$315,000
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361 Rainbow Lake Drive, Brevard, NC 28712

Listing By: Isaac Allen - White Squirrel Realty nccmls Realty.com
2 Beds
1 Bath
1,108 Sq Ft

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.

  • MLS# 4327446
  • Date Listed12/06/2025
  • Days on Realty 4 Days
  • Bedrooms 2
  • Bathrooms 1 Full baths
  • Lot Size -
  • Sewer Septic Tank
  • Subdivision Rainbow Lake
  • Property Type Single Family
  • County Transylvania
  • Year Built 1963
  • Water Well
  • Square Feet 1,108 sq. ft
  • Price Per Sq. Ft $284.3

Interior Features

  • Appliances Oven, Refrigerator
  • Flooring Wood
  • Cooling Central Air
  • Heating Forced Air

Exterior / Lot Features

  • Exterior Fire Pit, Shed(s)
  • Roof Metal
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Corner Lot, Wooded

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NC / 28712

Source: Walkscore

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 3/100.

Frequently Asked Questions for 361 Rainbow Lake Drive

Source: Realty.com

361 Rainbow Lake Drive, Brevard, NC 28712 is a Single Family 1,108 sq. ft. home listed for sale. Realty.com has 29 photos available of this 2 bed, 1 bath house, listed at $315,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 29 photos of 361 Rainbow Lake Drive.

Our records indicate that 361 Rainbow Lake Drive was built in 1963.

The full address for this home is 361 Rainbow Lake Drive, Brevard, NC 28712.

361 Rainbow Lake Drive has been listed on Realty.com since Sat December 06, 2025

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 3/100.

There are 3 schools assigned to this home. Check out the schools near 361 Rainbow Lake Drive. Rosman Elementary (Grades: PK - 5), Rosman Middle (Grades: 6 - 8), Rosman High (Grades: 9 - 12)

Listing provided courtesy of: White Squirrel Realty (tel: 828-877-3434)
Listing agent: Isaac Allen (tel: 828-553-6283) (#isa2816)

This content last refreshed on 2025-12-10 20:00:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 361 Rainbow Lake Drive, Brevard, NC 28712 : MLS# 4327446