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    For Sale - 337/338 RAINBOW Drive, Otonabee-South Monaghan, Ontario

    Est payment $2,876/mo
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    Time on Jump  1 days

    AI Summary *

    • Spacious seasonal riverfront property perfect for weekends and family gatherings.
    • Raised bungalow with 3 bedrooms and open kitchen for easy living.
    • Large upper deck ideal for entertaining and enjoying the outdoors.
    • Versatile lower level for games, hobbies, or extra living space.
    • Two lots offering privacy, parking, and room for future plans.




    This seasonal riverfront property offers space, water views, and an easygoing place to enjoy weekends, summer holidays, and time with family - raised bungalow, detached garage, dock, stairs to the waterfront, shallow entry, and a peaceful kawartha cottage lifestyle. There is something special about a cottage that gives you room to spread out. The main cottage features 3 bedrooms, 1 bathroom, and an open kitchen and living area. From the upper living area, walk out to a large deck, perfect for sitting, entertaining, bbqs, morning coffee, and taking in the outdoor setting. The newer 8 ft high lower level with walkout offers a large open-concept area that can be set up to suit your needs, whether that means a games room, lounge area, hobby space, extra gathering area, or future finished living space, subject to any required approvals. A rough-in for a bathroom adds another practical feature for buyers thinking about future plans. At the shoreline, enjoy the dock, stairs to the water, mixed shoreline, and direct riverfront access for fishing, boating, swimming, paddling, or quiet mornings by the otonabee river. The rare two-lot setup is a major part of the value. The second lot includes a detached garage, extra outdoor space, added privacy, and parking for cars, boats, and cottage toys, along with useful flexibility for future use, subject to zoning, conservation, and municipal approvals. The property is also understood to benefit from two rights-of-way for water access, with buyers to verify the location, use, and legal status of all rights-of-way. 15 minutes from peterborough and about 90 minutes from toronto, according to the township. Nearby squirrel creek conservation area offers river access, a public beach, boat launch, picnic areas, sports fields, and winter recreation. Rice lake is part of the trent-severn waterway and is known for boating, fishing, islands, coves, and cottage-country recreation.
    Listing IDX13478832
    Address337/338 RAINBOW Drive
    CityOtonabee-South Monaghan, Ontario
    Price$599,000
    Bed / Bath3 / 1 Full
    StyleBungalow, Detached
    ConstructionVinyl Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Water HeaterOwnership FreeholdWaterfront DirectBasement NoneFoundation Poured ConcreteHeating / Cooling Heat PumpHeating Fuel ElectricSewer Holding Tank

    Parking 6.00
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    Listing Agency:  RE/MAX HALLMARK EASTERN REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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