48902 S Rainbow Ridge Drive, Willow, AK 99688

$359,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,216 Lot Size (sq. ft.): 16,988 Status: Closed
Current Price: $359,000 Last Modified: 6/09/2026

Description

Year-round adventure meets cozy comfort at this incredible lakefront escape on Upper Caswell Lake. Whether you're spending summer days on the water or winter evenings by the fire, this property captures the true spirit of Alaska living.

Supplements: Ideally located near the iconic Sheep Creek Lodge for when you need someone to cook for you, the home is equipped for all seasons with electricity, a Toyo stove, and a wood stove for that warm, cabin feel. Running water adds everyday convenience, making this a rare blend of off-grid charm and livable comfort. Inside, you'll find two large bedrooms with lots of sleeping space. The open-concept living space with vaulted ceilings invites connection and game nights. Natural light pours in, highlighting the custom touches throughout and creating a warm, welcoming atmosphere after a long day outdoors. The wood stove anchors the living area, perfect for gathering with friends and family while taking in peaceful lake views. Custom blinds, appliances, washer and dryer and almost everything you need for a turn key, lake life home. Step outside onto the large Trex deck, ideal for entertaining, relaxing, or simply soaking in the quiet beauty of the surroundings. A large 14x16 storage shed provides plenty of space for gear, tools, and all your Alaskan toys. The property also includes a diesel generator with transfer switch, offering reliable power and peace of mind. Adventure truly begins at your doorstep. Trails lead directly from the property, opening up endless opportunities for exploring by foot, snowmachine, or ATV. Nearby, Willow Creek and Kashwitna River offer world-class fishing and floating, making this a dream location for outdoor enthusiasts. Whether you're looking for a full-time residence, a weekend getaway, or a place to unplug and reconnect with nature, this beautifully maintained waterfront cabin delivers. It's more than a home--it's a lifestyle rooted in adventure, tranquility, and the best of Alaska's great outdoors!!

More Information MLS# 26-4091

Location Legal and School Info

Area: WI - Willow Street #: 48902 Directional: S Street Name: Rainbow Ridge Arterial: Drive Closest USPS Town: Willow State: AK Zip Code: 99688

Contract Info

Price-List: 359000 Date-Listing: 2026-04-19 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2026-04-24 Date-Closing: 2026-06-09

Property Info

Realtor.com Type: Residential - Single Family Property Attached/Common Walls: No Construction Status: Existing Structure Beds: 2 Bathrooms Full: 1 Bathrooms Total: 1 SF-Res: 1216 Year Built: 2009 Year Remodeled: 2025 Year Updated: 2025 SF-Lot: 16988.4 Lot Area Source: Tax Authority Acres: 0.39 Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston

Remarks and Directions

Directions: AK-3 N to Hidden Hills Rd. Right on Hidden Hills Rd, stay left on Hidden Hills Rd. Continue onto Pass the Bait Ave. Left to Bendapole Rd. Left on Caswell Lakes Rd. Right on Rainbow Ridge Dr

Waterfront Details

Waterfront Name: Caswell Lakes

Property Features

Residential Type: Recreational/Cabin; Single Family Res Construction Type: Log Exterior Finish: Log Roof Type: Metal Foundation Type: Treated Posts Floor Style: Chalet/A-Frame Garage Type: None Carport Type: None Heating: Oil; Propane; Wood Sewer Type: Septic Tank Water Source: Private; Well Dining Room Type: Area Features-Interior: Arctic Entry; BR/BA on Main Level; Ceiling Fan(s); Electric; Pantry; Smoke Detector(s); Vaulted Ceiling(s); Window Coverings; Wood Stove Appliances: Electric Oven; Microwave; Refrigerator; Dishwasher; Washer/Dryer Stacked Flooring: Carpet; Laminate Features-Additional: Private Yard; Barn/Shop; Cable TV; Deck/Patio; Fire Pit; Fire Service Area; Generator; Road Service Area; Shed; Storage; Trailside; View; Waterfront Access Type: Dedicated Road; Gravel; Maintained View Type: Lake Topography: Level; Sloping Wtrfrnt-Frontage: Lakefront Wtrfrnt-Access Near: Lake To Show: ShowingTime Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan Docs Avl for Review: Docs Posted on MLS; Floor Plan
Listing Office: Keller Williams Realty Alaska Group of Wasilla
Last Updated: June - 09 - 2026
48902 S Rainbow Ridge Drive, Willow, AK 99688- MLS# 26-4091
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.