Skip To Content

42 Rainbow Lake Circle

Black Mountain, NC 28711
  • $340,000
  • STATUS: Active Under Contract
  • ON SITE: 85 Days
  • ID#: 3900418
Under Contract
UPDATED: 70 min ago
$340,000
  • 2
    BEDS
  • 0.85
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 844
    SQFT
  • $403
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1971
County:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Exp Realty Llc Asheville: 888-584-9431. Copyright 2022 Canopy MLS. All rights reserved.

Description

Investors take note! Two homes on Rainbow Lake Circle in Black Mountain are both successful short-term vacation rentals (grossed $63K in 2021) and close to the amenities of Chimney Rock and Lake Lure. These homes come fully furnished and all future bookings will convey. This turn-key investment is ready to move in. Just one mile from Chimney Rock Park's Eagle Rock and a short drive to Asheville, Hendersonville, Black Mountain, and Lake Lure. You and your guests will enjoy soaking in the hot tub in the private seclusion of the trees. Come make your dreams of mountain living a reality!

Monthly Payment Calculator



MLS Grid logo Based on information submitted to the MLS GRID as of 2022-12-01T23:33:19.58 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Stephen Cooley Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.

Digital Millennium Copyright Act
www.stephencooley.com/homes/132875740
Print Image

42 Rainbow Lake Circle Black Mountain, NC 28711

  • Price: $340,000
  • Status: Active Under Contract
  • On Site: 85 Days
  • Updated: 70 min ago
  • ID#: 3900418
2
Beds
2
Baths
0
½ Baths
0.85
Acres
844
SQFT
$403
$/SQFT
1971
Built
Neighborhood:
Rainbow Lake
County:
Buncombe
Area:
Black Mountain
Elementary School:
Black Mountain
Middle School:
Charles D Owen
High School:
Charles D Owen
Property Description
Investors take note! Two homes on Rainbow Lake Circle in Black Mountain are both successful short-term vacation rentals (grossed $63K in 2021) and close to the amenities of Chimney Rock and Lake Lure. These homes come fully furnished and all future bookings will convey. This turn-key investment is ready to move in. Just one mile from Chimney Rock Park's Eagle Rock and a short drive to Asheville, Hendersonville, Black Mountain, and Lake Lure. You and your guests will enjoy soaking in the hot tub in the private seclusion of the trees. Come make your dreams of mountain living a reality!
Exterior Features

Architectural Style A-Frame Construction Materials Vinyl SidingWood Siding Construction Type Site Built Foundation Details Pier & Beam Garage Square Footage 0 Lot Features Mountain ViewPrivateSlopedWoodedWinter ViewWooded Main Level Garage YN No Parking Features Driveway Porch Deck Road Responsibility Private Maintained Road Road Surface Type Dirt Roof Metal Structure Type One And A Half Story Waterfront Features None

Interior Features

Appliances Ceiling Fan(S)DryerElectric RangeMicrowaveOvenRefrigeratorWasher Below Grade Finished Area 0 Building Area Total 844 Fireplace Features Living RoomOther Fireplace YN Yes Flooring Laminate Heating BaseboardWindow Unit(S) Interior Features Hot TubPantry Laundry Features Main Level Lower Square Feet 0 Main Square Feet 420 Rooms Main (Bathroom(s)) Main (Bedroom(s)) Main (Den) Main (Dining Area) Main (Kitchen) Main (Laundry) Main (Loft) Second Living Quarters (2nd Living Quarters) Second Living Quarters (Bedroom(s)) Second Living Quarters (Sitting) Sq Ft Unheated Basement 0 Sq Ft Unheated Lower 0 Sq Ft Unheated Main 0 Sq Ft Unheated Third 0 Sq Ft Unheated Total 0 Sq Ft Unheated Upper 0 Sq Ft Upper 96 Third Square Feet 0 Water Heater Electric

Property Features

Assumable YN No CCRSubject To No Community Features None Elevation 3000 Hoa Subject To None HOASubject To Dues No Listing Terms CashConventional New Construction YN No Property Sub Type Single Family Residence Restrictions No RestrictionsShort Term Rental Allowed Second Living Quarters HLA 328 Sewer Septic Installed Special Listing Conditions None Water Source Well Zoning Description Ou



MLS Grid logo Based on information submitted to the MLS GRID as of 2022-12-01T23:33:19.58 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Stephen Cooley Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_1_3900418-1.jpg https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_1_3900418-1.jpg https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_1_3900418-1.jpg
Logo
Stephen Cooley Real Estate
1560 Ebenezer Road
Rock Hill SC, 29732
Canopy MLS logo Offered by Exp Realty Llc Asheville: 888-584-9431. Copyright 2022 Canopy MLS. All rights reserved.