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

337/338 Rainbow Drive,Otonabee-South Monaghan, ON K0L 1B0

Otonabee-South Monaghan, ON K0L 1B0

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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.

Details

MLS #X13561740
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusNew
Year0
Days On Site49
Listing Provided ByRE/MAX HALLMARK EASTERN REALTY | X13561740 522609

Features

Bed(s)3
Bath(s)1
Garage1
BasementY
Acreage0.20
Water FrontDirect

Interior

Interior FeaturesWater Heater
CoolingCentral Air
Heat SourceElectric
Fireplace Yes / NoNo
Rooms Total7

Exterior

RoofAsphalt Shingle
Foundation DetailsPoured Concrete
Water ViewDirect
Waterfront FeaturesDock, Stairs to Waterfront, River Front
Construction MaterialsVinyl Siding

Parking

Garage Yes / NoYes
Parking FeaturesOther

Utilities

SewerHolding Tank

Taxes

Tax Annual Amount2641
Tax Legal DescriptionPT LT 17 CON 1 S MONAGHAN AS IN R698511; T/W R698511; OTONABEE-SOUTH MONAGHAN
Tax Year2025

Other

Docking TypePrivate

Area Information

ProvinceON
RegionPeterborough
CityOtonabee-South Monaghan
Postal CodeK0L 1B0
AreaOtonabee South Monaghan
Listing VS Median (in K0L 1B0)
Price:
$549,000
low | high
Med:
$699,900
22.513661202186% of Average
On site:
49
low | high
Med:
8
100% of Average
Sourced by Back At You

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Additional Information


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Learn More About This Property

ProvinceON
RegionPeterborough
CityOtonabee-South Monaghan
Postal CodeK0L 1B0
AreaOtonabee South Monaghan
Listing VS Median (in K0L 1B0)
Price:
$549,000
low | high
Med:
$699,900
22.513661202186% of Average
On site:
49
low | high
Med:
8
100% of Average
Sourced by Back At You
Listing Updated: August 10, 2026 at 6:15:00 AM PDT