$1,900,000

Estimated payment $10,690/month

Total Views 2,356
-- Bed
-- Bath
6,388 Sq Ft
$297 Price per Sq Ft

Highlights

  • 1.18 Acre Lot
  • Patio
  • Landscaped
  • Cooling System Mounted To A Wall/Window
  • Zoned Heating
  • Wood Fence

About This Home

Rare Lakefront Resort Investment Opportunity on Rainbow Lake(APNs212-25-017A & 019A)!Own one of Arizona's most sought-after waterfront lodging properties in the heart of the White Mountains.Rainbow's End Fishing Resort offers a unique combination of lakefront accommodations,established rental income, and an unbeatable recreational setting that keeps guests returning year after year.Ideally situated directly on Rainbow Lake, the resort is the only on-lake boat rental operation, featuring a fleet of pontoon boats,canoes,paddle boats,and kayaks that convey with the sale,providing an additional revenue stream.Guests enjoy fishing from the property, breathtaking sunsets, abundant wildlife,and a true mountain-lake experience.The resort is thoughtfully designed for families,outdoor enthusiasts,SE and vacationers seeking relaxation and adventure. Amenities include beautifully maintained grounds, lakeside fire pits, outdoor BBQ areas, a volleyball court, horseshoe pits, cornhole, frisbee golf, and expansive green spaces for recreation and gatherings.
Located in the highly desirable Pinetop-Lakeside area, the property provides easy access to year-round attractions including golf, fishing, hiking, boating, hunting, off-road adventures, skiing, snowboarding, seasonal festivals, live entertainment, dining, and more. The White Mountains are renowned for their pristine lakes, cool mountain climate, breathtaking scenery, and abundant wildlife, including elk, deer, bald eagles, osprey, cranes, geese, ducks, and other native species.
This resort, first established in 1959, with buildings ranging from 1959 thru 1986 presents a rare opportunity to acquire premium lakefront lodging with multiple income sources in one of Arizona's most popular mountain destinations. A truly exceptional investment offering both lifestyle appeal and long-term growth potential.
One of the owners is a licensed Real Estate agent in the State of Arizona.

Listing Agent

Liz Engelhart

Advantage Realty Professionals License #BR558301000 Listed on: 07/02/2026

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,079

Year Built

  • Built in 1985

Lot Details

  • 1.18 Acre Lot
  • Wood Fence
  • Landscaped
  • Property is zoned R-3 w/R-2 uses,

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 6,388 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Fire and Smoke Detector

Parking

  • 20 Parking Spaces
  • 20 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Master Meter
  • Gas Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 212-25-017-A

Community Details

Overview

  • 8 Buildings
  • West Lake Park Subdivision

Amenities

  • Private Restrooms
  • Public Restrooms

Property Details

Property Type

Other

Est. Annual Taxes

$3,079

Year Built

Built in 1985

Lot Details

1.18 Acres

Listing Details

  • Cross Street: Gillespie/Rainbow Lk dr.
  • Property Type: Comm/Industry Sale
  • Zoning: R-3 w/R-2 uses,
  • Number Of Buildings: 8
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2025
  • Lot Size Acres: 1.18
  • Subdivision Name: WEST LAKE PARK
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Cooling:Cooling: Window/Wall Unit
  • Electric:Electric: City Electric, Underground, Master Meter
  • FreewayHighway: Up to 1 Mile
  • Ceiling Height: 8.1 Feet to 10 Feet
  • Building Features: Patio/Deck
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 6388.0
  • Interior Features:Interior Features: Finished, Smoke Detector(s), Private Restrooms, Public Restrooms

Exterior Features

  • Fencing: Wood
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame
  • Roof: Composition, Metal
  • Exterior: Landscaping

Garage/Parking

  • Parking Features: Open, Parking Lot, Off Street
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0

Utilities

  • Electric: City Electric, Underground, Master Meter
  • Cooling: Window/Wall Unit
  • Heating: Electric, Natural Gas, Office Heated, Zoned
  • Security: Smoke Detector(s)
  • Green Building Features: Patio/Deck
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Domestic, Master Meter
  • Gas:Gas: City Gas, Master Meter

Lot Info

  • Lot Size Sq Ft: 51400.0
  • Parcel #: 212-25-017-A

Tax Info

  • Tax Annual Amount: 3079.0
  • Tax Book Number: 212.0
  • Tax Lot: 1
  • Tax Map Number: 25.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2027 $3,079 --
2026 $3,192 --
2025 $3,155 $29,215 $7,084 $22,131
2024 $2,966 $25,863 $7,084 $18,779
2023 $3,155 $23,360 $6,623 $16,737
2022 $2,966 $0 $0 $0
2021 $3,320 $0 $0 $0
2020 $3,195 $0 $0 $0
2019 $3,204 $0 $0 $0
2018 $3,116 $0 $0 $0
2017 $3,287 $0 $0 $0
2016 $2,936 $0 $0 $0
2015 $2,796 $6,517 $2,301 $4,216
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2026 07/02/26 For Sale $1,900,000 -- $297 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Pioneer Title Agency
Trustee Deed $275,000 Pioneer Title Agency
Warranty Deed -- Pioneer Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $277,000 Unknown
Closed $200,000 New Conventional
Previous Owner $305,000 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7049157

Arizona Regional Multiple Listing Service (ARMLS)
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