2616 Rainbow Lake Drive

Lakeside, AZ
$ 629,850 Beds 3 Baths 3 Sq 2,411
Monthly Estimate* How much can I afford?

Experience the ultimate mountain lifestyle on this beautifully improved, fully fenced and gated property directly across from Rainbow Lake in desirable Pinetop-Lakeside. The sellers are offering this lovely home due to a change in circumstances, after completing significant improvements. This 2,411 sq ft, 3-bedroom, 3-bath home features a spacious floor plan with large windows, wood flooring, and a unique chef's kitchen with an antique gas stove and custom cultured concrete countertops. A remodeled upstairs suite offers added privacy. Relax by the fireplace or enjoy the massive covered patio. Set on over 1 acre with fruit trees, raised garden beds, covered parking, workshops, secure electric gate, city water/sewer, two on-site wells (one operational), and a boat dock across the street

Active

  • Price
  • $ 629,850
  • City
  • Lakeside
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • NAVAJO
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 1.01 Acres
  • Zip
  • 85929
  • Sqr Footage
  • 2,411
  • Year Built
  • 1933
  • Taxes
  • $ 2183
  • Style
  • Residential
  • MLS#
  • 6973148
Listed By: Torreon Realty; 928-242-5074
Data Source: Arizona Regional MLS (ARMLSN)

Features

General

Sewer Public Sewer
Heating Forced Air
Cooling Other
Possession Close Of Escrow
Roof Other
Garage Spaces 0.0
Association Fee Includes No Fees
Construction Materials Wood Siding,Wood Frame
Year Built 1933
View Lake,Trees/Woods,Mountain(s)
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Community Features Lake
County Navajo
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Lake O' The Woods Park
Green Water Conservation Tankless Ht Wtr Heat
Other Structures Workshop,Shed(s)
Special Listing Conditions N/A
Status Active
Directions In Lakeside,take White Mtn Blvd (Hwy 260) to Lakeview Lane,Turn Right on Rainbow Lake Drive (near Rainbow Lake) property is on the Right - see sign,Torreon Realty
City Lakeside
Disclosures Well Disclosure
High School District Blue Ridge Unified School District No. 32
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 44000.0
Carport Spaces 2.0
Carport Y/N No
Spa Features None
Elementary School Blue Ridge Elementary School
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2183.28
Home Warranty Y/N No
Current Financing Other
Middle/Junior High School Blue Ridge Jr High School
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name UNK
Standard Status Active
Occupancy Type Vacant
Elementary School District Blue Ridge Unified School District No. 32
Tax Lot 212-24-091A
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
New Financing: FHA True
Ttl Monthly Fee Equiv 0.0
New Financing Cash True
New Financing: VA True

Interior Features

Interior Amenities See Remarks,Master Downstairs,Furnished(See Rmrks),Full Bth Master Bdrm
Flooring Other,Vinyl,Tile,Wood
Fireplace Features Family Room,Living Room,Gas
Total Stories 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Dual Pane
Fireplace Y/N Yes
Laundry Features Inside
Total Bedrooms 3
LivingAreaSource Owner
Total Baths 3
Bedrooms Possible 3
Other_sp_Rooms_co_Family_sp_Room True
Multiple Ovens True

Exterior Features

Exterior Amenities Rain Gutters,Storage
Fencing Chain Link
Parking Features Attached Carport,Detached Carport,Gated
Lot Features None,Corner Lot
Water Source Private Well,Public
Lot Size Area 44000.0
Spa No
Lot Size Acres 1.01
Road Surface Type Asphalt
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 2.0
Crops Included Y/N No
Road Responsibility City Maintained Road
Horse Y/N Yes
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Gilbert, AZ office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Blue Ridge Elementary School
Middle School Blue Ridge Jr High School
High School Unknown High School

Price History

1/23/2026 Listed $650,000
6/17/2026 2% - $640,000
7/13/2026 1% - $635,000
7/20/2026 1% - $629,850

Property vs Zip Code Average in 85929

Price
AVG $660K
$630K
Taxes
AVG $2,298
$2,183
Year Built
AVG 1997
1933
Visits
AVG 140
98
Data Provided by Inside Real Estate®

Areas That We Cover

2616 Rainbow Lake Drive Lakeside, AZ is a Single Family Home for sale at $629850 with 2411 sqft and a lot size of 1.01 Acres Acre(s). 2616 Rainbow Lake Drive Lakeside has 3 bedrooms, 3 baths and was built in 1933. The property's zip code is 85929 which is in Lakeside, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.