Rainbow Lake NY Homes for Sale

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Type:
Single Family
Sq.Ft.:
1,920
Status:
Active
Beds:
3
Lot size:
1.6 Acres
Year built:
1980
Baths:
1.50
MLS#:
202589

ADDITIONAL INFORMATION

Welcome to camp Dun Koppin, a year round camp on private and scenic Rainbow Lake with over 500' of waterfront and a sandy bottom swimming area. The camp sits less than 50' from the shoreline! Enjoy the feeling from days gone by of a slower pace, where you'll enjoy serenity, abundant natural beauty, wildlife and where the call of Loons is music to your ears. The well maintained camp has three bedrooms and one and a half bathrooms, a spacious eat in kitchen with new granite counter tops and a new dishwasher. Complete the updating to make the home your own. There is a large wrap around deck and a sizable fire pit with plenty of room to gather for s'mores and evening story telling. Three separate docks allow for great fishing, swimming (also included is a swimming platform) or easy launching with a motorboat, or canoes and kayaks. Just steps away from the main camp is a charming two bedroom one full bathroom seasonal cottage with a wood burning fireplace and screened porch. There is also a bath house waiting to be completed or made into a sleeping cottage, and two garages. The 1.6 acre parcel also has an established building envelop and a new Elgin septic system installed for another cabin to be built. There is great potential and this is a must see as not many camps become available for sale on this body of water, with forever wild state land across the lake that can never be developed. This could be a perfect family compound or a wonderful vacation rental to help offset costs. Close to Saranac Lake, Paul Smiths and Lake Placid you can enjoy all of the outdoor and year round activities that the Adirondack Mountains have to offer.

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Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Based on information from the Adirondack-Champlain Valley MLS as of the date posted below. The information provided by the Adirondack-Champlain Valley MLS is deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024 Adirondack-Champlain Valley MLS. All Rights Reserved.



Rainbow Lake Real Estate

The median home value in Rainbow Lake, NY is $363,800. This is higher than the county median home value of $162,800. The national median home value is $338,100. The average price of homes sold in Rainbow Lake, NY is $363,800. Approximately 34.66% of Rainbow Lake homes are owned, compared to 8.77% rented, while 56.57% are vacant. Rainbow Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rainbow Lake real estate agent to arrange a tour today!

Rainbow Lake, New York has a population of 213. Rainbow Lake is less family-centric than the surrounding county with 5.88% of the households containing married families with children. The county average for households married with children is 25.55%.

The median household income in Rainbow Lake, New York is $61,719. The median household income for the surrounding county is $55,279 compared to the national median of $69,021. The median age of people living in Rainbow Lake is 60.9 years.

Rainbow Lake Weather

The average high temperature in July is 75.4 degrees, with an average low temperature in January of 2.7 degrees. The average rainfall is approximately 40.8 inches per year, with 106.1 inches of snow per year.

Rainbow Lake Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    1
    30-day change

Rainbow Lake Schools and Demographics

Education near Rainbow Lake, NY

Metric City County
High School Graduates 98.19 88.14
College Degree - 2 year 3.61 12.46
College Degree - 4 year 67.47 21.62
Graduate Degree 32.53 8.1
Expenditures per Student 30,352 30,352
Students per Teacher 10.2 10.2

Elementary Schools near Rainbow Lake, NY

School Grades Students P/T Ratio ZIP
Bloomingdale School KG - 05 176 12.6 12983
Davis Elementary School PK - 05 580 13.8 12953
Flanders Elementary School PK - 05 276 13.8 12953
Lake Placid Elementary School KG - 05 286 10.2 12946
Petrova Elementary School KG - 05 362 11.3 12983
Saint Joseph's Elementary School PK - 05 249 15.1 12953

Middle Schools near Rainbow Lake, NY

School Grades Students P/T Ratio ZIP
Malone Middle School 06 - 08 492 11.6 12953
Saranac Lake Middle School 06 - 08 288 10.7 12983

High Schools near Rainbow Lake, NY

School Grades Students P/T Ratio ZIP
Franklin Academy High School 09 - 12 695 12.6 12953
Lake Placid Junior-Senior High School 06 - 12 374 8.6 12946
Saranac Lake Senior High School 09 - 12 419 12.2 12983

Ungraded Schools near Rainbow Lake, NY

School Grades Students P/T Ratio ZIP
Franklin-Essex-Hamilton Boces 05 - 12 37 1.1 12953
Saint Regis Falls Central School PK - 12 272 10.1 12980

Demographics near Rainbow Lake, NY

Metric City County
Neighborhood Type Small town
Population 213 47,996
Population Density 6 30
Median Age 60.9 40.6
People per Household 1.7 2.3
Median Household Income 61,719 55,279
Average Income per Capita 47,425 27,826