Nestled on 9.52 acres, this 2-bedroom home offers the perfect blend of privacy and convenience, just a 6-minute drive to downtown Highlands, NC. Adjoining USFS land and featuring a bold babbling creek running along the property, visible and audible from the sunroom, open deck, and kitchen, as well as the terraced backyard. Enjoy plenty of natural light on the main and upper levels, with a newer kitchen featuring marble counters and a breakfast bar. The lower level offers a separate guest suite with its own full kitchen, bathroom, living area, and bedroom. Rent it out long-term or use it for extra guests. Two attached single-car garages: one in the basement with a workshop area and another at the side of the home. An additional higher-elevation house site offers a chance for long-range views. While the home needs work, it offers exceptional potential for a luxurious private estate close to the resort town of Highlands. Don't wait, schedule your appointment for a private tour today!
Active
$825,000
44 Rainbow Rd, Highlands, NC 28741
2beds
2,692sqft
Est.:
Single Family Residence
Built in 1984
9.52 Acres Lot
$-- Zestimate®
$306/sqft
$-- HOA
What's special
Workshop areaFull kitchenBreakfast barLong-range viewsOpen deckNewer kitchenTerraced backyard
- 169 days |
- 517 |
- 23 |
Zillow last checked: 8 hours ago
Listing updated: October 08, 2025 at 06:48am
Listing Provided by:
Doug Treadwell doug@mountainlifere.com,
MOUNTAIN LIFE REAL ESTATE, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4279105
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: Main
Bedroom s
- Features: Walk-In Closet(s)
- Level: Upper
Bonus room
- Features: Ceiling Fan(s)
- Level: Main
Bonus room
- Features: Attic Other, Walk-In Closet(s)
- Level: Main
Kitchen
- Features: Breakfast Bar
- Level: Main
Living room
- Features: Open Floorplan
- Level: Main
Other
- Features: Storage
- Level: Upper
Sunroom
- Level: Main
Heating
- Forced Air, Propane, Other
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Refrigerator, Washer
- Laundry: In Basement
Features
- Attic Other, Breakfast Bar, Pantry, Walk-In Closet(s), Total Primary Heated Living Area: 2063
- Flooring: Carpet, Laminate, Linoleum, Tile, Wood
- Doors: Insulated Door(s), Sliding Doors
- Windows: Insulated Windows
- Basement: Apartment,Basement Garage Door,Basement Shop,Daylight,Exterior Entry,Partially Finished,Storage Space,Walk-Out Access,Walk-Up Access
- Attic: Other
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,063
- Total interior livable area: 2,692 sqft
- Finished area above ground: 2,063
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Garage Faces Front, Garage Shop, Garage on Main Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Balcony, Covered, Deck, Front Porch
- Has view: Yes
- View description: Year Round
- Waterfront features: Other - See Remarks, Creek, Waterfront
- Body of water: Creek
Lot
- Size: 9.52 Acres
- Features: Adjoins Forest, Green Area, Private, Rolling Slope, Wooded, Views
Details
- Parcel number: 7449035692
- Zoning: HR-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Traditional
- Property subtype: Single Family Residence
Materials
- Hardboard Siding
- Foundation: Permanent
- Roof: Metal
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Electricity Connected, Propane, Other - See Remarks
Community & HOA
Community
- Features: None
- Subdivision: None
Location
- Region: Highlands
- Elevation: 3500 Feet
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $979,520
- Annual tax amount: $3,953
- Date on market: 7/10/2025
- Cumulative days on market: 169 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Concrete, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2025 | Listed for sale | $825,000-15.4%$306/sqft |
Source: HCMLS #1001398 Report a problem | ||
| 7/1/2025 | Listing removed | $975,000$362/sqft |
Source: HCMLS #106489 Report a problem | ||
| 3/13/2025 | Price change | $975,000-11.3%$362/sqft |
Source: HCMLS #106489 Report a problem | ||
| 1/6/2025 | Listed for sale | $1,099,000$408/sqft |
Source: HCMLS #106489 Report a problem | ||
| 12/14/2024 | Listing removed | $1,099,000$408/sqft |
Source: BHHS broker feed #104724 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,953 +0.3% | $979,520 |
| 2023 | $3,941 +17.3% | $979,520 +76.7% |
| 2022 | $3,360 | $554,490 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,524/mo
Principal & interest
$3939
Property taxes
$296
Home insurance
$289
Climate risks
Neighborhood: 28741
Nearby schools
GreatSchools rating
- 6/10Highlands SchoolGrades: K-12Distance: 1.2 mi
- 6/10Macon Middle SchoolGrades: 7-8Distance: 12.4 mi
- 2/10Mountain View Intermediate SchoolGrades: 5-6Distance: 12.6 mi
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