220 Rainbow Ter, Black Mountain, NC, 28711
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2018
Materials
- Foundation: Crawl Space
- Construction materials: Fiber Cement
Type & Style
- Home type: Townhouse
- Architectural style: Contemporary
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Oven,Electric Range,Microwave,Refrigerator,Washer,Washer/Dryer
- Laundry features: In Unit,Inside,Upper Level
Bathroom Full
- Level: Upper
Bathroom Half
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Level: Main
Features
- Breakfast Bar,Walk-In Closet(s)
- Flooring: Tile,Wood
- Finished area below ground: 0
- Finished area above ground: 1,532
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 1,532
- Total interior livable area: 1,532 sqft
Kitchen
- Features: Breakfast Bar
- Level: Main
Laundry
- Level: Upper
Living Room
- Level: Main
Other
- Features: Walk-In Closet(s)
- Level: Upper
Primary Bedroom
- Features: En Suite Bathroom,Walk-In Closet(s)
- Level: Upper
Property
Details
- Parcel number: 071060571300000
- Zoning: UR-8
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Covered,Deck,Front Porch,Rear Porch
Lot
- Lot size: 0.04 Acres
- Features: Level,Sloped
Parking
- Total spaces: 1
- Parking features: Driveway,Attached Garage,Garage on Main Level
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Ice Storm
- Lightning
- Inland Flooding
- Landslide
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Buncombe County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,997 | $23,964 |
| Home Insurance * | $109 | $1,308 |
| Property Taxes | $285 | $3,420 |
| Electricity | $200 | $2,405 |
| Total | $2,591 | $31,092 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-21 | Price change | $395,000 |
| 2026-04-14 | Pending sale | $399,000 |
| 2026-04-10 | Listing removed | $399,000 |
| 2026-04-06 | Price change | $399,000 |
| 2025-09-25 | Price change | $415,000 |
| 2025-09-23 | Price change | $439,000 |
| 2025-09-15 | Price change | $440,000 |
| 2025-09-08 | Price change | $441,000 |
| 2025-08-28 | Price change | $442,000 |
| 2025-07-07 | Price change | $443,000 |
| 2025-06-19 | Price change | $448,000 |
| 2025-06-13 | Price change | $459,000 |
| 2025-05-29 | Listed for sale | $467,000 |
| 2023-03-15 | Listing removed | -- |
| 2023-02-28 | Listed for rent | $2,400 |
| 2021-03-24 | Listing removed | -- |
| 2019-10-17 | Listing removed | $1,800 |
| 2019-10-16 | Listed for rent | $1,800 |
| 2019-09-19 | Sold | $257,000 |
| 2019-08-14 | Pending sale | $264,900 |
| 2019-08-09 | Price change | $264,900 |
| 2019-07-11 | Price change | $267,400 |
| 2019-05-20 | Listed for sale | $269,900 |
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