● For sale

$1,900,000

2677 Trout Road, 1781 Gillespie Lane, Lakeside, AZ 85929

West Lake Park · Navajo County

6,388 sqft 1.18 acres Built 1983 $297 /sqft No HOA
14 days on market

What's special

  • Panoramic views
  • Waterfront

Description

Rare Lakefront Resort Investment Opportunity on Rainbow Lake(APNs 212-25-017A & 019A)!Own one of Arizona's most sought-after waterfront lodging properties in the heart of the White Mountains.Rainbow's End Fishing Resort offers a unique combination of lakefront accommodations,established rental income, and an unbeatable recreational setting that keeps guests returning year after year.Ideally situated directly on Rainbow Lake, the resort is the only on-lake boat rental operation, featuring a fleet of pontoon boats,canoes,paddle boats,and kayaks that convey with the sale,providing an additional revenue stream.Guests enjoy fishing from the property, breathtaking sunsets, abundant wildlife,and a true mountain-lake experience.The resort is thoughtfully designed for families,outdoor enthusiasts,S and vacationers seeking relaxation and adventure. Amenities include beautifully maintained grounds, lakeside fire pits, outdoor BBQ areas, a volleyball court, horseshoe pits, cornhole, frisbee golf, and expansive green spaces for recreation and gatherings. Located in the highly desirable Pinetop-Lakeside area, the property provides easy access to year-round attractions including golf, fishing, hiking, boating, hunting, off-road adventures, skiing, snowboarding, seasonal festivals, live entertainment, dining, and more. The White Mountains are renowned for their pristine lakes, cool mountain climate, breathtaking scenery, and abundant wildlife, including elk, deer, bald eagles, osprey, cranes, geese, ducks, and other native species. This resort, first established in 1959, with buildings ranging from 1959-1986 presents a rare opportunity to acquire premium lakefront lodging with multiple income sources in one of Arizona's most popular mountain destinations. A truly exceptional investment offering both lifestyle appeal and long-term growth potential. One of the owners is a licensed Real Estate agent in the State of Arizona.

Property details

Interior

Bathrooms

  • Total Bathrooms: 0

Interior Features

  • Window Features: Blinds, Double Pane Windows, Screens, Wood Frames

Heating and Cooling

  • Cooling Features: Window Unit(s)
  • Heating Features: Electric, Natural Gas, Forced Air, Baseboard
Exterior

Land Info

  • Sprinklers In Front
  • Lot Size Acres: 1.18
  • Lot Size Square Feet: 51,401

Home Features

  • View: Panoramic
  • Waterfront: Yes
Community

Neighborhood

  • Subdivision: West Lake Park
  • MLS Area: Lakeside
Listing

Other Property Info

  • Annual Tax Amount: $5,267
  • Source Listing Status: Active
  • County: Navajo
  • Directions: 260 to Rainbow Lake drive to Gillespie
  • Property Subtype: Business w/Land
  • Parcel Number: 212-25-017A
  • Postal City: Lakeside
  • Listing Date: 6/29/2026
  • On Market Date: 6/29/2026
  • MLS#: 261981
Features

Building and Construction

  • Total Square Feet Living: 6,388
  • Year Built: 1983
  • Property Age: 43
  • Roof: Metal, Pitched
  • Foundation Details: Stemwall, Slab
  • Body Type: Double Wide
  • Living Area Source: Assessor

Utilities

  • Sewer: Public Sewer
  • Sewer Connected

Contact Us

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Listed by Liz Engelhart Advantage Realty Professionals - Lakeside
liz‌@‌lizengelhart.com

Listing updated: July 12, 2026

MLS#: 7049157

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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