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  • $550,000

    359 Rainbow Lake Dr, Brevard, NC 28712

    4beds
    1,863sqft
    Single Family Residence
    Built in 1972
    1.4 Acres Lot
    $549,900 Zestimate®
    $295/sqft
    $2,520 Estimated rent

    Home value

    $549,900

    $522,000 - $577,000

    $2,520/mo

    Zestimate® history
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    What's special

    Freestanding claw foot bathtubNew kitchen and appliances
    This beautifully remodeled mid-century retreat is hidden at the end Rainbow Lake. Think of floor to ceiling windows bathing the main floor in natural light, eco friendly engineered bamboo floors and a wood burning stove warming the winter (serviced in Feb 2026). All three bathrooms and four bedrooms, including the master ensuite, have been remodeled. Maybe you can turn one room into your office? Did you see the freestanding claw foot bathtub? New kitchen and appliances. Every window has been replaced with Pella (even the front door). For your toys or hobbies you won't find better space: a 30' x 40' free standing pole barn, with light and power. Plus, a downstairs garage and hobby room, insulated and wired to support everything from an electric vehicle to a welding machine. Updates in the last 5 years include a new dual fuel furnace and upstairs mini split. New roof in 2021. All new ceiling fans with remote controls. 6 inch gutters and downspouts, LED lighting and Lutron smart lights that are controllable from phone, new kitchen appliances, electrical upgraded to 220 volts in both garage and carport, ultra wide entry steps with large decks in front and back of house. Start your day with coffee on the back deck, see the sun filter its way through the forest trees. After work, sit on the front porch and watch the orange sunsets. Finish your evening on the screen porch and enjoy the gentle breeze.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sadie Carlson sadie@lookingglassrealty.com,

    Looking Glass Realty

    Bought with:

    Leslie Libby

    Looking Glass Realty

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4364404MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Heating
    • Central, Ductless
    Cooling
    • Central Air, Ductless
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Refrigerator with Ice Maker, Self Cleaning Oven
    • Laundry: In Kitchen, Laundry Room, Main Level, Washer Hookup
    Features
    • Flooring: Bamboo
    • Doors: French Doors, Screen Door(s), Sliding Doors
    • Windows: Insulated Windows, Skylight(s)
    • Basement: Basement Garage Door,Exterior Entry,Interior Entry,Walk-Up Access
    Interior area
    • Total structure area: 1,863
    • Total interior livable area: 1,863 sqft
    • Finished area above ground: 1,863
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached Carport, Circular Driveway, Attached Garage
    • Attached garage spaces: 1
    • Carport spaces: 2
    • Covered spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Patio & porch: Covered, Screened
    Lot
    • Size: 1.4 Acres
    Details
    • Parcel number: 8572444626000
    • Zoning: R8
    • Special conditions: Standard
    • Other equipment: Network Ready

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Wood
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: Well

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Rainbow Lake
    Location
    • Region: Brevard

    Financial & listing details

    • Price per square foot: $295/sqft
    • Tax assessed value: $406,690
    • Annual tax amount: $2,633
    • Date on market: 4/19/2026
    • Cumulative days on market: 24 days
    • Road surface type: Gravel

    Price history

    DateEventPrice
    7/1/2026Sold$550,000-3%$295/sqft
    Source: Canopy MLS as distributed by MLS GRID #4364404 Report a problem
    4/19/2026Listed for sale$567,000+24.5%$304/sqft
    Source: Canopy MLS as distributed by MLS GRID #4364404 Report a problem
    4/21/2022Sold$455,500-8.9%$244/sqft
    Source: Canopy MLS as distributed by MLS GRID #3816437 Report a problem
    1/3/2022Pending sale$500,000$268/sqft
    Source: Beverly-Hanks & Associates, Inc. #3816437 Report a problem
    1/3/2022Contingent$500,000$268/sqft
    Source: Canopy MLS as distributed by MLS GRID #3816437 Report a problem
    12/29/2021Listed for sale$500,000$268/sqft
    Source: Canopy MLS as distributed by MLS GRID #3816437 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,633 $399,630
    2024$2,633 +13.6%$399,630 +13.5%
    2023$2,318 -11.1%$352,080 -10.5%
    2022$2,607 +0.8%$393,270
    2021$2,586 +9%$393,270 +15.4%
    2020$2,372 -0.1%$340,810
    2019$2,375 +17.2%$340,810
    2018$2,025 +0.2%$340,810
    2017$2,021 $340,810
    2016$2,021 +27.6%$340,810 -2.9%
    2015$1,584 $350,880
    2014$1,584 $350,880
    2013-- $350,880
    2012-- $350,880
    2011-- $350,880
    2010-- $350,880
    Find assessor info on the county website

    Neighborhood: 28712

    Nearby schools

    GreatSchools rating
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    $560,898