Scout N Secure

$549,000

Map

337/338 Rainbow Drive

Otonabee-South Monaghan, Ontario K0L1B0

For sale· Added

3 bed1 bath0–699 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13561740
Added
Jul 14, 2026 ()
Updated
Aug 10, 2026 ()
Info refreshed

Overview

Property type
Single Family
Building type
Detached
Style
Bungalow
Storeys
1
Ownership
Freehold

Inside

Bedrooms
3
Bathrooms
1
Heating
Heat Pump, Electric
Cooling
Central air conditioning
Fireplace
No
Appliances
Refrigerator, Dishwasher, Stove, Water Heater

Building

Basement
Partially finished
Exterior
Vinyl siding
Foundation
Poured Concrete
Parking
Detached Garage, Garage · 6 spaces

Land

Lot size
85 x 102 ft
Waterfront
Waterfront on river
Body of water
Otonabee River
View
Direct Water View
Zoning
Seasonal/Recreational

Services

Water
Lake/River Water Intake
Sewer
Holding Tank

Location

Cross streets
Second Line
Directions
Second Line to Rainbow Drive.

Running costs

Annual property tax
$2,641

Rooms

KitchenMain level2.59 x 2.74 m
Living roomMain level3.96 x 5.48 m
BedroomMain level2.43 x 3.55 m
BedroomMain level2.43 x 2.43 m
BedroomMain level2.33 x 3.25 m
BathroomMain level0 x 0 m

Ask about this home

$549,000
337/338 Rainbow Drive
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