Skip to content
‹Search Features Location Pricing Similar Homes
446 Rainbow Circle, Lake Lure, NC 28746 ACTIVE 1 of 48 446 Rainbow Circle, Lake Lure, NC 28746 — photo 2 446 Rainbow Circle, Lake Lure, NC 28746 — photo 3 446 Rainbow Circle, Lake Lure, NC 28746 — photo 4 446 Rainbow Circle, Lake Lure, NC 28746 — photo 5
1 of 48
Active
$999,999 Est. $6,945/mo — Get pre-qualified
2beds 4baths 4,026sq ft 0.65acres

446 Rainbow Circle · Lake Lure, NC 28746

View map

Now offered at an incredible new price of $999,999! Nestled on the peaceful shores of Mirror Lake in Riverbend at Lake Lure, this expansive 4,000+ sq ft log cabin offers the perfect blend of relaxation, recreation, and proven income potential.

With five dedicated sleeping areas plus generous overflow space, it's ideal for large family retreats or high-performing vacation rental-having produced an impressive $171,000 in 2023. Wake up to serene lake views, spend your days fishing, swimming, kayaking or hiking right outside your door, and enjoy evenings exploring nearby Chimney Rock Village or the renowned Tryon Equestrian Center.

As Lake Lure and the surrounding Western North Carolina communities beautifully rebound and rebuild from Hurricane Helene, there has never been a better time to invest in this resilient premier destination. Whether you are seeking a lucrative investment opportunity or a personal vacation resort to gather and make lasting memories, this lakeside log home delivers an exceptional lifestyle at an unmatched value under the $1M mark.

PLEASE PROVIDE A PRE-QUALIFIED OR APPROVED LETTER OR PROOF OF FUNDS WHEN SCHEDULING SHOWING APPOINTMENTS TO LIST AGENT(S)

Features & Amenities

Living Area4,026 Sq.Ft.
Bedrooms2
Baths4
HeatingHeat Pump
CoolingHeat Pump
FlooringCarpet, Tile, Vinyl, Wood
FireplaceGas Log,Living Room,Propane,Recreation Room
AppliancesDishwasher, Dryer, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
Interior FeaturesBuilt-in Features, Garden Tub, Hot Tub, Open Floorplan, Split Bedroom, Storage, Walk-In Closet(s)
LaundryLaundry Room, Main Level
Virtual TourOpen Virtual Tour
StyleCabin
Year Built2000
ConstructionLog
RoofArchitectural Shingle
FoundationBasement
ParkingDriveway, Attached Garage
StatusActive
Lot Size0.65 Acres
Lot FeaturesBeach Front, Private, Views, Waterfront
SubdivisionRiverbend at Lake Lure
CountyRUTHERFORD
Property TypeResidential
Property SubTypeSingle Family Residence
Last UpdatedOct 9, 2026
SewerSeptic Installed
Water SourceWell
HOAYes — $650 / year
HOA ManagementTown & Country Management
Community FeaturesGated, Lake Access, Picnic Area, Walking Trails
ElementaryLake Lure Classical Academy Elementary School
MiddleLake Lure Classical Academy Middle School
HighLake Lure Classical Academy High School
Presented By: Howard Hanna Beverly-Hanks, Lake Lure; holly@beverly-hanks.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 9, 2026 Price Reduced $1,075,000 → $999,999 ▾ $75,001 (7.0%)
Dec 12, 2025 Price Change $1,250,000 —
Mar 27, 2026 Price Change $1,200,000 4
May 21, 2026 Price Change $1,175,000 3

Monthly Cost Estimate

$
%
$
%
$
$
$
Estimated Payment
— / month
Principal & Interest—
Property Taxes—
Home Insurance—
HOA Dues—

* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

Get Pre-Qualified Today

Similar Homes

Nearby Homes for Sale

Homes in Nearby Subdivisions

Homes in Nearby Zip Codes

Canopy MLS® Copyright ©2026 All rights reserved.

Based on information submitted to the MLS GRID as of Oct 9, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

33. Required DMCA Notice

DMCA Disclaimer

The Digital Millennium Copyright Act of 1998, 17 U.S.C. §512, the DMCA, provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owners behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.