UNDER CONTRACT
$25K PRICE DROP
8043 Rainbow Rd Lake Tomahawk, WI 54539
Estimated payment $1,616/month
Total Views
9,291
3
Beds
2
Baths
1,401
Sq Ft
$196
Price per Sq Ft
Highlights
- Lake Front
- Wood Burning Stove
- Wooded Lot
- Deck
- Private Lot
- Cathedral Ceiling
About This Home
This Northwoodsy 3-BR, 2-BA home offers a tranquil retreat and includes shared 1/2 interest in 50' deeded access parcel on Tomahawk Lake, on the full-rec Minocqua Chain. Set on a picturesque 1.29-acre wooded lot with serene pond views, the home blends rustic charm with modern updates. Featuring 1,401 sqft of living space, the open-concept layout provides a spacious and inviting atmosphere, perfect for entertaining or relaxing by the wood-burning stove. The home is equipped with gas forced air heating, ensuring comfort year-round. Enjoy the open sundeck or the cozy screen house, perfect for bug-free evenings. A separate garage/shed provides additional storage space for tools or outdoor gear. You’ll appreciate the convenience of high-speed internet, city sewer, and a drilled well. The home comes complete w/appliances, making it move-in ready. Located just a few blocks from downtown Lake Tomahawk, you’ll have easy access to local shops, restaurants, & community amenities & events.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,472
Lot Details
- 1.29 Acre Lot
- Lot Dimensions are 242x230
- Lake Front
- Property fronts an easement
- Rural Setting
- Private Lot
- Secluded Lot
- Wooded Lot
Parking
- 1 Car Garage
- Shared Driveway
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 1,401 Sq Ft Home
- 1.5-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Stove
- Free Standing Fireplace
- Property Views
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Interior Basement Entry
- Crawl Space
Outdoor Features
- Deck
- Open Patio
Schools
- Mhlt Elementary School
- Lakeland Union High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Drilled Well
- Electric Water Heater
- Cable TV Available
Community Details
- Plat Of Hilltop Subdivision
- Shops
Listing and Financial Details
- Assessor Parcel Number 01001-0757-00007
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $1,668 | $237,600 | $71,600 | $166,000 |
| 2023 | $1,718 | $237,600 | $71,600 | $166,000 |
| 2022 | $1,744 | $159,700 | $39,000 | $120,700 |
| 2021 | $1,831 | $159,700 | $39,000 | $120,700 |
| 2020 | $1,732 | $159,700 | $39,000 | $120,700 |
| 2019 | $1,756 | $159,700 | $39,000 | $120,700 |
| 2018 | $1,639 | $159,700 | $39,000 | $120,700 |
| 2017 | $1,605 | $159,700 | $39,000 | $120,700 |
| 2016 | $1,777 | $159,700 | $39,000 | $120,700 |
| 2015 | $1,729 | $159,700 | $39,000 | $120,700 |
| 2014 | $1,729 | $159,700 | $39,000 | $120,700 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $274,000 | -8.4% | $196 / Sq Ft |
| 07/01/2025 07/01/25 | For Sale | $299,000 | -- | $213 / Sq Ft |
Source: Greater Northwoods MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,152,000 | Shoreline Title Services In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $7,500 | No Value Available |
Source: Public Records
Similar Home in the area
Source: Greater Northwoods MLS
MLS Number: 213039
APN: LT 757
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