Single Family Residence at 1029 Rainbow Circle, Lake Lure
Single Family Residence at 1029 Rainbow Circle, Lake Lure, photo 2 of 45
Lower Level Great/Rec Room - 1029 Rainbow Circle, Lake Lure
Single Family Residence at 1029 Rainbow Circle, Lake Lure, photo 4 of 45
Single Family Residence at 1029 Rainbow Circle, Lake Lure, photo 5 of 45
Single Family Residence at 1029 Rainbow Circle, Lake Lure, photo 6 of 45
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Single Family Residence at 1029 Rainbow Circle, Lake Lure, photo 10 of 45
Main floor powder room - 1029 Rainbow Circle, Lake Lure
Main Floor Primary Suite - 1029 Rainbow Circle, Lake Lure
Main Floor Primary Suite - 1029 Rainbow Circle, Lake Lure
Main Floor Primary Suite - 1029 Rainbow Circle, Lake Lure
Main Floor Primary Suite - 1029 Rainbow Circle, Lake Lure
Single Family Residence at 1029 Rainbow Circle, Lake Lure, photo 16 of 45
Single Family Residence at 1029 Rainbow Circle, Lake Lure, photo 17 of 45
Upper Level Open Loft - 1029 Rainbow Circle, Lake Lure
Upper Level  Guest Bedroom - 1029 Rainbow Circle, Lake Lure
Upper Level Full Bath - 1029 Rainbow Circle, Lake Lure
Upper Level Guest Bedroom/Bunkroom - 1029 Rainbow Circle, Lake Lure
Upper Level bunk room - 1029 Rainbow Circle, Lake Lure
Single Family Residence at 1029 Rainbow Circle, Lake Lure, photo 23 of 45
Lower Level Rec/ Great Room - 1029 Rainbow Circle, Lake Lure
Lower level 2nd primary suite - 1029 Rainbow Circle, Lake Lure
Lower Level 2nd Primary suite - 1029 Rainbow Circle, Lake Lure
Lower level ensuite - 1029 Rainbow Circle, Lake Lure
Lower Level 2nd Primary suite - 1029 Rainbow Circle, Lake Lure
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Riverbend - 1029 Rainbow Circle, Lake Lure
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Little Mirror Lake - 1029 Rainbow Circle, Lake Lure
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Single Family Residence at 1029 Rainbow Circle, Lake Lure, photo 45 of 45
45 photos

$924,900

1029 Rainbow Circle
Lake Lure, NC 28746
Listed by Galen Walter · LPT Realty, LLC
Bedrooms
4
Bathrooms
4
Living area
2,847 sqft
Year built
2015

About this home

Imagine waking up to breathtaking views of Little Mirror Lake from your very own log cabin retreat. Nestled in the coveted Riverbend at Lake Lure community, this stunning property is the perfect blend of rustic charm and modern comfort, and the seller is sweetening the deal with a $7,500 closing credit! Step inside and be greeted by a dramatic 2-story great room, bathed in natural light from a wall of windows, anchored by a gorgeous riverstone gas fireplace. The open kitchen is ideal for gathering, while the main-level primary suite offers a peaceful escape after a day on the water. Upstairs, a lofted sitting area with stunning views connects two additional bedrooms and a full guest bath. Head downstairs to the ultimate entertainment zone, complete with billiards and table tennis, a second primary suite with an en-suite bath, and convenient laundry facilities. Step outside to expansive decks on both levels, a tucked-away hot tub for starlit soaks, and a beautifully designed path leading to your private lakefront dock — complete with a water slide for endless summer fun! Already an active short-term rental, this fully furnished, turnkey gem is ready to generate income or simply become your family's favourite getaway. Contact us today for a private showing!

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4294592
Property type
Single Family Residence
Subdivision
Riverbend at Lake Lure
Status
Active
Days on market
375
On market date
September 1, 2025
Stories
N/A
Total bathrooms
4
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Pinnacle Elementary School
9.77 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
233
Student:teacher ratio
13.7:1
District
Rutherford County Schools
Middle
R-S Middle School
13.79 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
603
Student:teacher ratio
14.4:1
District
Rutherford County Schools
High
R-S Central High School
11.88 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
769
Student:teacher ratio
13.7:1
District
Rutherford County Schools

Walkability

Blended score for Lake Lure's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

18
Very car-dependent
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable
Google Places amenity density
3 / 100
Restaurants & cafes1
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Lake Lure, from live MLS data.

On the market 375 days -- 140 more days than Lake Lure's current average of 235 days.
For reference, the median list price across 411 active listings in Lake Lure right now is $115,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,720/mo
$184,980 down
$739,920 loan
Principal & interest$4,799
Property tax (est.)$771
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 28 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.