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For sale
  • Price cut: $10K (6/9)
    $179,900

    805 Rainbow Dr, East Tawas, MI 48730

    2beds
    1,000sqft
    : 
    $1,258/mo
    Get pre-qualified
    Single Family Residence
    Built in 1957
    6,534 Square Feet Lot
    $176,100 Zestimate®
    $180/sqft
    $-- HOA

    What's special

    Welcome to 805 Rainbow Drive — a stunning waterfront retreat on beautiful Tawas Lake, an all-sports lake offering year-round fun and unforgettable Northern Michigan living. Whether you’re searching for a full-time residence, a relaxing weekend escape, or a proven income-producing Airbnb opportunity, this exceptional property checks every box. This beautifully maintained 2-bedroom home is in amazing condition and has been thoughtfully updated for comfort, style, and low-maintenance living. Recent improvements include an updated roof, vinyl siding, newer windows, modern vinyl flooring, and a spacious newer deck perfect for entertaining or soaking in peaceful lake views. Step outside and experience everything lake life has to offer. Enjoy boating, jet skiing, kayaking, fishing, and duck hunting right from your backyard. The public boat launch is just 30 seconds away and even includes a convenient fish cleaning station for outdoor enthusiasts. Located only 2 minutes from downtown East Tawas and the sandy shores of Lake Huron, you’ll love the perfect balance of peaceful waterfront living with quick access to local shops, restaurants, beaches, and entertainment. Opportunities like this don’t come often — own your slice of paradise on Tawas Lake and enjoy the ultimate Up North lifestyle in a move-in-ready home that truly has it all!
    88 days
    |
    1,260
    |
    43
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Moe Kassem 248-847-8067,

    EXP Realty Main 888-501-7085,

    Al Abdallah 313-254-5556,

    EXP Realty Main

    Source: Realcomp II,MLS#: 20261031886MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Level: Entry
      • Area: 81
      • Dimensions: 9 X 9
      Bedroom
      • Level: Entry
      • Area: 100
      • Dimensions: 10 X 10
      Other
      • Level: Entry
      • Area: 64
      • Dimensions: 8 X 8
      Family room
      • Level: Entry
      • Area: 240
      • Dimensions: 20 X 12
      Kitchen
      • Level: Entry
      • Area: 96
      • Dimensions: 12 X 8
      Living room
      • Level: Entry
      • Area: 120
      • Dimensions: 12 X 10
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fans, Wall Units
      Appliances
      • Included: Electric Cooktop, Free Standing Electric Range, Free Standing Refrigerator, Microwave
      Features
      • High Speed Internet
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,000 sqft
      • Finished area above ground: 1,000

      Property

      Parking
      • Parking features: Driveway, No Garage, Parking Pad
      Features
      • Levels: One
      • Stories: 1
      • Entry location: GroundLevelwSteps
      • Patio & porch: Deck, Porch
      • Pool features: None
      • On waterfront: Yes
      • Waterfront features: All Sports Lake, Lake Front, Lake Privileges, Waterfront
      • Body of water: Tawas Lake
      Lot
      • Size: 6,534 Square Feet
      • Dimensions: 50 x 118
      • Features: Water View, Vacation Home
      Details
      • Additional structures: Sheds, Sheds Allowed
      • Parcel number: 121T1000300500
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Block, Brick, Vinyl Siding
      • Foundation: Crawl Space
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1957

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: East Tawas

      Financial & listing details

      • Price per square foot: $180/sqft
      • Tax assessed value: $54,643
      • Annual tax amount: $2,994
      • Date on market: 5/8/2026
      • Cumulative days on market: 88 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $176,100

        $167,000 - $185,000

        $1,438/mo

        Price history

        DateEventPrice
        6/9/2026Price change$179,900-5.3%$180/sqft
        Source: Realcomp II #20261031886 Report a problem
        5/26/2026Price change$189,900-5%$190/sqft
        Source: Realcomp II #20261031886 Report a problem
        5/8/2026Listed for sale$199,900+14.3%$200/sqft
        Source: Realcomp II #20261031886 Report a problem
        1/17/2026Listing removed$174,900$175/sqft
        Source: eXp Realty #20251043152 Report a problem
        1/8/2026Price change$174,900-7.9%$175/sqft
        Source: Realcomp II #20251043152 Report a problem
        10/8/2025Listed for sale$189,900-9.6%$190/sqft
        Source: Realcomp II #20251043152 Report a problem
        10/2/2025Listing removed$210,000$210/sqft
        Source: Realcomp II #77080059670 Report a problem
        9/10/2025Price change$210,000-2.3%$210/sqft
        Source: NGLRMLS #1936365 Report a problem
        7/31/2025Price change$215,000-6.5%$215/sqft
        Source: NGLRMLS #1936365 Report a problem
        7/15/2025Listed for sale$229,900+43.7%$230/sqft
        Source: NGLRMLS #1936365 Report a problem
        10/10/2023Sold$160,000$160/sqft
        Source: Public Record Report a problem
        8/29/2023Price change$160,000-11.1%$160/sqft
        Source: Owner Report a problem
        8/8/2023Price change$180,000-5.3%$180/sqft
        Source: Owner Report a problem
        5/18/2023Listed for sale$190,000+65.2%$190/sqft
        Source: Owner Report a problem
        4/25/2022Sold$115,000$115/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,958 +19.2%$70,100 +32.3%
        2024$2,482 +80.2%$53,000 +2.7%
        2023$1,377 +3.2%$51,600 +27.4%
        2022$1,334 +2.3%$40,500 +8.9%
        2021$1,304 $37,200 +3.3%
        2020$1,304 $36,000 +2.6%
        2019-- $35,100 +10.4%
        2018-- $31,800 -5.6%
        2017-- $33,700
        2016-- $33,700 +8.7%
        2015-- $31,000 +0.3%
        2014-- $30,900 -1.6%
        2013-- $31,400 +6.8%
        2012-- $29,400
        2011-- $29,400 +0.3%
        2010-- $29,300
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 48730

        Getting around

        4 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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