FIND YOUR POT OF GOLD AT THE END OF RAINBOW LANE!!!! Imagine falling asleep to the sound of your very own creek and waking up for a stroll around the pond to fish for lunch! This charming house sits on 1.23 acres with a separate art studio/workshop nestled in a peaceful wooded landscape. The main floor has the primary suite with an additional bedroom and full bath. The spacious open floorplan has a wrap around deck. Downstairs there is a rec room, full bath, laundry room and a bonus/bedroom. The home is located in the quiet neighborhood of Mount Mitchell Lands West. Walk a short distance to the South Toe River as well as nearby access to the South Toe River trails. The Mount Mitchel Golf Club is just minutes away, so to is the Blue Ridge Parkway. Little Switzerland is just around the corner and you can drive to Boone or Asheville in just about an hour. Don’t miss this opportunity to live in the breathtaking mountains of Western North Carolina! A portion of the lot is in a flood zone.
Closed
$318,500
97 Rainbow Ln, Burnsville, NC 28714
2beds
2,187sqft
Single Family Residence
Built in 1992
1.23 Acres Lot
$452,800 Zestimate®
$146/sqft
$2,556 Estimated rent
Home value
$452,800
$408,000 - $503,000
$2,556/mo
Zestimate® history
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Rec roomSpacious open floorplanLaundry room
Zillow last checked:
Listing updated:
Listed by:
Ginger Gregory gingergregoryrealtor@gmail.com,
Coldwell Banker Advantage,
Ember Trimble,
Coldwell Banker King
Bought with:
CC Dunn
EXP Realty LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4037622
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Basement
Bathroom full
- Level: Main
Other
- Level: Basement
Great room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Basement
Recreation room
- Level: Basement
Heating
- Forced Air, Natural Gas, Propane
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Oven, Refrigerator, Self Cleaning Oven
- Laundry: In Basement, Laundry Room
Features
- Breakfast Bar, Open Floorplan, Vaulted Ceiling(s)(s), Walk-In Closet(s)
- Flooring: Carpet, Linoleum, Wood
- Windows: Window Treatments
- Basement: Exterior Entry,Finished,Interior Entry
- Fireplace features: Great Room, Wood Burning
Interior area
- Total structure area: 1,442
- Total interior livable area: 2,187 sqft
- Finished area above ground: 1,442
- Finished area below ground: 745
Property
Parking
- Total spaces: 5
- Parking features: Attached Garage, Garage Shop, Parking Space(s), Garage on Main Level
- Attached garage spaces: 2
- Uncovered spaces: 3
- Details: (Parking Spaces: 3)
Accessibility
- Accessibility features: Two or More Access Exits
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Wrap Around
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: Pier - Community, Creek, Pond, Creek/Stream
Lot
- Size: 1.23 Acres
- Features: Flood Plain/Bottom Land, Pond(s), Private, Wooded
Details
- Additional structures: Shed(s)
- Parcel number: 074402896208.000
- Zoning: res
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Other - See Remarks
- Roof: Composition
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Sewer: Septic Installed
- Water: Community Well
- Utilities for property: Cable Available, Propane
Community & HOA
Community
- Features: Pond
- Subdivision: Mount Mitchell Lands
HOA
- Has HOA: Yes
- HOA fee: $500 annually
- HOA name: Mt. Mitchell Lands West
- HOA phone: 704-747-6332
Location
- Region: Burnsville
- Elevation: 2500 Feet
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $214,570
- Annual tax amount: $2,293
- Date on market: 7/17/2023
- Cumulative days on market: 73 days
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2023 | Sold | $318,500-8.7%$146/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4037622 Report a problem | ||
| 8/29/2023 | Price change | $349,000-12.5%$160/sqft |
Source: Canopy MLS as distributed by MLS GRID #4037622 Report a problem | ||
| 8/1/2023 | Price change | $399,000-11.1%$182/sqft |
Source: Canopy MLS as distributed by MLS GRID #4037622 Report a problem | ||
| 7/17/2023 | Listed for sale | $449,000-9.7%$205/sqft |
Source: Canopy MLS as distributed by MLS GRID #CAR4037622 Report a problem | ||
| 12/1/2022 | Listing removed | -- |
Source:  High Country AOR #238282 Report a problem | ||
| 9/1/2022 | Price change | $497,000-4.4%$227/sqft |
Source: Canopy MLS as distributed by MLS GRID #3874707 Report a problem | ||
| 6/23/2022 | Listed for sale | $520,000$238/sqft |
Source: Canopy MLS as distributed by MLS GRID #3874707 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,293 | $391,900 |
| 2024 | $2,293 +60.7% | -- |
| 2023 | $1,427 | $214,570 |
| 2022 | $1,427 | $214,570 |
| 2021 | $1,427 | $214,570 |
| 2020 | $1,427 | $214,570 |
| 2019 | $1,427 | $214,570 |
| 2018 | $1,427 | $214,570 |
| 2017 | $1,427 | $214,570 |
| 2016 | $1,427 | $214,570 -19.1% |
| 2015 | $1,427 -4.7% | $265,120 |
| 2014 | $1,498 | $265,120 |
| 2013 | -- | $265,120 |
| 2012 | -- | $265,120 |
| 2011 | -- | $265,120 |
| 2010 | -- | $265,120 |
Find assessor info on the county website
Neighborhood: 28714
Nearby homes
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Nearby schools
GreatSchools rating
- 4/10South Toe Elementary SchoolGrades: K-5Distance: 5.2 mi
- 8/10East Yancey MiddleGrades: 6-8Distance: 10.4 mi
- 5/10Mountain Heritage HighGrades: PK,9-12Distance: 12.2 mi
Schools provided by the listing agent
- Elementary: South Toe
- Middle: East Yancey
- High: Mountain Heritage
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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- North Carolina
- Yancey County
- Burnsville
- 28714
- 97 Rainbow Ln
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