Listing office: GreyBeard Realty
$443,000 List price
220 Rainbow Ter Black Mountain, NC 28711
2 beds
2 full, 1 partial
1,532 sqft
$289 / sqft
Townhouse
Property details
About 220 Rainbow Ter
Welcome to your end unit townhouse in Black Mountain right on the Rainbow Trail to Montreat! No rental restrictions! This breathtaking space boasts beautiful oak hardwood floors and soaring 9’ ceilings, creating a bright and welcoming atmosphere. Chef's kitchen featuring generous 42” upper cabinets, soft-close drawers and doors, exquisite granite countertops, and modern stainless steel appliances. Private deck right off the living room—perfect for relaxing evenings or morning coffee. This unique unit has two master suites, each with spacious walk-in closets and en-suite bathrooms, ensuring your utmost privacy and comfort. One suite is oversized with room for sitting area or bunks. Could be spilt into 2nd and 3rd bedrooms with the straight forward addition of a wall. Both rooms have expansive seasonal mountain views. You'll love the convenience of a single-car garage with ample storage space & walk-in height crawl space under unit. 1.3 miles to the center of Black Mountain & Montreat.
Highlights
Home typeTownhouse
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size1,532 sqft
Year built2018
ParkingDriveway, Attached Garage
MLS #4264765
Attached garageYes
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
- Basement: No
- Flooring Type: Tile, Wood
- Interior: Breakfast Bar, Entrance Foyer, Walk-In Closet(s)
- Total Bedroom Count: 2
- Attached Garage: Yes
- Parking: Driveway, Attached Garage
- Architectural Style: Contemporary
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $443,000
- Price/SqFt: $289
- HOA Amount: $210 Monthly
- Annual Tax Amount: $1,979
- Tax Year: 2024
- Directions: GPS works. From Black Mountain take 70E to Padgettown Rd. Left on Padgettown Rd. Padgettown vears to the left and Brandon Rd splits to the right. Stay in the middle and go up the gravel rd- Rainbow Terrace. Last unit on right. End Unit- 220.
- Year Built: 2018
- Living Area: 1,532 SqFt
- MLS Number: 4264765
- Office Name: Noble & Company Realty
- Office Email: hollyasheville@gmail.com
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 19, 2019 | Home Sold | $257,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $236,000 | $1,979 |
| 2023 | $236,000 | $1,932 |
| 2022 | $236,000 | $1,873 |
| 2021 | $236,000 | $1,873 |
| 2020 | $193,600 | $1,667 |
| 2019 | $- | $1,667 |
History based on county public records data.
Nearby schools
5
Black Mountain Elementary School
Public District 4-5
0.6 mi
•100 Flat Creek Rd
7
Black Mountain Primary School
Public District PK-3
0.8 mi
•301 E State St
2
W.D. Williams Elementary School
Public District PK-5
5.5 mi
•161 Bee Tree Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,906. Most Black Mountain, NC residents have annual incomes between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
1%
<35k
88%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
37%
Single, No Kids
8%
Single, with Kids
38%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
38%
18-34 yrs old
30%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
NASCAR
College Football
Where do the neighbors shop?
Academy Sports & Outdoors
Dollar General
Express/Express For Men
Where do the neighbors go to eat?
Little Caesars
Cracker Barrel
Sonic
What do the neighbors drive?
Chevrolet
Ram
Kia
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
Listing office: GreyBeard Realty
Listing office: Preferred Properties
Frequently asked questions
About 220 Rainbow Ter
The listing price of 220 Rainbow Ter property is $443,000.
The property 220 Rainbow Ter is a townhouse located in Black Mountain, North Carolina, 28711.
Active Listing: 220 Rainbow Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 220 Rainbow Ter are: Black Mountain Elementary School (GreatSchools Rating 5/10), Black Mountain Primary School (GreatSchools Rating 7/10), W.D. Williams Elementary School (GreatSchools Rating 2/10), C.D. Owen Middle School (GreatSchools Rating 4/10), Artspace Charter School (GreatSchools Rating 7/10), Evergreen Community Charter (GreatSchools Rating 5/10), Charles D. Owen High School (GreatSchools Rating 7/10), Community High School (GreatSchools Rating 2/10), A.C. Reynolds High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,979 (source: MLS/based on county public records data).
The last sale was on September 19, 2019 for $257,000 (source: MLS/tax record).
The property at 220 Rainbow Ter has 2 bedrooms and 2 full and 1 half bathrooms.
The property 220 Rainbow Ter is 1,532 SqFt (source: MLS/tax record).
The year of construction for 220 Rainbow Ter is 2018.
This home is located at 220 Rainbow Ter in Black Mountain, NC and zip code 28711. This 1,532 square foot home was built in 2018. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $443,000.
In June 2025, from all listings sold in Black Mountain, NC there were more than 5 sold above asking price, over 11 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Black Mountain, NC increased by 21.2% between May and June 2025. The median list price of listings available in June 2025 was $515,000, while the average time on the real estate market was 28 days.
From Rocket Homes Real Estate and based on county public records data.