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.
For sale
$799,000
44 Rainbow Road, Highlands, NC 28741
2beds
--sqft
Single Family Residence
Built in 1984
9.22 Acres Lot
$780,000 Zestimate®
$--/sqft
$-- HOA
What's special
Cozy wood-burning fireplaceIdeal garden areaThree bonus roomsChicken houseLaundry areaLush old-growth floraBordering national forest land
- 18 days |
- 1,614 |
- 98 |
Zillow last checked:
Listing updated:
Listed by:
Alicen Phillips,
Country Club Prop. / Mt. Fresh
Source: HCMLS,MLS#: 1003311Originating MLS: Highlands Cashiers Board of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Bedroom 2
- Level: Upper
Bathroom 1
- Level: Main
Basement
- Level: Third
Bonus room
- Level: Main
Bonus room
- Level: Upper
Bonus room
- Level: Lower
Dining room
- Level: Main
Kitchen
- Level: Basement
Kitchen
- Level: Main
Sunroom
- Level: Main
Workshop
- Level: Basement
Heating
- Has Heating (Unspecified Type)
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Free-Standing Electric Range, Refrigerator, Water Heater, Washer
- Laundry: In Basement, Lower Level, Laundry Room
Features
- Breakfast Bar, Ceiling Fan(s), Workshop
- Flooring: Carpet, Concrete, Ceramic Tile, Laminate, Linoleum, Tile, Vinyl
- Basement: Daylight,Exterior Entry,Full,Interior Entry,Concrete,Partially Finished,Bath/Stubbed,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage, Gravel
- Garage spaces: 1
- Carport spaces: 1
- Covered spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Glass Enclosed, Balcony
- Exterior features: Balcony, Garden, Satellite Dish, Water Feature
- Has view: Yes
- View description: Creek/Stream, Seasonal View, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Stream
Lot
- Size: 9.22 Acres
- Features: Borders National Forest, Rock Outcropping, Many Trees, Spring, Wooded, Rolling Slope
- Topography: Rolling,Sloping,Terraced
Details
- Parcel number: 7449035692
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Electricity Connected, Satellite Internet Available
Community & HOA
Community
- Features: None
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Highlands
Financial & listing details
- Tax assessed value: $979,520
- Annual tax amount: $3,953
- Date on market: 5/22/2026
- Cumulative days on market: 18 days
Estimated market value
$780,000
$741,000 - $819,000
$3,865/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Listed for sale | $799,000-3.2% |
Source: HCMLS #1003311 Report a problem | ||
| 1/1/2026 | Listing removed | $825,000 |
Source:  Canopy MLS as distributed by MLS GRID #4279105 Report a problem | ||
| 7/10/2025 | Listed for sale | $825,000-15.4% |
Source: HCMLS #1001398 Report a problem | ||
| 7/1/2025 | Listing removed | $975,000 |
Source: HCMLS #106489 Report a problem | ||
| 3/13/2025 | Price change | $975,000-11.3% |
Source: HCMLS #106489 Report a problem | ||
| 1/6/2025 | Listed for sale | $1,099,000 |
Source: HCMLS #106489 Report a problem | ||
| 12/14/2024 | Listing removed | $1,099,000 |
Source: BHHS broker feed #104724 Report a problem | ||
| 7/11/2024 | Listed for sale | $1,099,000+183.2% |
Source: HCMLS #104724 Report a problem | ||
| 4/17/2017 | Listing removed | $388,000 |
Source: Twigs Realty Group #84747 Report a problem | ||
| 9/9/2016 | Listed for sale | $388,000-26% |
Source: Twigs Realty Group #84747 Report a problem | ||
| 7/5/2016 | Listing removed | $524,000 |
Source: Keller Williams - Great Smokies #26000671 Report a problem | ||
| 1/12/2016 | Listed for sale | $524,000 |
Source: Carolina Smokies Association of Realtors & MLS #26000671 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $593,650 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 28741
Nearby schools
GreatSchools rating
- 6/10Highlands SchoolGrades: K-12Distance: 1.2 mi
- 6/10Macon Middle SchoolGrades: 7-8Distance: 12.4 mi
- 2/10Mountain View Intermediate SchoolGrades: 5-6Distance: 12.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Macon County
- Highlands
- 28741
- 44 Rainbow Road
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