Black Mountain · Black Mountain, NC
48 Rainbow Lake Circle
Black Mountain, NC · 1,843 sqft
$620,000
Reduced from $850,000
- 3Beds
- 2Baths
- 1,843SqFt
- 2023Year
- 172Days on market
About this home
See it to believe it! This 2023 extended length modular on a full unfinished basement is a beauty and a beast. Unscathed from the storm, the buried propane tank and full home generator even kept neighbors refrigerators running! Selling completely furnished with a long list of additional items that can be negotiated to convey. Open floor plan 3/2 on the main floor. Over an acre lot provides privacy. The 100K wrap around deck includes jacuzzi, grill, and patio furniture! No HOA. It’s “up and out there” for a reason, to leave the hustle and bustle for a true mountain getaway! Pack the pantry and freezer and plan on doing nothing but reading, grilling, jacuzzi soaking, and rocking chair gazing as the sun goes down for days on end in the beautiful Blue Ridge Mountains. And for a change of pace, Asheville and Hendersonville are under a hour away. See notes on directions and access.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,843
- Lot
- —
- Year built
- 2023
- Type
- Single Family
- Days on market
- 172
- Garage
- 2
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Foundation
- Basement
- Flooring
- Laminate
Features
- Hot Tub
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$4,563/ month
- Principal & interest
- $3,839
- Property tax (~1.05%)
- $542
- Homeowners insurance
- $180
- HOA dues
- —
Down payment
$31,000 down · $589,000 financed
Income to qualify (28% rule)
~$195,564 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.