7169 Rainbow Lake Rd, Lake Tomahawk, WI 54539 $1,350,000

• Property Type: HotelMotel
• Status: Active
• Est. Square Footage: 5,706
• Attached Garage: No
• Est. Acreage: 11.42
• Body of Water: Rainbow Flowage
• Est. Waterfront Footage: 3,327
• County: Oneida
• Property Taxes: $4,197
• Property Tax Year: 2022
• Postal City: Lake Tomahawk
• Township: Newbold
• Display City: Lake Tomahawk
• MLS#: 202389
• Listing Company: Eliason Realty - St Germain
• Price/SqFt: $236
• Zip Code: 54539

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!