Date
Details
Price
Change
Source
5/26/2026
Listed
$864,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$864,999 Just Listed
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Property Description
Tucked away on a coveted wood lot in sought-after Mountain Lakes, this beautifully updated 3-bedroom, 2 full, 2 half bath home offers the perfect blend of privacy, comfort, and effortless entertaining. Surrounded by lush, professionally landscaped grounds, the stunning backyard creates a true private retreat with exceptional outdoor living spaces.Inside, an expansive open-concept layout is anchored by a sprawling gourmet kitchen featuring a large center island, abundant cabinetry, and seamless flow into the main living and dining areas. A beautiful deck just off the kitchen overlooks the spectacular property, making indoor-outdoor entertaining effortless. The primary suite features endless windows and a skylight along with abundant closets and a primary bath with heated floors. Two additional bedrooms and full bathroom finish the 2nd floor.Designed for today's lifestyle, the walkout lower level includes an office and provides exceptional additional living space complete with a bar, ideal for recreation, gatherings, or relaxed everyday living. A full-house generator adds comfort and peace of mind year-round.Located within the vibrant Lake Arrowhead community, this special home offers a unique blend of natural beauty, neighborhood charm, and convenient access to nearby shopping, dining, and recreation.
Full Property Details
Full Property Details for 48 Rainbow Trail
General
- Price: $864,999
- Taxes: $15,768 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4030055
- Updated: 5/26/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 6
- 2nd Floor/Level 2: 3 Bedrooms, Bath Main, Bath(s) Other
- 1st Floor/Level 1: Kitchen, LivDinRm, Powder Room
- Lower Level: Office, Powder Room, Rec Room
- Number of Fireplaces: 1
- Fireplace(s): Gas Fireplace, Rec Room
- Appliances: Dishwasher, Dryer, Microwave, Gas Range and Oven, Refrigerator, Sump Pump, Washer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Full Bath
Other Rooms
- Kitchen: Center Island, Separate Dining Area
- Dining Room: Living/Dining Combo
Exterior
- Exterior Features: Deck, Underground Lawn Sprinkler
- Color: Beige
Parking
- Garage: Yes
- Garage Spaces: 2
- Uncovered Spaces: 6
- Garage Description: Attached Garage, Garage Door Opener, Garage Parking, InEntrnc, Oversize Garage
Location
- County: Morris
- Driving Directions: Highway 46 to Rainbow Trail
School Information
- Elementary School: Wildwood
- Middle School: BriarCliff
- High School: MTN. Lakes
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: 3 Units, Central Air Conditioning, Multi-Zone Cooling
- Heating Type: 3 Units, Forced Hot Air, Multi-Zone, Radiant - Hot Water
- Heating Fuel: Electric, Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Garbage Included
Structural Information
- Architectural Style: Custom Home
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1927
- Remodeled/Updated: 2026
Lot Features
- Lot Size (Acres): 0.25
- Lot Size: .252 AC
- Driveway/Sidewalk: 2 Car Width, Additional Parking, Off-Street Parking, Paver Block
- Zoning: residential
- Lot Description: Wooded Lot
Financial Considerations
- Assessment Amount: $741,100
- Land Assmt: $342,100
- Tax Amount: $15,768
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Disclosures: Yes
- APN: 2325-00016-0000-00003-0000-
- Block: 16
- Lot Number: 3
Listed by Compass New Jersey, Llc
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 48 Rainbow Trail —
Compass New Jersey, Llc
973-879-9711
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 48 Rainbow Trail
School District:Mountain Lakes Borough School District
| Name | Grades | Distance |
|---|---|---|
Wildwood Elementary School 51 Glen Road, Mountain Lakes, NJ 07046 | PK-5 | 1.4 mi |
Briarcliff Elementary School 93 Briarcliff Road, Mountain Lakes, NJ 07046 | 6-8 | 1.5 mi |
Mountain Lakes High School 96 Powerville Road, Mountain Lakes, NJ 07046 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 Rainbow Trail
Tax History
Tax History for 48 Rainbow Trail
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,126
1%
$685,900
8%
2023
$14,920
3%
$633,400
7%
2022
$14,553
—
$590,200
10%
2021
$14,546
22%
$536,800
4%
2020
$11,883
7%
$518,400
22%
2018
$11,145
-3%
$424,100
—
2019
$11,472
6%
$424,100
—
2017
$10,867
2%
$422,500
—
2016
$10,677
11%
$422,500
9%
2015
$9,598
3%
$388,900
—
2013
$9,283
—
$388,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 Rainbow Trail
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48 Rainbow Trl, Mountain Lakes, NJ 07046 (MLS# 4030055) is a Single Family property with 3 bedrooms, 2 full bathrooms and 2 partial bathrooms. 48 Rainbow Trl is currently listed for $864,999 and was received on May 26, 2026. Want to learn more about 48 Rainbow Trl? Do you have questions about finding other Single Family real estate for sale in Mountain Lakes? You can browse all Mountain Lakes real estate or contact a Coldwell Banker agent to request more information.