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44 Rainbow Rd, Highlands, NC, 28741

$1,099,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
3 Full Baths
House

Location

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44 Rainbow Rd, Highlands$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Garage
Garage1 space
Year Built1984
HeatingExhaust Fan, Central
BasementYes
WaterfrontStream
FireplaceLiving Room
ViewCreek/Stream, Trees/Woods
MLS #106489
Lot Size9.52 Acres
StatusActive

About 44 Rainbow Rd

Located just 7 minutes from downtown Highlands, NC, this exceptional property offers nearly 10 acres of private, serene land bordering Nantahala National Forest. The tranquil setting is enhanced by a spring-fed stream running the length of the property, filling the air with soothing sounds of rushing water. This property presents an incredible opportunity for a renovation project, with a three-level home featuring two bedrooms, three bonus rooms, and a cozy wood-burning fireplace. The updated kitchen and spacious lower level, which includes a garage, laundry area, and apartment, add to the home's potential. The potential for expansive garden space and lush lawns along the stream create a perfect environment for outdoor living. The upper portion of the property could be an additional homesite, or separate lot. With privacy, natural beauty, and the option for future subdivision, this property offers both a peaceful retreat and unlimited possibilities for your dream home.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1984

Listing Office:

  • Office Name: Highlands Sothebys International Realty - DT
  • Office Phone: (828) 526-8300
  • Listing Agent: Spencer Kirkpatrick

Interior Features

Interior Information:

  • Appliances: Exhaust Fan, Freezer, Refrigerator
  • Basement: Yes
  • Flooring Type: Laminate, Carpet
  • Interior: Breakfast Bar
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Stream
  • View: Creek/Stream, Trees/Woods

Parking Information:

  • Garage Space: 1 space
  • Parking: Concrete, Garage

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Wooded, City Lot, Waterfront
  • Lot Size: 9.52 Acres

Utilities

Utilities Information:

  • Heating: Exhaust Fan, Central

Other

Directions Information:

  • Directions: From Highlands, head south on 4th Street to Clear Creek Road and turn right. Then, turn right onto Rainbow Road. 44 Rainbow Road will be on your left, look for blue Sothebys sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000

Tax Information:

  • Annual Amount: $3,360
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: HighlandsCashiers
  • MLS Number: #106489

Listing Office:

  • Office Name: Highlands Sothebys International Realty - DT
  • Office Phone: (828) 526-8300
  • Listing Agent: Spencer Kirkpatrick

Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/7/2025, 11:16:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,360$554,490
2020$3,220$554,490
2019$3,207$554,490
2018$2,955$546,080
2017$2,955$546,080

History based on county public records data.

Payment Calculator

$5,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1055295
6
/10

  • Blue Ridge School

  • 95 Bobcat Dr

  • 8.27 miles

  • Public District Grades PK-6

school-card-donut-1055296
5
/10

  • South Macon Elementary School

  • 855 Addington Bridge Rd

  • 12.15 miles

  • Public District Grades PK-4

school-card-donut-1055297
5
/10

  • East Franklin Elementary School

  • 100 Watauga St

  • 14.20 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,456. Most Macon County, NC residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 44 Rainbow Rd

What is the listing price of this property?

The listing price of 44 Rainbow Rd property is $1,099,000.

What type of property is this?

The property 44 Rainbow Rd is a house located in Highlands, North Carolina, 28741.

Is this property for sale now?

Active Listing: 44 Rainbow Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,360 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 44 Rainbow Rd has 2 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 44 Rainbow Rd is 1984.

Rocket Homes›North Carolina›Macon County›Highlands›28741›44 Rainbow Rd

This home is located at 44 Rainbow Rd in Highlands, NC and zip code 28741. This home, which was built in 1984, sits on a 9.52 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 06, 2025 and is currently priced at $1,099,000.

Macon County, NC housing market in December 2024 saw over 0 listings sold above listed price, more than 5 sold at listed price and over 15 sold below. In December 2024 in Macon County, NC there were 1% less homes for sale than in November 2024. In December 2024 median list price was $742,500 and the average listing age was 179 days.

From Rocket Homes Real Estate and based on county public records data.

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