First time on the market in 50+ years! Tucked within the private Rainbow's End Addition on Hayden Lake, this mid-century single-level walkout SECONDARY WATERFRONT home offers 2.43 serene acres, beautiful LAKE VIEWS, and assigned DOCK SPOT ACCESS through Rainbow Beach Association. Featuring 4 bedrooms, plus 1 non-conforming, 3 baths, and 2,837 SF with a full walk-out lower level, this property is rich with potential. The main level includes a lake-view great room and living room, kitchen with skylight, primary suite, wood-burning fireplace, radiant ceiling heat, and mini-split A/C. The walkout lower level offers a kitchenette, family room, 2 bedrooms, laundry, office, second fireplace, and Generac backup power. Enjoy multiple decks, covered patio, large lawn, 2-car garage, carport, RV parking with hookup, and peaceful privacy. Adjacent 1.772-acre north parcel may also be available w/home. Private, Close-in, Huge potential for someone to update and make it their own.