For Sale
805 Rainbow Drive, East Tawas, MI 48730
$189,900
MLS # 20261031886 (Realcomp)
2 beds1 bath1,000 sqftBuilt 19570.15 acres
1 / 29
Listing Description
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!
Source: SparkMLS
About this home
2-bedroom, 1-bath, 1,000 sq ft home in East Tawas in East Tawas built in 1957.
Asking $189,900 (about $190/sq ft).
Estimated annual property tax: $2,994, or about $250 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area1,000 sqft
Lot Size0.15 acres
Year Built1957
Stories1
Location
CityEast Tawas
Zip Code48730
CountyIosco
School DistrictTawas
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementCrawl Space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed5/6/2026
Original Price$199,900
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$2,994
Parcel #121T1000300500
Source: SparkMLS
Legal Description
TAWASENTHA LOT 5 BLK 3
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Moe Kassem
EXP Realty Main
Frequently Asked Questions about 805 Rainbow Drive, East Tawas, MI 48730
What school district is 805 Rainbow Drive, East Tawas, MI 48730 in?
Per MLS# 20261031886, this property is served by Tawas. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261031886, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261031886, the most recent reported annual property tax for 805 Rainbow Drive, East Tawas, MI 48730 is $2,994. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 805 Rainbow Drive, East Tawas, MI 48730 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 805 Rainbow Drive, East Tawas, MI 48730 is in flood zone AE (high risk). Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
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Monthly payment$1,232
Principal & interest$1,232
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
805 Rainbow Drive, East Tawas, MI 48730
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Municipality
East Tawas
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