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361 Rainbow Lake Drive

Brevard, NC 28712
  • $315,000
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: 4327446
UPDATED: 24 min ago
$315,000
  • 2
    BEDS
  • 1.45
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,108
    SQFT
  • $284
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1963
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by White Squirrel Realty: 828-877-3434. Copyright 2026 Canopy MLS. All rights reserved.

Description

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.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2026-01-16T06:34:38.327 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Briggs American Homes | Real Broker, LLC nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
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361 Rainbow Lake Drive Brevard, NC 28712

  • Price: $315,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 24 min ago
  • ID#: 4327446
2
Beds
1
Baths
0
½ Baths
1.45
Acres
1,108
SQFT
$284
$/SQFT
1963
Built
Neighborhood:
Rainbow Lake
County:
Transylvania
Area:
Brevard
Elementary School:
Brevard
Middle School:
Brevard
High School:
Brevard
Property Description
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.
Exterior Features

Architectural Style Cottage Carport YN No Construction Materials Wood Construction Type Site Built Exterior Features Fire Pit Foundation Details Crawl Space Garage YN No Levels One Lot Features Corner LotWooded Main Level Garage YN No Out Buildings YN Shed(s) Parking Features Circular Driveway Patio And Porch Features CoveredFront Porch Road Responsibility Private Maintained Road Road Surface Type Gravel Roof Metal Waterfront Features None

Interior Features

Above Grade Finished Area 1108 Appliances OvenRefrigerator Basement YN No Below Grade Finished Area 0 Cooling Central Air Fireplace YN No Flooring Wood Heating Forced Air Laundry Features Other - See Remarks Lower Square Feet 0 Main Square Feet 1108 Rooms Main (Primary Bedroom) Sq Ft Unheated Total 0 Sq Ft Upper 0 Third Square Feet 0

Property Features

Additional Parcels YN False Association YN No Assumable YN No Auction YN No CCRSubject To Yes City Taxes Paid To No City Taxes Paid Construction Status Completed Elevation 2000 Hoa Subject To None Horse Amenities None Listing Terms CashConventional New Construction YN No Property Sub Type Single Family Residence Restrictions No Representation Security Features Smoke Detector(s) Senior Community YN No Sewer Septic Installed Special Listing Conditions None Utilities Electricity ConnectedPropane Water Source Well Zoning None



MLS Grid logo Based on information submitted to the MLS GRID as of 2026-01-16T06:34:38.327 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Briggs American Homes | Real Broker, LLC nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Briggs American Homes | Real Broker, LLC
5960 Fairview Rd. Suite 300
Charlotte NC, 28210
Canopy MLS logo Offered by White Squirrel Realty: 828-877-3434. Copyright 2026 Canopy MLS. All rights reserved.