142 Tebbutt Rd Rainbow Lake, NY 12976
Estimated payment $15,222/month
Highlights
- Built-In Refrigerator
- Adirondack Architecture
- Fireplace
- Waterfront
- Den
- 2 Car Attached Garage
About This Home
Rare opportunity to own a premier waterfront home on Rainbow Lake in the Adirondacks, featuring open water views, a level lawn, and exceptional
craftsmanship. Rainbow Lake is known for its limited development, long stretches of natural shoreline, and privacy. Waterfront properties here are rarely offered, often held for generations, making this a truly unique Adirondack Lake House opportunity. This Adirondack waterfront home is rich in character with antique doors, stained glass, and beautiful wood details throughout. The great room is open and airy, perfectly positioned to capture west-facing lake views and breathtaking sunsets over forever-wild land that will never be developed.
Designed for entertaining, the home offers seamless indoor-outdoor living. The dining room features a stunning masonry fireplace, ideal for cozy Adirondack evenings. The primary suite is a private retreat with a spacious sitting area, spa-like bath, and a brand new custom walk-in closet. A large two-stall garage provides year-round convenience with ample storage for vehicles, boats, and equipment. The professionally landscaped lawn is level and lush with irrigation, gently leading to the waterfront, ideal for recreation, relaxing and lakefront living. The three-slip boathouse showcases custom Adirondack finishes, including birch bark framed windows and doors and exposed beamed ceilings. Included are two jet skis, canoes, kayaks, and outdoor furnishings, making this waterfront property ready to enjoy. A charming artist's cabin, near the sandy shoreline offers additional guest space or a peaceful retreat. A separate gated private drive provides easy access for launching a motorboat. Conveniently located just 7 miles from Saranac Lake, 10 miles from Lake Clear Airport, and 30 minutes to Lake Placid, this home offers both seclusion and accessibility.
Experience Adirondack luxury, privacy, and authentic lakefront living at its finest!
Listing Agent
Engel & Volkers Lake Placid Real Estate Brokerage Email: colleen.holmes@evrealestate.com License #10401341818 Listed on: 03/31/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,309
Year Built
- Built in 1985
Lot Details
- 1.75 Acre Lot
- Waterfront
Parking
- 2 Car Attached Garage
Home Design
- Adirondack Architecture
Interior Spaces
- Fireplace
- Living Room
- Dining Room
- Den
- Block Basement Construction
Kitchen
- Down Draft Cooktop
- Microwave
- Built-In Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Listing and Financial Details
- Assessor Parcel Number 352.3-1-11
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $20,354 | $1,548,000 | $584,800 | $963,200 |
| 2023 | $21,721 | $905,500 | $352,000 | $553,500 |
| 2022 | $21,710 | $905,500 | $352,000 | $553,500 |
| 2021 | $19,821 | $905,500 | $352,000 | $553,500 |
| 2020 | $20,094 | $905,500 | $352,000 | $553,500 |
| 2019 | $21,677 | $905,500 | $352,000 | $553,500 |
| 2018 | $18,931 | $905,500 | $352,000 | $553,500 |
| 2017 | $18,630 | $905,500 | $352,000 | $553,500 |
| 2016 | $16,373 | $784,000 | $352,000 | $432,000 |
| 2015 | -- | $784,000 | $352,000 | $432,000 |
| 2014 | -- | $784,000 | $352,000 | $432,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2026 03/31/26 | For Sale | $2,550,000 | -- | $624 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $415,100 | -- |
Source: Adirondack-Champlain Valley MLS
MLS Number: 206817
APN: 163000-352-003-0001-011-000-0000
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Ask me questions while you tour the home.