Listing provided courtesy of Bent Tree Community Realty Inc.- MLS# 7782564MLS Provider

555 Rainbow Lake DriveDawsonville, GA 30534

Single Family · 4 Beds · 3 Full Baths · 3,114 Sq. ft. | 0.31 Acres
$575,000 Active

555 Rainbow Lake Drive Overview

Time on Site:
26 days
Visits:
4

LAKE HOUSE on Rainbow Lake. Lake views, waterfalls, and fun! Oh my! This amazing home is just a few steps from the water’s edge. Main level boasts vaulted Great Room and Dining Room with open floor plan. Kitchen has a view to Great Room and Dining Room. Split bedroom plan on Main level. Private Master Suite on Main. Almost every room has a view of the lake. Terrace level features large guest room, bathroom with oversized Jacuzzi tub and stained glass window, spacious Den, and workshop - all with views of the lake. Log outbuilding can be used as a playhouse, gardening shed, or crafting space. Deck and terrace level patio span the full length of the house. You will love the serenity and sunsets at Rainbow Lake. Easy access to Dawson Forest, Amicalola Scenic River, Amicalola State Park, Dawsonville outlet mall as well as other destination towns like Dahlonega and Jasper. Experience the best of North Georgia lake living in this beautiful waterfront retreat, perfectly situated just minutes from Amicalola Falls State Park and all the outdoor adventures the mountains have to offer. The main level features a spacious open-concept design with a large great room, dining area, and kitchen, all enhanced by a stunning wall of windows that showcase breathtaking lake views. The primary suite is conveniently located on the main level and includes a charming clawfoot soaking tub in the en-suite bath, creating a private spa-like retreat. Two additional bedrooms on the main level provide flexibility for family and guests. The finished lower level offers an oversized den perfect for entertaining, relaxing, or enjoying game nights. Also located downstairs are a fourth bedroom and a large workshop. The workshop presents endless possibilities and could easily be converted into a fifth bedroom, home office, fitness room, hobby space, or bunk room. Outside, enjoy gorgeous lake frontage and the peaceful setting that makes lake living so special. Whether you're sipping coffee while watching the sunset over the water, spending afternoons boating and fishing, or gathering with friends and family on the deck, this property offers the lifestyle you've been dreaming about. Discover the unmatched North Georgia lifestyle, where pristine lakes, mountain views, hiking trails, wineries, charming small towns, and year-round outdoor recreation create the perfect balance of relaxation and adventure. This exceptional lakefront home is more than a property—it's a destination. Appointment only.

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555 Rainbow Lake Drive Facts & Features

  • Type Single Family
  • Sq. ft. 3,114
  • Price/Sq.ft. $185
  • Lot 0.31 Acres

Details

General

Association/HOA

  • Swim Tennis Fee: 0
  • Association Fee: 0
  • Association Fee 2: 0
  • Association: No

School Information

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Robinson
  • Middle Or Junior School: Dawson County
  • High School: Dawson County

Green Features

  • Green Energy Efficient: Insulation, Windows
  • Green Energy Generation: None

Building Information

  • Year Built: 1992

Location/Region

  • County Or Parish: Dawson - GA
  • Subdivision Name: Rainbow Valley Estates

Community/Development

  • Community Features: Lake

Rent/Lease Information

  • Association Rent Restrictions: No
  • Land Lease: No

Tax Information

  • Tax Annual Amount: 2310
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 055 048
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 1767
  • Below Grade Finished Area: 1347
  • Building Area Source: Owner
  • Building Area Total: 3114

General Information

  • Accessibility Features: Accessible Electrical and Environmental Controls
  • Appliances: Dishwasher
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Common Walls: No Common Walls
  • Cooling: Ceiling Fan(s), Central Air
  • Electric: Other
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Concrete, Hardwood
  • Heating: Heat Pump
  • Interior Features: Double Vanity, Vaulted Ceiling(s), Walk-In Closet(s)
  • Laundry Features: In Basement
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Half Bathrooms: 0
  • Main Level Bedrooms: 3
  • Other Equipment: None
  • Security Features: Security Service, Security System Owned
  • Spa Features: None
  • Window Features: Double Pane Windows

Room Information

  • Bedroom Features: Master on Main,Split Bedroom Plan

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 3

Lot Information

  • Land Lot: N/A
  • Lot Features: Lake On Lot
  • Lot Size Acres: 0.31
  • Lot Size Dimensions: 0 x 0
  • Lot Size Source: Public Records
  • Road Surface Type: Gravel
  • Water Source: Well

Waterfront/View

  • Waterfrontage Length: 84
  • View: Lake
  • Water Body Name: None
  • Waterfront Features: Lake Front

Building Exterior/Construction

  • Architectural Style: Cabin
  • Construction Materials: Log
  • Patio And Porch Features: Deck, Front Porch, Wrap Around
  • Property Attached: No
  • Roof: Metal

General Information

  • Exterior Features: Rain Gutters
  • Fencing: None
  • Horse Amenities: None
  • Other Structures: Outbuilding
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: Private Road
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
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555 Rainbow Lake Drive Neighborhood

Community

30534 (Dawsonville) Demographics

43
Median Age
132
Population Density (per sq. mile)
40%
College Educated
$68,920
Estimated Median Income
9,306
Estimated Total Home Owners
2,062
Estimated Total Renters
82% / 18%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

555 Rainbow Lake Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

555 Rainbow Lake Drive Market Data

Based on the last 30 days in this zip code

$673,052
Average List Price
$254
Average Price per Square Foot
77
Properties Sold
66
Average Days on Market
680
Properties for Sale
Calculations provided by Reliance Network

555 Rainbow Lake Drive History

Date Event Value Agent
6/4/2026Source: FMLS Added to Database
June 04, 2026