361 Rainbow Lake Drive
$305,000
2 bd 1 ba 1,108 sqft
361 Rainbow Lake Drive
Brevard, NC 28712
Active Under Contract
73 days on market
Property Type
Residential
Year Built
1963
Lot Size
Garage

About This Property

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, 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.

Property Details

Interior

Bedrooms
2
Bathrooms
1
Living Area
1,108 sqft

Exterior & Lot

Year Built
1963

Location

Subdivision
Rainbow Lake
County
Transylvania
ZIP Code
28712

Financial

Listing Terms
Cash, Conventional

Utilities

Utilities
Electricity Connected, Propane
Sewer
Septic Installed

Schools

Elementary
Brevard
Middle School
Brevard
High School
Brevard

Appliances

Oven, Refrigerator

Patio & Porch Features

Covered, Front Porch

Lot Features

Corner Lot, Wooded

Location

Listing Information

MLS #
CAR4327446
Listing Agent
Isaac Allen
Listing Office
White Squirrel Realty
Listed Date
Mar 16, 2026
Susan Young
Susan Young
Realtor®, Broker Associate

Contact Susan Young About This Property

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