Lakefront living with a private dock on Rainbow Lake! Located in the gated Shores at Rainbow Lake community in Pinetop-Lakeside, this single-level 3-bedroom, 2-bath waterfront home offers beautiful lake views, tall pines and four-season recreation in Arizona's White Mountains.
Expansive windows bring in abundant natural light and showcase the lake from the main living areas. The open floor plan features a spacious great room with fireplace and wet bar - perfect for relaxing or entertaining after a day on the water. Step outside and enjoy direct access from your private dock for boating, fishing, kayaking and paddleboarding, or simply unwind and take in the peaceful waterfront setting.
An oversized 2.5-car garage with built-in storage and workbench provides plenty of room for lake gear, recreational equipment and projects. Additional features include a gas-powered generator and leaf-filter gutter system for added convenience.
Residents of The Shores at Rainbow Lake enjoy a private gated setting with tennis, pickleball and basketball courts, a lakeside ramada, community gatherings and direct access to Rainbow Lake.
Conveniently located near Pinetop-Lakeside restaurants, shopping, golf, hiking and biking trails, and approximately 40 minutes from Sunrise Ski Resort. Whether you're searching for a lakefront vacation home, mountain getaway, second home or year-round residence, this property offers a rare opportunity to enjoy waterfront living on Rainbow Lake in the heart of Arizona's White Mountains.
Active
Price cut: $46K (8/27)
$899,000
2457 Dragonfly Ln, Lakeside, AZ 85929
3beds
2baths
2,234sqft
Single Family Residence
Built in 1992
0.3 Acres Lot
$883,000 Zestimate®
$402/sqft
$120/mo HOA
What's special
Peaceful waterfront settingOpen floor planTall pinesBeautiful lake viewsLakeside ramada
- 312 days |
- 1,433 |
- 47 |
Zillow last checked:
Listing updated:
Listed by:
Angela M Walls 602-320-2727,
Re/Max Fine Properties-Scottsdale
Source: WMAOR,MLS#: 258362
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Other, Forced Air
Cooling
- Central Air, Other
Appliances
- Laundry: Utility Room
Features
- Vaulted Ceiling(s), Shower, Tub/Shower, Double Vanity, Full Bath, Pantry, Formal Dining Room, Living/Dining Room Combo, Breakfast Room, Wet Bar
- Flooring: Plank, Carpet, Tile
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Living Room, Gas
Interior area
- Total structure area: 2,234
- Total interior livable area: 2,234 sqft
Property
Parking
- Parking features: Garage Door Opener
- Has garage: Yes
Accessibility
- Accessibility features: Battery or Backup Generator
Features
- Patio & porch: Patio
- Exterior features: Rain Gutters
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Size: 0.3 Acres
- Features: Cul-De-Sac, Wooded, Tall Pines On Lot, Landscaped, Drip System
Details
- Additional parcels included: No
- Parcel number: 21216141
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Stemwall
- Roof: Pitched,Tile
Condition
- Year built: 1992
Utilities & green energy
- Electric: Navopache
- Water: Metered Water Provider
- Utilities for property: Sewer Available, Electricity Connected, Water Connected
Community & HOA
Community
- Features: Gated
- Subdivision: The Shores at Rainbow Lake
HOA
- Has HOA: Yes
- Amenities included: Tennis Court(s)
- HOA fee: $722 semi-annually
- HOA name: Yes
Location
- Region: Lakeside
Financial & listing details
- Price per square foot: $402/sqft
- Tax assessed value: $633,158
- Annual tax amount: $3,616
- Date on market: 4/30/2026
- Ownership type: No
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$883,000
$839,000 - $927,000
$2,487/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $899,000-4.9%$402/sqft |
Source:  WMAOR #258362 Report a problem | ||
| 7/1/2026 | Price change | $945,000-1.6%$423/sqft |
Source:  ARMLS #6935869 Report a problem | ||
| 5/16/2026 | Price change | $960,000-4%$430/sqft |
Source: WMAOR #258362 Report a problem | ||
| 4/30/2026 | Listed for sale | $999,999$448/sqft |
Source: ARMLS #6935869 Report a problem | ||
| 4/7/2026 | Pending sale | $999,999$448/sqft |
Source: ARMLS #6935869 Report a problem | ||
| 3/30/2026 | Price change | $999,999-4.8%$448/sqft |
Source: WMAOR #258362 Report a problem | ||
| 10/19/2025 | Listed for sale | $1,050,000+2525%$470/sqft |
Source: WMAOR #258362 Report a problem | ||
| 8/6/1991 | Sold | $40,000$18/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,594 -0.6% | $63,315 +0.8% |
| 2025 | $3,617 +4.8% | $62,820 -2.8% |
| 2024 | $3,451 +11% | $64,611 -12.2% |
| 2023 | $3,109 -10.6% | $73,558 +31.8% |
| 2022 | $3,477 +3.9% | $55,790 +6.5% |
| 2021 | $3,345 -0.2% | $52,361 +0.9% |
| 2020 | $3,352 +3.1% | $51,871 |
| 2019 | $3,250 +20.1% | -- |
| 2018 | $2,707 | -- |
| 2017 | $2,707 +5% | -- |
| 2016 | $2,579 | -- |
| 2015 | $2,579 | $23,692 |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | $2,878 | -- |
| 2009 | $2,878 | -- |
| 2008 | $2,878 | -- |
| 2007 | -- | -- |
| 2006 | $2,603 | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 85929
Nearby schools
GreatSchools rating
- 4/10Blue Ridge Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 4/10Blue Ridge Junior High SchoolGrades: 7-8Distance: 0.9 mi
- 4/10Blue Ridge High SchoolGrades: 9-12Distance: 0.9 mi
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