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  • $700,000

    1960 Lee Reese Dr, Lakeside, AZ 85929

    3beds
    2baths
    1,766sqft
    Single Family Residence
    Built in 1996
    0.54 Acres Lot
    $737,100 Zestimate®
    $396/sqft
    $2,381 Estimated rent

    Home value

    $737,100

    $700,000 - $774,000

    $2,381/mo

    Zestimate® history
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    $4,228/mo

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    What's special

    Geese on the waterWaterfront propertiesBreathtaking viewsTwo shorelinesBoat houseSite built additionAbundant wildlife
    A rare opportunity to own one of the most unique waterfront properties in Arizona's White Mountains. Not only will you enjoy two shorelines, but you'll also own a portion of beautiful Rainbow Lake in Lakeside, Arizona. This one-of-a-kind property is situated on 2 lots & its own sandy beach, private boat dock/slip, boat house, 8 boats/kayaks and the peace and privacy that comes with being located at the end of the road. With no HOA, you'll have the freedom to truly enjoy your mountain retreat surrounded by breathtaking views, abundant wildlife, geese on the water, and unmatched tranquility. The property includes a charming 3-bedroom, 2-bath home plus an additional unfinished space ready for you to customize and make your own. Whether you're looking for a full-time residence, vacation geta Vacation Getaway, or investment opportunity, the rare Waterfront property offers endless potential. Located at over 6,500 feet elevation in the highly desirable White Mountains, you'll experience all four beautiful seasons and escape the desert heat just a few hours from the Valley and Tucson areas. Waterfront properties like this rarely become available. Come enjoy your own slice of paradise -- but don't wait, this incredible opportunity won't last long. This property is comprised of a site built addition with a 3/2 bath manufactured home attached.

    Zillow last checked:

    Listing updated:

    Listed by:

    Crystal White 928-242-4134,

    Realty Executives AZ Territory - Show Low

    Source: WMAOR,MLS#: 261452MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Laundry: In Kitchen
    Features
    • Master Downstairs, Vaulted Ceiling(s), Tub/Shower, Kitchen/Dining Room Combo, Split Bedroom
    • Flooring: Carpet, Laminate
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Pellet Stove
    Interior area
    • Total structure area: 1,766
    • Total interior livable area: 1,766 sqft

    Property

    Parking
    • Parking features: Garage Door Opener
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: RV Hookup
    • Fencing: Privacy
    • Has view: Yes
    • View description: Panoramic
    • Waterfront features: Waterfront
    Lot
    • Size: 0.54 Acres
    • Features: Cul-De-Sac, Wooded
    Details
    • Additional parcels included: Yes
    • Parcel number: 21232081
    • Zoning description: A Gen

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Stemwall
    • Roof: Shingle,Pitched
    Condition
    • Year built: 1996

    Utilities & green energy

    • Electric: Navopache
    • Utilities for property: Sewer Available, Phone Connected, Electricity Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Rainbow Lake Estates
    HOA
    • HOA name: No
    Location
    • Region: Lakeside

    Financial & listing details

    • Price per square foot: $396/sqft
    • Tax assessed value: $218,366
    • Annual tax amount: $1,232
    • Date on market: 5/31/2026
    • Ownership type: No
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/12/2026Sold$700,000-6.7%$396/sqft
    Source: WMAOR #261452 Report a problem
    6/12/2026Pending sale$749,900$425/sqft
    Source: WMAOR #261452 Report a problem
    5/31/2026Listed for sale$749,900-2%$425/sqft
    Source: WMAOR #261452 Report a problem
    8/30/2024Listing removed$765,000$433/sqft
    Source: WMAOR #251322 Report a problem
    7/13/2024Price change$765,000-1.5%$433/sqft
    Source: WMAOR #251322 Report a problem
    6/4/2024Listed for sale$777,000$440/sqft
    Source: WMAOR #251322 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$917 +49.3%$21,836 +5.5%
    2025$614 +6.8%$20,699 +32.4%
    2024$575 +11.4%$15,630 -28.4%
    2023$516 -8.4%$21,838 +51.6%
    2022$563 +6.6%$14,404 +3.1%
    2021$529 +2.2%$13,971 +0.7%
    2020$517 +24.2%$13,880
    2019$416 +18%--
    2018$353 --
    2017$353 -51.9%--
    2016$733 --
    2015$733 $6,780
    2014-- --
    2013-- --
    2012-- --
    2011-- --
    2010-- --
    2009-- --
    2008$329 --
    2007-- --
    2006$315 --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 85929

    Nearby schools

    GreatSchools rating
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