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97 Rainbow Lane, Burnsville, NC 28714

Mount Mitchell Lands · Yancey County

Key Facts

2Beds
3Baths
2,187Sq Ft
1992Year Built
2Garage

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

Vaulted Ceiling(s)Breakfast BarOpen FloorplanWalk-In Closet(s)

Appliances

Electric CooktopElectric OvenElectric RangeElectric Water HeaterExhaust FanMicrowaveOvenRefrigeratorSelf Cleaning Oven

Cooling

Ceiling Fan(s)Central Air

Heating

Forced AirNatural GasPropane

Flooring

CarpetLinoleumWood

Fireplace

Great RoomWood Burning

Basement

Exterior EntryFinishedInterior Entry

Laundry

In BasementLaundry Room

Patio

PorchWrap Around

Lot Features

PrivateWooded

Roof

Composition

Windows

Window Coverings

Other Structures

Shed(s)

Utilities

Cable AvailablePropane

Sewer

Septic Tank

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

Map showing the location of 97 Rainbow Lane, Burnsville, NC 28714

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

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Moving Cost Estimate

EXIT Agents in Burnsville

Carolina MLS  (Charlotte) logo

Listing Courtesy: Coldwell Banker Advantage - gingergregoryrealtor@gmail.com

Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2023-07-17

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Land of The Sky Association of Realtors. MLS® Listing#4037622. © 2026EXIT Realty®. All rights reserved.