Is a car needed in Lake Tomahawk, WI?

As of early 2026, 100% of users say car is needed

Does Lake Tomahawk, WI show holiday spirit?

As of early 2026, 100% of users say there's holiday spirit

Are yards well-kept in Lake Tomahawk, WI?

As of early 2026, 100% of users say yards are well-kept

Is parking easy in Lake Tomahawk, WI?

As of early 2026, 100% of users say parking is easy

Would people walk alone at night in Lake Tomahawk, WI?

As of early 2026, 83% of users say people would walk alone at night

Do residents of Lake Tomahawk, WI plan to stay at least 5 years?

As of early 2026, 80% of users say they plan to stay for at least 5 years

Are there community events in Lake Tomahawk, WI?

As of early 2026, 75% of users say there are community events

Is there wildlife in Lake Tomahawk, WI?

As of early 2026, 71% of users say there's wildlife

Is Lake Tomahawk, WI dog-friendly?

As of early 2026, 71% of users say it's dog friendly

Is Lake Tomahawk, WI quiet?

As of early 2026, 67% of users say it's quiet

Are neighbors friendly in Lake Tomahawk, WI?

As of early 2026, 50% of users say neighbors are friendly

Does Lake Tomahawk, WI have sidewalks?

As of early 2026, 17% of users say there are sidewalks

Are the streets well-lit in Lake Tomahawk, WI?

As of early 2026, 17% of users say streets are well-lit

Do kids play outside in Lake Tomahawk, WI?

As of early 2026, 17% of users say kids play outside

What is 8045 Rainbow Rd estimated to be worth?

Trulia's estimated value for 8045 Rainbow Rd in Lake Tomahawk, WI is $274,000 .

What is the price history for 8045 Rainbow Rd?

8045 Rainbow Rd in Lake Tomahawk, WI last sold for $189,000 in September 2020.

Is Lake Tomahawk a buyer's or seller's market?

Lake Tomahawk is currently a seller's market, based on recent for-sale activity.

What are the closest schools to 8045 Rainbow Rd?

The closest schools to 8045 Rainbow Rd in Lake Tomahawk, WI are Lakeland High School (rated 2/10), Minocqua Elementary School (Pre-K/Middle, rated 6/10).

How big is the lot at 8045 Rainbow Rd?

The lot at 8045 Rainbow Rd in Lake Tomahawk, WI is about 0.93 acres (40,409 sq ft).

Does 8045 Rainbow Rd have a garage?

Yes, 8045 Rainbow Rd in Lake Tomahawk, WI has a garage.

OFF MARKET

$274,000

Trulia Estimate

2 Beds
2 Baths
800 sqft (on 0.93 acres)

8045 Rainbow Rd, Lake Tomahawk, WI 54539

Est. Refi. Payment $1,769/mo*

Refinance Your Home

Currently Off Market - Sold Sep 8, 2020 for $189,000

Home Value

Trulia Estimate

$274K

Since last month

$3K (-1.1%)

Since last year

$7K (+2.7%)

Since last sale

$85K (+45%)

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +214% in the last 10 years

Month	Estimated value
2026
September 2026	$274K
August 2026	$277K
July 2026	$274K
June 2026	$277K
May 2026	$267K
April 2026	$265K
March 2026	$256K
February 2026	$249K
January 2026	$250K
2025
December 2025	$255K
November 2025	$259K
October 2025	$259K
September 2025	$267K
August 2025	$273K
July 2025	$282K
June 2025	$274K
May 2025	$275K
April 2025	$267K
March 2025	$264K
February 2025	$254K
January 2025	$253K
2024
December 2024	$260K
November 2024	$264K
October 2024	$279K
September 2024	$293K
August 2024	$294K
July 2024	$256K
June 2024	$260K
May 2024	$251K
April 2024	$235K
March 2024	$234K
February 2024	$223K
January 2024	$219K
2023
December 2023	$225K
November 2023	$232K
October 2023	$239K
September 2023	$232K
August 2023	$233K
July 2023	$236K
June 2023	$239K
May 2023	$228K
April 2023	$222K
March 2023	$219K
February 2023	$219K
January 2023	$221K
2022
December 2022	$226K
November 2022	$231K
October 2022	$239K
September 2022	$239K
August 2022	$237K
July 2022	$238K
June 2022	$236K
May 2022	$233K
April 2022	$225K
March 2022	$214K
February 2022	$158K
January 2022	$155K
2021
December 2021	$156K
November 2021	$158K
October 2021	$156K
September 2021	$153K
August 2021	$159K
July 2021	$159K
June 2021	$141K
May 2021	$114K
April 2021	$113K
March 2021	$106K
February 2021	$105K
January 2021	$105K
2020
December 2020	$105K
November 2020	$103K
October 2020	$103K
September 2020	$86K
August 2020	$192K
July 2020	$192K
June 2020	$95K
May 2020	$96K
April 2020	$97K
March 2020	$98K
February 2020	$97K
January 2020	$96K
2019
December 2019	$90K
November 2019	$89K
October 2019	$89K
September 2019	$85K
August 2019	$85K
July 2019	$85K
June 2019	$88K
May 2019	$84K
April 2019	$85K
March 2019	$81K
February 2019	$83K
January 2019	$79K
2018
December 2018	$82K
November 2018	$81K
October 2018	$81K
September 2018	$85K
August 2018	$88K
July 2018	$84K
June 2018	$87K
May 2018	$93K
April 2018	$91K
March 2018	$93K
February 2018	$92K
January 2018	$92K
2017
December 2017	$92K
November 2017	$93K
October 2017	$93K
September 2017	$91K
August 2017	$91K
July 2017	$91K
June 2017	$90K
May 2017	$90K
April 2017	$89K
March 2017	$89K
February 2017	$88K
January 2017	$88K
2016
December 2016	$88K
November 2016	$87K
October 2016	$87K
September 2016	$87K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
7985 Rainbow Rd, Lake Tomahawk, WI	0.18	Single-Family Home	$340,000	06/23/26	3	2	1,632
7241 Kelly Dr, Lake Tomahawk, WI	0.40	Single-Family Home	$299,000	02/20/26	2	1	1,000
7186 Kelly Dr, Lake Tomahawk, WI	0.51	Single-Family Home	$95,000	01/21/26	3	2	1,500
7014 Highway 47, Lake Tomahawk, WI	1.03	Single-Family Home	$195,000	08/07/26	3	2	1,404
6904 Northwoods Dr, Lake Tomahawk, WI	0.96	Single-Family Home	$370,000	08/28/26	3	2	1,300
7327 Highway 47, Woodruff, WI	0.47	Single-Family Home	$1,200,000	09/03/26	4	3	3,145
7933 Arbutus Dr, Lake Tomahawk, WI	0.42	Single-Family Home	$255,000	11/14/25	3	1.5	1,200
6982 Reed Farm Ln, Lake Tomahawk, WI	1.09	Single-Family Home	$480,000	10/15/25	4	2	1,872
7353 Highway 47, Lake Tomahawk, WI	0.57	Single-Family Home	$1,360,000	10/10/25	4	2	2,056
7544 Forest Trl, Lake Tomahawk, WI	1.74	Single-Family Home	$280,000	02/06/26	3	2	1,748

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
8041 Rainbow Rd, Lake Tomahawk, WI 54539	0.03	$510,100	3	2	1,452	Off Market
8043 Rainbow Rd, Lake Tomahawk, WI 54539	0.05	$279,100	3	2	1,401	Off Market
7241 Iris St, Lake Tomahawk, WI 54539	0.18	$285,000	4	2	1,884	Recently Sold
7985 Rainbow Rd, Lake Tomahawk, WI 54539	0.18	$340,000	3	2	1,632	Recently Sold
8066 Blue Jay Rd, Minocqua, WI 54539	0.19	$490,800	5	3.5	4,125	Off Market
7299 Highway 47, Lake Tomahawk, WI 54539	0.30	$1,194,000	3	4.5	3,881	For Sale
7251 Bradley St, Lake Tomahawk, WI 54539	0.33	$449,000	3	2	1,137	For Sale
7932 Violet Dr, Lake Tomahawk, WI 54539	0.38	$199,000	4	2	2,400	For Sale
7241 Kelly Dr, Lake Tomahawk, WI 54539	0.40	$299,000	2	1	1,000	Recently Sold
7933 Arbutus Dr, Lake Tomahawk, WI 54539	0.42	$252,200	3	1.5	1,200	Off Market
7327 Highway 47, Woodruff, WI 54568	0.47	$1,200,000	4	3	3,145	Recently Sold
7186 Kelly Dr, Lake Tomahawk, WI 54539	0.51	$95,000	3	2	1,500	Recently Sold

Local Information

Map ViewExplore the area around 8045 Rainbow Rd.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1982

0.93 acre lot

800 sqft

$343/sqft

Garage

About this House

Your opportunity to have a boat dock on Lake Tomahawk part of the famous Minocqua Chain. You'll love the get-away cottage with a Master Bedroom/Bath and another guest bedroom and bath. Open living,dining area and kitchen and a great screened porch off the kitchen area. The owners have loved this home for 40+/- years. Just across Rainbow Road is your own deeded access with an unobstructed access which gives you the opportunity to have any size boat to enjoy all the Minocqua Chain has to offer, Seller is including a shore station. A short walk into the town of Lake Tomahawk, for dining at one of the good in-town restaurants. If swimming is on your agenda a short walk to the Lake Tomahawk boat docks in town for a great picnic area and sand swimming beach . Come take a look before this is gone!!

8045 Rainbow Rd, Lake Tomahawk, WI 54539 is a 2 bedroom, 2 bathroom, 800 sqft single-family home built in 1982. It last sold for $189,000 on Sep 8, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $274,000, with a rent estimate of $1,159/month.

Home Details for 8045 Rainbow Rd

Interior Features
Heating & Cooling Heating: ElectricHeating Fuel: Electric

Exterior Features
Exterior Home Features Roof: CompositionExterior: Wood
Parking & Garage GarageParking Spaces: 2Parking: Garage Detached

Property Information
Year Built Year Built: 1982
Property Type / Style Property Type: Single Family Home

Lot Information
Lot Area: 0.93 acres

Price and Tax history

Date	Event	Price
Sep 8, 2020 Source: GNMLS #186008	Sold	$189,000
Jul 17, 2020 Source: Agent Provided	Listed For Sale	$197,000

Year	Property tax	Tax assessment
2024	$1,373	$201,200

Additional Cost

Market trends in Lake Tomahawk

Last updated August 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

3MoM

Around this home

Minocqua Elementary School
PK-8
Public
506 Students
Minocqua J1 School District
6/10
GreatSchools Rating
Parent Rating Average
The ART and STEM programs at our local school are truly exceptional! I am thoroughly impressed with how specials are taught, and my children absolutely adore being part of the school-wide projects facilitated by resident artists from our community. The integration of art into their education has been a game-changer, and it's heartwarming to witness their enthusiasm as they showcase their contributions to various school-wide projects over the years.Participating in these artistic endeavors has not only fostered a sense of inclusion for my children but has also allowed them to thrive in areas beyond the academic curriculum. The freedom they have to excel in such programs is commendable, and I believe it significantly contributes to their overall growth and development.While I applaud the school for its commitment to artistic and STEM education, I would appreciate increased community and staff leadership involvement in extracurricular activities. I believe that having more accountability in leadership roles for these activities would provide valuable guidance to my children and enhance their overall school experience. Thank you for the wonderful ART and STEM programs, and I look forward to continued improvements in leadership accountability.
Parent Review
2y ago
4 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Lake Tomahawk

At least 3 Trulia users voted on each feature.

100 % Say car is needed
100 % Say there's holiday spirit
100 % Say yards are well-kept
100 % Say parking is easy
83 % Say people would walk alone at night
80 % Say they plan to stay for at least 5 years
75 % Say there are community events
71 % Say there's wildlife
71 % Say it's dog friendly
67 % Say it's quiet
50 % Say neighbors are friendly
17 % Say there are sidewalks
17 % Say streets are well-lit
17 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.

Kari.m54539
Resident
2y ago
"I have lived and owned my own business for 23 years in Lake Tomahawk, Wisconsin, and I love living here."
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Frequently asked questions about 8045 Rainbow Rd

What is 8045 Rainbow Rd estimated to be worth?
Trulia's estimated value for 8045 Rainbow Rd in Lake Tomahawk, WI is $274,000.
What is the price history for 8045 Rainbow Rd?
8045 Rainbow Rd in Lake Tomahawk, WI last sold for $189,000 in September 2020.
Is Lake Tomahawk a buyer's or seller's market?
Lake Tomahawk is currently a seller's market, based on recent for-sale activity.
What are the closest schools to 8045 Rainbow Rd?
The closest schools to 8045 Rainbow Rd in Lake Tomahawk, WI are Lakeland High School (rated 2/10), Minocqua Elementary School (Pre-K/Middle, rated 6/10).
How big is the lot at 8045 Rainbow Rd?
The lot at 8045 Rainbow Rd in Lake Tomahawk, WI is about 0.93 acres (40,409 sq ft).
Does 8045 Rainbow Rd have a garage?
Yes, 8045 Rainbow Rd in Lake Tomahawk, WI has a garage.