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337/338 Rainbow Drive

Otonabee-South Monaghan, Ontario Otonabee River

$599,000

3

Beds

1

Bath

About 337/338 Rainbow Drive

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. (id:6289)

Features of 337/338 Rainbow Drive

Listing # X13478832
Price $599,000
Bedrooms 3
Bathrooms 1
Type Single Family
Sub-Type Freehold
Style Bungalow
Status Active

Community Information

Address 337/338 Rainbow Drive
Subdivision Otonabee-South Monaghan
City Otonabee-South Monaghan
Province Ontario
Postal Code K0L1B0

Amenities

Parking Spaces 6
Parking Detached Garage, Garage
Garages Detached Garage, Garage
View Direct Water View
Is Waterfront Yes
Has Pool No
Waterfront Otonabee River
Waterfront Type Waterfront on river

Interior

Appliances Refrigerator, Stove, Water Heater
Heating Heat Pump, Electric
Cooling Window air conditioner
Fireplace No
# of Stories 1
Has Basement No
Basement None

Exterior

Exterior Vinyl siding
Lot Description 85 x 102 FT
Foundation Poured Concrete

Listing Details

OfficeRE/MAX HALLMARK EASTERN REALTY

Listing Map