$619,900
- 3 Beds
- 2 Baths
- 1,833 sqft (on 0.48 acres)
20118 Rainbow Cres, Cornelius, NC 28031
Est. Refi. Payment $3,580/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 21, 2026 for $620,000 (5% below list price)
Home Value
Trulia Estimate
$620KSince last month
Decreased$16K (-2.6%)Since last year
Increased$117K (+23.2%)Since last sale
$200 (0%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +136% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $620K |
| August 2026 | $620K |
| July 2026 | $636K |
| June 2026 | $532K |
| May 2026 | $535K |
| April 2026 | $532K |
| March 2026 | $529K |
| February 2026 | $524K |
| January 2026 | $523K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $1,600,000 | 05/11/26 | 3 | 2 | 1,808 | |
0.10 | Single-Family Home | $1,188,479 | 12/30/25 | 3 | 3 | 2,327 | |
0.62 | Single-Family Home | $655,000 | 04/20/26 | 4 | 2 | 2,230 | |
0.80 | Single-Family Home | $450,000 | 08/20/26 | 3 | 2 | 1,912 | |
0.26 | Single-Family Home | $1,250,000 | 10/16/25 | 5 | 4 | 3,254 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $520,300 | 3 | 2 | 1,030 | Off Market | |
0.06 | $1,600,000 | 3 | 2 | 1,808 | Recently Sold | |
0.04 | $2,575,000 | 5 | 5.5 | 4,845 | Recently Sold | |
0.07 | $2,115,500 | 5 | 4.5 | 4,060 | Off Market | |
0.10 | $3,975,000 | 7 | 6 | 7,895 | For Sale | |
0.10 | $1,399,900 | 3 | 3 | 2,327 | For Sale | |
0.14 | $832,400 | 4 | 4.5 | 3,569 | Off Market | |
0.16 | $1,265,400 | 3 | 3.5 | 3,490 | Off Market | |
0.16 | $3,763,100 | 5 | 6.5 | 6,344 | Off Market | |
0.19 | $667,400 | 4 | 2.5 | 2,567 | Off Market | |
0.21 | $514,200 | 3 | 2 | 1,554 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1989
0.48 acre lot
1,833 sqft
$338/sqft
Open Parking
About this House
Nestled in the highly desirable Biscayne Park community, this beautifully maintained 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and Lake Norman living. Boasting a thoughtfully designed floor plan, this home has been exceptionally well cared for and is truly move-in ready. Bright, inviting living spaces and meticulous attention to detail make it easy to feel at home from the moment you step inside.
One of Biscayne Park’s most sought-after features is its picturesque waterfront setting, where residents enjoy beautiful views of Lake Norman along with access to a community lake lot—perfect for soaking in the lakeside lifestyle. Located in the heart of Cornelius, you’ll be just minutes from premier shopping, local boutiques, popular restaurants, entertainment, parks, and everything this vibrant lakeside town has to offer. Whether you’re searching for your first home, looking to downsize, or simply wanting to enjoy one of Lake Norman’s most desirable communities, this home is a must-see!
One of Biscayne Park’s most sought-after features is its picturesque waterfront setting, where residents enjoy beautiful views of Lake Norman along with access to a community lake lot—perfect for soaking in the lakeside lifestyle. Located in the heart of Cornelius, you’ll be just minutes from premier shopping, local boutiques, popular restaurants, entertainment, parks, and everything this vibrant lakeside town has to offer. Whether you’re searching for your first home, looking to downsize, or simply wanting to enjoy one of Lake Norman’s most desirable communities, this home is a must-see!
20118 Rainbow Cres, Cornelius, NC 28031 is a 3 bedroom, 2 bathroom, 1,833 sqft single-family home built in 1989. It last sold for $620,000 on Aug 21, 2026 (5% below the $650,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $619,900, with a rent estimate of $3,160/month.
Last check for updates: about 14 hours ago
Listed by Tyler Grossnickle
Howard Hanna Allen Tate Mooresville/LKN
Bought with: Nitin Aggarwal, (704) 678-5778, Nitro Realty Group LLC
Source: Canopy MLS as distributed by MLS GRID, MLS#4404305

Home Details for 20118 Rainbow Cres
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MLS Status: Closed |
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Interior Details Number of Rooms: 9Types of Rooms: Primary Bedroom, Bedroom S, Bathroom Full, Dining Area, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1833 Square Feet |
Appliances & Utilities Utilities: Cable Available, Cable Connected, Electricity Connected, Wired Internet AvailableAppliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, OvenDishwasherLaundry: Laundry Room,Main Level |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: Living Room |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: Skylight(s)Flooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Carpet, Tile |
View Has a ViewView: Water, Year Round |
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Exterior Home Features Roof: CompositionPatio / Porch: Covered, Deck, Enclosed, Front Porch, Porch, Rear Porch, Screened, Side Porch, Wrap AroundFencing: Fenced, Back YardOther Structures: Outbuilding, Shed(s)Foundation: Crawl Space |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway |
Frontage Waterfront: Paddlesport Launch Site, Paddlesport Launch Site - CommunityResponsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Gravel, Paved |
Water & Sewer Sewer: Septic InstalledWater Body: Lake Norman |
Surface & Elevation Elevation Units: Feet |
Finished Area Finished Area (above surface): 1833 Square Feet |
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Cumulative Days on Market: 14 |
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Year Built Year Built: 1989 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: Brick Partial, Vinyl, WoodNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 00170208 |
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Price List Price: $650,000Price Per Sqft: $338/sqft |
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Direction & Address City: CorneliusCommunity: Biscayne Park |
School Information Elementary School: CorneliusJr High / Middle School: BaileyHigh School: William Amos Hough |
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Building Area Building Area: 1833 Square Feet |
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Not Senior Community |
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Has an HOA |
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Lot Area: 0.48 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan |
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Mls Number: 4404305Attic: Pull Down StairsWater ViewWater View: WaterAttribution Contact: Tyler.Grossnickle@allentate.comAbove Grade Unfinished Area: 1833 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 21, 2026 Source: Canopy MLS as distributed by MLS GRID #4404305 | Sold | $620,000 |
Jul 16, 2026 Source: Canopy MLS as distributed by MLS GRID #4404305 | Listed For Sale | $650,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $481,800 |
Home facts updated by county records
Market trends in Cornelius
Last updated July 2026
Avg. sale price
$609K
$41KMoM
Sale-to-List Price
—
Price per sq ft
$283
$6MoM
Available listings
275
Around this home
What Locals Say about Cornelius
At least 238 Trulia users voted on each feature.
96 % Say it's dog friendly
87 % Say there are sidewalks
86 % Say parking is easy
85 % Say car is needed
77 % Say there's holiday spirit
76 % Say people would walk alone at night
71 % Say it's quiet
70 % Say streets are well-lit
68 % Say yards are well-kept
67 % Say it's walkable to restaurants
65 % Say kids play outside
61 % Say it's walkable to grocery stores
54 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
45 % Say there are community events
44 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-04 01:03:37 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
Frequently asked questions about 20118 Rainbow Cres
- What is 20118 Rainbow Cres estimated to be worth?Trulia's estimated value for 20118 Rainbow Cres in Cornelius, NC is $619,900.
- What is the price history for 20118 Rainbow Cres?20118 Rainbow Cres in Cornelius, NC last sold for $620,000 in August 2026.
- Is Cornelius a buyer's or seller's market?Cornelius is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Cornelius?The median sale price in Cornelius is $609K. That is up $41K from the prior month.
- Does 20118 Rainbow Cres have air conditioning?Yes, 20118 Rainbow Cres in Cornelius, NC has air conditioning.
- Does 20118 Rainbow Cres have laundry facilities?Yes, 20118 Rainbow Cres in Cornelius, NC has laundry facilities.

