Scenic drive to Black Mountain, Lake Lure Beach, Chimney Rock Village, and all that Hendersonville and Asheville have to offer.

Seclusion and privacy without sacrificing convenience. Hard to get to and harder to leave! Move-in or rental ready on closing day.

DO NOT miss out on this great opportunity!! Owner is willing to consider **partial** owner financing with the right offer. Total BR & BA numbers includes the extra cottage per MLS rules.

Total area of both homes combined is 990 sq ft with the upper cottage having 468 sq ft

Property Details

Interior Details

Heating
  • Baseboard
  • Electric
Flooring
  • Laminate
Sqftmain
438
Roomcount
11
Sqftlower
0
Sqftother
0
Sqftthird
0
Sqftupper
84
Sqftgarage
0
Bedroommain
1
Fullbathmain
1
Halfbathmain
0
Half Bathrooms
0
Bedroomsecondlq
1
Total Bathrooms
2
Fullbathsecondlq
1
Halfbathsecondlq
0
Laundry Features
  • Main Level
Sqftunheatedmain
0
Interior Features
  • Pantry
Mainlevelgarageyn
0
Sqftunheatedlower
0
Sqftunheatedthird
0
Sqftunheatedtotal
0
Sqftunheatedupper
0
Sqfttotalpropertyhla
990
Sqftunheatedbasement
0
Sqftsecondlivingquarters
0
Sqftsecondlivingquartershla
468

Dwelling And Structure

Architectural Style
  • A-Frame

Square Footage And Levels

Levels
  • One and One Half
Living Area Units
Square Feet
Above Grade Finished Area
522
Below Grade Finished Area
0

Parking And Garage

Parking Features
  • Driveway

Exterior Features

Roof
  • Metal
Construction Materials
  • Vinyl
  • Wood
Patio And Porch Features
  • Deck

Lot And Land

Lot Size
0.85
Lot Features
  • Private
  • Sloped
  • Wooded
  • Wooded
Lot Size Units
Acres

Basement And Foundation

Foundation Details
  • Pillar/Post/Pier

Waterfront And View

View
  • Winter

Utilities

Sewer
  • Septic Installed
Water Source
  • Well

Financial Information

Citytaxespaidto
No City Taxes Paid
Hoasubjecttodues
No
Proposedspecialassessmentyn
0

Zoning And Restrictions

Zoningspecification
O U

Listed by John Lynn (828-674-7307) · Keller Williams Realty Mountain Partners (828-290-1000)

Location

Address
42 Rainbow Lake Circle
City
Black Mountain, NC 28711
Community
Rainbow Lake
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Schools

Elementary
Black Mountain
Middle
Charles D Owen
High
Charles D Owen

School assignments may change. Contact the school district to confirm.

Canopy MLS

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