$374,900
$15K PRICE DROP

8862 W Rainbow Lake Dr Baldwin, MI 49304

Estimated payment $2,166/month

Total Views 9,552
3 Beds
2 Baths
1,660 Sq Ft
$226 Price per Sq Ft

Highlights

  • Private Waterfront
  • Forced Air Heating System
  • Gas Log Fireplace
  • Deck
  • 1-Story Property

About This Home

Located just 90 minutes north of Grand Rapids makes this a perfect lake home for vacationing or year-round living. This 3-bedroom 2-bath home is situated on nearly half an acre with over 100 feet of Rainbow Lake frontage. Rainbow Lake is an all seasons, no-wake lake. Rainbow Lake connects to Reed Lake via a channel between them. This home features a large living room with gas fireplace and is open to an extra-large dining room. You can take in lake views from the living room, dining room, breakfast area, or the kitchen. A large deck across the entire back of the home provides additional relaxing and entertaining space easily accessed through the sliding door in the dining room. Main floor laundry, hardwood floors, and tons of storage are just a few of the perks. Generator included. this home. There is even an additional (approx.) 500 sf of unfinished living space in the lower walkout level that can used for an extra-large family room, or family room and 4th bedroom. New roof in 2022 and newer water heater. Home includes all appliances, and washer and dryer.

Listing Agent

Steven Buck

Greenridge Realty (Cascade) License #6501392814 Listed on: 05/28/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,519

Year Built

  • Built in 1974

Lot Details

  • 0.5 Acre Lot
  • Private Waterfront
  • 102 Feet of Waterfront

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Walk-Out Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,519

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1974
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: IRR
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1660.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 1519.0
  • Tax Info:Zoning3: Res
  • Waterfront Options:Water Access YN: Yes
  • Heat Source:Propane: Yes
  • Heat Type:Forced Air: Yes
  • Sewer:Septic System: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Waterfront Options:Water Frontage3: 102.0
  • General Property Info:Fireplace: Yes
  • Substructure:Walk Out: Yes
  • General Property Info:SqFt Above Grade: 1660.0
  • Laundry Features Main Level: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Info Garage YN: No
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Walk-Out Access
  • LivingArea: 1660.0
  • General Property Info:Stories2: 1.0
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 374900.0
  • Patio and Porch Features: Deck
  • Water Body Name: Rainbow Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Patio and Porch Features:Deck(s): Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Laundry Closet, Main Level
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes

Lot Info

  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 21780.0
  • Zoning Description: Res

Tax Info

  • Tax Annual Amount: 1519.0
  • Tax Year: 2025

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
2025 $1,443 $112,600 $0 $0
2024 $1,443 $108,000 $0 $0
2022 $1,444 $79,200 $0 $0
2021 $1,352 $68,800 $0 $0
2020 $1,329 $63,200 $0 $0
2019 $1,312 $63,800 $0 $0
2018 $1,298 $57,100 $0 $0
2017 $1,216 $56,100 $0 $0
2016 $1,300 $53,100 $0 $0
2015 -- $49,000 $0 $0
2014 -- $48,600 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $374,900 -3.8% $226 / Sq Ft
05/28/2025 05/28/25 For Sale $389,900 -- $235 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25024594

Southwestern Michigan Association of REALTORS®

APN: 13-153-007-02