166 days on market
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$949,000
For Sale

281 Rainbow Dr

Rural Otonabee-South Monaghan, Otonabee-South Monaghan

3+1 Bed|2+1 Bath|Yes|166 days on market

$949,000

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Home Details

Taxes
$337 / month
Total Parking Spots
4
Driveway
Private
Garage Spaces
NaN
Furnished
No
Lot Size
80.09 x 111.19 Feet
Move-in Date
30/60/90
Hydro Included
No
Heating
Forced Air
Water Included
No
Kitchens
2
Family Room
Yes
Basement
Fin W/O
Fireplace
Y
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Lower
Exterior
Vinyl Siding
Sewer
Septic
Property Type
Cottage
Style
Bungalow
Status
New
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Listing Description

Absolutely stunning riverfront cottage situated on the tranquil Otonabee River at Rice Lake. This fully furnished, all-season bungalow showcases four bedrooms, two bathrooms, and two well-appointed kitchens. The inviting open-concept layout creates a warm and cozy atmosphere, making it the perfect setting for intimate gatherings or lively get-togethers. For outdoor enthusiasts, this property is a dream come true. Enjoy the convenience of a BBQ, a fire pit, and comfortable lawn chairs, all set amidst the natural beauty of the surroundings. Water activities are plentiful, thanks to a private dock that's perfect for swimming. The dock is also equipped with an electric covered boat lift, a boat slip, and a marine rail for easy access to the river. Additional amenities include two sheds and a charming gazebo. Security system and cameras in place so you can rest easy!
See attached Features List.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Aug 26, 2024152$949,999N/AExpiredX9269221
Oct 1, 2023151$1,024,999N/AExpiredX7047236
Nov 16, 2022273$1,119,000N/AExpiredX5828118

Rooms

Room dimensions for 281 Rainbow Dr, Otonabee-South Monaghan
Living
25 x 10250 sqft
Kitchen
17 x 12204 sqft
Primary
11 x 999 sqft
2nd Br
10 x 770 sqft
3rd Br
10 x 770 sqft
Living
27 x 12324 sqft
Kitchen
12 x 896 sqft
4th Br
10 x 880 sqft
Laundry
8 x 540 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 281 Rainbow Dr is 5015

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Total Mortgage


Purchase Price$949000
Down Payment$189800
Mortgage Insurance$0
Total Mortgage$759200

Monthly Payment


Mortgage Payment$4678
Property Taxes$336
Maintenance Fees$0
Monthly Payment$5015
$5015
monthly

About 281 Rainbow Dr, Otonabee-South Monaghan

Located at 281 Rainbow Dr , this Otonabee-South Monaghan house is available for sale. This property was listed for $949,000 on Thu Apr 24 2025. This house's size is 80.09 x 111.19 Feet. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Kitchen, Primary, 2nd Br, 3rd Br, Living, Kitchen, 4th Br, Laundry. This property comes with 4 parking spots. 281 Rainbow Dr, Otonabee-South Monaghan is situated in the Rural Otonabee-South Monaghan neighbourhood.


MLS#: X12100857 · $949,000 · 3 bedroom house in Rural Otonabee-South Monaghan, Otonabee-South Monaghan