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$315,000
New Listing

361 Rainbow Lake Drive
Brevard, NC 28712

For Sale|Single Family Residence|Active
2
Beds
1
Total Bath
1
Full Bath
1,108
SqFt
$284
/SqFt
1963
Built
Subdivision:
Rainbow Lake
County:
Transylvania

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Call Now: (203)260-7848
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(203)260-7848
361 Rainbow Lake Drive361 Rainbow Lake Drive361 Rainbow Lake Drive361 Rainbow Lake Drive
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Charming and updated, this two bedroom cottage is ready for new owners. The one level living with storage below could be a year-round or seasonal residence for you. The living room and kitchen area feels open and bright with abundant natural light flowing through the space and classic, cabin style cabinetry and counters. There is a front covered porch overlooking the front yard and gardens and a side open 10x10 sun deck and potting shed. The open level lot features an established garden area, rose garden and fire-pit area with impressive rock retaining wall. This property captures the essence of outdoor living in the mountains. This private location is only 15 minutes to downtown Brevard, less than 5 minutes to world class trout rivers on East Fork and downtown Rosman only a few miles away. The cell phone reception is two bars with Verizon and the internet speed is 82 Mbps down and 32Mbps upload, more than enough for streaming and working remotely. The home does have central heat and air with a back up propane heater that works even if the power is out. In the summer, the wooded lot offers a shaded canopy keeping you cool and in winter the sunlight pours in with southern exposure. Under the house is room to store your toys and is where the HVAC system is located. If you are looking for entry level mountain living and want a home that is move-in ready in this price range, take a serious look at what this property offers. No HOA or dues in the Rainbow Lake community.

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Listing Snapshot
Price 
$315,000
Days On Site 
0 Days
Bedrooms 
2
Inside Area (SqFt) 
1,108 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
1.45 Acres
Year Built 
1963
MLS® Number 
4327446
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
24 hours agoListing first seen on site
24 hours agoListing updated with changes from the MLS®
General Features
Levels 
One
Parking 
Circular Driveway
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Septic Tank
SqFt Above 
1108
SqFt Total 
1108
Style 
Cottage
Utilities 
Electricity ConnectedPropane
Water Source 
Well
Zoning 
None
Interior Features
Appliances 
OvenRefrigerator
Basement 
Crawl Space
Cooling 
Central Air
Flooring 
Wood
Heating 
Forced Air
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Exterior Features
Exterior 
Fire Pit
Lot Features 
Corner LotWooded
Other Structures 
Shed(s)
Patio And Porch 
CoveredFront Porch
Roof 
Metal
Community Features
Financing Terms Available 
CashConventional
Horse Property 
None
Roads 
Gravel
Schools
School District
Unknown
Elementary School
Brevard
Middle School
Brevard
High School
Brevard
Listing courtesy of White Squirrel Realty [email protected]


Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {last_incremented_at}. 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. Properties displayed may be listed or sold by various participants in the MLS. ©2025 Canopy MLS.

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Last checked - 2025-12-07 03:22 PM UTC

Neighborhood & Commute
Source: Walkscore
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