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Rice Lake Cottages For Sale Under $1 Million

47 cottages under $1 million for sale on Rice Lake right now, from $55K to $999K. Updated through the day from the MLS®.

Rice Lake marketMedian $550K41 for sale+3 new this week~67 days on marketMarket stats
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47 cottages under $1 million for sale on Rice Lake
50 Long Island, Otonabee-South Monaghan35 photos$399,000Waterfront cottage3 bed · 1 bath · 1100-1500 sq ft50 Long IslandOtonabee-South Monaghan2 parking · Lot 114.6 x 206.9 ftCourtesy of: RE/MAX Jazz INC.20 - 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.671 North Shore Drive E, Otonabee-South Monaghan$449,000Waterfront cottage3 bed · 1 bath · 700-1100 sq ft671 North Shore Drive EOtonabee-South Monaghan2 parking · Lot 75 x 204.8 ftCourtesy of: WEISS REALTY LTD.1235 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.176 Robins Road, Alnwick/Haldimand49 photos$379,000Chalet3 bed · 1 bath · 700-1100 sq ft176 Robins RoadRural Alnwick/Haldimand, Alnwick/Haldimand2 parking · Lot 75 x 141.7 ftCourtesy of: Century 21 United Realty Inc.53 Long Island, Otonabee-South Monaghan30 photos$399,900Waterfront cottage3 bed · 1 bath · 700-1100 sq ft53 Long IslandOtonabee-South MonaghanLot 77.1 x 220.3 ftCourtesy of: RE/MAX Professionals North6274 Shearer Point Road, Alderville First Nation30 photos$899,000Waterfront cottage2+1 bed · 2 bath · 1100-1500 sq ft6274 Shearer Point RoadAlderville First NationGarage · 10 parking · Lot 117 x 165 ftCourtesy of: BEST UNION REALTY INC.840 McGregor Bay Road, Otonabee-South Monaghan49 photos$779,000Cottage4 bed · 2 bath · 2500-3000 sq ft840 McGregor Bay RoadOtonabee-South MonaghanGarage · 10 parking · Lot 372 x 307 ftCourtesy of: Exp Realty82 Cow Island, Otonabee-South Monaghan46 photos$549,900Waterfront cottage3 bed · 1 bath · 700-1100 sq ft82 Cow IslandOtonabee-South Monaghan1 parking · Lot 142 x 161.5 ftCourtesy of: RE/MAX Jazz INC.440 - 5427 Young Street, Hamilton Township40 photos$968,000Waterfront cottage2 bed · 2 bath · < 700 sq ft440 - 5427 Young StreetRural Hamilton, Hamilton Township3 parking · Lot 49.7 x 128 ftCourtesy of: RE/MAX Rouge River Realty Ltd.4 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 REALTY2A Whites Island, Alnwick/Haldimand34 photos$479,900Waterfront cottage3 bed · 1 bath · 700-1100 sq ft2A Whites IslandRural Alnwick/Haldimand, Alnwick/Haldimand2 parking · Lot 276 x 214 ftCourtesy of: Royal LePage Frank Real Estate

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

Market snapshot

Rice Lake cottage market today

Based on 41 homes for sale right now (asking prices). Updated through the day.

Get recent sold prices
Median asking price$550KRange $150K – $999K
Homes for sale41+3 new this week
Typical days on market67Room to negotiate
Median price / sq ft$499From listed size ranges

Homes by price

Under $700K32
$700K–$1M9
$1M–$1.5M0
$1.5M–$2M0
$2M–$3M0
$3M+0

By style

StyleFor saleMedian price
Waterfront cottage38$549K
Cottage35$598K
Land6$260K
Chalet1$379K

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Rice Lake

Cottages under $1 million on Rice Lake

Right now there are 47 cottages under $1 million for sale on Rice Lake. Asking prices run from $55K to $999K, and the middle listing is $549K. 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.

Common questions

How many cottages under $1 million are for sale on Rice Lake?

There are 47 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 $1 million on Rice Lake cost?

Asking prices run from $55K to $999K, with a median of $549K. Frontage, shoreline, exposure, road access and the building itself account for most of the spread.

Where on Rice Lake are these cottages under $1 million?

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 $1 million on Rice Lake sent to me?

Yes. Save this search or ask for listing alerts and new cottages under $1 million 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

341 cottages, homes and lots on Rice Lake have sold through the MLS® since 2013, 47 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 date42
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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