This is an incredibly beautiful property on the Rainbow Flowage. The property features 2,769 feet of sandy and south facing lake frontage on a point, including private acreage across the bay, plus 3 lots with frontage on a pond across Rainbow Lake Rd. Lots of possibilities here! It has been in the family for over 50 years and run as a mobile home park with restaurant and tavern. There are currently 21 leased sites and the tavern is currently leased also. The living quarters are currently set up as a duplex. The upper level has 3 bdrms/2 baths, liv rm, and kit, and the lower level has a huge bedroom suite,2 full bathrooms, liv rm, eat in kitchen, and laundry room. All with lake views. Many updates such as newer windows, siding, furnaces, etc. There is a private boat launch and it's right near the snowmobile and AVT trails too. Work and play on this scenic body of water.