- 7
- beds
- 6
- baths
- 7,895
- sqft
- 2022
- year built
- Status:
- Active
- MLS #:
- 4387051
- Neighborhood:
- Biscayne Park
- County:
- Mecklenburg
- Listed By:
- Ryan Miller - Luxe Legacy Partners LLC
- Agent Phone:
- (704) 439-7068
- Agent Email:
- rmiller@luxe-legacy.com
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.
Highlights
- Residential
- Single Family Residence
- Built in 2022
- 3 Car Garage
- 164 days on Market
-
- Bedrooms
- 7
-
- Bathrooms
- 6
-
- Year Built
- 2022
-
- Architectural Style
- Modern
-
- Construction Materials
- Brick, Glass
-
- Garage Spaces
- 3.0
-
- Parking Features
- Driveway, Garage Door Opener, Garage Faces Side, Garage Faces Front, Electric Vehicle Charging Station(s)
-
- Living Area
- 7895.0
-
- Interior Features
- Walk-In Closet(s), Pantry, Kitchen Island, Central Vacuum, Open Floorplan, Built-in Features, Sauna
-
- Appliances
- Dishwasher, Microwave, Refrigerator, Disposal, Gas Range, Tankless Water Heater, Gas Cooktop, Oven, Gas Oven, Double Oven, Gas Water Heater, Washer/Dryer, Ice Maker, Wine Refrigerator, Bar Fridge
-
- Flooring
- Carpet, Wood
-
- Exterior Features
- Dock
-
- Patio And Porch
- Screened, Rear Porch
-
- Pool Features
- Fenced, Heated, In Ground, Pool/Spa Combo, Salt Water
-
- Security Features
- Smoke Detector(s), Security System
-
- Cooling
- Ceiling Fan(s), Central Air, Electric, Multi Units
-
- Heating
- Forced Air, Natural Gas, Central
-
- Basement
- Crawl Space
-
- Lot Features
- Wooded, Level, Views, Corner Lot
-
- View
- Water
-
- Utilities
- Natural Gas Available, Electricity Connected
-
- Water
- Public
-
- County
- Mecklenburg
-
- City
- Cornelius
-
- Neighborhood
- Biscayne Park
-
- Zip Code
- 28031
-
- High School
- William Amos Hough
-
- Middle School
- Bailey
-
- Elementary School
- Cornelius
-
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Estimated Value
$3,543,392
Estimated Sales Price Range:
$3,153,618 - $3,933,165
Source: Constellation Data Labs
Price History
| 06/10/2024 | Sold | $3,637,500 |
| Source: Canopy MLS #4082378 | ||
| 04/03/2024 | Price Changed | $3,700,000 |
| Source: Canopy MLS #4082378 | ||
| Listed | $4,200,000 | |
| Source: Canopy MLS #4082378 | ||
| 10/30/2026 | Price Changed | $3,850,000 |
| Source: Canopy MLS #4387051 | ||
| 05/29/2026 | Listed | $4,200,000 |
| Source: Canopy MLS #4387051 | ||
Source: MLS Data
Deed History
| 06/10/2024 | Warranty Deed | $3,637,500 |
| 02/21/2020 | Warranty Deed | $200,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 05/01/2026 | Credit Line (Revolving) / HELOC | $387,000 |
| 06/10/2024 | Coventional | $2,513,000 |
| 04/11/2022 | Credit Line (Revolving) / HELOC | $250,000 |
| 04/11/2022 | Coventional | $1,050,000 |
| 06/14/2021 | Building or Construction Loan | $1,040,000 |
| 02/21/2020 | Commercial | $141,000 |
Source: Public records via Constellation Data Labs
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There are currently 240 properties available in Cornelius, with 49 under contract to close soon. Properties in the city have an average sale price of $1,071,455 and typically spend 85 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 20218 Rainbow Cir?
Click Ask a Question to talk with our team. You already know it is a 7 bed, 6 bath, listed for $3,850,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Cornelius, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 20218 Rainbow Cir?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 20218 Rainbow Cir at around $21,909. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 20218 Rainbow Cir?
In most cases, yes. Whether 20218 Rainbow Cir is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Cornelius's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $3,850,000 with 7,895 sqft of space—that comes out to approximately $488 per square foot.
How long has this property been on the market?
20218 Rainbow Cir was listed on May 29, 2026, which means it's been on the market for 164 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2022, making it approximately 4 years old.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Cornelius
- Middle: Bailey
- High: William Amos Hough
Want to see how these schools compare? Check out our Mecklenburg County School Guide to see ratings, reviews, and more for the schools in the area.
Is 20218 Rainbow Cir still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Canopy MLS. All rights reserved.
Last Updated: November 09, 2026 at 03:40PM | Source: Canopy MLS | MLS#: 4387051
