SOLD SEP 5, 2025

Off Market Sep 2025 for $488K

$496,740

Est. refi paymentEst. refi $798/mo

•

1,452

sq ft

8041 Rainbow Rd, Lake Tomahawk, WI 54539

About this home

Charming & updated 3BR/2BA chalet-style home. The property includes shared 1/2 interest in 50' deeded access parcel to beautiful Tomahawk Lake, part of the full-rec Minocqua Chain—perfect for boating, fishing, swimming, & year-round enjoyment. Situated on a peaceful wooded lot, this inviting Northwoods retreat features 1,560 sqft of living space with a bright open-concept layout that’s perfect for entertaining or relaxing by the cozy wood-burning fireplace. Modern conveniences include gas-forced air heating, central air, & high-speed internet, making it ideal for both year-round living or vacation use. The home boasts a large open sundeck ideal for enjoying the fresh air & surrounding nature. Just a few blocks from charming downtown Lake Tomahawk, you’ll have easy access to local shops, dining, & community events. Additional features include a partially-finished basement, city sewer, well, 1-car att garage, & all appliances. A rare blend of comfort, convenience, & Northwoods charm!

Single-familyProperty Type

1983Year Built

0.45 acresLot Size

$342Est. Price/Sq.Ft.

1 car garageParking

Listed by RENEE & CHAD RASMUSSEN TEAM • REDMAN REALTY GROUP, LLC

Bought with THE HERVEY TEAM • REDMAN REALTY GROUP, LLC

Redfin checked: a few seconds ago

•Source:GNMLS #213037

Redfin Estimate

$496,740

$8,740 since sold in September 2025$10K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 42.7% higher than the average sale price ($348K) of 6 comparable homes.

SOLD DEC 19, 2025
$399,900
A
3 beds2 baths1,352 sq ft
157 Forest Cir, Minocqua, WI 54568
SOLD AUG 7, 2026
$195,000
B
3 beds2 baths1,404 sq ft
7014 Hwy 47, Lake Tomahawk, WI 54539
SOLD JUN 23, 2026
$340,000
C
3 beds2 baths1,632 sq ft
7985 Rainbow Rd, Lake Tomahawk, WI 54539
SOLD AUG 14, 2026
$275,500
D
3 beds2 baths1,876 sq ft
7857 Woodland Dr, Woodruff, WI 54568
SOLD JUL 30, 2026
$450,000
E
3 beds2 baths1,475 sq ft
7409 Forest Dr, Minocqua, WI 54548
SOLD AUG 11, 2026
$428,295
F
3 beds2 baths1,458 sq ft
10041 Cedar Falls Rd, Hazelhurst, WI 54531

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Earn from this home

Refinance

Est. cash available

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Market trends in 54539, WI

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.3%

0.1% MoM

Median sale price

$450K

$25K MoM

Avg. days on market

39d

13 days MoM

Recently sold homes

0 MoM

Provided by Redfin

Sale history for 8041 Rainbow Rd

Date

Event

Price

GNMLS #213037

Sep 5, 2025

Sold

$488,000

$336/sq ft

Jul 28, 2025

Contingent

—

Jul 21, 2025

Price Changed

$499,000

$344/sq ft

Jul 2, 2025

Listed

$525,000

$362/sq ft

GNMLS #170280

Aug 27, 2018

Sold

$238,700

$164/sq ft

Feb 28, 2018

Listed

$244,700

$169/sq ft

+19

A Home for family enjoyment with 25'deeded access on Lk Tomahawk. Attractive Chalet style home with cathedral ceilings large windows for that bright sunny feel. The main level features an open kit/din/liv with wood burning fireplace, patio doors to lg. sundeck, Master bedroom and bath. The loft is used as an addition bedroom, as well as an additional area used as bedroom in the walk-out lower. The lower has a drive under gar. + storage. Just across Rainbow road is your own deeded access under bridge or to the left is an unobstructed access which gives you the opportunity to have any size boat to enjoy all the Minocqua Chain has to offer. Lake Tomahawk is an all-sport lake for boating, fishing, skiing, tubing, canoe and kayak, along with access to some incredible restaurants. The home is located minutes into the town of lake tomahawk, great swimming and public boat dock within minutes - must take in the famous Snowshoe Baseball Games. Come take a look, its time to invest in Happiness.

GNMLS #166628

Jul 10, 2017

Listed

$249,900

$172/sq ft

Public Records

Jun 24, 2013

Sold

$125,000

$86/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,631 (+0.3%)

$59,000 + $203,200

$262,200

2024

$1,627 (−3.4%)

$59,000 + $203,200

$262,200

2023

$1,684 (−10.4%)

$59,000 + $203,200

$262,200

2022

$1,879 (+6.4%)

$39,000 + $132,800

$171,800

2021

$1,766 (−5.3%)

$39,000 + $132,800

$171,800

2020

$1,865 (−1.4%)

$39,000 + $132,800

$171,800

2019

$1,892 (−8.3%)

$39,000 + $132,800

$171,800

2018

$2,063 (+3.1%)

$39,000 + $132,800

$171,800

2017

$2,001 (+6.9%)

$39,000 + $132,800

$171,800

2016

$1,871 (−4.0%)

$39,000 + $132,800

$171,800

2015

$1,948 (+1.2%)

$39,000 + $132,800

$171,800

2014

$1,924 (−9.2%)

$39,000 + $132,800

$171,800

2013

$2,119

$39,000 + $132,800

$171,800

Tax history for 8041 Rainbow Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,631 (+0.3%)

$59,000 + $203,200

$262,200

2024

$1,627 (−3.4%)

$59,000 + $203,200

$262,200

2023

$1,684 (−10.4%)

$59,000 + $203,200

$262,200

2022

$1,879 (+6.4%)

$39,000 + $132,800

$171,800

2021

$1,766 (−5.3%)

$39,000 + $132,800

$171,800

2020

$1,865 (−1.4%)

$39,000 + $132,800

$171,800

2019

$1,892 (−8.3%)

$39,000 + $132,800

$171,800

2018

$2,063 (+3.1%)

$39,000 + $132,800

$171,800

2017

$2,001 (+6.9%)

$39,000 + $132,800

$171,800

2016

$1,871 (−4.0%)

$39,000 + $132,800

$171,800

2015

$1,948 (+1.2%)

$39,000 + $132,800

$171,800

2014

$1,924 (−9.2%)

$39,000 + $132,800

$171,800

2013

$2,119

$39,000 + $132,800

$171,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.45 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Oneida County

APN

010 LT-756

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 13, 2026.

Property details

Parking

Parking/Garage Information
Has Garage
# of Garage Spaces: 1
Parking Features: Underground, Garage, Heated Garage, Shared Driveway

Interior

Bathroom Information
# of Full Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air
Has Heating
Heating: Forced Air, Natural Gas

Interior Features
Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)
Appliances: Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer
Flooring: Carpet
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Wood Burning

Room Information
Laundry Features: Washer Hookup, In Basement
Has Basement
Basement Details: Exterior Entry, Full, Interior Entry, Partially Finished, Walk-Out Access

Exterior

Exterior Features
Exterior Features: Dock
Patio And Porch Features: Patio, Deck
Roof: Composition, Shingle

Building Information
Sq. Ft.: 1452
Above Grade Finished Area: 1,252
Below Grade Finished Area: 200
Construction Materials: Frame, Wood Siding
Foundation Details: Block

Property Features
On Waterfront
Waterfront Features: Lake Front
Has View

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: SingleFamilyResidence

Lot Information
Lot Features: Wooded, Waterfront
Frontage Type: Lakefront
Frontage Length: 50
Water Body Name: TOMAHAWK
Road Surface Type: Paved
Road Frontage Type: Easement
Lot Size Dimensions: 120 x 169
Zoning Description: Residential

Financial

Tax Information
Tax Annual Amount: $1,627

Utilities

Utility Information
Utilities: Cable Available
Sewer: Public Sewer

Location

Schools Information
Elementary School: ON MHLT
High School: ON Lakeland Union

Location Information
Directions: From Hwy 47 in downtown Lake Tomahawk, turn west onto Rainbow Rd (0.2 mi) to property on the left.
Subdivision Name: Plat of Hilltop

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.45 acres
Style: Other
Year Built: —
Year Renovated: —
County: Oneida County
APN: 010 LT-756

Home facts updated by county records on Mar 13, 2026

Around this home

Schools
Places
Transit

Minocqua Elementary School

Public PreK-8 • Assigned • 5.5mi

6/10

Lakeland High School

Public 9-12 • Assigned • 7.2mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 91° expected this year, 13 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Lake Tomahawk, WI • 54539

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$472,000 – $572,000

Sell confidently with a local market expert in Lake Tomahawk. 3 minutes to get started.

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Home values near 8041 Rainbow Rd

Data from public records.

Address	Redfin Estimate
8045 Rainbow Rd, Lake Tomahawk, WI 2 Beds \| 2 Baths \| 800 Sq. Ft.	$382,369
8021 Alta Vista Ln, Lake Tomahawk, WI 2 Beds \| 1 Baths \| 781 Sq. Ft.	—

Address	Redfin Estimate
8025 Rainbow Rd, Lake Tomahawk, WI 2 Beds \| 1 Baths \| 728 Sq. Ft.	$236,512
7207 Everlasting Ln, Lake Tomahawk, WI 2 Beds \| 1 Baths \| 950 Sq. Ft.	$507,572

Address	Redfin Estimate
8043 Rainbow Rd, Lake Tomahawk, WI 3 Beds \| 2 Baths \| 1401 Sq. Ft.	$411,660
7467 Wolf Rd, Lake Tomahawk, WI 3 Beds \| 2 Baths \| 1380 Sq. Ft.	$436,135

Property information provided by GNMLS when last listed in 2025. This data may not match . Learn more.

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