$224,900
$25K PRICE DROP

2422 Rainbow Lake Dr Lakeside, AZ 85929

Estimated payment $1,316/month

Total Views 2,763
0.85 Acre
$264,588 Price per Acre
37,026 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • 0.85 Acre Lot
  • No HOA
  • Waterfront
  • Pine Trees
  • Partially Fenced Property

About This Lot

SELLER FINANCING AVAILABLE! Discover the rare opportunity to own two prime parcels totaling 0.85 acres along the tranquil shores of Little Rainbow Lake in Lakeside, AZ. With electricity and water available (buyer to verify) and a successful perc test in recent years, your dream of lakeside living is within reach. Position your build strategically, and you could enjoy breathtaking views of Rainbow Lake, a pristine 116-acre oasis tucked within the Apache-Sitgreaves National Forests. This stunning body of water is not just a recreational paradise--it's an ecological treasure, serving as a habitat for diverse wildlife and a serene retreat for nature lovers. Imagine watching the sunset over all three lakes from your elevated deck, surrounded by the lush beauty of the forest.

Listing Agent

Stephanie Reidhead

West USA Realty - Pinetop License #SA509622000 Listed on: 05/06/2025

West USA Realty - Pinetop

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $841

Lot Details

  • 0.85 Acre Lot
  • Waterfront
  • Partially Fenced Property
  • Chain Link Fence
  • Planted Vegetation
  • Sloped Lot
  • Pine Trees
  • Additional Parcels

Additional Features

  • Borders State Land
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 212-25-030

Property Details

Property Type

Land

Est. Annual Taxes

$841

Lot Details

0

Listing Details

  • Additional Parcels YN: Yes
  • Estimated Number of Acres: 0.85
  • Assessor Parcel Number: 212-25-030
  • Directions: Hwy 260, South on Neils Hansen Ln onto Rainbow Lake Dr, property on your right just before the dam.
  • Listing Member Name: Stephanie Reidhead
  • Listing Office Short Id: wusapine
  • Open House Office I D: 20140502125817116754000000
  • Property Adjoins: Private, State Land
  • Property Boundary: Chain Link Fence, Partly Fenced, Recorded Survey
  • Prop. Type: Land
  • List Price Range: 22E
  • Subdivision Neighborhood: Lakeside Unsubdivided
  • Trees On Property: Yes
  • Estimated Lot Sq Ft: 37026.00
  • Land Type: Residential
  • List Price per Acre: 264588.24
  • Maintained Road: Yes
  • Sewer Installed: No
  • Offsite Built: Yes
  • Terrain: Sloping
  • Utilities At Lot Line: Electricity Available, Utilities Available - Buyer to Verify, Water Available
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Limited Service: No

Exterior Features

  • Exterior Features: In the Trees, Street Paved, Tall Pines On Lot, Waterfront
  • Horses Allowed On Property: Yes
  • Road Maintenance: City
  • Waterfront: Yes

Utilities

  • Power Available: Yes
  • Sewer Available: No
  • Water Available: Yes
  • Septic Installed: No

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 840.90

Schools

  • School District: Blue Ridge
  • School District: Blue Ridge

Lot Info

  • Deed Restrictions: None

Tax Info

  • Year: 2024

Multi Family

  • Multi Family: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $376 -- -- --
2025 $360 $6,701 $6,701 $0
2024 $329 $6,701 $6,701 $0
2023 $360 $6,265 $6,265 $0
2022 $329 $0 $0 $0
2021 $358 $0 $0 $0
2020 $345 $0 $0 $0
2019 $346 $0 $0 $0
2018 $413 $0 $0 $0
2017 $415 $0 $0 $0
2016 $429 $0 $0 $0
2015 $489 $3,995 $3,995 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Price Changed $224,900 -4.3% --
07/03/2025 07/03/25 Price Changed $234,900 -2.1% --
06/11/2025 06/11/25 Price Changed $239,900 -4.0% --
05/06/2025 05/06/25 For Sale $249,900 +354.4% --
09/22/2017 09/22/17 Sold $55,000 -- --
Source: White Mountain Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $30,000 Lawyers Title Of Arizona Inc
Foreclosure Deed -- Lawyers Title
Warranty Deed $55,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,000 Purchase Money Mortgage
Source: Public Records

Source: White Mountain Association of REALTORS®

MLS Number: 255810

White Mountain Association of REALTORS®

APN: 212-25-030