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Sold for $615,000
  • $615,000

    44 Rainbow Rd, Highlands, NC 28741

    2beds
    --sqft
    Residential
    Built in 1984
    9.22 Acres Lot
    $614,800 Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    $614,800

    $584,000 - $646,000

    Not available

    Zestimate® history
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    What's special

    Less than three miles from Main Street in Highlands and located within the city limits, this enchanting and serene 9.22-acre property offers a rare blend of privacy, natural beauty, and convenience. Bordering National Forest land and featuring a beautiful spring-fed cascading stream that runs the length of property, this mountain retreat has been cherished by the same family for many years and is now being offered “as is.” The three-level home features decks, balconies, and patios designed to take in the peaceful surroundings. Inside, you'll find two bedrooms plus three bonus rooms, a cozy wood-burning fireplace, an updated kitchen, and a glass sunroom overlooking the rushing stream. The lower level includes a garage, laundry area, and a separate apartment space, offering flexibility for guests or additional living quarters. Outside, the property showcases lush old-growth flora, rocked terraces along the stream, a chicken house, and an ideal garden area. With potential for subdividing with a build site on the property above the house with potential for long-range mountain views, allowing for even more possibilities to enhance this exceptional property. With endless possibilities for customization, this exceptional property offers the perfect opportunity to create your dream mountain retreat while enjoying the soothing sounds of babbling water and nature just minutes from town.

    Zillow last checked:

    Listing updated:

    Listed by:

    Board Member Non,

    Non Board Office

    Bought with:

    Kristie Brennan, 316453

    Vignette Realty, LLC

    Source: Carolina Smokies MLS,MLS#: 26048595

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Second
    Heating
    • Propane
    Cooling
    • None
    Appliances
    • Included: Electric Oven/Range, Refrigerator, Washer, Dryer, Electric Water Heater
    Features
    • Breakfast Bar, Ceiling Fan(s), Kitchen/Dining Room, Living/Dining Room, Workshop
    • Flooring: Carpet, Vinyl, Ceramic Tile, Laminate
    • Doors: Doors-Insulated/Storm
    • Windows: Windows-Insulated/Storm
    • Basement: Full,Partial,Daylight,Workshop,Exterior Entry
    • Attic: None
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Living area range: 1801-2000 Square Feet

    Property

    Parking
    • Parking features: Garage-Single Attached
    • Attached garage spaces: 1
    Features
    • Patio & porch: Deck, Porch
    • Waterfront features: Stream/Creek
    Lot
    • Size: 9.22 Acres
    • Features: Adjoins USFS, Rolling, Wooded
    Details
    • Parcel number: 7449035692

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional,Cottage
    • Property subtype: Residential
    Materials
    • Wood Siding, Stone
    • Roof: Metal
    Condition
    • Year built: 1984

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well, Private

    Community & HOA

    Location
    • Region: Highlands

    Financial & listing details

    • Tax assessed value: $979,520
    • Annual tax amount: $3,953
    • Date on market: 9/28/2026
    • Listing terms: Conventional
    • Road surface type: Gravel

    Price history

    DateEventPrice
    9/28/2026Sold$615,000-12.1%
    Source: Carolina Smokies MLS #26048595 Report a problem
    8/21/2026Contingent$700,000
    Source: HCMLS #1003311 Report a problem
    7/23/2026Price change$700,000-10.1%
    Source: HCMLS #1003311 Report a problem
    6/26/2026Price change$779,000-2.5%
    Source: HCMLS #1003311 Report a problem
    5/23/2026Listed for sale$799,000-3.2%
    Source: HCMLS #1003311 Report a problem
    1/1/2026Listing removed$825,000
    Source: Canopy MLS as distributed by MLS GRID #4279105 Report a problem
    7/10/2025Listed for sale$825,000-15.4%
    Source: HCMLS #1001398 Report a problem
    7/1/2025Listing removed$975,000
    Source: HCMLS #106489 Report a problem
    3/13/2025Price change$975,000-11.3%
    Source: HCMLS #106489 Report a problem
    1/6/2025Listed for sale$1,099,000
    Source: HCMLS #106489 Report a problem
    12/14/2024Listing removed$1,099,000
    Source: BHHS broker feed #104724 Report a problem
    7/11/2024Listed for sale$1,099,000+183.2%
    Source: HCMLS #104724 Report a problem
    4/17/2017Listing removed$388,000
    Source: Twigs Realty Group #84747 Report a problem
    9/9/2016Listed for sale$388,000-26%
    Source: Twigs Realty Group #84747 Report a problem
    7/5/2016Listing removed$524,000
    Source: Keller Williams - Great Smokies #26000671 Report a problem
    1/12/2016Listed for sale$524,000
    Source: Carolina Smokies Association of Realtors & MLS #26000671 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,953 $979,520
    2024$3,953 +0.3%$979,520
    2023$3,941 +17.3%$979,520 +76.7%
    2022$3,360 $554,490
    2021$3,360 +4.4%$554,490
    2020$3,220 +0.4%$554,490
    2019$3,207 +8.5%$554,490 +1.5%
    2018$2,955 $546,080
    2017-- $546,080
    2016-- $546,080
    2015-- $546,080 -8%
    2014-- $593,650
    2013-- $593,650
    2012-- $593,650
    2011-- $593,650
    2010-- $593,650
    Find assessor info on the county website

    Neighborhood: 28741

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $614,800
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    +$12,296
    With Zillow Showcase(estimated)

    $627,096

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $614,800
    2% more
    +$12,296
    With Zillow Showcase(estimated)

    $627,096