44 Rainbow Road, Highlands, NC 28741
Property image
Property image
UNDER CONTRACT
9.22 ACRES

$700,000

  • 2 Beds
  • 3.5 Baths

44 Rainbow Road, Highlands, NC 28741

Est. Mortgage $3,809/mo*
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Home Highlights

Parking
Garage
Outdoor
Yes
Climate Control
Heating & Ceiling Fans
Listed
98 days ago

Local Information

  • Map ViewExplore the area around 44 Rainbow Road.
  • Schools2 Elementary Schools2 Middle Schools3 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Less than three miles from Main Street in Highlands and located within the city limits, this enchanting and serene 9.22-acre property offers a rare blend of privacy, natural beauty, and convenience. Bordering National Forest land and featuring a beautiful spring-fed cascading stream that runs the length of property, this mountain retreat has been cherished by the same family for many years and is now being offered “as is.”

The three-level home features decks, balconies, and patios designed to take in the peaceful surroundings. Inside, you’ll find two bedrooms plus three bonus rooms, a cozy wood-burning fireplace, an updated kitchen, and a glass sunroom overlooking the rushing stream. The lower level includes a garage, laundry area, and a separate apartment space, offering flexibility for guests or additional living quarters.

Outside, the property showcases lush old-growth flora, rocked terraces along the stream, a chicken house, and an ideal garden area. With potential for subdividing with a build site on the property above the house with potential for long-range mountain views, allowing for even more possibilities to enhance this exceptional property. With endless possibilities for customization, this exceptional property offers the perfect opportunity to create your dream mountain retreat while enjoying the soothing sounds of babbling water and nature just minutes from town.
Last check for updates: about 3 hours ago
Listing courtesy of Alicen Phillips
Country Club Prop. / Mt. Fresh
Originating MLS: Highlands Cashiers Board of Realtors
Source: HCMLS, MLS#1003311

Home Details for 44 Rainbow Road

Interior Features

Interior Details
Basement: Daylight,Exterior Entry,Full,Interior Entry,Concrete,Partially Finished,Bath/Stubbed,Walk-Out AccessNumber of Rooms: 11Types of Rooms: Bedroom 2, Bathroom 1, Basement, Bonus Room, Dining Room, Kitchen, Sunroom, Workshop
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Appliances & Utilities
Utilities: Electricity Connected, Satellite Internet AvailableAppliances: Dryer, Dishwasher, Free-Standing Electric Range, Refrigerator, Water Heater, WasherDishwasherDryerLaundry: In Basement,Lower Level,Laundry RoomRefrigeratorWasher
Heating & Cooling
Heating: Has Heating Unspecified TypeAir Conditioning: Ceiling Fan(s)Has HeatingHeating Fuel: Has Heating Unspecified Type
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living Room, Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Concrete, Ceramic Tile, Laminate, Linoleum, Tile, Vinyl
Levels, Entrance, & Accessibility
Stories: 3Levels: Three Or MoreFloors: Carpet, Concrete, Ceramic Tile, Laminate, Linoleum, Tile, Vinyl
View
Has a ViewView: Creek/Stream, Seasonal View, Trees/Woods

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Glass Enclosed, BalconyExterior: Balcony, Garden, Satellite Dish, Water FeatureFoundation: BlockGarden
Parking & Garage
Number of Garage Spaces: 1Number of Carport Spaces: 1Number of Covered Spaces: 2Has a CarportHas a GarageParking Spaces: 2Parking: Driveway,Garage,Gravel
Frontage
Waterfront: StreamNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Surface & Elevation
Topography: Rolling, Sloping, Terraced

Days on Market

Cumulative Days on Market: 91Days on Market: 98

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New Construction
Property Information
Parcel Number: 7449035692

Price & Status

Price
List Price: $700,000

Active Status

MLS Status: Active Under Contract

Location

Direction & Address
City: HighlandsCommunity: None

Agent Information

Listing Agent
Listing ID: 1003311

Community

Community Features: None

HOA

Association for this Listing: Highlands Cashiers Board of RealtorsNo HOA

Lot Information

Lot Area: 9.22 Acres

Miscellaneous

BasementMls Number: 1003311Living Area Range Units: Square FeetZillow Contingency Status: Under ContractWater ViewWater View: Creek/StreamActivation Date: Fri May 22 2026Universal Property Id: US-37113-N-7449035692-R-N

Additional Information

None

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Highlands

At least 19 Trulia users voted on each feature.
  • 95 % Say it's dog friendly

  • 91 % Say it's quiet

  • 89 % Say car is needed

  • 89 % Say yards are well-kept

  • 84 % Say people would walk alone at night

  • 76 % Say there's holiday spirit

  • 74 % Say parking is easy

  • 74 % Say they plan to stay for at least 5 years

  • 74 % Say there's wildlife

  • 74 % Say there are community events

  • 54 % Say neighbors are friendly

  • 52 % Say streets are well-lit

  • 46 % Say kids play outside

  • 44 % Say it's walkable to grocery stores

  • 30 % Say it's walkable to restaurants

  • 25 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Kimberlyg833
    "It’s beautiful and appears to be a great place to raise a family. I used to come here as a child back in the 70’s with my parents and it’s still as I remember it. Quaint and beautiful. "
  • Karie.mcclure
    "not sure only a renter at this point but love how safe And low key it is .. great weather as well nice people "
  • Pam
    "Great small town. Elevation 4000 feet plus. Friendly residents. Lots to do for a small town. A little pricy, but worth it. Great hiking and waterfalls galore. Dog friendly neighborhood and town."
  • Christine B.
    "It's a very friendly community. When the tourists come to town for the season it gets overcrowded but some non locals are really friendly. "
  • Bill B.
    "I live here and love the weather, hiking trails, water falls, and the National Forest. 4,118 feet elevation provides cool weather in the summer."
  • Susan C.
    "What a beautiful place to live ... there is nothing as peaceful or beautiful as the mountains and this lovely, quaint town."
  • Rick C.
    "There's no Wal-Mart or fast food joints. Life in the mountains has an easier pace. You are removed from the city, but that's why we live here, to get away from it all. There is a world class spa, fine dining on smaller scale, exquisite shops. Think Breckinridge, without the skiing.Beautiful mountains, hiking, mountain biking, floral life, live music, plays, wineries, what more do you want?"
  • carolrosen
    "Great area, lovely home, easy comfortable living"
  • John D.
    "A great place to spend the summer, and within walking distance to town."
  • Nadine P.
    "A wonderful community with a year round caretaker, pool, tennis courts and swimming pool plus it is gated. Certainly not a necessity in Highlands! I would recommend King Mtn to anyone looking for lush foliage, fantastic views and wonderful amenities."
  • Nadine P.
    "I have lived in Highlands, NC for 7 years and still upon returning from out of town get a peacefulness when I hit Main St or the Gorge Rd from Franklin. Prettiest place anywhere...you must visit!"
  • Dorothy S.
    "You will find that people are extremely friendly. We have four mild seasons. Winter is wonderful. Nothing is better than curling up with a book in front of a crackling fire."

Market trends in Highlands

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
191
5
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
$510,000
06/30/26
3
2
-
0.57
Single-Family Home
$1,325,000
09/19/25
3
3.5
-
0.76
Single-Family Home
$660,000
03/03/26
3
4
2,921
0.62
Single-Family Home
$1,995,000
10/10/25
4
4.5
-
0.63
Single-Family Home
$525,000
10/24/25
3
2
-
0.67
Single-Family Home
$368,650
06/18/26
3
2
2,304
0.61
Single-Family Home
$9,000,000
04/30/26
4
6
-
0.82
Single-Family Home
$1,850,000
10/17/25
3
4.5
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Price and Tax history

DateEventPrice
Aug 21, 2026
Source: HCMLS #1003311
Contingent
$700,000
Jul 23, 2026
Source: HCMLS #1003311
PriceChange
$700,000
Price decreased by 10%
Jun 26, 2026
Source: HCMLS #1003311
PriceChange
$779,000
Price decreased by 3%
May 23, 2026
Source: HCMLS #1003311
Listed For Sale
$799,000
Jan 1, 2026
Source: Canopy MLS as distributed by MLS GRID #4279105
ListingRemoved
$825,000

LGBTQ Local Legal Protections

Alicen Phillips, Country Club Prop. / Mt. Fresh
Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 44 Rainbow Road

  • What is the estimated monthly payment for 44 Rainbow Road?
    Based on a $700,000 list price with 20% down at today's rates, the estimated monthly payment for 44 Rainbow Road in Highlands, NC is approximately $3,922 (about $3,631 principal & interest, $216 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Highlands?
    Residents describe Highlands, NC as dog-friendly, quiet, and well-kept. Most residents say you need a car. See homes for sale in Highlands, NC.
  • What are the closest schools to 44 Rainbow Road?
    The closest schools to 44 Rainbow Road in Highlands, NC are Franklin High (rated 5/10), Highlands School (Elementary/Middle/High, rated 6/10), Macon Early College High School (rated 7/10).
  • Does 44 Rainbow Road have laundry facilities?
    Yes, 44 Rainbow Road in Highlands, NC has in-unit laundry.
  • How big is the lot at 44 Rainbow Road?
    The lot at 44 Rainbow Road in Highlands, NC is about 9.2 acres.
  • Does 44 Rainbow Road have a garage?
    Yes, 44 Rainbow Road in Highlands, NC has a garage.
44 Rainbow Road, Highlands, NC 28741 is a 2 bedroom, 4 bathroom single-family home built in 1984. This property is currently available for sale and was listed by HCMLS on May 23, 2026. The MLS # for this home is MLS# 1003311.