100 Little Rainbow Mountain Road, Unit 1

Black Mountain, NC 28711

$450,000
Last Sold Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Closed 12/20/22

Closed 12/20/22

a view of a city
a building with a roof deck
a black and white photo of a room
a house that has a tree in it
a backyard of a house with lots of green space
a view of a yard with trees
a view of a backyard of snow
a backyard of a house with lots of green space
a view of outdoor space
a view of park along side of a road
a view of a mountain range with trees in the background
a view of a dry yard
a view of a dry field with mountains in the background
a view of a dry yard
a view of a dry yard
a view of a dry yard
a backyard of a house with an outdoor space
an aerial view of a house
a view of trees covered with snow in middle
a view of a garden
a backyard of a house with large trees
a backyard of a house with lots of green space
a view of a yard with trees
a view of a forest with lots of trees
a view of a yard with plants and trees
a view of parking and a parking space
a bathroom with a shower curtain

Description

62.53 acres just over city limit line Black Mountain, backing up to Montreat Nature Conservancy Forest. There are a few homes that were built on this mountain years ago however there remains a very large wooded acreage that could be subdivided into beautiful mountain view lots or kept whole for a fabulously private estate super close to town. Prime location for vacation rentals. This old-growth forest can be purchased with some owner financing with a large down payment. There is a private home and...62.53 acres just over city limit line Black Mountain, backing up to Montreat Nature Conservancy Forest. There are a few homes that were built on this mountain years ago however there remains a very large wooded acreage that could be subdivided into beautiful mountain view lots or kept whole for a fabulously private estate super close to town. Prime location for vacation rentals. This old-growth forest can be purchased with some owner financing with a large down payment. There is a private home and cabin on 13 acres at the apex of the mountain that is not part of the 62.53 acres. The owner would also consider dividing into 3 tracts and selling them separately.
  1. Listed by Leslie Lane • Asheville Realty Group • INFO@AshevilleRealtyGroup.com

Property Details for 100 Little Rainbow Mountain Road, Unit 1

Zoning Description
R-LD
Subdivision Name
Rainbow Terrace
LISTING UPDATED: 12/20/2022 02:17 PM

Property Details for 100 Little Rainbow Mountain Road, Unit 1

StatusClosed
MLS #3812060
Days on Market276
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built-
Lot Size62.53 AC / 2,723,806 SF
CountyBuncombe County

Building Information for 100 Little Rainbow Mountain Road, Unit 1

Stories-Residences-Year Built-Lot Size62.53 AC / 2,723,806 SF

Property Information for 100 Little Rainbow Mountain Road, Unit 1

Summary
Location and General Information
  • Road Frontage Type: County Road, Gravel Road
  • Longitude: -82.311289
  • Geocode Source: Manual
  • Latitude: 35.632952
  • Directions: take HWY 9 Assembly Dr to just before the Montreat entry arch where you turn left to head up Rainbow Terr. Please take a tax map or a land app as the acreage wraps around the mountain and will be accessible/front on - Rainbow Terr. to the left as you wind your way up the road turn sharply on to Little Rainbow Mtn. Rd then see my sign on the right where there is a flat spot to park.
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $511,600.00
  • Parcel Number: 0710-71-1816-00000
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Other: you can park near my sign which is half way up Little Rainbow Mtn rd
Virtual Tour
Property
Lot Information
  • Elevation: 1500
  • Structure Type: Acreage
  • Sq Ft Building Minimum: 0
  • Lot Features: Hilly, Long Range View, Mountain View, Private, Rolling Slope, Sloped, Steep Slope, Wooded, Views, Year Round View
  • Lot Size Units: Acres
  • Possible Use: Residential
  • Property Type: Land
Property and Assessments
  • Photos Count: 27
  • Road Responsibility: Public Maintained Road
  • Permit Syndication: Yes
  • Plat Book Slide: 46/132
  • Plat Reference Section Pages: 46/132
  • Restrictions: No Restrictions
Utilities
  • Sewer: N/A
  • Water Source: Spring, Well Needed
Interior and Exterior Features
Exterior Features
  • Out Buildings: No
Interior Features
  • Habitable Residence YN: No
Multi Family
Multi-Family Information
  • Unit Count: 0

Property History for 100 Little Rainbow Mountain Road, Unit 1

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 100 Little Rainbow Mountain Road, Unit 1

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Black Mountain Primary
Public - PK to 3
Black Mountain Elementary
Public - 4 to 5
Charles D Owen Middle
Public - 6 to 8
Charles D Owen High
Public - 9 to 12
Rating
School
Distance
Black Mountain Primary
PublicPK to 3

Black Mountain Elementary
Public4 to 5

Charles D Owen Middle
Public6 to 8

Charles D Owen High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Black Mountain Township - Buncombe County

Neighborhoods

Cities

ZIPs

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Asheville Realty Group

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.