$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
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
Estimated mortgage payment
$21,918 per month
- Principal and interest
- $21,918
- Property tax
- $725
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,100,225
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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