337/338 Rainbow Drive
FOR SALE
$549,000
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BEDROOMS1
BATHROOMS1
KITCHENS7
ROOMSX13561740
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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.
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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
None
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
Build family memories by the lakeside living enjoying beautiful western sunsets overlooking the Trent Waterways system. This 3 bedroom 1,082 Sq. Ft (approx.) Panabode small square log style home is a perfect 3 season cottage. Clean sandy waterfront off the dock, perfect for swimming and boating, or just watching the world float by. Offering endless miles of boating to small towns and villages, locks, restaurants, shopping, and endless sights rights from your dock. Large beautiful and mature oak trees provide a thick natural canopy to escape the summer heat. Huge deck front, 30 by 15 ft built in 2010, to enjoy quiet morning coffees and outdoor family meals and space to unwind from a busy week in the city. Access to large common forest area with approx. 2 k of mowed walking trails to enjoy the best that nature has to offer. Great fishing both summer and winter. Rice lake is also part of a major snowmobile trail system giving access to all the trails. Meticulously clean, unique cathedral ceilings, nothing to do but bring your family and make memories to last a lifetime. Turnkey set up. Approved septic system 2010. Beautiful 2 level lake side deck 36 ft. by 17 ft. 2022, aluminum 6ft by 40ft with 6ft by 10ft and extension deck ariel docking system. Most windows replaced in 2025, metal roof and eavestrough in 2022. Great access to internet. Possession is flexible 15 to 60 days TBA. Fantastic, well kept, 100 Amp service with electric baseboards to take the chill off on those cool fall nights. Wood Duck Boat Parking.
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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 669 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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Welcome to your perfect lakeside escape-an inviting and beautifully maintained 3-bedroom, 1-bathroom cottage set in a scenic community just steps from Rice Lake. With deeded water access directly across the street, this sun-filled, south-facing retreat offers stunning views and an effortless blend of comfort and charm. Inside, you'll discover a bright, open-concept living and dining space, highlighted by large windows that flood the home with natural light. At the heart of the cottage is a cozy, updated kitchen, perfect for entertaining and creating lasting memories with family and friends. This turnkey property comes fully furnished and is ready for immediate enjoyment. Whether you're looking for a year-round residence or a seasonal getaway, this cottage is designed to be enjoyed in every season. Step outside to a generous outdoor space ideal for relaxing, entertaining, or enjoying lakeside living at its best. Take a short stroll to the nearby marina or enjoy dining at the local lakeside restaurant; everything you need is just moments away. Perfect as a personal retreat or a savvy investment, this property offers excellent short and long-term rental potential. Whether you're searching for a weekend escape or a family cottage, this charming lakeside gem truly has everything you need to inspire your dreams.
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Welcome to 179 Long Island, Rice Lake-nestled on the serene waters of Rice Lake, part of the renowned Trent-Severn Waterway. This charming island retreat offers the perfect blend of tranquility and accessibility. The Trent-Severn, a historic lock system connecting Lake Ontario to Georgian Bay, is celebrated for its scenic boating, fishing, and cottage lifestyle. Enjoy southeastern exposure with all-day sun and breathtaking lake views from the expansive wrap-around deck. This well-maintained, move-in ready 3-bedroom cottage comes fully furnished-including a king-size bed in the primary bedroom-so you can start enjoying lake life from day one. Inside, you'll find a full bath, laundry, and a spacious addition thoughtfully designed to maximize water views. Outside, the property features a private dock and large storage shed, Located just a short boat ride from nearby marinas, and with convenient proximity to Peterborough and Bewdley, this is an ideal getaway that balances peaceful seclusion with easy access to the mainland.
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Your Lakeside Escape Awaits Just steps from Rice Lake, this beautifully updated home offers comfort, charm, and year-round adventure. Wake up to breathtaking sunrises from the expansive front deck, or relax under star-filled skies at night. A separate bunkie provides extra space for guests, complete with its own exterior-access washroom. Launch a canoe with your indirect water access, or connect to the Trent Canal system through nearby marinas; the lake lifestyle is at your doorstep. Inside, an open-concept kitchen, dining, and living area makes entertaining effortless. Gather around the striking bamboo-top island and enjoy a space that's both stylish and welcoming. Enjoy every season, from ice fishing and snowmobiling in winter to boating, fishing, and exploring in the warmer months. Recent updates include fresh paint throughout, updated lighting, a UV water system (2023), dishwasher (2023), laundry machines (2024), and a fully updated bathroom (2024). Conveniently located just 20 minutes to Peterborough, Port Hope, Millbrook, and Hwy 401. Don't miss your chance to experience lakeside living at its best.
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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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* OPEN HOUSE SATURDAY 1-3pm * Enjoy Seasonal or Year Round living on Rice Lake. Nestled on a huge 75ft x 200ft lot with your very own dock across the street. Ideal home or cottage for nature lovers, great fishing and swimming right off of the dock. Large living room with gas fireplace, eat-in kitchen, 2 bedrooms and 1.5 baths. Ideal starter home or downsizer. Lots of custom homes are being built in this highly sought after area on Rice Lake.
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