NOT LISTED FOR SALE

22 Dear Ln Rainbow Lake, NY 12976

Estimated Value: $527,000 - $1,445,000

3 Beds
3 Baths
1,767 Sq Ft
$643/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2023

Last sale price $1,100,716 $623 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,362 / mo

Highlights

  • Lake Front
  • Boat Slip
  • Panoramic View
  • Docks
  • Heated Spa
  • Open Floorplan

About This Home

As of August 2023

Spruce Point - Rainbow Lake

Perfectly situated spacious lakefront home ready for your family to enjoy in every season on a peninsula with over 400 feet of lakefrontage. Offering a rolling landscaped lot and a sandy bottom on Rainbow Lake, a 12-mile interconnected 3-lake chain of lakes, unbothered by overuse or crowds, yet close to Saranac Lake/Lake Placid. The 3-bedroom 1767 square foot home has the finishes and size to easily accommodate a family. Built in 1995/2015 and well maintained means you will spend your days on the lake this summer, not maintaining an old house. The main level has two bedrooms and two baths. The house has an additional bedroom and bath upstairs, and the boathouse has an upstairs bedroom. The open floor plan flows onto a wide deck overlooking the lake. Many furnishings and boats are included. Short Term Rentals are unregulated and there is strong demand in the area. VIEW ANYTIME UP UNTIL BID DEADLINE AUGUST 2, NOON.

Last Agent to Sell the Property

Peter Day

Martha Day Realty, Inc. License #31DA0735924 Listed on: 07/26/2023

Last Buyer's Agent

Peter Day

Martha Day Realty, Inc. License #31DA0735924 Listed on: 07/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,395

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 41,382 Sq Ft Lot
  • Lake Front
  • Home fronts navigable water
  • Property fronts a private road
  • Landscaped
  • Gentle Sloping Lot

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Lake
  • Panoramic

Home Design

  • Adirondack Architecture
  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Concrete Siding
  • Asphalt

Interior Spaces

  • 1,767 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Double Pane Windows
  • Entrance Foyer

Kitchen

  • Free-Standing Gas Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry
  • Block Basement Construction
  • Basement Storage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • Above Ground Spa
  • Fiberglass Spa

Outdoor Features

  • Access To Lake
  • Boat Slip
  • Docks
  • Deck
  • Exterior Lighting
  • Side Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • 200+ Amp Service
  • Power Generator
  • Drilled Well
  • Septic Tank
  • Private Sewer
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 367.3-1-15.100

Community Details

Recreation

  • Waterfront Owned by Association

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,395

Year Built

Built in 1995 | Remodeled

Lot Details

0.95 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront, Waterfront
  • Horses: No
  • Lot Size Acres: 0.95
  • Lot Size: pennisula
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Water Body Name: Rainbow Lake
  • Subdivision Name: None
  • Directions: Dear Lane is the 2nd drive after Garondah Road on the left, drive in straight 150 yards, bear left to the circular drive 200 feet
  • Above Grade Finished Sq Ft: 1767.0
  • Architectural Style: Adirondack
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Structure Type: House
  • Year Built: 1995
  • Appliances Microwave: Yes
  • Special Features: None

Interior Features

  • Spa Features: Above Ground, Fiberglass, Heated
  • Appliances: Dishwasher, Down Draft, Free-Standing Gas Oven, Free-Standing Refrigerator, Gas Cooktop, Ice Maker, Microwave, Washer/Dryer
  • Has Basement: Exterior Entry, Full, Interior Entry, Storage Space, Unfinished, Walk-Out Access, Walk-Up Access
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Beamed Ceilings, Double Vanity, Entrance Foyer, Granite Counters, High Speed Internet, Jetted Tub, Kitchen Island, Natural Woodwork, Open Floorplan, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1767.0
  • Stories: 1
  • Window Features: Double Pane Windows, Skylight(s), Window Coverings
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Cooktop: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Jetted Tub: Yes
  • Basement:Exterior Entry: Yes
  • Appliances:Ice Maker: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Gentle Sloping, Landscaped, Private, Views, Waterfront
  • Pool Features: None
  • View: Lake, Panoramic, Water
  • Waterfront Features: Lake Front, Navigable Water, Owned Waterfront, Waterfront
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Asphalt, Concrete, Frame, Wood Siding
  • Exterior Features: Boat Slip, Dock, Lake Access Steps, Lighting
  • Foundation Details: Block, Poured
  • Other Structures: Boat House
  • Patio And Porch Features: Deck, Side Porch
  • Property Condition: Updated/Remodeled
  • Roof: Asphalt
  • Lot Features:Private: Yes
  • Lot Features:Waterfront: Yes
  • Construction Materials:Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Views: Yes
  • Exterior Features:Lighting: Yes
  • Waterfront Features:Owned Waterfront: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Lake Access Steps: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Faces Side
  • Parking Features:Driveway: Yes

Utilities

  • Laundry Features: Common Area, Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Central, Fireplace(s), Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Generator
  • Sewer: Private Sewer, Septic Tank
  • Utilities: Cable Connected, Electricity Connected, Internet Connected, Phone Connected, Sewer Connected
  • Water Source: Well Drilled
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Saranac Lake

Lot Info

  • Lot Size Sq Ft: 41382.0
  • Parcel #: 367.3-1-15.100
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: None

Tax Info

  • Tax Annual Amount: 7395.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2025
Sold by
Turtle Karen
Bought by
Karen Turtle Revocable Trust and Turtle
Current Estimated Value
$1,135,831

Purchase Details

Listed on
Jul 26, 2023
Closed on
Aug 30, 2023
Sold by
Gorham Roger D and Gorham Linda D
Bought by
Turtle Karen
Seller's Agent
Peter Day
Martha Day Realty, Inc.
Buyer's Agent
Peter Day
Martha Day Realty, Inc.
List Price
$1,100,000
Sold Price
$1,100,716
Premium/Discount to List
$716
0.07%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%

Purchase Details

Closed on
Jul 17, 2008
Sold by
Fitchett-Fischer Charlene
Bought by
Gorham Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 1995
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Karen Turtle Revocable Trust -- Brownell Abstract
Turtle Karen $1,101,000 None Listed On Document
Gorham Roger $545,750 John T Wilkins
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorham Roger $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2023 08/29/23 Sold $1,100,716 +0.1% $623 / Sq Ft
07/26/2023 07/26/23 For Sale $1,100,000 -- $623 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
Source: Adirondack-Champlain Valley MLS

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 $14,938 $1,136,100 $512,800 $623,300
2023 $13,253 $555,900 $312,300 $243,600
2022 $13,254 $555,900 $312,300 $243,600
2021 $12,095 $555,900 $312,300 $243,600
2020 $11,970 $555,900 $312,300 $243,600
2019 $12,927 $555,900 $312,300 $243,600
2018 $11,248 $555,900 $312,300 $243,600
2017 $11,105 $555,900 $312,300 $243,600
2016 $11,299 $555,900 $312,300 $243,600
2015 -- $432,300 $312,300 $120,000
2014 -- $432,300 $312,300 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Peter Day

    Seller's Agent in 2023

    Peter Day

    Martha Day Realty, Inc.

    (518) 572-4165

    27 Total Sales

    Peter Day
    Section Image

  • M

    Buyer Co-Listing Agent in 2023

    Matt Ellis

    Coldwell Banker Whitbeck Assoc Tupper Lake

    (518) 359-9989

    62 Total Sales

    Matt Ellis
    Section Image
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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 200097

APN: 163000-367-003-0001-015-100-0000

New York Franklin County

22 Dear Ln, NY

Not Listed for Sale

Detached

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