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44 Rainbow Road

Highlands, NC 28741

2 beds
4 baths
2,063 sqft
~10 acre lot
$399 per sqft
1984 build
– on site

Nestled on 9.52 acres, this 2-bedroom home offers the perfect blend of privacy and convenience, just a 6-minute drive to downtown Highlands, NC. Adjoining USFS land and featuring a bold babbling creek running along the property, visible and audible from the sunroom, open deck, and kitchen, as well as the terraced backyard. Enjoy plenty of natural light on the main and upper levels, with a newer kitchen featuring marble counters and a breakfast bar. The lower level offers a separate guest suite with its own full kitchen, bathroom, living area, and bedroom. Rent it out long-term or use it for extra guests. Two attached single-car garages: one in the basement with a workshop area and another at the side of the home. An additional higher-elevation house site offers a chance for long-range views. While the home needs work, it offers exceptional potential for a luxurious private estate close to the resort town of Highlands. Don't wait, schedule your appointment for a private tour today!

Listing courtesy of Canopy MLS / MOUNTAIN LIFE REAL ESTATE, LLC

Last checked: Checking… • Last updated Jul 11, 2025 •

MLS# 4279105 —

The Building

Year Built:

1984
New Construction:

false
Construction Type:

Site Built
Subtype:

Single Family Residence
Construction Materials:

Hardboard Siding
Architectural Style:

Cottage, Traditional
Roof:

Metal
Foundation Details:

Basement, Permanent
Levels:

One
Basement:

Apartment, Basement Garage Door, Basement Shop, Daylight, Exterior Entry, Partially Finished, Storage Space, Walk-Out Access, Walk-Up Access
Basement:

true
Patio And Porch Features:

Balcony, Covered, Deck, Front Porch
Door Features:

Insulated Door(s), Sliding Doors
Window Features:

Insulated Window(s)
SqFt Upper:

775
SqFt Unheated Total:

165
SqFt Unheated Basement:

165
Above Grade Finished Area:

2063

Interior

Features:

Attic Other, Breakfast Bar, Pantry, Walk-In Closet(s)
Flooring:

Carpet, Laminate, Linoleum, Tile, Wood
Living Area:

2063
Fireplace:

true
Fireplace Features:

Living Room, Wood Burning

Location

Directions:

From Highlands, take N 4th Street for about 2 miles then RIGHT onto Clear Creek Rd. Continue for about 0.4 mile then RIGHT onto Rainbow Road. #44 will be on your LEFT, look for the LO sign.
Latitude:

35.03243304
Longitude:

-83.20750432
Elevation:

3500

The Property

Type:

Residential
Lot Features:

Adjoins Forest, Creek Front, Green Area, Private, Rolling Slope, Wooded, Views, Waterfront
Lot Size Area:

9.52
Lot Size Units:

Acres
Zoning Specification:

HR1
Zoning:

HR-1
View:

Year Round
Waterfront Features:

Other - See Remarks
Road Responsibility:

Private Maintained Road
Road Surface Type:

Concrete, Gravel

Listing Agent

Contact info:

Taxes

Parcel Number:

7449035692
Tax Assessed Value:

979520

Beds

Bedrooms Total:

2
Bedroom Main:

1
Bedroom Upper:

1

Baths

Baths:

4
Full Baths:

3
Half Baths:

1
Full Baths Main:

1
Half Baths Main:

1
Full Baths Upper:

1
Full Baths Basement:

1

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Forced Air, Propane, Other - See Remarks
Cooling:

Ceiling Fan(s)

Utilities

Utilities:

Electricity Connected, Propane, Other - See Remarks
Sewer:

Septic Installed
Water Source:

Well

Appliances

Appliances:

Dishwasher, Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Refrigerator, Washer
Laundry Features:

In Basement

Schools

Elementary School:

Unspecified
Middle School:

Unspecified
High School:

Unspecified

The Community

Subdivision Name:

None
Community Features:

None
Restrictions:

Rental – See Restrictions Description
Restrictions Description:

Zoned R-1, Highlands currently doesn't allow STRs in R-1 or R-2. Must be 30+ day rental.
HOA Subject To:

None
Water Body Name:

Creek
Senior Community:

false

Parking

Parking Features:

Driveway, Attached Garage, Garage Faces Front, Garage Shop
Garage:

true
Garage Spaces:

2
Main Level Garage:

Yes
Carport:

false
Open Parking:

false

Extra Units

Second Living Quarters:

Interior Connected,Separate Kitchen Facilities,Separate Living Quarters

Monthly cost estimate

Asking price

$825,000

Expense	Monthly cost
Mortgage	$4,417
Taxes	N/A
Insurance	$226
Utilities	$163 See report
Total	$4,806/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/10/25 Jul 10, 2025	Listed / Active	CMLS	$825,000

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Newest listings in Highlands, NC

This house located in Highlands, NC 28741 is currently for sale for $825,000. 44 Rainbow Road is a 2,063 square foot house with 2 beds and 4 baths that has been on Estately for 2 days. This house is in the attendance area of Highlands School, Franklin High School, Mountain View Intermediate School, and Macon Middle School.

Based on information submitted to the MLS GRID as of 7/12/2025 12:19 pm. 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. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.