337/338 Rainbow Drive
FOR SALE
$549,000
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3
BEDROOMS 1
BATHROOMS 1
KITCHENS 7
ROOMS X13561740
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Property 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.
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Property Features
Water Heater, Other, Dock, Stairs to Waterfront, River Front
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Property Details
Address
337/338 Rainbow Drive
Community
Postal Code
K0L 1B0
Property Type
Detached, Detached
Zoning
Seasonal/Recreational
Lot Size
85' x 102'
Taxes
$2,641 (2025
Basement
Partially Finished
Heat Type
Heat Pump
Heat Source
Electric
Water
Other
Parking Spaces
5
Garage Type
Detached
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Listing contracted with Re/Max Hallmark Eastern Realty
Located on the scenic shores of Rice Lake. The property offers an incredible opportunity to create your dream waterfront retreat. With approx 75 feet of pristine south-facing waterfront, and part of the renowned Trent-Severn Waterway, this lot provides ideal conditions for fishing, boating, and enjoying the stunning natural beauty of the area. There is an existing cottage however the lot is being sold as land value only. Take advantage of the spacious lot for your possible dream home. Many cottages in the area are being upgraded into luxurious homes, making this the ideal time to invest. The property is in a prime location with easy access to all amenities and is just a short drive from Peterborough, Durham Region, and Toronto. The property next door is also for sale at 669 North Shore and is another approx 75 foot lot. The famous butter tarts at the local Bakery are a local treat, and golf enthusiasts will love the proximity to nearby courses. Whether you're looking for a weekend getaway or a full-time residence, this is a rare opportunity to own a piece of Rice Lake waterfront, where you can enjoy serene views, great fishing, and endless boating possibilities. Don't miss your chance to own one or both of these exceptional properties, ideal for building your perfect lakeside retreat! Cottage is not available to view. Being sold as land value only. Property being sold as is where is with no warranties.
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Located on the scenic shores of Rice Lake. The property offers an incredible opportunity to create your dream waterfront retreat. With approx 75 feet of pristine south-facing waterfront, and part of the renowned Trent-Severn Waterway, this lot provides ideal conditions for fishing, boating, and enjoying the stunning natural beauty of the area.There is an existing cottage however the lot is being sold as land value only.Take advantage of the spacious lot for your possible dream home. Many cottages in the area are being upgraded into luxurious homes, making this the ideal time to invest. The property next door is for sale at 671 North Shore and is also another approx 75 foot lot.The property is in a prime location with easy access to all amenities and is just a short drive from Peterborough, Durham Region, andToronto. The famous butter tarts at the local Bakery are a local treat, and golf enthusiasts will love the proximity to nearby courses.Whether you're looking for a weekend getaway or a full-time residence, this is a rare opportunity to own a piece of Rice Lake waterfront, where you can enjoy serene views, great fishing, and endless boating possibilities. Don't miss your chance to own one or both of these exceptional properties, ideal for building your perfect lakeside retreat! Cottage is not available to view. Being sold as land value. Property being sold as is where is with no warranties.
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