Skip main navigation
Active
    • Price cut: $225K (7/2)
    $3,975,000

    20218 Rainbow Cir, Cornelius, NC 28031

    7beds
    7,895sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2022
    0.69 Acres Lot
    $3,744,900 Zestimate®
    $503/sqft
    $-- HOA

    What's special

    Designer finishesEnclosed sunroom with fireplaceFrench white oak flooringOversized quartzite islandBeautifully fenced backyardDual laundry roomsFive additional bedrooms
    Modern luxury meets effortless lakeside living in this exceptional Lake Norman retreat. Framed by breathtaking water views and a private outdoor oasis, this architectural masterpiece blends contemporary sophistication with timeless craftsmanship. The exterior showcases reclaimed barn wood sourced from historic barns across North Carolina, creating a warm organic contrast to the home's sleek modern design. A striking steel front door opens to an expansive open-concept interior where French white oak flooring flows seamlessly throughout. Every detail has been thoughtfully curated—from the designer finishes to the impeccable functionality. The main level features an elegant owner's suite with a spa-inspired ensuite, a private fitness studio complete with traditional and infrared saunas, a dedicated office/flex space, full bath, and an entertaining bonus room highlighted by custom swinging barstools. Upstairs, five additional bedrooms and a second bonus space offer refined comfort with a sophisticated, functional layout designed for modern living. At the heart of the home, the chef's kitchen is a true showpiece featuring premium Thermador appliances, an oversized quartzite island, and a fully equipped scullery designed for effortless entertaining. Dual laundry rooms add everyday convenience without compromising luxury. Step outside and discover a resort-style outdoor living experience. The enclosed sunroom with fireplace overlooks the beautifully fenced backyard and an impressive oversized saltwater pool with integrated hot tub, creating the perfect setting for relaxation and entertaining. Whether enjoying a peaceful morning swim, unwinding in the spa at sunset, or hosting guests poolside, this private retreat captures the essence of luxury living. The outdoor space also includes a custom separate fenced dog run with artificial turf, ensuring every member of the household is thoughtfully accommodated. Two tankless water heaters and countless additional upgrades further elevate this remarkable residence. This home is a statement of contemporary elegance, exceptional craftsmanship, and elevated luxury living.
    34 days
    |
    1,054
    |
    59
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Miller rmiller@luxe-legacy.com,

    Luxe Legacy Partners LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4387051MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 6
      • Full bathrooms: 6
      • Main level bedrooms: 2
      Primary bedroom
      • Features: Ceiling Fan(s), Central Vacuum, En Suite Bathroom, Garden Tub, Vaulted Ceiling(s), Walk-In Closet(s)
      • Level: Main
      Bedroom s
      • Features: Central Vacuum, Vaulted Ceiling(s)
      • Level: Main
      Bedroom s
      • Features: Attic Walk In, Ceiling Fan(s), Central Vacuum, En Suite Bathroom, Walk-In Closet(s)
      • Level: Upper
      Bedroom s
      • Features: Central Vacuum, En Suite Bathroom, Walk-In Closet(s)
      • Level: Upper
      Bedroom s
      • Features: Central Vacuum, En Suite Bathroom, Walk-In Closet(s)
      • Level: Upper
      Bedroom s
      • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
      • Level: Upper
      Bedroom s
      • Features: Central Vacuum, En Suite Bathroom, Walk-In Closet(s)
      • Level: Upper
      Bathroom full
      • Features: Built-in Features, Garden Tub, Vaulted Ceiling(s), Walk-In Closet(s)
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Upper
      Bathroom full
      • Level: Upper
      Bathroom full
      • Level: Upper
      Bathroom full
      • Level: Upper
      Other
      • Features: Walk-In Closet(s)
      • Level: Upper
      Bonus room
      • Features: Ceiling Fan(s), Central Vacuum, Vaulted Ceiling(s)
      • Level: Main
      Dining area
      • Features: Central Vacuum, Open Floorplan
      • Level: Main
      Exercise room
      • Features: Ceiling Fan(s), Central Vacuum, Sauna
      • Level: Main
      Kitchen
      • Features: Central Vacuum, Kitchen Island, Open Floorplan, Walk-In Pantry
      • Level: Main
      Laundry
      • Features: Built-in Features
      • Level: Main
      Laundry
      • Features: Built-in Features
      • Level: Upper
      Living room
      • Features: Central Vacuum, Open Floorplan, Vaulted Ceiling(s)
      • Level: Main
      Sunroom
      • Features: Ceiling Fan(s)
      • Level: Main
      Heating
      • Central, Forced Air, Natural Gas, Fireplace(s)
      Cooling
      • Ceiling Fan(s), Central Air, Electric, Multi Units
      Appliances
      • Included: Bar Fridge, Dishwasher, Disposal, Double Oven, Exhaust Hood, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Refrigerator with Ice Maker, Tankless Water Heater, Wall Oven, Washer/Dryer, Wine Refrigerator
      • Laundry: Electric Dryer Hookup, Inside, Laundry Chute, Main Level, Upper Level
      Features
      • Built-in Features, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Sauna, Walk-In Closet(s), Walk-In Pantry
      • Flooring: Carpet, Wood
      • Doors: French Doors, Pocket Doors, Sliding Doors
      • Windows: Insulated Windows
      • Has basement: No
      • Attic: Walk-In
      • Fireplace features: Family Room, Gas, Gas Vented, Living Room, Primary Bedroom
      Interior area
      • Total structure area: 7,895
      • Total interior livable area: 7,895 sqft
      • Finished area above ground: 7,895
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway, Electric Vehicle Charging Station(s), Attached Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side, Garage on Main Level
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Rear Porch, Screened
      • Exterior features: In-Ground Irrigation
      • Pool features: Fenced, Heated, In Ground, Pool/Spa Combo, Salt Water
      • Has spa: Yes
      • Fencing: Back Yard,Fenced,Privacy,Wood
      • Has view: Yes
      • View description: Water, Year Round
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Boat Ramp – Community, Dock
      • Body of water: Lake Norman
      Lot
      • Size: 0.69 Acres
      • Features: Corner Lot, Level, Wooded, Views
      Details
      • Parcel number: 00170204
      • Zoning: GR
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Modern
      • Property subtype: Single Family Residence
      Materials
      • Brick Full, Glass, Wood
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 2022
      Details
      • Builder name: BAAS Construction

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City
      • Utilities for property: Electricity Connected, Satellite Internet Available, Wired Internet Available

      Community & HOA

      Community
      • Features: Lake Access, Street Lights
      • Security: Security System, Smoke Detector(s)
      • Subdivision: Biscayne Park
      Location
      • Region: Cornelius

      Financial & listing details

      • Price per square foot: $503/sqft
      • Tax assessed value: $2,382,690
      • Date on market: 6/11/2026
      • Cumulative days on market: 34 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Concrete, Paved

        Estimated market value

        $3,744,900

        $3.56M - $3.93M

        $8,607/mo

        Price history

        DateEventPrice
        7/2/2026Price change$3,975,000-5.4%$503/sqft
        Source: Canopy MLS as distributed by MLS GRID #4387051 Report a problem
        6/11/2026Listed for sale$4,200,000+15.5%$532/sqft
        Source: Canopy MLS as distributed by MLS GRID #4387051 Report a problem
        6/10/2024Sold$3,637,500-1.7%$461/sqft
        Source: Canopy MLS as distributed by MLS GRID #4082378 Report a problem
        4/12/2024Pending sale$3,700,000$469/sqft
        Source: Canopy MLS as distributed by MLS GRID #4082378 Report a problem
        3/26/2024Price change$3,700,000-3.9%$469/sqft
        Source: Canopy MLS as distributed by MLS GRID #4082378 Report a problem
        3/1/2024Listed for sale$3,850,000-8.3%$488/sqft
        Source: Canopy MLS as distributed by MLS GRID #4082378 Report a problem
        2/10/2024Listing removed--
        Source: Canopy MLS as distributed by MLS GRID #4082378 Report a problem
        12/1/2023Listed for sale$4,200,000+2000%$532/sqft
        Source: Canopy MLS as distributed by MLS GRID #4082378 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        2/21/2020Sold$200,000$25/sqft
        Source: Public Record Report a problem
        11/15/2019Pending sale$200,000$25/sqft
        Source: Owner Report a problem
        7/13/2019Listed for sale$200,000+32%$25/sqft
        Source: Owner Report a problem
        4/9/2015Listing removed$151,500$19/sqft
        Source: Buyer's Choice Realty #3074373 Report a problem
        4/1/2015Listed for sale$151,500$19/sqft
        Source: Buyer's Choice Realty #3074373 Report a problem
        12/6/2014Listing removed$151,500$19/sqft
        Source: Buyer's Choice Realty #3010957 Report a problem
        6/6/2014Listed for sale$151,500$19/sqft
        Source: Buyer's Choice Realty #3010957 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $2,382,690
        2024$15,685 +1.6%$2,382,690
        2023$15,441 +81.9%$2,382,690 +138.3%
        2022$8,488 $999,900 +669.2%
        2021-- $130,000
        2020-- $130,000
        2019$1,091 +68.6%$130,000 +116.7%
        2018$647 +0.7%$60,000
        2017$642 $60,000
        2016$642 $60,000
        2015$642 +1.4%$60,000
        2014$633 --
        2013-- $60,000
        2012-- $60,000
        2011-- $60,000 +33.3%
        2010-- $45,000
        2009-- $45,000
        2008-- $45,000
        2007-- $45,000
        2006-- $45,000
        2005-- $45,000
        2004-- $45,000
        2003-- $45,000 +28.6%
        2002-- $35,000
        2001-- $35,000
        2000-- $35,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 28031

        Getting around

        1 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Cornelius Topics

                Search
                Updates
                Favorites
                Plan
                Inbox