$359,000
48902 S Rainbow Ridge Drive
Willow, AK 99688
MLS# 26-4091
2 beds  |  1 baths  |  1216 sqft


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Property 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.

Details
Maps
Location, Legal, and School Info
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: CA01
Tax ID: 6070000L0755
School-Elementary: BTV-Undiscl by LL
School-Middle: BTV-Undiscl by LL
School-High: BTV-Undiscl by LL
Legal: CASWELL LKS LOT 755
Contract Info
Foreclosure/Bank Own: No
Price-List: 359000
Date-Listing: 2026-04-19
Status: Active
Property Info
Realtor.com Type: Residential - Single Family
Construction Status: Existing Structure
Property Attached/Common Walls: No
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 1
Bathrooms Total: 1
Acres: 0.39
SF-Lot: 16988.4
Lot Area Source: Tax Authority
Year Remodeled: 2025
Year Updated: 2025
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Garage Spaces: 0
Carport Spaces: 0
Beds: 2
SF-Res: 1216
Year Built: 2009
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
Residential Type
Recreational/Cabin: 1
Single Family Res: 1
To Show
ShowingTime: 1
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Log: 1
Heating
Oil: 1
Propane: 1
Wood: 1
Topography
Level: 1
Sloping: 1
Roof Type
Metal: 1
Construction Type
Log: 1
Foundation Type
Treated Posts: 1
View Type
Lake: 1
Wtrfrnt-Access Near
Lake: 1
Garage Type
None: 1
Wtrfrnt-Frontage
Lakefront: 1
Carport Type
None: 1
Flooring
Carpet: 1
Laminate: 1
Waterfront Details
Waterfront Name: Caswell Lakes
Floor Style
Chalet/A-Frame: 1
Features-Interior
Arctic Entry: 1
BR/BA on Main Level: 1
Ceiling Fan(s): 1
Electric: 1
Pantry: 1
Smoke Detector(s): 1
Vaulted Ceiling(s): 1
Window Coverings: 1
Wood Stove: 1
Appliances
Electric Oven: 1
Microwave: 1
Refrigerator: 1
Dishwasher: 1
Washer/Dryer Stacked: 1
Features-Additional
Barn/Shop: 1
Deck/Patio: 1
Fire Pit: 1
Fire Service Area: 1
Generator: 1
Private Yard: 1
Road Service Area: 1
Storage: 1
Trailside: 1
View: 1
Waterfront: 1
Cable TV: 1
Shed: 1
Water Source
Private: 1
Well: 1
Access Type
Dedicated Road: 1
Gravel: 1
Maintained: 1
Dining Room Type
Area: 1
Sewer Type
Septic Tank: 1
Docs Avl for Review
Docs Posted on MLS: 1
Floor Plan: 1
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
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
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 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!!

IDX
Listing Office: Keller Williams Realty Alaska Group of Wasilla

Last Updated: April - 19 - 2026

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.