Discover a rare waterfront opportunity on beautiful Rainbow Lake. This unique piece of land gently curves into the shoreline, creating a private setting with sweeping water views in multiple directions. With 504 feet of direct waterfront the property offers an extraordinary connection to the lake and endless potential. The main home sits less than 50 feet from the water's edge, creating a true Adirondack lakefront experience and a rare vantage point. Inside, the home provides a wonderful canvas for personalization—ideal for those looking to update and add value in such an exceptional setting.
Three docks and a swimming platform make lake access effortless, while a primitive bathhouse presents the exciting possibility of being reimagined as a sleeping cottage. The property also includes a one-car garage, plus a two-stall garage with an attached storage shed for all your Adirondack gear. A charming seasonal cottage offers extra guest accommodations or rental potential, and a second building site is ready for future expansion, complete with an installed Elgin septic system.
Designated as a Hamlet by the APA, this property is subject to fewer regulations, providing added flexibility for future plans. Whether you envision a summer retreat, a renovation project, or a legacy lakefront estate, this property delivers unmatched privacy, natural beauty, and direct access to one of the most sought-after lakes in the Adirondacks.
For sale
$1,090,000
81 Hull Rd, Rainbow Lake, NY 12976
3beds
1,920sqft
Single Family Residence
Built in 1980
1.6 Acres Lot
$1,030,600 Zestimate®
$568/sqft
$-- HOA
What's special
Waterfront opportunityCharming seasonal cottageSweeping water viewsPrivate settingOne-car garagePrimitive bathhouseTrue adirondack lakefront experience
- 125 days |
- 644 |
- 30 |
Zillow last checked: 8 hours ago
Listing updated: October 03, 2025 at 09:48am
Listing by:
Engel & Volkers Lake Placid Real Estate 518-523-4404,
Lisa Paschke
Source: ACVMLS,MLS#: 205617
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Features: Carpet
- Level: Second
- Area: 216 Square Feet
- Dimensions: 18 x 12
Bedroom 2
- Features: Carpet
- Level: Second
- Area: 117 Square Feet
- Dimensions: 13 x 9
Bedroom 3
- Features: Carpet
- Level: Second
- Area: 117 Square Feet
- Dimensions: 13 x 9
Primary bathroom
- Features: Linoleum
- Level: Second
- Area: 66 Square Feet
- Dimensions: 6.6 x 10
Bathroom
- Features: Linoleum
- Level: First
- Area: 24 Square Feet
- Dimensions: 4 x 6
Kitchen
- Features: Hardwood
- Level: First
- Area: 360 Square Feet
- Dimensions: 18 x 20
Living room
- Features: Hardwood
- Level: First
- Area: 380 Square Feet
- Dimensions: 20 x 19
Other
- Description: Mudroom
- Features: Hardwood
- Level: First
- Area: 30 Square Feet
- Dimensions: 6 x 5
Heating
- Electric, Wood Stove
Cooling
- Ceiling Fan(s)
Appliances
- Included: Built-In Electric Oven, Dishwasher, Down Draft, Dryer, Electric Water Heater, Free-Standing Refrigerator, Propane Cooktop, Refrigerator, Washer/Dryer
- Laundry: In Bathroom, Inside
Features
- Granite Counters, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Recessed Lighting, Storage
- Flooring: Carpet, Hardwood, Linoleum
- Windows: Double Pane Windows, Wood Frames
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
- Finished area above ground: 1,920
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Additional Parking, Garage Faces Side, Off Street, Private
- Garage spaces: 3
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Wrap Around
- Exterior features: Dock, Fire Pit, Garden, Lighting, Outdoor Shower, Storage
- Pool features: None
- Spa features: None
- Fencing: Wood,None,See Remarks
- Has view: Yes
- View description: Lake, Trees/Woods
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, Lake Front, Navigable Water, Waterfront
- Body of water: Rainbow Lake
- Frontage type: Lakefront,Waterfront
Lot
- Size: 1.6 Acres
- Features: Cleared, Garden, Gentle Sloping, Level, Many Trees, Private, Sloped Down, Subdivided, Views, Waterfront
- Topography: Sloping,Level
Details
- Additional structures: Garage(s), Guest House, Second Garage, Shed(s)
- Parcel number: 367.124
- Zoning: Residential
- Special conditions: Standard
- Other equipment: Call Listing Agent, Fuel Tank(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Cottage
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Asphalt
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Private Sewer, Septic Tank
- Water: Well Drilled
- Utilities for property: Cable Available, Electricity Connected, Internet Available, Phone Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Rainbow Lake
Financial & listing details
- Price per square foot: $568/sqft
- Tax assessed value: $1,090,800
- Annual tax amount: $14,342
- Date on market: 8/27/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
- Lease term: Short Term Lease
- Electric utility on property: Yes
- Road surface type: Dirt, Paved
Estimated market value
$1,030,600
$979,000 - $1.08M
$1,868/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2025 | Listed for sale | $1,090,000$568/sqft |
Source:  ACVMLS #205617 Report a problem | ||
| 2/1/2025 | Listing removed | $1,090,000$568/sqft |
Source:  Engel & Volkers #202589 Report a problem | ||
| 7/30/2024 | Listed for sale | $1,090,000-14.5%$568/sqft |
Source: ACVMLS #202589 Report a problem | ||
| 12/27/2023 | Listing removed | -- |
Source: ACVMLS #179133 Report a problem | ||
| 6/30/2023 | Listing removed | $1,275,000$664/sqft |
Source: ACVMLS #179133 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $1,090,800 +121.6% |
| 2023 | -- | $492,200 |
| 2022 | -- | $492,200 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 12976
Nearby schools
GreatSchools rating
- 5/10Bloomingdale SchoolGrades: K-5Distance: 10 mi
- 6/10Saranac Lake Middle SchoolGrades: 6-8Distance: 10 mi
- 6/10Saranac Lake Senior High SchoolGrades: 9-12Distance: 10 mi
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