361 Rainbow Lake Drive, Brevard, NC 28712

$293,000
2
BD
1
BA
1,108
SqFt

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Listing courtesy of White Squirrel Realty. isaac@whitesquirrelrealty.com

Seller Representative White Squirrel Realty

Sold Price
$293,000
List Price
$305,000
Closing Date
Mar 18, 2026
Status
CLOSED
MLS#
4327446
Bedrooms
2
Bathrooms
1
Full-baths
1
Living Area
1,108
Lot Size
63,162
Subdivision
Rainbow Lake
Neighborhood
Rainbow Lake
Year Built
1963
Acres
1.45

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, 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.

Additional Information

Style
Cottage
Foundation
Crawl Space
Exterior Features
Fire Pit
Exterior Finish
Wood
Elementary School
Brevard
Middle School
Brevard
High School
Brevard
Parking
Circular Driveway
Special Conditions
None
Lot Description
Corner Lot, Wooded
Water
Well
Construction
Site Built
Roof
Metal
Heating
Forced Air

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