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$3,975,000

20218 Rainbow Circle
Cornelius, NC 28031
Listed by Ryan Miller · Luxe Legacy Partners LLC
Bedrooms
7
Bathrooms
6
Living area
7,895 sqft
Year built
2022

About this home

Modern luxury meets effortless lakeside living in this exceptional Lake Norman retreat. Framed by breathtaking water views and a private outdoor oasis, this architectural masterpiece blends contemporary sophistication with timeless craftsmanship. The exterior showcases reclaimed barn wood sourced from historic barns across North Carolina, creating a warm organic contrast to the home's sleek modern design. A striking steel front door opens to an expansive open-concept interior where French white oak flooring flows seamlessly throughout. Every detail has been thoughtfully curated—from the designer finishes to the impeccable functionality. The main level features an elegant owner's suite with a spa-inspired ensuite, a private fitness studio complete with traditional and infrared saunas, a dedicated office/flex space, full bath, and an entertaining bonus room highlighted by custom swinging barstools. Upstairs, five additional bedrooms and a second bonus space offer refined comfort with a sophisticated, functional layout designed for modern living. At the heart of the home, the chef's kitchen is a true showpiece featuring premium Thermador appliances, an oversized quartzite island, and a fully equipped scullery designed for effortless entertaining. Dual laundry rooms add everyday convenience without compromising luxury. Step outside and discover a resort-style outdoor living experience. The enclosed sunroom with fireplace overlooks the beautifully fenced backyard and an impressive oversized saltwater pool with integrated hot tub, creating the perfect setting for relaxation and entertaining. Whether enjoying a peaceful morning swim, unwinding in the spa at sunset, or hosting guests poolside, this private retreat captures the essence of luxury living. The outdoor space also includes a custom separate fenced dog run with artificial turf, ensuring every member of the household is thoughtfully accommodated. Two tankless water heaters and countless additional upgrades further elevate this remarkable residence. This home is a statement of contemporary elegance, exceptional craftsmanship, and elevated luxury living.

Highlights

Private poolFireplace

Property details

MLS
Canopy MLS
MLS #
CAR4387051
Property type
Single Family Residence
Subdivision
Biscayne Park
Status
Active
Days on market
131
On market date
June 11, 2026
Stories
N/A
Total bathrooms
6
Garage spaces
3
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
Cornelius Elementary
2.59 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
554
Student:teacher ratio
15.0:1
District
Charlotte-Mecklenburg Schools
Middle
Bailey Middle
4.24 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
1,370
Student:teacher ratio
17.3:1
District
Charlotte-Mecklenburg Schools
High
Cato Middle College High School
18.28 mi away · Grades 11-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
166
Student:teacher ratio
41.5:1
District
Charlotte-Mecklenburg Schools

Walkability

Blended score for Cornelius'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).

32
Car-dependent
out of 100
EPA National Walkability Index
9.3 / 20 -- Below average walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 131 days -- 41 more days than Cornelius's current average of 90 days.
For reference, the median list price across 267 active listings in Cornelius right now is $425,000.

Mortgage calculator

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Est. monthly payment
$24,088/mo
$795,000 down
$3,180,000 loan
Principal & interest$20,625
Property tax (est.)$3,313
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 2 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.