20218 Rainbow Cir, Cornelius, NC 28031
Property image
Property image
FOR SALE
0.69 ACRES

$3,975,000

Original price: $4,200,000
  • 7 Beds
  • 6 Baths
  • 7,895 sqft (on 0.69 acres)

20218 Rainbow Cir, Cornelius, NC 28031

Est. Mortgage $23,677/mo*
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Home Highlights

Single-Family Home
Built in 2022
0.69 acre lot
$503/sqft
3 Car Garage

Local Information

  • Map ViewExplore the area around 20218 Rainbow Cir.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Modern luxury meets effortless lakeside living in this exceptional Lake Norman retreat. Framed by breathtaking water views and a private outdoor oasis, this architectural masterpiece blends contemporary sophistication with timeless craftsmanship.
The exterior showcases reclaimed barn wood sourced from historic barns across North Carolina, creating a warm organic contrast to the home's sleek modern design. A striking steel front door opens to an expansive open-concept interior where French white oak flooring flows seamlessly throughout.
Every detail has been thoughtfully curated—from the designer finishes to the impeccable functionality. The main level features an elegant owner's suite with a spa-inspired ensuite, a private fitness studio complete with traditional and infrared saunas, a dedicated office/flex space, full bath, and an entertaining bonus room highlighted by custom swinging barstools. Upstairs, five additional bedrooms and a second bonus space offer refined comfort with a sophisticated, functional layout designed for modern living.
At the heart of the home, the chef's kitchen is a true showpiece featuring premium Thermador appliances, an oversized quartzite island, and a fully equipped scullery designed for effortless entertaining. Dual laundry rooms add everyday convenience without compromising luxury.
Step outside and discover a resort-style outdoor living experience. The enclosed sunroom with fireplace overlooks the beautifully fenced backyard and an impressive oversized saltwater pool with integrated hot tub, creating the perfect setting for relaxation and entertaining. Whether enjoying a peaceful morning swim, unwinding in the spa at sunset, or hosting guests poolside, this private retreat captures the essence of luxury living. The outdoor space also includes a custom separate fenced dog run with artificial turf, ensuring every member of the household is thoughtfully accommodated.
Two tankless water heaters and countless additional upgrades further elevate this remarkable residence. This home is a statement of contemporary elegance, exceptional craftsmanship, and elevated luxury living.
Last check for updates: about 15 hours ago
Listing Provided by: Ryan Miller
Luxe Legacy Partners LLC
Source: Canopy MLS as distributed by MLS GRID, MLS#4387051

Home Details for 20218 Rainbow Cir

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 22Types of Rooms: Primary Bedroom, Bedroom S, Bathroom Full, Bed Bonus, Bonus Room, Dining Area, Exercise Room, Kitchen, Laundry, Living Room, Sunroom
Beds & Baths
Number of Bedrooms: 7Main Level Bedrooms: 2Number of Bathrooms: 6Number of Bathrooms (full): 6
Dimensions and Layout
Living Area: 7895 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Satellite Internet Available, Wired Internet AvailableAppliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Exhaust Hood, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Refrigerator with Ice Maker, Tankless Water Heater, Wall Oven, Washer/Dryer, Wine RefrigeratorDishwasherDisposalLaundry: Electric Dryer Hookup,Inside,Laundry Chute,Main Level,Upper LevelMicrowaveRefrigerator
Heating & Cooling
Heating: Central,Forced Air,Natural Gas,Fireplace(s)Has CoolingAir Conditioning: Ceiling Fan(s),Central Air,Electric,Multi UnitsHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Family Room, Gas, Gas Vented, Living Room, Primary BedroomHas a Spa
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Insulated WindowsDoor: French Doors, Pocket Doors, Sliding DoorsFlooring: Carpet, Wood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Wood
View
Has a ViewView: Water, Year Round
Security
Security: Security System, Smoke Detector(s)

Exterior Features

Exterior Home Features
Patio / Porch: Rear Porch, ScreenedFencing: Back Yard, Fenced, Privacy, WoodExterior: In-Ground IrrigationFoundation: Crawl Space
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Driveway,Electric Vehicle Charging Station(s),Attached Garage,Garage Door Opener,Garage Faces Front,Garage Faces Side,Garage on Main Level
Pool
Pool: Fenced, Heated, In Ground, Pool/Spa Combo, Salt WaterPool
Frontage
Waterfront: Boat Ramp – Community, DockResponsible for Road Maintenance: Publicly Maintained RoadRoad Surface Type: Concrete, Paved
Water & Sewer
Sewer: Public SewerWater Body: Lake Norman
Surface & Elevation
Elevation Units: Feet
Finished Area
Finished Area (above surface): 7895 Square Feet

Days on Market

Cumulative Days on Market: 37Days on Market: 94

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Modern
Building
Construction Materials: Brick Full, Glass, WoodNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 00170204

Price & Status

Price
List Price: $3,975,000Price Per Sqft: $503

Location

Direction & Address
City: CorneliusCommunity: Biscayne Park
School Information
Elementary School: CorneliusJr High / Middle School: BaileyHigh School: William Amos Hough

Agent Information

Listing Agent
Listing ID: 4387051

Building

Building Details
Builder Name: BAAS Construction
Building Area
Building Area: 7895 Square Feet

Community

Community Features: Lake Access, Street LightsNot Senior Community

Lot Information

Lot Area: 0.69 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 4387051Attic: Walk-InWater ViewWater View: WaterAttribution Contact: rmiller@luxe-legacy.comAbove Grade Unfinished Area: 7895

Additional Information

Lake AccessStreet Lights

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.
  • Hunter_stolldorf
    "Been here 10 years. Very upscale lake community that is uber safe. "
  • Mwhitney51
    "The community involvement and walkability. "
  • Mariancollier
    "Grateful for a Christian neighborhood with lots of friendly friends and new neighbors. Do worry about a better place to live. This is it! "
  • Mariancollier
    "Bible studies, live singing outdoors during holiday, shop in antique stores, hanging out with neighbors, playing pickleball. "
  • Mariancollier
    "Great area easy to walk, ride, drive and close to water and fun summer activities, along with local theatre, restaurants, and more "
  • Sik5559
    "Clean parks with lots of walking trails. Everyone very friendly, lots of dining . Just say off of west Catawba road during an and pm rush hour traffic "
  • AKSANA BUTAKOVA
    "I like Cornelius. It is beautiful and friendly community. I feel good here. There are many trees and walkways here. It is great place for walking and for big families "
  • Jessica partee
    "Very friendly neighborhood a great place to raise a family everyone look out for each other kind of thing"
  • Gary Poe
    "My neighborhood is close to everything and we have public transportation within walking distance. It’s a great place to raise kids"
  • Luis M.
    "Safe area, there are plenty of parks and recreational areas. Schools are highly rated and well regarded. 20 minute drive to uptown Charlotte."
  • Rweim19
    "Sidewalks connect neighborhood to shops and restaurants. Safe to walk your dogs anywhere. Also parks and trails nearby. "
  • Laura
    "Not bad, but can get easily backed up on Catawba and 77. If you are willing to take the toll lanes, it's a big difference."
  • Erik P.
    "Love the neighborhood and love the town. Food and social scene is growing. Great place to live and highly recommend. "
  • Trulia User
    "There aren’t any community events that we participate in, except the local farmer’s market in Davidson. "
  • Maru V.
    "I love this place.. feel like home!! Alwasys clean, very good people, my kids love here and the school are amazing"
  • Erin T.
    "My apartment complex put on many different events for the neighborhood. Such as pumpkin carving, wrapping stations and bbq pool parties. "
  • Rweim19
    "Hough High School is far better than Hopewell or North Meck High. This lake town is one of a kind. "
  • Lisa B.
    "2-3 miles from local dining, entertainment and the lake. Catawba Walk in the spring and fall show off local artists creations. Birkdale Village is just 2 miles south and something is going on every weekend. "
  • Snownickj
    "A lot of friendly people, good opportunities, and facilities to use. The neighborhood feels very safe, and there are plenty of activities."
  • Dkeating03
    "Many parks in the area. Great for kids and families. Lots of indoor and outdoor activities. Close to the lake and not far from the city."
  • Catherine P.
    "It’s absolutely beautiful. Our dream town especially with being so close to Davidson. We enjoy lake living coupled with a small town environment. "
  • Trulia User
    "Quiet and near Lake Norman which allows for recreational water sports along with fine dining. Easy access to local airports for businesses and pleasure."
  • Anna R
    "Most people use cars, there are a few busses that run through but not many. It’s difficult to get around without a car, though some people bike "
  • Mildred S.
    "I've lived in this neighborhood for 11 years and like it very much. I feel safe and neighbors look out for one another. I would definitely recommend it to anyone looking to rehome. "
  • Tish
    "Great neighbors, a community pool with events, a community park and gazebo area. Well maintained. Some events at pool include history lessons on holidays, barbecues, and social get togethers. Close to A rated schools Cornelius Elementary, Bailey Middle School and Hough High School. Several bus stops very close and convenient for kids. Many neighbors involved through Next Door app so news gets through quickly. High level of police involvement on holidays like Halloween. Great fire rescue also heavily involved in the town. "
  • Tish
    "Great schools, family friendly, safe, active HOA, great amenities. Nice mix of homes and some with basements. Community park and community pool. Close to A rated schools of Cornelius Elementary, Bailey Middle School and Hough High school. Also CPCC Merancus Community college close by. "
  • lkngirlie
    "Park nearby and sidewalks. Lake nearby and trails. A lot of other dog and pet people live here and organic pet store within walking distance."
  • Etandy14
    "The area is fine. It seems to have a lot of kids and is relatively safe. There are a lot of cars though. "
  • annettelotspaih
    "My commute is very close. On my way to work We pas many conveniences, including post office, coffee, and bank. It can get a little busy during peak periods.l, but nothing too bad."
  • Jeniefer T.
    "Walkable to Shopping & Food center. Great walking trails, dog park nearby and local family friendly parks within a few miles. Lots of local breweries! "
  • Angela b. s.
    "Very safe environment for everyone. We love our neighborhood it is truly like living in paradise. We have two clubs, one is a yacht club and the other the country club. Best of both worlds."
  • Dstmassie
    "Dog-friendly Community. It seems almost every othe r home has a dog. Dog owners are always walking their dogs; morning, noon and night! Great place for dog owners!"

Market trends in Cornelius

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$649K
$40K
MoM
Sale-to-List Price
Price per sq ft
$291
$7
MoM
Available listings
276

Home Value

Trulia Estimate
$3.74M
Since last month
Decreased$7K (-0.2%)
Since last year
Increased$45K (+1.2%)
Since last sale
Increased$102K (+2.8%)
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 decreased by -9% in the last 10 years
MonthEstimated value
2026
September 2026$3.74M
August 2026$3.71M
July 2026$3.75M
June 2026$4M
May 2026$3.78M
April 2026$3.84M
March 2026$3.85M
February 2026$3.87M
January 2026$3.69M
2025
2024
2023

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
$2,575,000
08/03/26
5
5.5
4,845
0.24
Single-Family Home
$3,000,000
07/21/26
5
6
5,926
0.38
Single-Family Home
$2,900,000
12/16/25
5
3.5
5,612
0.32
Single-Family Home
$3,260,000
02/18/26
4
3.5
4,097
0.59
Single-Family Home
$3,045,000
08/14/26
5
6
5,576
0.62
Single-Family Home
$3,090,000
11/07/25
5
6
4,742
0.73
Single-Family Home
$4,925,000
08/14/26
6
5.5
6,801
0.57
Single-Family Home
$3,425,000
05/11/26
5
4.5
5,236

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
0.04
$2,115,500
5
4.5
4,060
Off Market
0.06
$2,575,000
5
5.5
4,845
Recently Sold
0.08
$520,300
3
2
1,030
Off Market
0.10
$620,000
3
2
1,833
Recently Sold
0.11
$1,600,000
3
2
1,808
Recently Sold
0.19
$3,763,100
5
6.5
6,344
Off Market
0.19
$1,399,900
3
3
2,327
For Sale
0.20
$1,188,800
4
3.5
3,302
Off Market
0.20
$667,400
4
2.5
2,567
Off Market
0.21
$1,205,800
5
3.5
4,033
Off Market
0.24
$3,000,000
5
6
5,926
Recently Sold

Price and Tax history

DateEventPrice
Jul 2, 2026
Source: Canopy MLS as distributed by MLS GRID #4387051
PriceChange
$3,975,000
Price decreased by 5%
Jun 11, 2026
Source: Canopy MLS as distributed by MLS GRID #4387051
Listed For Sale
$4,200,000
Jun 10, 2024
Source: Canopy MLS as distributed by MLS GRID #4082378
Sold
$3,637,500
Apr 12, 2024
Source: Canopy MLS as distributed by MLS GRID #4082378
Pending
$3,700,000
Mar 26, 2024
Source: Canopy MLS as distributed by MLS GRID #4082378
PriceChange
$3,700,000
Price decreased by 4%

LGBTQ Local Legal Protections

Ryan Miller, Luxe Legacy Partners LLC
Based on information submitted to the MLS GRID as of 2026-09-13 00:43:02 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

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Frequently asked questions about 20218 Rainbow Cir

  • What is the estimated monthly payment for 20218 Rainbow Cir?
    Based on a $3,975,000 list price with 20% down at today's rates, the estimated monthly payment for 20218 Rainbow Cir in Cornelius, NC is approximately $23,688 (about $21,360 principal & interest, $2,253 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 20218 Rainbow Cir compare to homes in Cornelius?
    20218 Rainbow Cir in Cornelius, NC is listed at $3,975,000, about 512% above the $649K median sale price in Cornelius.
  • What do residents say about Cornelius?
    Residents describe Cornelius, NC as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Cornelius, NC.
  • What are the closest schools to 20218 Rainbow Cir?
    The closest schools to 20218 Rainbow Cir in Cornelius, NC are Bailey Middle School (rated 10/10), Cornelius Elementary (rated 6/10), William Amos Hough High (rated 7/10).
  • Does 20218 Rainbow Cir have air conditioning?
    Yes, 20218 Rainbow Cir in Cornelius, NC has air conditioning.
  • Does 20218 Rainbow Cir have a pool?
    Yes, 20218 Rainbow Cir in Cornelius, NC has a pool.
20218 Rainbow Cir, Cornelius, NC 28031 is a 7 bedroom, 6 bathroom, 7,895 sqft single-family home built in 2022. This property is currently available for sale and was listed by Canopy MLS as distributed by MLS GRID on May 29, 2026. The MLS # for this home is MLS# 4387051.