Sold
Last Sold Price
2 beds1,750 sqft$302/sqft
50 Rainbow Ridge Rd, Swannanoa, NC 28778
Single FamilyProperty Type
1.56 acresLot Size
1956Year Built
$302/sq ftPrice per sq ft
2 carsParking Spaces

Description

Peaceful retreat ideally located between Asheville and Black Mountain, just steps from the hiking trails of Warren Wilson College. This well-maintained home sits on 1.5+ wooded acres with mountain and sunrise views through the trees. The open main level features a sunroom, custom woodwork, and an updated kitchen and bath. Finished basement offers flexible space with a separate bath, kitchenette, and second sunroom—ideal for guests or rental potential (previous Airbnb use). Enjoy lush landscaping...Peaceful retreat ideally located between Asheville and Black Mountain, just steps from the hiking trails of Warren Wilson College. This well-maintained home sits on 1.5+ wooded acres with mountain and sunrise views through the trees. The open main level features a sunroom, custom woodwork, and an updated kitchen and bath. Finished basement offers flexible space with a separate bath, kitchenette, and second sunroom—ideal for guests or rental potential (previous Airbnb use). Enjoy lush landscaping with Japanese maples, dogwoods, azaleas, and rhododendron, plus space to garden and berry bushes in a private, quiet setting. Solar panels, mini-splits, 2019-warrantied roof, updated systems, a two-car garage, and ample parking and storage complete this private mountain refuge.
  • Listed by: • Mosaic Community Lifestyle Realty megan@mymosaicrealty.com
Listing closed: 06/18/2026 12:00 AM • Source: CANOPY, MLS#: 4368868

Location

Listing Courtesy of Mosaic Community Lifestyle Realty

Sold By RE/MAX Executive

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$2,890 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,689

Property Taxes

$201

HOA Dues

$0

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Property Information for 50 Rainbow Ridge Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side
  • Subdivision Name: None
Building Information
  • Year Built: 1956
  • Lot Size: 1.56 AC / 67,953 SF
Summary
Location and General Information
  • Longitude: -82.437613
  • Latitude: 35.616282
  • Directions: From Asheville, take I-40 east - Exit 55, left at end of ramp then right on Hwy 70. Left on Warren Wilson Rd. Just past Warren Wilson College turn left on Rainbow Ridge. Home will be on your left.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • Tax Assessed Value: $407,100.00
  • Parcel Number: 9679-86-5921-00000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Charles D Owen
  • High School: Charles D Owen
  • Elementary School: WD Williams
Parking
  • Parking: Open Parking YN: No
  • Parking: Other: Plenty of parking in the two-car garage and two driveways. Ideal for those who like to entertain as driveways fit numerous vehicles.
  • Parking: Carport YN: No
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Garage Main Level YN: Yes
Property
Lot Information
  • Above Grade Finished Area: 1157.0
  • Below Grade Finished Area: 593.0
  • Sq Ft Garage: 522
  • Sq Ft Lower: 0
  • Sq Ft Main: 1157
  • Sq Ft Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Sq Ft Total Property HLA: 1750.0
  • Lot Features: Green Area, Level, Private, Wooded
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 37
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
  • Restrictions: Short Term Rental Allowed
Utilities
  • Sewer: Septic Installed
  • Utilities: Solar
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Exterior Features: Storage
  • Construction Materials: Brick Partial, Wood
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Patio
  • Pool Private YN: No
  • Road Surface Type: Dirt, Gravel, Paved
  • Roof: Architectural Shingle
  • Other Structures: Shed(s)
Interior Features
  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Solar Hot Water, Washer, Washer/Dryer
  • Levels: One
  • Cooling: Ductless
  • Heating: Ductless
  • Interior Features: Breakfast Bar, Built-in Features, Open Floorplan, Storage
  • Laundry Features: In Basement
  • Fireplace YN: Yes
  • Flooring: Concrete, Laminate, Tile, Wood
  • Foundation Details: Basement
  • Basement YN: Yes
  • Basement Features: Apartment, Basement Shop, Daylight, Exterior Entry, Interior Entry, Partially Finished, Storage Space, Walk-Out Access, Walk-Up Access
  • Bedroom Main: 2
  • Full Bath Basement: 1
  • Full Bath Main: 1
  • Half Bath Main: 0
Room Information
Room Information
  • Room Count: 10.0
Room 1
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 2
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 3
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 4
  • Room Types: Laundry
  • Room Level: Basement
Room 5
  • Room Types: Dining Area
  • Room Level: Main
Room 6
  • Room Types: Kitchen
  • Room Level: Main
Room 7
  • Room Types: Living Room
  • Room Level: Main
Room 8
  • Room Types: Den
  • Room Level: Basement
Room 9
  • Room Types: Bathroom-Full
  • Room Level: Basement
Room 10
  • Room Types: Sunroom
  • Room Level: Basement

Property History for 50 Rainbow Ridge Road

DateEvent & SourcePriceAppreciation
Jun 18, 2026

Closed

CANOPY #4368868

$529,000
Jun 15, 2026

Closed (Public Record)

Public Record #1942512594

$529,000

+7.2% / yr

May 30, 2026

Under Contract-Show

CANOPY #4368868

DateEvent & SourcePrice
06/18/2026

Closed

CANOPY #4368868

$529,000
06/15/2026

Closed (Public Record)

Public Record #1942512594

$529,000

+7.2% / yr

05/30/2026

Under Contract-Show

CANOPY #4368868

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

Public Records for 50 Rainbow Ridge Road

Taxable ValueLand$57,700Additions$289,300Total$347,000
Tax Record2025$2,417 ($201 / month)
Home Facts
Beds2Baths2Total Finished SqFt2,256 SqFtAbove Grade Finished SqFt1,706 SqFtFinished Basement SqFt550 SqFtUnfinished Basement SqFt606 SqFtStories1Lot Size67,954 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1956ZoningR-1CountyBUNCOMBEAPN9679-86-5921-00000

Schools near 50 Rainbow Ridge Road

This home is within Buncombe County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
W D Williams Elementary
PublicPK to 5

Charles D Owen Middle
Public6 to 8

Charles D Owen High
Public9 to 12

Community High School
Public7 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 50 Rainbow Ridge Road, Swannanoa, NC 28778
$529,000
2
1,750
67,953
5
2,208
91,476
$40,000
27,878
$40,000
34,412
2
2
1,390
55,321
17,860

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mosaic Community Lifestyle Realty

Based on information submitted to the MLS GRID as of 06/18/2026 03:44 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.