Adorable Tomahawk Lake Home on a PANCAKE LEVEL LOT! 3 bdrm, 1.5 bath Tomahawk Lake home for under $400k. Highly desired level grass yard approach to the sandy shoreline. The water frontage totals 513 ft, which includes frontage in the channel & a bridge leading you to your very own private small island. RECREATIONAL ZONING: The home provides excellent rental income; Owner will provide rental history & guest lists. Spacious family room, perfect for Packer gameday parties. Charming kitchen opens up to the dining area. Lakeside living room features a nostalgic wood-burning fireplace. Master bedroom with walkout screened-in sun porch overlooking the lake. Two add'l bdrms allow for bunk bed space. Blacktopped driveway and landscaped grounds. You will enjoy sunny days on the backyard patio & nights around the campfire by the lake, swimming, boating & snowmobiling in the winter. Tomahawk Lake home w/ income potential!
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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
5
0 MoM
Provided by Redfin
Sale history for 8064 Rainbow Rd
Date
Event
Price
GNMLS #174385
Apr 24, 2020
Sold
$385,000
$194/sq ft
Sep 1, 2018
Listed
$399,900
$202/sq ft
GNMLS #165507
May 31, 2017
Listed
$449,900
$227/sq ft
Public Records
Sep 13, 2007
Sold
$424,000
$214/sq ft
GNMLS #77551
Sep 10, 2007
Sold
$425,000
$214/sq ft
Jul 9, 2007
Listed
$439,500
$222/sq ft
Clean & charming LAKE TOMAHAWK home featuring 3 bedrooms, 1 1/2 baths, spacious living room with fieldstone fireplace & beuatiful view of the lake, family room, dining area, wonderfully level lot with almost flat approach to the water, & your very own island!! This home is on municipal sewer freeing you of septic & well concerns. Updates include newer blacktop driveway ('98), natural gas boiler ('98), hot water heater ('98), washer/dryer ('96), new roof shingles/ice guard ('97), skylights ('97), kitchen ('96), & more. The lot has essentially 75 ft of straight frontage & another 351 ft of channel frontage with island access. This is a very well maintained home on what most people consider the finest lake in the area. Enjoy swimming, boating, fishing, snowmobiling & campfires right off your front yard. Average utilities-electric $44/mo, natural gas $138/mo. * Usable water frontage is 75 +/- ft. .. remainder is channel frontage.
Year
Property tax
Land + Additions
Assessment*
2025
$4,379 (+13.8%)
$464,300 + $150,300
$614,600
2024
$3,850 (−3.4%)
$464,300 + $150,300
$614,600
2023
$3,984 (+16.2%)
$464,300 + $150,300
$614,600
2022
$3,429 (+17.0%)
$174,600 + $108,300
$282,900
2021
$2,929 (−2.4%)
$174,600 + $108,300
$282,900
2020
$3,002 (−1.4%)
$174,600 + $100,100
$274,700
2019
$3,045 (+2.1%)
$174,600 + $100,100
$274,700
2018
$2,984 (+3.4%)
$174,600 + $100,100
$274,700
2017
$2,885 (−4.2%)
$174,600 + $100,100
$274,700
2016
$3,013 (−3.9%)
$174,600 + $100,100
$274,700
2015
$3,135 (+1.2%)
$174,600 + $100,100
$274,700
2014
$3,097 (−8.6%)
$174,600 + $100,100
$274,700
2013
$3,387
$174,600 + $100,100
$274,700
Tax history for 8064 Rainbow Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,379 (+13.8%)
$464,300 + $150,300
$614,600
2024
$3,850 (−3.4%)
$464,300 + $150,300
$614,600
2023
$3,984 (+16.2%)
$464,300 + $150,300
$614,600
2022
$3,429 (+17.0%)
$174,600 + $108,300
$282,900
2021
$2,929 (−2.4%)
$174,600 + $108,300
$282,900
2020
$3,002 (−1.4%)
$174,600 + $100,100
$274,700
2019
$3,045 (+2.1%)
$174,600 + $100,100
$274,700
2018
$2,984 (+3.4%)
$174,600 + $100,100
$274,700
2017
$2,885 (−4.2%)
$174,600 + $100,100
$274,700
2016
$3,013 (−3.9%)
$174,600 + $100,100
$274,700
2015
$3,135 (+1.2%)
$174,600 + $100,100
$274,700
2014
$3,097 (−8.6%)
$174,600 + $100,100
$274,700
2013
$3,387
$174,600 + $100,100
$274,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
0.59 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Oneida County
APN
010 LT-36-3
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Jun 4, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: Paved, No Garage, Driveway
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s)
Has Heating
Heating: Hot Water, Natural Gas
Interior Features
Interior Features: Ceiling Fan(s)
Window Features: Skylight(s)
Appliances: Dryer, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer