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  • Price cut: $26K (8/25)
    $549,000

    555 Rainbow Lake Dr, Dawsonville, GA 30534

    4beds
    3,114sqft
    : 
    $3,254/mo
    Get pre-qualified
    Single Family Residence, Residential, Cabin
    Built in 1992
    0.31 Acres Lot
    $535,800 Zestimate®
    $176/sqft
    $-- HOA

    What's special

    Lake viewsOpen floor planVaulted great roomGorgeous lake frontage
    LAKE HOUSE on Rainbow Lake. Lake views, waterfalls, and fun! Oh my! This amazing home is just a few steps from the water’s edge. Main level boasts vaulted Great Room and Dining Room with open floor plan. Kitchen has a view to Great Room and Dining Room. Split bedroom plan on Main level. Private Master Suite on Main. Almost every room has a view of the lake. Terrace level features large guest room, bathroom with oversized Jacuzzi tub and stained glass window, spacious Den, and workshop - all with views of the lake. Log outbuilding can be used as a playhouse, gardening shed, or crafting space. Deck and terrace level patio span the full length of the house. You will love the serenity and sunsets at Rainbow Lake. Easy access to Dawson Forest, Amicalola Scenic River, Amicalola State Park, Dawsonville outlet mall as well as other destination towns like Dahlonega and Jasper. Experience the best of North Georgia lake living in this beautiful waterfront retreat, perfectly situated just minutes from Amicalola Falls State Park and all the outdoor adventures the mountains have to offer. The main level features a spacious open-concept design with a large great room, dining area, and kitchen, all enhanced by a stunning wall of windows that showcase breathtaking lake views. The primary suite is conveniently located on the main level and includes a charming clawfoot soaking tub in the en-suite bath, creating a private spa-like retreat. Two additional bedrooms on the main level provide flexibility for family and guests. The finished lower level offers an oversized den perfect for entertaining, relaxing, or enjoying game nights. Also located downstairs are a fourth bedroom and a large workshop. The workshop presents endless possibilities and could easily be converted into a fifth bedroom, home office, fitness room, hobby space, or bunk room. Outside, enjoy gorgeous lake frontage and the peaceful setting that makes lake living so special. Whether you're sipping coffee while watching the sunset over the water, spending afternoons boating and fishing, or gathering with friends and family on the deck, this property offers the lifestyle you've been dreaming about. Discover the unmatched North Georgia lifestyle, where pristine lakes, mountain views, hiking trails, wineries, charming small towns, and year-round outdoor recreation create the perfect balance of relaxation and adventure. This exceptional lakefront home is more than a property—it's a destination. Appointment only.
    84 days
    |
    1,422
    |
    86
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Catherine Rumble,

    Bent Tree Community Realty Inc. 770-617-8426,

    Chris Rumble,

    Bent Tree Community Realty Inc.

    Source: FMLS GA,MLS#: 7782564MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Den
      Primary bedroom
      • Features: Master on Main, Split Bedroom Plan
      • Level: Master on Main, Split Bedroom Plan
      Bedroom
      • Features: Master on Main, Split Bedroom Plan
      Primary bathroom
      • Features: Double Vanity, Separate Tub/Shower
      Dining room
      • Features: Seats 12+
      Kitchen
      • Features: Breakfast Bar, Cabinets Stain, Stone Counters, View to Family Room
      Heating
      • Heat Pump
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher
      • Laundry: In Basement
      Features
      • Double Vanity, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Ceramic Tile, Concrete, Hardwood
      • Windows: Double Pane Windows
      • Basement: Daylight,Exterior Entry,Finished,Full,Interior Entry
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,114
      • Total interior livable area: 3,114 sqft
      • Finished area above ground: 1,767
      • Finished area below ground: 1,347

      Property

      Parking
      • Total spaces: 3
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Electrical and Environmental Controls
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Front Porch, Wrap Around
      • Exterior features: Rain Gutters
      • Pool features: None
      • Spa features: None
      • Fencing: None
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front, Lake
      • Body of water: None
      • Frontage length: Waterfrontage Length(84)
      Lot
      • Size: 0.31 Acres
      Details
      • Additional structures: Outbuilding
      • Parcel number: 055 048
      • Other equipment: None
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence, Residential, Cabin
      Materials
      • Log
      • Foundation: Concrete Perimeter
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 1992

      Utilities & green energy

      • Electric: Other
      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
      Green energy
      • Energy efficient items: Insulation, Windows
      • Energy generation: None

      Community & HOA

      Community
      • Features: Lake
      • Security: Security Service, Security System Owned
      • Subdivision: Rainbow Valley Estates
      HOA
      • Has HOA: No
      Location
      • Region: Dawsonville

      Financial & listing details

      • Price per square foot: $176/sqft
      • Tax assessed value: $355,250
      • Annual tax amount: $2,310
      • Date on market: 6/4/2026
      • Cumulative days on market: 83 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Gravel

        Estimated market value

        $535,800

        $509,000 - $563,000

        $2,415/mo

        Price history

        DateEventPrice
        8/25/2026Price change$549,000-4.5%$176/sqft
        Source: FMLS GA #7782564 Report a problem
        6/5/2026Listed for sale$575,000-4%$185/sqft
        Source: FMLS GA #7782564 Report a problem
        11/17/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/6/2023Listed for rent$2,300$1/sqft
        Source: Zillow Rentals Report a problem
        5/10/2023Listing removed--
        Source: Zillow Rentals Report a problem
        4/17/2023Listed for rent$2,300$1/sqft
        Source: Zillow Rentals Report a problem
        9/28/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/20/2022Listed for rent$2,300$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/4/2022Listing removed$599,000$192/sqft
        Source: FMLS GA #7010327 Report a problem
        8/3/2022Listed for sale$599,000$192/sqft
        Source: FMLS GA #7010327 Report a problem
        4/6/2022Listing removed$599,000$192/sqft
        Source: FMLS GA #7010327 Report a problem
        4/4/2022Listed for sale$599,000$192/sqft
        Source: FMLS GA #7010327 Report a problem
        3/7/2022Listing removed$599,000$192/sqft
        Source: FMLS GA #7010327 Report a problem
        3/3/2022Listed for sale$599,000$192/sqft
        Source: FMLS GA #7010327 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,311 +0.8%$142,100 +0.8%
        2024$2,292 -0.3%$140,936 +0.8%
        2023$2,298 +14.5%$139,856 +49.2%
        2022$2,008 +8.6%$93,728 +14.7%
        2021$1,849 -2.2%$81,740 +2.3%
        2020$1,891 $79,900 +11.7%
        2019$1,891 +10.6%$71,500
        2018$1,710 +26.6%$71,500 +26.6%
        2017$1,351 $56,498 +9.5%
        2016$1,351 +9.5%$51,603 +0.1%
        2015$1,234 +12.2%$51,533 +19.4%
        2014$1,100 $43,169 +14.9%
        2013$1,100 $37,583
        2012-- --
        2011-- --
        2010-- --
        2009-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 30534

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Robinson
        • Middle: Dawson County
        • High: Dawson County

        Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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