337/338 RAINBOW DR, Otonabee-south Monaghan, ON K0L 1B0
337/338 RAINBOW DR, Otonabee-south Monaghan, ON K0L 1B0
337/338 RAINBOW DR, Otonabee-south Monaghan, ON K0L 1B0
337/338 RAINBOW DR, Otonabee-south Monaghan, ON K0L 1B0
337/338 RAINBOW DR, Otonabee-south Monaghan, ON K0L 1B0
337/338 RAINBOW DR, Otonabee-south Monaghan, ON K0L 1B0
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$ 599,000
Est. payment | /mo

3 Beds

1 Bath


$ 599,000
Est. payment | /mo

3 Beds

1 Bath

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Subdivision Otonabee-South Monaghan

MLS Listing ID X13478832

Style Bungalow

Bedrooms 3

Annual Tax Amount $2,641

Tax Year 2025

Property Sub-Type Detached

Property Description

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, shallow entry, 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, paddling, islands, coves, and cottage-country recreation.

Location

Province ON

County Peterborough

Area Peterborough

Body of Water Otonabee River

Rooms

Family Room No

Basement None

Kitchen 1

Interior

Interior Features Water Heater

Cooling Window Unit(s)

Fireplace No

Heat Source Electric

Exterior

Parking Features Other

Garage Spaces 1.0

Pool None

Waterfront Description Direct

Roof Type Asphalt Shingle

Road Frontage Water Only, Private Road

Lot Frontage 85.0

Lot Depth 102.0

Total Parking Spaces 6

Building

Foundation Poured Concrete

New Construction false

Others

ParcelsYN No

Virtual Tour https://picturesque-photo-media.aryeo.com/sites/eppzvkwv/unbranded

Listed by RE/MAX HALLMARK EASTERN REALTY
Ana Bastas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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337/338 RAINBOW DR