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Sold for $310,000
  • $310,000

    7071 Rainbow Lake Rd, Lake Tomahawk, WI 54539

    2beds
    1,616sqft
    Single Family Residence
    Built in 1976
    1.16 Acres Lot
    $323,800 Zestimate®
    $192/sqft
    $1,572 Estimated rent

    Home value

    $323,800

    $291,000 - $356,000

    $1,572/mo

    Zestimate® history
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    What's special

    Lake Tomahawk/Rainbow Flowage area home has two bedrooms and full bath on the main level and sleeping area's in the basement with another full bathroom, extra wood room and walkout. Almost everything has been remodeled in recent years and the seller is still working on a few more areas. The home has hydronic heat and a wood burning stove should you decide to use it. This property has a view of the lake however, there is a 200ft strip of State Land between the sellers property and the lake which you could easily walk down to and walk the sandy beaches when the Rainbow Flowage is down just a few feet. The property has a paved driveway with plenty of parking. There is a two car detached garage, a metal storage building measuring 16X25 for your cold storage and another 12x20 building to store other items. This property is adjoins State Land and has a water view from the living room. The property is within a half mile of the snowmobile trail and sits on a dead end road for more privacy.

    Zillow last checked: 8 hours ago

    Listing updated: July 09, 2025 at 04:23pm

    Listed by:

    EDMUND CHOINSKI 715-493-7827,

    4 STAR REALTY

    Bought with:

    RICHELLE & TIM KRUSE, 45311 - 90

    ELIASON REALTY - ST GERMAIN

    Source: GNMLS,MLS#: 201332MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: First
    • Dimensions: 11x10
    Bedroom
    • Level: First
    • Dimensions: 10x11
    Bathroom
    • Level: Basement
    Bathroom
    • Level: First
    Bonus room
    • Level: Basement
    • Dimensions: 6x10
    Dining room
    • Level: First
    • Dimensions: 11x11
    Kitchen
    • Level: First
    • Dimensions: 11x16
    Laundry
    • Level: Basement
    • Dimensions: 16x10
    Living room
    • Level: First
    • Dimensions: 22x13
    Recreation
    • Level: Basement
    • Dimensions: 21x13
    Workshop
    • Level: Basement
    • Dimensions: 21x12
    Workshop
    • Level: Basement
    • Dimensions: 12x10
    Heating
    • Hot Water, Propane
    Appliances
    • Included: Dryer, Electric Water Heater, Gas Oven, Gas Range, Refrigerator, Washer
    • Laundry: Washer Hookup, In Basement
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Vinyl
    • Basement: Exterior Entry,Full
    • Has fireplace: No
    • Fireplace features: Free Standing, Wood Burning
    Interior area
    • Total structure area: 1,616
    • Total interior livable area: 1,616 sqft
    • Finished area above ground: 1,304
    • Finished area below ground: 312

    Property

    Parking
    • Total spaces: 3
    • Parking features: Additional Parking, Detached, Garage, Two Car Garage, Storage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Propane Tank - Owned
    • Frontage length: 0,0
    Lot
    • Size: 1.16 Acres
    • Dimensions: 172 x 277
    • Features: Adjacent To Public Land, Dead End, Level, Rural Lot
    Details
    • Additional structures: Garage(s)
    • Parcel number: 0200111810007 & 11816A
    • Zoning description: Recreational

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: One Story
    • Property subtype: Single Family Residence
    Materials
    • Composite Siding, Frame, Masonite
    • Foundation: Block
    • Roof: Composition,Shingle
    Condition
    • Year built: 1976

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: County Septic Maintenance Program - Yes, Conventional Sewer
    • Water: Drilled Well

    Community & neighborhood

    Location
    • Region: Lake Tomahawk

    Other

    Other facts
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/10/2023Sold$310,000-1.6%$192/sqft
    Source: GNMLS #201332 Report a problem
    6/19/2023Contingent$314,900$195/sqft
    Source: GNMLS #201332 Report a problem
    6/14/2023Price change$314,900-3.1%$195/sqft
    Source: GNMLS #201332 Report a problem
    5/8/2023Listed for sale$324,900$201/sqft
    Source: GNMLS #201332 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,207 +23.3%$185,700 +27.4%
    2023$979 -4.5%$145,800
    2022$1,025 -30.5%$145,800

    Find assessor info on the county website

    Neighborhood: 54539

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: VI Northland Pines

    Source: GNMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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