Recently Listed Open House 5/31 1pm - 3pm
48 Rainbow Trl
Mountain Lakes, NJ, 07046 $ 864,999
Bedrooms3 Baths2.2 Monthly Estimate*
$ 5,326
for $864,999 with 3 bedrooms and 2 full baths, 2 half baths. This home was built in 1927 on a lot size of 0.25.
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.
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Open House
5/31/2026 1:00 PM - 3:00 PM
48 Rainbow Trl Mountain Lakes, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Public Sewer
Heating 3 Units Forced Hot Air Multi-Zone Radiant - Hot Water
Cooling 3 Units Central Air Multi-Zone Cooling
Utilities Electric Gas-Natural
Possession tbd
Roof Asphalt Shingle
Appliances Dishwasher Dryer Microwave Oven Range/Oven-Gas Refrigerator Sump Pump Washer
Water Heater Gas
Zoning residential
Garage Spaces 2
Architectural Style Custom Home
Pets Allowed Yes
Year Built 1927
Garage Attached DoorOpnr Garage InEntrnc Oversize
Township Mountain Lakes Boro
Tax Year 2025
Ownership Fee Simple
County Morris
Total Rooms 6
Full Baths 2
Status Active
Directions Highway 46 to Rainbow Trail
High School MTN. Lakes
Open Parking Spaces 6
Elementary School Wildwood
Tax Annual Amount 15768
Middle/Junior High School BriarCliff
Drive 2 Car Width Additional Parking Off-Street Parking Paver Block
Standard Status Active
Tax Assessed Value 741100
Town # 2328
Tax Lot 3
Primary Style Custom Home
Sub Property Type Single Family
Community Living No
Farm Assessment No
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InteriorBasement Finished Full Walkout
Flooring Tile Wood
Total Fireplaces 1
Fireplace Features Gas Fireplace Rec Room
Fuel Type Electric Gas-Natural
Half Baths 2
Total Bedrooms 3
Kitchen Features Center Island Separate Dining Area
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ExteriorExterior Amenities Deck Underground Lawn Sprinkler
Pool No
Lot Features Wooded Lot
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions .252 AC
Lot Size Acres 0.25
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* Excluded FeaturesList ByMARGARET MIGGINSListing Agent
Compass New Jersey, LlcBroker
maggee@migginsrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,326
- Monthly Property Taxes
- $1,314
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Mountain Lakes, NJ
Average List Price $1,684,723
Percent of Sale Price 95%
About Mountain Lakes, NJ 4,324 Population
1% Since 2002
$ 169,306 Median Income
45.21 Median Age
50% Households with Children
Trends Information provided by ATTOM Data Solutions.
289249 Elementary School
290053 Middle School
MTN. Lakes High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/26/2026 | $864,999 | | Listed Price |