Gurvinder Nokwal REALTOR®
For Sale Detached 81 days on market

$4,950,000

Est. payment $21,918/moCalculate yours

733 COUNTY RD 2 RD Road E, Otonabee-South Monaghan, ON K0L 1B0

Otonabee-South Monaghan, Otonabee-South Monaghan, ON K0L 1B0

  • 5 Beds
  • 2 Baths
  • 6 Garage
  • 3,500 Sq Ft

Listing courtesy of RE/MAX Rouge River Realty Ltd. MLS® X13620994

About this home

One of Rice Lake’s rare legacy waterfront estates. Set along the coveted north shore of Rice Lake, this extraordinary 148-acre property offers approximately 2,000 feet of shoreline where privacy, recreation, aviation, and entrepreneurial opportunity come together. Formerly known as Walton Woods Farm, the estate features rolling fields, productive farmland, forested trails, breathtaking elevated lake views, and portions currently planted in wheat, offering agricultural use and potential income. The charming circa-1800s farmhouse offers five bedrooms, three bathrooms, spacious principal rooms, a main-floor office, and a four-season sunroom with heated floors, providing endless potential to create a remarkable family estate, luxury retreat, boutique accommodation, or wellness destination. The restored century barn is an exceptional space for entertaining, creative pursuits, events, workshops, or future business opportunities, complete with a terrace overlooking the stunning countryside and lake. Privately positioned from the home, the waterfront features a boat launch, excellent boating, fishing, water recreation, and the rare ability to access the property by float plane. A private 1,850-foot runway and aircraft hangar make this an extraordinary offering for aviation enthusiasts seeking direct access to their country retreat. Groomed trails invite hiking, horseback riding, ATV’ing, snowshoeing, and year-round enjoyment of the natural landscape. A truly iconic waterfront estate offering exceptional lifestyle appeal and exciting future potential for agri-tourism, recreation, or other permitted rural ventures, subject to applicable approvals.

Property details

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
New
Approximate Age
100+
Size
3,500 sqft

Interior

Bedrooms
5
Bathrooms
2
Kitchens
1
Total Rooms
12
Basement
Unfinished

Building & Systems

Heating
Radiant (Propane)
Cooling
Other
Exterior
Brick
Foundation
Stone
Roof
Asphalt Shingle
Water
Well
Sewer
Septic

Lot & Parking

Lot Size
1953 x 3580 Feet
Parking
Detached garage · 54 total
Zoning
res/arg

Financial

Property Taxes
$8,700 (2025)

Location

Neighbourhood
Otonabee-South Monaghan
Cross Street
East of Hwy 28 on Cty Rd 2
Direction Faces
South

Listing

MLS® Number
X13620994
Days on Market
81
Listed On
2026-07-29
Possession
Flexible
Listed By
RE/MAX Rouge River Realty Ltd.

Rooms

Room Level Dimensions
Living Room Main 51′ 7″ × 19′ 2″
Bathroom Third 3′ 3″ × 3′ 3″
Primary Bedroom Second 22′ 3″ × 13′ 9″
Bedroom Second 16′ 5″ × 15′ 5″
Bathroom Main 3′ 3″ × 3′ 3″
Office Main 15′ 6″ × 15′ 0″
Bedroom Second 19′ 2″ × 14′ 6″
Dining Room Main 32′ 1″ × 14′ 6″
Laundry Main 3′ 3″ × 3′ 3″
Bedroom Main 15′ 6″ × 15′ 6″
Kitchen Main 22′ 4″ × 15′ 4″
Bedroom Second 16′ 3″ × 15′ 3″

Features

Interior

  • Storage

Property

  • Clear View
  • Lake Access
  • Part Cleared
  • Rolling
  • Waterfront
  • Wooded/Treed

Pool

  • None
Included
All appliances, window coverings and electric light fixtures

Mortgage calculator

Minimum for this price: $990,000 (20%)

Amortization, years

Estimated mortgage payment

$21,918 per month

Principal and interest
$21,918
Property tax
$725
Estimated monthly cost
$22,643

Your mortgage

Mortgage amount
$3,960,000
Mortgage insurance
Not needed
Interest over 25 years
$2,615,259

Cash to close

Down payment
$990,000
Land transfer tax
$110,225
Total, before legal fees
$1,100,225
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

733 COUNTY RD 2 RD Road E, Otonabee-South Monaghan, ON K0L 1B0 Otonabee-South Monaghan, Otonabee-South Monaghan, ON K0L 1B0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$4,950,000 733 COUNTY RD 2 RD Road E, Otonabee-South Monaghan, ON K0L 1B0
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