337/338 RAINBOW DRIVE, Otonabee-South Monaghan
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:25961)
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Rooms
| Level | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 2.59 m x 2.74 m |
| Main Level | Living Room | 3.96 m x 5.48 m |
| Main Level | Bedroom | 2.43 m x 3.55 m |
| Main Level | Bedroom | 2.43 m x 2.43 m |
| Main Level | Bedroom | 2.33 m x 3.25 m |
| Main Level | Bathroom | Measurements not available |
Details
- Architectural Style: Bungalow
- Equipment: Water Heater
- Ownership: Freehold
- Parking Spaces: 6
- Rental Equipment: Water Heater
- Structure: Dock
- Transaction: For sale
- View: Direct Water View
- Waterfront: Waterfront on river
- Water Body Name: Otonabee River
- Zoning Description: Seasonal/Recreational
Building
- Appliances: Water Heater, Stove, Refrigerator
- Architectural Style: Bungalow
- BasementType: None
- Bedrooms Main Level: 3
- Construction Style Attachment: Detached
- Cooling: Window air conditioner
- Exterior Finish: Vinyl siding
- Fireplace Present: False
- Foundation: Poured Concrete
- Bathrooms (Total): 1
- Heating: Heat Pump
- Heating Fuel: Electric
- Size Interior: 0 - 699 sqft
- Stories Total: 1
- Type: House
- Utility Water: Lake/River Water Intake
Land
- Access Type: Water access, Private Road, Private Docking
- Sewer: Holding Tank
- Size Depth: 102 ft
- Size Frontage: 85 ft
- Size Irregular: 85 x 102 FT
This property for sale is located at 337/338 RAINBOW DRIVE in Otonabee-South Monaghan. It was last modified on June 23rd 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Otonabee-South Monaghan properties for sale.
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