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Cheap Cottages For Sale on Rice Lake

19 cottages under $400,000 for sale on Rice Lake right now, from $55K to $400K. Updated through the day from the MLS®.

Rice Lake marketMedian $339K13 for sale~111 days on marketMarket stats
Tap a price to see the home
19 cottages under $400,000 for sale on Rice Lake
1235 Villiers Line - 34 Glen Abbey, Otonabee-South Monaghan22 photos$54,900Waterfront cottage2 bed · 1 bath · 700-1100 sq ft1235 Villiers Line - 34 Glen AbbeyOtonabee-South Monaghan2 parking · PoolCourtesy of: INTERNATIONAL REALTY FIRM, INC.14 Pioneer Drive, Otonabee-South Monaghan14 photos$69,900Waterfront cottage2 bed · 2 bath · 700-1100 sq ft14 Pioneer DriveOtonabee-South Monaghan2 parking · PoolCourtesy of: Royal LePage Frank Real Estate1235 Villiers Line 114 Forest Drive, Otonabee-South Monaghan22 photos$79,900Waterfront cottage3 bed · 1 bath · < 700 sq ft1235 Villiers Line 114 Forest DriveOtonabee-South Monaghan3 parking · PoolCourtesy of: HOMELIFE HEARTS REALTY INC.15 The Point Dr. - 1235 Villiers Line, Otonabee-South Monaghan45 photos$89,900Waterfront cottage3 bed · 1 bath · < 700 sq ft15 The Point Dr. - 1235 Villiers LineOtonabee-South Monaghan2 parking · PoolCourtesy of: Bowes & Cocks Limited4 Dogwood Street, Otonabee-South Monaghan15 photos$89,900Waterfront cottage3 bed · 1 bath · 700-1100 sq ft4 Dogwood StreetOtonabee-South Monaghan1 parking · PoolCourtesy of: ROYAL LEPAGE NRC REALTY20 - 5 Elm Grove Road, Otonabee-South Monaghan8 photos$90,000Resort condo0 bath · 0-499 sq ft20 - 5 Elm Grove RoadOtonabee-South MonaghanPOTL fee $447/moCourtesy of: BOSLEY REAL ESTATE LTD.4 McGregor Drive, Otonabee-South Monaghan41 photos$179,000Waterfront cottage2 bed · 1 bath · 1100-1500 sq ft4 McGregor DriveOtonabee-South Monaghan2 parking · PoolCourtesy of: Re/Max All-Stars Realty Inc.221 Paudash Street, Hiawatha First Nation26 photos$199,900Waterfront cottage3 bed · 1 bath · 700-1100 sq ft221 Paudash StreetHiawatha First Nation3 parking · Lot 64.3 x 79.6 ftCourtesy of: Century 21 United Realty Inc.110 Cow Island, Otonabee-South Monaghan14 photos$217,999Land0 bath · < 700 sq ft110 Cow IslandOtonabee-South MonaghanLot 100.1 x 320.3 ftCourtesy of: Royal LePage Frank Real EstateLot 26 Grandview Drive, Alnwick/Haldimand8 photos$225,000Land0 bathLot 26 Grandview DriveRural Alnwick/Haldimand, Alnwick/HaldimandLot 202.7 x 177.7 ftCourtesy of: Re/Max Hallmark First Group Realty Ltd.5310 Sully Road, Hamilton Township8 photos$229,900Land0 bath · < 700 sq ft5310 Sully RoadRural Hamilton, Hamilton TownshipGarage · Lot 242 x 335 ftCourtesy of: ROYAL LEPAGE TERREQUITY REALTY227 Grandview Drive, Alnwick/Haldimand11 photos$289,900Land0 bath227 Grandview DriveRural Alnwick/Haldimand, Alnwick/Haldimand3 parking · Lot 168 x 321 ftCourtesy of: RE/MAX Rouge River Realty Ltd.

Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

Market snapshot

Rice Lake cottage market today

Based on 13 homes for sale right now (asking prices). Updated through the day.

Get recent sold prices
Median asking price$339KRange $179K – $400K
Homes for sale132 new this month
Typical days on market111Room to negotiate
Median price / sq ft$388From listed size ranges

Homes by price

Under $700K13
$700K–$1M0
$1M–$1.5M0
$1.5M–$2M0
$2M–$3M0
$3M+0

By style

StyleFor saleMedian price
Waterfront cottage12$345K
Cottage7$379K
Land6$260K
Chalet1$379K

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Rice Lake

Cottages under $400,000 on Rice Lake

Right now there are 19 cottages under $400,000 for sale on Rice Lake. Asking prices run from $55K to $400K, and the middle listing is $225K. Most are in Otonabee-South Monaghan, Alnwick/Haldimand and Hamilton Township.

Rice Lake is long, shallow and warm, a very different animal from the rocky Shield lakes to the north. Read the full Rice Lake guide.

Lower prices usually mean a longer drive, a smaller lake, water access, a seasonal road or a building that needs work. None of those are deal breakers if you go in knowing which one you are buying.

Common questions

How many cottages under $400,000 are for sale on Rice Lake?

There are 19 listings right now, taken straight from the MLS® and updated through the day. New ones are added the day they come on the market.

How much do cottages under $400,000 on Rice Lake cost?

Asking prices run from $55K to $400K, with a median of $225K. Frontage, shoreline, exposure, road access and the building itself account for most of the spread.

Where on Rice Lake are these cottages under $400,000?

Most of today's listings are in Otonabee-South Monaghan, Alnwick/Haldimand and Hamilton Township. Use the map above to see exactly where each one sits on the lake.

Can I get new cottages under $400,000 on Rice Lake sent to me?

Yes. Save this search or ask for listing alerts and new cottages under $400,000 on Rice Lake are emailed to you the day they hit the MLS®, along with price drops. It is free and you can stop anytime.

Sold history

Rice Lake sold prices by year

340 cottages, homes and lots on Rice Lake have sold through the MLS® since 2013, 46 of them in the past 12 months. Sold prices are for members. Joining is free.

See what Rice Lake cottages actually sold for

Free members see sold prices, sale-to-asking ratios and every sold listing on the lake.

YearSalesMedian soldAverageLowestHighestSold vs. askingMedian days
2026 to date41
202535
202424
202313
202233
202139
202039
201925
201830
201729
201615
20159
20143
20135

Sold data from the PropTx MLS®, for sales reported on the board. Private and exclusive sales are not included. Figures are a guide, not an appraisal. Information deemed reliable but not guaranteed.

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