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1 Pearson RD

1 Pearson RD

Rainy Lake, RedGut Bay, Ontario

3 bed • 1 bath • Recreational

$625,000

NEW LISTING: Drive to your dream lakefront retreat on Rainy Lake, ON. This stunning log home has been completely rebuilt and embodies the charm and character of classic log construction with modern conveniences. Step inside to a spacious open concept living area that seamlessly blends the living room, dining room, and kitchen, featuring newer appliances and a magnificent stone fireplace, powered by propane gas, that warms both your heart and the space! The high-reaching cathedral ceiling adds to the home's unique ambiance, while the loft area is perfect for sleepovers and creative pursuits. The main level houses two generous bedrooms, an office/den or 3rd bedroom that walks out to the back deck/patio. Enjoy breathtaking views from the expansive front deck overlooking a sandy beach and dock, spacious enough for several boats. In addition to the main house, there are three seasonal dwellings, each offering stunning lake and nature views. The first includes a screened porch and deck, kitchen, dining, and living area with one bedroom. The second offers a sitting room, two sleeping areas, a bath, , and a deck. The third, a park-model home, boasts one bedroom and bath and sits dramatically on a rock's edge, providing unparalleled lake vistas from its deck. This property is perfect as a multi-family lake retreat or as an exciting opportunity for a summer Airbnb venture. Let your imagination run wild and come up with all the exciting things that can be done with the outbuildings as you enjoy the tranquility and beauty of lakeside living. Year-round or seasonal, the beautiful log home can be yours to enjoy Rainy Lake all year long. Although the current owners have never lived here all year, they have set it up so you could make a few adjustments to suit 4 season living. The possibilities are endless—this may be the answer to your lakeside dreams. RRD

Price History

Property

Lot Size
2.51 acres

Community

Postal area P9A

Population
10,079
Private dwellings
5,176
Median age
44.8
Average household size
2.3
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Recreational in Rainy Lake, RedGut Bay · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of recreational properties in Rainy Lake, RedGut Bay over the last 12 months.

Mortgage Calculator

$125,000

Estimated Monthly Payment

$3,070

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,070/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $156/mo

Estimates only. Consult a financial advisor.

R

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