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Rice Lake Cottages For Sale Under $500,000

23 cottages under $500,000 for sale on Rice Lake right now, from $55K to $500K. Updated through the day from the MLS®.

Rice Lake marketMedian $379K17 for sale~169 days on marketMarket stats
Tap a price to see the home
23 cottages under $500,000 for sale on Rice Lake
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.5248 King Road, Hamilton Township10 photos$395,000Land0 bath · < 700 sq ft5248 King RoadRural Hamilton, Hamilton TownshipLot 102.9 x 646.9 ftCourtesy of: Royal LePage ProAlliance RealtyLot 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.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 Limited80 Parker Drive, Alnwick/Haldimand11 photos$399,000Waterfront cottage2 bed · 1 bath · 700-1100 sq ft80 Parker DriveRural Alnwick/Haldimand, Alnwick/Haldimand2 parking · Lot 50 x 123 ftCourtesy of: ROYAL HERITAGE REALTY LTD.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 North4 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 REALTY

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

Market snapshot

Rice Lake cottage market today

Based on 17 homes for sale right now (asking prices). Updated through the day.

Get recent sold prices
Median asking price$379KRange $179K – $500K
Homes for sale172 new this month
Typical days on market169Room to negotiate
Median price / sq ft$432From listed size ranges

Homes by price

Under $700K17
$700K–$1M0
$1M–$1.5M0
$1.5M–$2M0
$2M–$3M0
$3M+0

By style

StyleFor saleMedian price
Waterfront cottage16$387K
Cottage11$399K
Land6$260K
Chalet1$379K

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Rice Lake

Cottages under $500,000 on Rice Lake

Right now there are 23 cottages under $500,000 for sale on Rice Lake. Asking prices run from $55K to $500K, and the middle listing is $290K. 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 $500,000 are for sale on Rice Lake?

There are 23 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 $500,000 on Rice Lake cost?

Asking prices run from $55K to $500K, with a median of $290K. Frontage, shoreline, exposure, road access and the building itself account for most of the spread.

Where on Rice Lake are these cottages under $500,000?

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 $500,000 on Rice Lake sent to me?

Yes. Save this search or ask for listing alerts and new cottages under $500,000 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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