Indulge in modern luxury in this newly built LKN masterpiece. As you enter through the striking steel front door, you are greeted by a seamless open concept adorned w/exquisite finishes. French white oak floors to the meticulously curated details, every element of this home exudes timeless elegance & craftsmanship. Featured on main level is the owners suite & ensuite, fitness room w/sauna, office/flex space, full bath & a bonus room w/ swinging barstools! Upper level boasts 5 additional bedrooms and 2nd bonus room all w/sleek design & functional layout. Discover the convenience of not one, but two laundry rooms, & indulge in culinary delights w/the added bonus of a scullery, all high end appliances & oversized full quartzite island. Screened porch w/fireplace overlooks the fenced backyard, including a separate fenced dog run with artificial turf. This residence is a statement of contemporary elegance, reflecting a commitment to luxury living in one of LKN's most sought-after locations.
Property Details
Property Features
Property Information:
Year Built: 2022
Living Area: 7,895 SqFt
Listing Office:
Office Name: Premier Sotheby's International Realty
Interior Features
Interior Information:
Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Freezer, Gas Range, Plumbed For Ice Maker, Refrigerator, Wine Cooler
Basement: No
Flooring Type: Carpet, Marble, Wood
Interior: Breakfast Bar, Built-in Features, Drop Zone, Garden Tub, Kitchen Island, Open Floorplan, Sauna, Walk-In Closet(s), Wet Bar
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 6
Total Bedroom Count: 7
Exterior Features
Parking Information:
Attached Garage: Yes
Parking: Driveway, Attached Garage
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
William Amos Hough High School, Public District Grades 9-12
Bailey Middle School, Public District Grades 6-8
Cornelius Elementary School, Public District Grades KG-5
Price Information
Listing Price Info
Price Summary:
List Price: $3,700,000
Price Per SqFt: $469/SqFt
Tax Information:
Annual Amount: $1,091
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cornelius, NC.
This property is $3.1M more than the Median Sold Price and $199/SqFt more than other homes in Cornelius, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4082378
Listing Office:
Office Name: Premier Sotheby's International Realty
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Cornelius Elementary School
21126 Catawba Ave
Distance between this listing and this school2.59 miles
Public District Grades KG-5
Middle School
9
/10
Bailey Middle School
11900 Bailey Rd
Distance between this listing and this school4.26 miles
Public District Grades 6-8
High School
8
/10
William Amos Hough High School
12420 Bailey Rd
Distance between this listing and this school4.75 miles
Public District Grades 9-12
Assigned Schools
6
/10
Cornelius Elementary School
21126 Catawba Ave
Distance between this listing and this school2.59 miles
Public District Grades KG-5
Nearby Schools
5
/10
J.V. Washam Elementary School
9611 Westmoreland Rd
Distance between this listing and this school2.77 miles
Public District Grades KG-5
7
/10
Davidson Elementary School
635 South St
Distance between this listing and this school3.46 miles
Public District Grades KG-5
Assigned Schools
9
/10
Bailey Middle School
11900 Bailey Rd
Distance between this listing and this school4.26 miles
Public District Grades 6-8
Nearby Schools
9
/10
Mount Mourne School
1431 Mecklenburg Hwy
Distance between this listing and this school5.56 miles
Public District Grades 6-8
7
/10
Francis Bradley Middle School
13345 Beatties Ford Rd
Distance between this listing and this school6.23 miles
Public District Grades 6-8
Assigned Schools
8
/10
William Amos Hough High School
12420 Bailey Rd
Distance between this listing and this school4.75 miles
Public District Grades 9-12
Nearby Schools
8
/10
Community School of Davidson
404 Armour St
Distance between this listing and this school3.52 miles
Public Charter Grades KG-12
6
/10
Lincoln Charter School
7834 Galway Ln
Distance between this listing and this school4.96 miles
The neighbors living near this home have an average income of $171,854. Typical income of Cornelius, NC residents is $200k+ annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 20218 Rainbow Cir
What is the listing price of this property?
The listing price of 20218 Rainbow Cir property is $3,700,000.
What type of property is this?
The property 20218 Rainbow Cir is a house located in Cornelius, North Carolina, 28031.
Is this property for sale now?
Sale Pending: 20218 Rainbow Cir is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 20218 Rainbow Cir are: Cornelius Elementary School: GreatSchools Rating 6/10Bailey Middle School: GreatSchools Rating 9/10William Amos Hough High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,091 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 21, 2020 for $200,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 20218 Rainbow Cir has 7 bedrooms and 6 bathrooms.
What is the square footage of this property?
The property 20218 Rainbow Cir is 7,895 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 20218 Rainbow Cir is 2022.
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This home is located at 20218 Rainbow Cir in Cornelius, NC and zip code 28031 in the Biscayne Park neighborhood. This 7,895 square foot home was built in 2022. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 01, 2023 and is currently priced at $3,700,000.
In March 2024, from all listings sold in Cornelius, NC there were more than 12 sold above asking price, over 23 sold below and more than 13 were sold right at the asked price. In March 2024 in Cornelius, NC there were 1.9% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $530,853, while the average time on the real estate market was 56 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
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