Nestled in the highly desirable Biscayne Park community, this beautifully maintained 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and Lake Norman living. Boasting a thoughtfully designed floor plan, this home has been exceptionally well cared for and is truly move-in ready. Bright, inviting living spaces and meticulous attention to detail make it easy to feel at home from the moment you step inside.
One of Biscayne Park’s most sought-after features is its picturesque waterfront setting, where residents enjoy beautiful views of Lake Norman along with access to a community lake lot—perfect for soaking in the lakeside lifestyle. Located in the heart of Cornelius, you’ll be just minutes from premier shopping, local boutiques, popular restaurants, entertainment, parks, and everything this vibrant lakeside town has to offer. Whether you’re searching for your first home, looking to downsize, or simply wanting to enjoy one of Lake Norman’s most desirable communities, this home is a must-see!
Closed
$620,000
20118 Rainbow Cres, Cornelius, NC 28031
3beds
1,833sqft
Single Family Residence
Built in 1989
0.48 Acres Lot
$619,900 Zestimate®
$338/sqft
$3,077 Estimated rent
Home value
$619,900
$583,000 - $657,000
$3,077/mo
Zestimate® history
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$3,723/mo
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List your homeWhat's special
Picturesque waterfront settingBright inviting living spacesThoughtfully designed floor plan
Zillow last checked:
Listing updated:
Listed by:
Tyler Grossnickle Tyler.Grossnickle@allentate.com,
Howard Hanna Allen Tate Mooresville/LKN
Bought with:
Nitin Aggarwal
Nitro Realty Group LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4404305
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Dining area
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Oven
- Laundry: Laundry Room, Main Level
Features
- Built-in Features, Soaking Tub, Open Floorplan
- Flooring: Carpet, Tile
- Windows: Skylight(s)
- Has basement: No
- Attic: Pull Down Stairs
- Fireplace features: Living Room
Interior area
- Total structure area: 1,833
- Total interior livable area: 1,833 sqft
- Finished area above ground: 1,833
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Enclosed, Front Porch, Porch, Rear Porch, Screened, Side Porch, Wrap Around
- Fencing: Fenced,Back Yard
- Has view: Yes
- View description: Water, Year Round
- Has water view: Yes
- Water view: Water
- Waterfront features: Paddlesport Launch Site, Paddlesport Launch Site - Community
- Body of water: Lake Norman
Lot
- Size: 0.48 Acres
- Features: Level, Private, Wooded, Views
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: 00170208
- Zoning: GR
- Special conditions: Standard
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick Partial, Vinyl, Wood
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Septic Installed
- Water: City
- Utilities for property: Cable Available, Cable Connected, Electricity Connected, Wired Internet Available
Community & HOA
Community
- Subdivision: Biscayne Park
HOA
- Has HOA: Yes
Location
- Region: Cornelius
Financial & listing details
- Price per square foot: $338/sqft
- Tax assessed value: $481,800
- Date on market: 7/16/2026
- Cumulative days on market: 14 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Sold | $620,000-4.6%$338/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4404305 Report a problem | ||
| 7/16/2026 | Listed for sale | $650,000$355/sqft |
Source: Canopy MLS as distributed by MLS GRID #4404305 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $481,800 |
| 2024 | -- | $481,800 |
| 2023 | -- | $481,800 +87% |
| 2022 | -- | $257,700 |
| 2021 | -- | $257,700 |
| 2020 | -- | $257,700 |
| 2019 | $2,195 +11.7% | $257,700 +43.3% |
| 2018 | $1,966 +1.1% | $179,800 |
| 2017 | $1,946 | $179,800 |
| 2016 | $1,946 | $179,800 |
| 2015 | $1,946 +1.7% | $179,800 |
| 2014 | $1,913 | -- |
| 2013 | -- | $179,800 -0.4% |
| 2012 | -- | $180,500 |
| 2011 | -- | $180,500 +14.7% |
| 2010 | -- | $157,300 |
| 2009 | -- | $157,300 |
| 2008 | -- | $157,300 |
| 2007 | -- | $157,300 |
| 2006 | -- | $157,300 |
| 2005 | -- | $157,300 |
| 2004 | -- | $157,300 |
| 2003 | -- | $157,300 +9.1% |
| 2002 | -- | $144,160 |
| 2001 | -- | $144,160 |
| 2000 | -- | $144,160 |
Find assessor info on the county website
Neighborhood: 28031
Nearby homes
- $520,0003 bd2 ba1k sqft20126 Rainbow Cres, Cornelius, NC 28031Sold
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- $943,0003 bd3 ba2.9k sqft20110 Rainbow Cir, Cornelius, NC 28031Off Market
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- $2,575,0005 bd6 ba4.8k sqft20200 Rainbow Cir, Cornelius, NC 28031Sold
- $758,0003 bd3 ba2.9k sqft20123 Rainbow Cres, Cornelius, NC 28031Off Market
Nearby schools
GreatSchools rating
- 6/10Cornelius ElementaryGrades: K-5Distance: 2.5 mi
- 10/10Bailey Middle SchoolGrades: 6-8Distance: 4.1 mi
- 7/10William Amos Hough HighGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: Cornelius
- Middle: Bailey
- High: William Amos Hough
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$619,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$619,900
- North Carolina
- Mecklenburg County
- Cornelius
- 28031
- 20118 Rainbow Cres
