
97 Rainbow Lane, Burnsville, NC 28714
Mount Mitchell Lands · Yancey County
Key Facts
Description
FIND YOUR POT OF GOLD AT THE END OF RAINBOW LANE!!!! Imagine falling asleep to the sound of your very own creek and waking up for a stroll around the pond to fish for lunch! This charming house sits on 1.23 acres with a separate art studio/workshop nestled in a peaceful wooded landscape. The main floor has the primary suite with an additional bedroom and full bath. The spacious open floorplan has a wrap around deck. Downstairs there is a rec room, full bath, laundry room and a bonus/bedroom. The home is located in the quiet neighborhood of Mount Mitchell Lands West. Walk a short distance to the South Toe River as well as nearby access to the South Toe River trails. The Mount Mitchel Golf Club is just minutes away, so to is the Blue Ridge Parkway. Little Switzerland is just around the corner and you can drive to Boone or Asheville in just about an hour. Don’t miss this opportunity to live in the breathtaking mountains of Western North Carolina! A portion of the lot is in a flood zone.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Contemporary
Year Built
1992
Living Area
2,187 sq ft
Garage Spaces
2
Zoning
res
Days on Market
72
MLS® Listing#
4037622
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Laundry
Patio
Lot Features
Roof
Windows
Other Structures
Utilities
Sewer
Schools
- Elementary:
- South Toe
- Middle:
- East Yancey
- High:
- Mountain Heritage
Financial Details
HOA
$500 / Annually
Mt. Mitchell Lands West
Assessed Value
$214,570
Parcel Number
074402896208.000
Directions
From Hwy 19 turn on Micaville Loop to 80 S. follow 80S for 12 miles. Make a slight right onto S Toe River Rd. .9 miles turn right onto Sweetwater Rd. Go .2 miles to turn left onto Rainbow Lane. #97 From the Blue Ridge Parkway take the exit for State Hwy 80 N, turn left at the stop sign. Follow for 2.3 miles. Turn left onto S Toe River Rd. Go .9 miles to turn left onto Sweetwater Rd. for .2 miles to turn left onto Rainbow Lane. First house on the right.
Affordability Calculator
$69,800
Estimated monthly payment
$1,858/mo
Principal $279,200 · Est. interest $389,509 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Burnsville, NC
- $523,810
- Median Listing Price
- 87
- Median Days on Market
- 1,855
- Median Sq Ft
- $294
- Median Price / Sq Ft
- 198
- Active Listings
- This home’s price is 33% below the area median.
- Its price per sq ft is 46% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Burnsville, NC.
Location
Points of Interest in Burnsville, NC
Showing the Burnsville area map.
Nearby Schools
Arthur Morgan School
Secondary · 5.2 mi away
Pleasant Gardens Elementary School
Elementary · 9.3 mi away
Micaville Elementary School
Elementary · 9.6 mi away
North Cove Elementary School
Elementary · 9.9 mi away
Old Fort Elementary School
Elementary · 9.9 mi away
Maranatha Baptist Church
School · 10.2 mi away
East Yancey Middle School
Secondary · 10.4 mi away
West McDowell Middle School
Secondary · 10.4 mi away
McDowell High School
Secondary · 10.8 mi away
Burnsville Elementary
Elementary · 10.8 mi away
Black Mountain Elementary
Elementary · 11.7 mi away
Yancey NC
School · 11.7 mi away
Church Street Preschool
School · 11.8 mi away
Greenlee Primary School
Elementary · 11.9 mi away
Black Mountain Primary
Elementary · 11.9 mi away
Swannanoa Valley Montessori School
Elementary · 11.9 mi away
Deyton Elementary School
Elementary · 11.9 mi away
Harris Middle School
Secondary · 12.0 mi away
Mountain Heritage High School
Secondary · 12.1 mi away
Presbyterian Church
School · 12.1 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 88 Mountain Farm Road, Burnsville, NC | $245,000 | 2 | 1 | 672 |
| 130 Wid Smith Road, Burnsville, NC | $245,000 | 3 | 2 | 1,488 |
| 170 Styles Road, Burnsville, NC | $249,000 | 2 | 2 | 1,684 |
| 524 Clear Creek Road, Burnsville, NC | $249,000 | 2 | 2 | 1,140 |
| 1896 State Hwy 80 S None, Burnsville, NC | $249,900 | 2 | 3 | 1,302 |
| 2627 White Oak Road, Burnsville, NC | $252,000 | 2 | 1 | 1,156 |
Moving Cost Estimate
EXIT Agents in Burnsville
Listing Courtesy: Coldwell Banker Advantage - gingergregoryrealtor@gmail.com
Last Updated: 2023-07-17
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