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Home PE Greater Charlottetown Lot 36
171 Rainbow Drive
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171 Rainbow Drive $344,000
$344,000
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171 Rainbow Drive
Tarantum, Prince Edward Island C0A1T0

MLS® Number: 202516147
2
Bedrooms
1
Bathrooms

Listing Description

This beautifully maintained four-season lakefront home on Glenfinnan Lake offers the perfect combination of privacy, convenience, and natural beauty?just 18 minutes from downtown Charlottetown. Located on a quiet, all-season road, the property features excellent water frontage with a brand new dock and endless aquatic possibilities including swimming, kayaking, or simply relaxing by the water as ospreys glide overhead. The open-concept layout connects the living, dining, and kitchen areas, creating a bright and welcoming atmosphere. With two spacious bedrooms and a full bath, this home is ideal for year-round living or as a seasonal retreat. A large back deck with a privacy wall and a well-appointed side deck offer peaceful outdoor spaces to enjoy the lake views. Two storage sheds provide practical space for tools and gear. The home has seen many recent updates including a steel roof, new heat pump, shed roof, added washer and dryer, and full insulation underneath, making it a true four-season residence. In addition to being a perfect personal escape, this property also offers strong potential for rental income?short-term in the summer months when demand is high, and long-term in the off-season thanks to its year-round comfort and location. A rare opportunity to own a versatile lakeside home with income potential just minutes from the city. (231054361)

Location Description

In Tarantum on Rte 215 turn onto Simpson Lane Rte 255. Then turn onto Rainbow Drive.

Property Summary

Property Type
Single Family
Building Type
House
Community Name
Tarantum
Title
Freehold
Land Size
0.57 ac|1/2 - 1 acre
Built in
1986
Parking Type
Gravel
Time on REALTOR.ca
33 days

Building

Bedrooms
Above Grade
2
Bathrooms
Total
1
Partial
0
Interior Features
Appliances Included
Range - Electric, Dishwasher, Dryer - Electric, Washer, Microwave, Refrigerator
Flooring
Carpeted, Laminate, Linoleum
Basement Type
None
Building Features
Style
Detached
Heating & Cooling
Heating Type
Wall Mounted Heat Pump, (Electric)
Utilities
Utility Sewer
Septic System
Water
Drilled Well
Exterior Features
Exterior Finish
Wood siding
Parking
Parking Type
Gravel

Measurements

Total Finished Area
672 sqft

Rooms

MetricImperial
Main level
Living room
Kitchen
Dining room
Primary Bedroom
Bedroom

Land

Lot Features
Land Disposition
Cleared
Landscape Features
Landscaped
Waterfront Features
Waterfront
Waterfront
Data provided by: Prince Edward Island Real Estate Association Unit L100 - 3 Lower Malpeque Road, Charlottetown, Prince Edward Island C1E 1R4

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