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House for rent
  • Accepts Zillow applications
    $2,400/mo

    255 Rainbow Ter, Black Mountain, NC 28711

    5beds
    2,962sqft
    Price may not include required fees and charges.
    Fast & easy Zillow application.

    This property accepts Zillow applications. Click 'Apply now' to fill out the online form once and apply to as many participating properties as you want. Just $35 for 30 days.

    Single family residence
    Available now
    Cats, small dogs OK
    -- A/C
    Hookups laundry
    Attached garage parking
    -- Heating
    Contact manager for more details about this home.

    What's special

    Cozy stone fireplaceSeasonal mountain viewFinished basementSolid constructionSturdy brick exteriorSolid bonesAll brick home
    RENT-to-OWN options, rare opportunity to own a large 5-bedroom, 2-bathroom all brick home on a large 1.3 acre private lot in the heart of Black Mountain. With 2,962 sqft, this 1976-built, all-brick home boasts solid construction, a finished basement, two garages on the main level, and an additional lower-level garage. Ideal for buyers ready to invest in a property with tremendous potential. This fixer-upper needs some TLC, general cleanup, and updates (e.g., flooring, fixtures), but its sturdy brick exterior and solid bones make it a fantastic canvas for your dream home. The living room features a cozy stone fireplace. The expansive lot provides privacy and seasonal mountain view. Just a short drive to downtown Black Mountain's charming shops, restaurants, and Lake Tomahawk, this home offers small-town living with easy access to Asheville. Perfect for those eager to build equity while transforming a spacious property into their forever home. Note: Home requires repairs, cleanup, and some updates. Priced to reflect condition, offering significant value for sweat equity. Contact me to schedule a showing and discuss rent or rent-to-own details!
    34 days
    on Zillow
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    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Dishwasher, Microwave, Oven, Refrigerator, WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup
    • Flooring: Carpet, Tile
    Interior area
    • Total interior livable area: 2,962 sqft

    Property

    Parking
    • Parking features: Attached, Off Street
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage
    Details
    • Parcel number: 071061815600000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Location
    • Region: Black Mountain

    Financial & listing details

    • Lease term: 1 Year

    Price history

    DateEventPrice
    9/1/2025Listed for rent$2,400$1/sqft
    Source: Zillow Rentals
    8/28/2025Sold$278,876+55675.2%$94/sqft
    Source: Public Record
    4/29/2025Sold$500-99.7%
    Source: Public Record
    7/11/2014Sold$185,000$62/sqft
    Source: Canopy MLS as distributed by MLS GRID #NCM566209

    Neighborhood: 28711