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Rainbow Shores
7169 Rainbow Lake Rd, Newbold, WI 54539
$1,350,000
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Northwoods MLS Listing Number: 202389

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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!

General Information

  • Business Name: Rainbow Shores
  • Business Type: Accommodation, Restaurant/Bar, Investment
  • Lake/River: Rainbow Flowage
  • Lot Size Sq Ft: 497455
  • Address: 7169 Rainbow Lake Rd
  • Township: Newbold
  • County: Oneida County
  • Zip Code: 54539

Interior Features

  • Total Building Sq Ft: 5706
  • Total Basement Sq Ft: 0
  • Bedrooms: 4
  • Bathrooms: 6
  • Flooring: Vinyl, Carpeting, None
  • Features: Inside Storage, Living Quarters
  • Number of Stories: 2
  • 1st Floor Sq Ft: 1363
  • 2nd Floor Sq Ft: 1363
  • 3rd Floor Sq Ft: 3280

Exterior & Lot Features

  • Lot Size Sq Ft: 497455
  • Lot Features: Lake Front, Level, Wooded Area, On ATV Trl, Rural Setting, Water View, Private Setting, Public Land Adjacent, On Snowmobile Trl, No Thru Road, Faces South, Lake is Full Rec
  • Parking Type: Private over 10, Unpaved
  • Parking Spaces: 
  • Number of Units: 3
  • Lake/River: Rainbow Flowage
  • Lake Chain: 
  • Lake Acres: 2035
  • Shoreline: Sand
  • Water Frontage Ft: 3327

Community & Neighborhood

  • Township/County: Newbold, Oneida County
  • Complex/Subdivision: 
  • Access Road: Town Road, Paved Road
  • Road Frontage Ft: 1157

Utilities

  • Utilities/Services: Circuit Breakers, Phone
  • Fuel: LP/Propane
  • Water: Drilled Well
  • Sewer: Conventional, Mound, Boring Required

Construction

  • Year Built: 
  • Construction: Frame/Stick
  • Exterior Finish: Composition/Masonite, Metal
  • Roofing: Composition Shingles, Rubber

Other

  • Zoning: 
  • Taxes: 4197

Listing information provided by The Greater Northwoods MLS.
Listed by: ELIASON REALTY - ST GERMAIN

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C21NorthwoodsTeam.com - Listing Details
CENTURY 21® Northwoods Team
121 N. Lake Avenue, Crandon, WI 54520
Toll Free: 1-877-221-6937 | Office: 715-478-3744
Email: c21nwds@yahoo.com