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  • $1,895,000

    1054 Rainbow Rapids Rd, Rutherfordton, NC 28139

    4beds
    5,711sqft
    : 
    $10,736/mo
    Get pre-qualified
    Single Family Residence
    Built in 2002
    34.15 Acres Lot
    $1,769,500 Zestimate®
    $332/sqft
    $-- HOA

    What's special

    Breathtaking mountain viewsRolling pasturesRolling fieldsSweeping long-range mountain viewsNatural springWooded privacyThree en suite bedrooms
    Rare and remarkable, this one-of-a-kind custom log estate is set on 34 private acres of some of the most spectacular land in Western North Carolina. Designed with the feel of a grand mountain lodge, the property offers an exceptionally rare combination of rolling pastures, sweeping long-range mountain views and complete privacy. The property's most spectacular building sites and panoramic viewpoints remain untouched, offering endless possibilities for a family compound, additional residences or simply preserving the land's natural beauty. Located just under 20 minutes from Lake Lure and only 15 minutes from the growing city of Rutherfordton, this remarkable property offers the perfect balance of privacy and convenience. Crafted from kiln-dried timber sourced from Nova Scotia and the Pacific Northwest, the residence reflects exceptional quality and timeless mountain design. Rich Brazilian and American cherry hardwood flooring, marble and ceramic tile, handcrafted mountain laurel picket railings and striking black polished South American granite featured on the exterior walls and steps showcase the home's remarkable attention to detail and enduring craftsmanship. The home features three en suite bedrooms, providing comfort and privacy for family and guests, while multiple flexible living spaces offer endless possibilities for home offices, guest suites, recreation rooms, fitness areas or creative studios. Although the home includes several additional rooms that could accommodate sleeping arrangements, the property is served by a four-bedroom septic permit. These expansive living spaces flow effortlessly onto approximately 1,700 square feet of wraparound decking and covered porches, offering countless places to relax, entertain and enjoy the changing seasons while taking in the breathtaking mountain views. Beyond the residence, the acreage continues to impress with rolling fields, wooded privacy and multiple premier homesites positioned to capture the property's incredible mountain views. Whether envisioned as a private mountain retreat, equestrian estate, family compound or future investment opportunity, the possibilities are extraordinary. A natural spring and an abundance of native wildlife further enhance the property's serene character, offering an authentic mountain setting that is as peaceful as it is beautiful.
    31 days
    860
    89

    Zillow last checked:

    Listing updated:

    Listed by:

    Mitch Miller 828-273-0671,

    Premier Sotheby’s International Realty

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4408233MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      Bedroom s
      • Level: Upper
      Bedroom s
      • Level: Basement
      Bathroom full
      • Level: Main
      Bathroom half
      • Level: Main
      Bathroom full
      • Level: Upper
      Bathroom full
      • Level: Basement
      Bathroom full
      • Level: Upper
      Other
      • Level: Upper
      Bonus room
      • Level: Basement
      Bonus room
      • Level: Basement
      Dining area
      • Level: Main
      Family room
      • Level: Basement
      Flex space
      • Level: Basement
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Loft
      • Level: Upper
      Office
      • Level: Upper
      Recreation room
      • Level: Basement
      Sunroom
      • Level: Main
      Utility room
      • Level: Basement
      Heating
      • Heat Pump, Propane, Wood Stove
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Exhaust Hood, Gas Range, Microwave, Oven, Propane Water Heater, Refrigerator, Washer/Dryer
      • Laundry: Electric Dryer Hookup, Main Level
      Features
      • Breakfast Bar, Soaking Tub, Kitchen Island, Storage, Walk-In Closet(s), Walk-In Pantry, Other - See Remarks
      • Flooring: Tile, Wood
      • Doors: Sliding Doors
      • Basement: Exterior Entry,Finished,Interior Entry
      • Fireplace features: Living Room, Wood Burning, Wood Burning Stove
      Interior area
      • Total structure area: 3,697
      • Total interior livable area: 5,711 sqft
      • Finished area above ground: 3,697
      • Finished area below ground: 2,014

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Carport, Circular Driveway
      • Carport spaces: 2
      • Has uncovered spaces: Yes
      • Details: Large amount of parking located at the back of the home
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Glass Enclosed, Patio, Wrap Around
      • Fencing: Fenced
      • Has view: Yes
      • View description: Long Range, Mountain(s), Winter, Year Round
      Lot
      • Size: 34.15 Acres
      • Features: Cleared, Level, Pasture, Private, Wooded, Views
      Details
      • Additional structures: Barn(s)
      • Parcel number: 1607600
      • Zoning: SINGLE FAMILY RES
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence
      Materials
      • Log
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Well

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: None
      Location
      • Region: Rutherfordton

      Financial & listing details

      • Price per square foot: $332/sqft
      • Tax assessed value: $1,434,900
      • Date on market: 8/1/2026
      • Cumulative days on market: 31 days
      • Road surface type: Gravel, Paved

        Estimated market value

        $1,769,500

        $1.68M - $1.86M

        $3,303/mo

        Price history

        DateEventPrice
        8/1/2026Listed for sale$1,895,000-57.4%$332/sqft
        Source: Canopy MLS as distributed by MLS GRID #4408233 Report a problem
        5/24/2023Listing removed--
        Source: Canopy MLS as distributed by MLS GRID #CAR3879373 Report a problem
        7/2/2022Listed for sale$4,444,000+459%$778/sqft
        Source: Canopy MLS as distributed by MLS GRID #3879373 Report a problem
        1/16/2020Listing removed$795,000$139/sqft
        Source: Ivester Jackson Blackstream #3472525 Report a problem
        6/18/2019Price change$795,000-3%$139/sqft
        Source: Ivester Jackson Blackstream #3472525 Report a problem
        2/8/2019Price change$820,000-41.4%$144/sqft
        Source: Ivester Jackson Blackstream #3472525 Report a problem
        1/19/2018Price change$1,399,000-26.8%$245/sqft
        Source: Allen Tate Co-Shelby #60428 Report a problem
        7/7/2017Price change$1,910,000-23.9%$334/sqft
        Source: ALLEN TATE COMPANY, INC. #43998 Report a problem
        10/1/2016Listed for sale$2,510,000+195.6%$440/sqft
        Source: ALLEN TATE COMPANY, INC. #43998 Report a problem
        7/14/2016Listing removed$849,000$149/sqft
        Source: Special Finds Inc. #NCM589625 Report a problem
        2/15/2016Price change$849,000-14.3%$149/sqft
        Source: Special Finds... #NCM589625 Report a problem
        9/9/2015Listed for sale$991,000+4.4%$174/sqft
        Source: Keller Williams - Asheville #589625 Report a problem
        5/9/2015Listing removed$949,000$166/sqft
        Source: Century 21 First Realty, Inc. #561937 Report a problem
        3/5/2015Price change$949,000+18.8%$166/sqft
        Source: Century 21 First Realty, Inc. #561937 Report a problem
        6/29/2013Price change$799,000-53%$140/sqft
        Source: United Country Report a problem
        3/26/2011Listed for sale$1,700,000$298/sqft
        Source: BIRDVIEW Technologies. Inc. #479382 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,434,900 +7.6%
        2024$7,962 +0.2%$1,333,800
        2023$7,950 +19%$1,333,800 +48.6%
        2022$6,681 +1.4%$897,700
        2021$6,587 $897,700
        2020$6,587 $897,700
        2019-- $897,700 +2.4%
        2018$6,316 $876,400
        2016$6,316 $876,400
        2013$6,316 $876,400
        2012-- $876,400
        2011-- $876,400 -2.8%
        2010-- $901,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28139

        Getting around

        0 / 100
        Car-Dependent
        3 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Pinnacle
        • Middle: RS
        • High: East Rutherford

        Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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