Single Family Residence at 446 Rainbow Circle, Lake Lure
wake up to the breathtaking beauty of the morning mist - 446 Rainbow Circle, Lake Lure
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One of the three fireplaces that the home has. Ideal for chilling evenings - 446 Rainbow Circle, Lake Lure
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One of two primary suites - 446 Rainbow Circle, Lake Lure
Lower level primary suite - 446 Rainbow Circle, Lake Lure
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Setting room off of the lower level primary suite - 446 Rainbow Circle, Lake Lure
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Loft area for additional guests or quite time - 446 Rainbow Circle, Lake Lure
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Upper level primary bedroom suite - 446 Rainbow Circle, Lake Lure
Another view of upper level bedroom suite with electric fireplace - 446 Rainbow Circle, Lake Lure
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Bath off of upper level suite - 446 Rainbow Circle, Lake Lure
Entertainment room in lower level - 446 Rainbow Circle, Lake Lure
Wood burning fireplace for those early mornings or late nights... - 446 Rainbow Circle, Lake Lure
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Soak the cares away in the hot tub - 446 Rainbow Circle, Lake Lure
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Afternoon sunsets are incredible - 446 Rainbow Circle, Lake Lure
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48 photos

$999,999

446 Rainbow Circle
Lake Lure, NC 28746
Listed by Jenn Saltouros · Howard Hanna Beverly-Hanks, Lake Lure
Bedrooms
2
Bathrooms
4
Living area
4,026 sqft
Year built
2000

About this home

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)

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4329163
Property type
Single Family Residence
Subdivision
Riverbend at Lake Lure
Status
Active
Days on market
276
On market date
December 12, 2025
Stories
N/A
Total bathrooms
4
Garage spaces
2
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
9.59 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
13.61 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
11.69 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 276 days -- 41 more days than Lake Lure's current average of 235 days.
For reference, the median list price across 409 active listings in Lake Lure right now is $114,900.

Mortgage calculator

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

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Est. monthly payment
$6,172/mo
$200,000 down
$799,999 loan
Principal & interest$5,189
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 14, 2026.

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.