$549,000
 $2,947 est/mo Sourced by Back At You

337/338 Rainbow Drive,Otonabee-South Monaghan, ON K0L1B0

Otonabee-South Monaghan, ON K0L1B0

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Description

Seasonal waterfront cottage on the Otonabee River near Peterborough, offering two lots, direct river access, a dock, water views, detached garage, and easy access to Rice Lake and the Trent-Severn Waterway. Enjoy the Kawartha cottage lifestyle from this raised bungalow featuring 3 bedrooms, 1 bathroom, and an open-concept kitchen/living area with walkout to a large deck-ideal for BBQs, entertaining, morning coffee, and relaxing by the water. The newer lower level offers approximately 8' ceiling height, a walkout, and a spacious open area with potential for a games room, lounge, hobby space, or future finished living area. A bathroom and laundry rough-in add further flexibility. At the shoreline, stairs lead to the water and dock, with shallow entry, mixed shoreline, and direct Otonabee River access for boating, fishing, swimming, and paddling. A second lot across the road provides valuable additional space, privacy, parking, and a detached garage for vehicles, boats, and cottage equipment. The lot measures approximately 44.92' at the front, 99.97' and 93.91' along the sides, and 22.81' at the rear. Future use is subject to zoning, conservation, and municipal approvals. The property is also understood to benefit from two rights-of-way for water access; buyers are encouraged to verify their use and legal status. Approximately 15 minutes from Peterborough and 90 minutes from Toronto, with Squirrel Creek Conservation Area, public beach, boat launch, picnic areas, Rice Lake, and the Trent-Severn Waterway nearby. Discover the possibilities this Otonabee River cottage property has to offer-contact your REALTOR to arrange a private viewing. (id:13843)

Details

MLS #X13561740
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site111
Listing Provided ByRE/MAX HALLMARK EASTERN REALTY | Frank Rosso

Features

Bed(s)3
Bath(s) 1 Total
Garage6
BasementY
Story(s)1
ZoningSeasonal/Recreational
Water FrontYes
Property ViewDirect Water View

Interior

CoolingCentral air conditioning
HeatingHeat Pump, Electric
AppliancesRefrigerator, Dishwasher, Stove, Water Heater
Fireplace Yes / NoNo

Exterior

Foundation DetailsPoured Concrete

Parking

Parking FeaturesDetached Garage, Garage
Parking Total6

Utilities

SewerHolding Tank
Water SourceLake/River Water Intake

Taxes

Tax Annual Amount2641

Area Information

ProvinceON
CityOtonabee-South Monaghan
Postal CodeK0L1B0
Listing VS Median (in K0L1B0)
Price:
$549,000
low | high
Med:
$726,900
17.595628415301% of Average
On site:
111
low | high
Med:
81
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityOtonabee-South Monaghan
Postal CodeK0L1B0
Listing VS Median (in K0L1B0)
Price:
$549,000
low | high
Med:
$726,900
17.595628415301% of Average
On site:
111
low | high
Med:
81
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 5:41:52 AM PDT