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  • Price cut: $50K (12/3)
    $950,000

    1029 Rainbow Cir, Lake Lure, NC 28746

    4beds
    2,847sqft
    : 
    Single Family Residence
    Built in 2015
    0.8 Acres Lot
    $909,000 Zestimate®
    $334/sqft
    $54/mo HOA

    What's special

    Private dockDiscreetly placed hot tubLarge open kitchenExpansive decksWall of windowsWater slideSoaring riverstone gas fireplace
    Stunning log cabin in Riverbend at Lake Lure offers mountain vibes and breathtaking views of Little Mirror Lake. The main level features a sunny 2 story great room with a wall of windows, soaring riverstone gas fireplace, large open kitchen, primary bedroom suite with full bath, and a 1/2 bath in the common area. Upstairs, includes a lofted sitting area with views, 2 bedrooms and full guest bath. The lower level offers a large open entertainment space with table tennis and billiards, second primary bedroom w/ en-suite, a communal 1/2 bathroom and laundry. Both levels offer seamless indoor/outdoor living with expansive decks, a discreetly placed hot tub for ultimate relaxation and thoughtfully designed spaces leading to the lakefront, with private dock and water slide! Active short term rental and turnkey opportunity! Fully furnished and ready for your next adventure with acceptable offer. Material fact sheet is available, Contact for a private showing today!
    101 days
    |
    1,397
    |
    68
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 03, 2025 at 01:15pm

    Listing Provided by:

    Galen Walter 828-329-9213,

    LPT Realty, LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4294592MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: Main
    Bedroom s
    • Level: Upper
    Bedroom s
    • Level: Upper
    Bathroom full
    • Level: Main
    Bathroom half
    • Level: Main
    Bathroom full
    • Level: Upper
    Bathroom full
    • Level: Basement
    Bathroom half
    • Level: Basement
    Other
    • Features: Walk-In Closet(s)
    • Level: Basement
    Other
    • Level: Lower
    Dining area
    • Level: Main
    Family room
    • Level: Basement
    Other
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Basement
    Other
    • Level: Upper
    Heating
    • Heat Pump
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Electric Range, Microwave, Refrigerator with Ice Maker
    • Laundry: In Basement, Lower Level
    Features
    • Basement: Daylight,Finished,Walk-Out Access
    • Fireplace features: Gas Log, Great Room
    Interior area
    • Total structure area: 1,850
    • Total interior livable area: 2,847 sqft
    • Finished area above ground: 1,850
    • Finished area below ground: 997

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Stories: 1.5
    • Patio & porch: Balcony, Covered, Deck, Porch, Rear Porch, Wrap Around
    • Has spa: Yes
    • Spa features: Heated
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach - Public, Paddlesport Launch Site - Community, Dock, Other - See Remarks, Waterfront
    • Body of water: Little Mirror Lake
    Lot
    • Size: 0.8 Acres
    • Features: Sloped, Wooded, Views
    Details
    • Parcel number: 1611740
    • Zoning: Single Family RES
    • Special conditions: Undisclosed,None
    • Other equipment: Fuel Tank(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin
    • Property subtype: Single Family Residence
    Materials
    • Log, Wood
    Condition
    • New construction: No
    • Year built: 2015

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: Well
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Lake Access, Pond, Recreation Area, Walking Trails
    • Subdivision: Riverbend at Lake Lure
    HOA
    • Has HOA: Yes
    • HOA fee: $650 annually
    • HOA name: Town & Country Management
    • HOA phone: 864-450-9188
    Location
    • Region: Lake Lure
    • Elevation: 1500 Feet

    Financial & listing details

    • Price per square foot: $334/sqft
    • Tax assessed value: $655,100
    • Annual tax amount: $3,478
    • Date on market: 9/1/2025
    • Cumulative days on market: 101 days
    • Listing terms: Cash,Conventional,Other - See Remarks
    • Electric utility on property: Yes
    • Road surface type: Concrete, Paved
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $909,000

    $864,000 - $954,000

    $3,824/mo

    Price history

    Price history
    DateEventPrice
    12/3/2025Price change$950,000-5%$334/sqft
    Source: Canopy MLS as distributed by MLS GRID #4294592 Report a problem
    9/1/2025Listed for sale$1,000,000+29%$351/sqft
    Source: Canopy MLS as distributed by MLS GRID #4294592 Report a problem
    12/3/2021Sold$775,000+3.3%$272/sqft
    Source: Canopy MLS as distributed by MLS GRID #3794037 Report a problem
    10/13/2021Contingent$750,000$263/sqft
    Source: Canopy MLS as distributed by MLS GRID #3794037 Report a problem
    10/9/2021Listed for sale$750,000+2400%$263/sqft
    Source: Canopy MLS as distributed by MLS GRID #3794037 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$3,478 +0.1%$655,100
    2023$3,473 +13.4%$655,100 +44%
    2022$3,064 +17.6%$454,800 +16.8%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $5,339/mo
    Principal & interest
    $4540
    Property taxes
    $412
    Other costs
    $387

      Climate risks

      Neighborhood: 28746

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Pinnacle
      • Middle: R-S Middle
      • High: R-S Central

      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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