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About This Home

This 2-bedroom, 3-bathroom townhouse at 220 Rainbow Terrace in Black Mountain, NC is listed for $395,000 ($258 per sqft). Built in 2018, the home offers 1,532 sqft of living space on a 0.04 acres lot.

Agent Description

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.

Key Features

  • Built in 2018
  • 0.04 acre lot
  • 2 stories

Property Details

2 stories
2 full, 1 half
2018

Monthly Cost Estimate

$2,323/mo

20% down · 6.5% · 30 years

Principal$286
Interest$1,712
Insurance$115
HOA$210

Estimates only. Actual payments may vary.

Location

220 Rainbow Terrace

Black Mountain, NC 28711

Cottonwood

Features & Amenities

Interior Features

Breakfast BarEntrance FoyerWalk-In Closet(s)

Property Details

Flooring

TileWood

Construction

Fiber Cement

Pool Features

DeckPorch

Parking

Garage - AttachedDriveway

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Appliances

DishwasherDryerElectric OvenElectric RangeMicrowaveRefrigeratorWasherWasher/Dryer

Questions & Answers

This 2-bedroom, 3-bathroom townhouse at 220 Rainbow Terrace is listed at $395,000 ($258/sqft). The estimated monthly payment is $1,922 based on 20% down at 6.5% interest.

HOA fees are $210/month.

Key features include: Built in 2018, 0.04 acre lot, 2 stories. Interior Features: Breakfast Bar, Entrance Foyer, Walk-In Closet(s).

This property is listed by Holly Lindsey and can be reached at 8287361166 or hollyasheville@gmail.com.

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HL

Holly Lindsey

Agent at Noble & Company Realty

(828) 736-1166

Listed by Noble & Company Realty · View on Broker Site

MLS# 4264765· Source: listhub· Updated 328 days ago

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

220 Rainbow Terrace, Black Mountain, NC 28711

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