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955 Rainbow View Drive
About This Property
The spacious primary suite is a true private retreat, offering dual closets, a dedicated office or sitting area, and a beautifully remodeled spa-inspired ensuite featuring dual vanities, a makeup station, glass-front cabinetry, a walk-in glass shower, and a luxurious soaking tub.
Oversized guest bedrooms provide comfort and privacy, while the updated guest bath showcases double vanities, a stylish shiplap accent wall, statement mirrors, and a glass-enclosed tub/shower combination.
A versatile secondary living space offers endless possibilities, ideal for a media room, game room, office, or private lounge, and opens directly to the expansive back deck and beautifully landscaped backyard designed for peaceful outdoor living.
Additional highlights include a new roof, extensive remodel, abundant storage throughout, and an extended 3-car garage with additional storage space.
Residents of The Shores enjoy exclusive access to a private boat launch on Rainbow Lake, along with community tennis courts, pickleball courts, basketball, and a charming gazebo gathering area; all within one of the area's most sought-after gated neighborhoods.
Offered fully furnished, this exceptional property is truly move-in ready and perfect as a luxury mountain retreat or full-time residence.
** A list of non-conveying items will be provided. No items in the garage convey. **
Homes of this caliber in The Shores at Rainbow Lake rarely become available, and this one must be experienced in person to truly appreciate.
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Discover the White Mountains of Arizona--where adventure, beauty, and fresh mountain air come together. Enjoy four stunning seasons, 40 lakes, and 600+ miles of rivers and streams, perfect for fishing, kayaking, and exploring.
Hit the trails on one of the largest trail systems in the Southwest, or spend winter days at Sunrise Ski Resort, just 40 minutes away with three mountains of skiing, snowboarding, and sledding.
Love shopping or culture; wander through antique shops, summer arts & craft fairs, and lively music festivals. Golfers can tee off at seven scenic courses, including three public gems.
It's no wonder Pinetop-Lakeside was voted the "Best Cabin Region in the U.S."
The White Mountains--Arizona's best-kept secret. Come explore and embrace the MAGIC!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | Listed by Realty Executives Arizona Territory | $699,000 | |
| Listed by Realty Executives Arizona Territory | |||
| Oct 13, 2025 | Listed | $715,000 | |
| Listed | |||
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NEW Roof & NEW HVAC on this beautifully furnished retreat that radiates warmth and comfort from the moment you arrive. Nestled in the prestigious gated community of The Shores at Rainbow Lake, this charming home sits just blocks from the lake, offering exclusive access to a private boat launch. The manicured driveway and covered front porch set the tone for a lifestyle of serenity and sophistication. Inside, rich hardwood floors flow seamlessly through an open-concept great room—ideal for entertaining or quiet evenings by the updated stone fireplace. The heart of the home features a chef-inspired kitchen with a generous island, elegant stone countertops, stainless gas range, and pendant lighting that adds a touch of modern flair. The adjacent dining area is perfect for hosting. ** Short-Term Rentals allowed in The Shores **
A Primary Suite Designed for Relaxation
The spacious primary suite is a true retreat, complete with his-and-her closets, a private office nook, and a stunning ensuite bath. Enjoy dual vanities, a dedicated makeup station with glass-front cabinetry, a luxurious walk-in glass shower, and a deep soaking tub that invites you to unwind.
Room for Everyoneand Everything
Two additional guest bedrooms offer comfort and style, while the guest bath impresses with a double vanity, shiplap accent wall, designer mirrors, and a glass-enclosed tub/shower combo. A bonus living space opens to a large back deck and a beautifully landscaped yardperfect for outdoor gatherings or peaceful mornings with coffee in hand.
Function Meets Elegance
The extended 3-car garage includes built-in cabinetry and a spacious storage area, ensuring every need is met with ease. Throughout the home, thoughtful storage solutions reflect true pride of ownership.
Community Perks & Privacy
Set back on a generous lot, this home offers exceptional privacy both front and back. The Shores community enhances your lifestyle with private lake access, tennis and pickleball courts, basketball, and a gazebo gathering areaall surrounded by high-end custom homes and lush landscaping.
There is a small list of items that do NOT convey to be provided. Please note that 'nothing' in the garage conveys.
Imagine living in the White Mountains of Arizona where you have 4 beautiful seasons and where you can breathe in the fresh mountain air and enjoy the 40 lakes and over 600 miles of rivers and streams. In addition to the amazing fishing, this area has one of the most extensive trail systems in the southwest for hiking, biking, horseback riding, quadding and more. Sunrise Ski Resort is also just 40 minutes away with 3 beautiful mountains to ski, snow board or sled. If shopping is your interest, you will love the antique stores and the multitude of arts and craft shows that happen in the summer. The music festivals have something to fit everyone's enjoyment. Do you love to golf? There are 7 amazing golf courses, 3 that are public. The White Mountains, where this home/cabin is the best kept secret of Arizona! Come and explore and enhance your living! Pinetop-Lakeside was also voted 'Best Cabin Region in the U.S"... Embrace the MAGIC!
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| Jul 3, 2025 | Price Decreased |
$715,000
↓ $45K
(5.9%) | |
| Price Decreased | |||
| Apr 12, 2025 | Listed | $760,000 | |
| Listed | |||
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Envision a charming furnished home that exudes warmth and comfort from the moment you approach its beautifully landscaped driveway, in the prestigeous gated community of The Shores by Rainbow Lake. Just blocks from the lake. The covered porch welcomes you into an inviting entryway, leading to a home with flowing hardwood floors and an open great room that's perfect for gatherings. The heart of the home features a cozy fireplace with updated stonework, creating a serene ambiance. The entertainer's dining space is complemented by an island with elegant stone counters, offering ample counter space and a stainless gas range, all illuminated by stylish pendant lights... READ MORE...
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017