11.4 Acres of Improved Mixed-Use Land for Sale in Lake Tomahawk, Wisconsin
7169 Rainbow Lake Rd, Lake Tomahawk, WI 54539
This is an incredibly beautiful property on the Rainbow Flowage. The property features 2,769 feet of sandy and south facing lake frontage on a point, including private acreage across the bay, plus 3 lots with frontage on a pond across Rainbow Lake Rd. Lots of possibilities here! It has been in the family for over 50 years and run as a mobile home park with restaurant and tavern. There are currently 21 leased sites and the tavern is currently leased also. The living quarters are currently set up as a duplex. The upper level has 3 bdrms/2 baths, liv rm, and kit, and the lower level has a huge bedroom suite,2 full bathrooms, liv rm, eat in kitchen, and laundry room. All with lake views. Many updates such as newer windows, siding, furnaces, etc. There is a private boat launch and it's right near the snowmobile and AVT trails too. Boating and fishing the flowage makes you really appreciate what nature has given us!
Directions
From STH 70, take CTH J west, left (south) on CTH E, left on Rainbow Lake Rd to Fire # 7169.
Property details
- County
- Oneida County
- Elevation
- 1,604 feet
- MLS Number
- GNMLS 202389
- Date Listed
Legal description
SW SE, EXC DOC #662221, CSM V8 P2104 & P2105 R'MNDR BNG PCLS C & D SM B3640 APPX 8.7A INCLUDES UNITS 1-28SEE LIO RESEARCH
Parcels
- 1183-1
- 1183-2
- 1183-3
- NE-1183
Property taxes
- 2022
- $4,197
Resources
Detailed attributes
Listing
- Type
- Commercial
Lot
- Views
- Water
Structure
- Stories
- 2
- Materials
- Masonite, Metal
- Roof
- Composition Shingle
- Cooling
- Window Unit(s) A/C
- Heating
- Forced Air
Interior
- Rooms
- Bedroom x 4, Full Bath x 6
- Floors
- Carpet, Vinyl
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Sept 7, 2023 | Back on market | $1,350,000 | — | GNMLS |
July 21, 2023 | New listing | $1,350,000 | — | GNMLS |