This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $899,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Enjoy cottage vibes without the cottage bills! This raised bungalow on Serpent Mounds Road offers a perfect balance of comfort, charm and practicality. With 3 + 2 bedrooms and 4 baths, you're getting dramatic rural panoramas and even glimpses of Rice Lake and just a minute (yes, I timed it) to the boat launch. Best part: no waterfront taxes, just pure lakeside joy. Step inside through a grand entry to the main floor, where gleaming Brazilian cherry wood floors shine. An oversized living room warmed by a wood stove features a heating redistribution system that sends cozy heat throughout the main floor, keeping you comfortable no matter where you are. The kitchen is both functional and generous: tons of cabinetry, a walk-in pantry, laundry room, plus direct access to the garage. The dining area leads out to a newer back deck (glass railings) overlooking a pool (liner replaced in 2025). Downstairs, the lower level is your custom-built chill zone: large family room with a stone gas fireplace, built-in hot tub for year-round relaxation, and two flexible rooms for bedrooms, office, hobby your choice. Outside, the fun continues: above-ground pool, fire pit, horseshoe pit, and wide open yard space for summer games or moonlit gatherings. The elevated lot gives you full 360-degree views, gorgeous sunsets, real wow moments. Location? Spot on. Close to Peterborough. Within walking reach of Keenes offerings: restaurant, pharmacy, LCBO / general store, library, school, medical centre, community centre with year-round events. Privacy, space and entertaining under one roof. A rare find near Rice Lake.
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This detached home located at 1034 Serpent Mounds Road, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 293 days. This property is listed at $899,999 with an estimated mortgage of $2,996* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 1034 Serpent Mounds Road, Otonabee-South Monaghan is in the Otonabee-South Monaghan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Clear View, Golf, Lake Access, Place Of Worship, Rec./Commun.Centre, School
Air Exchanger, Primary Bedroom - Main Floor, Storage, Auto Garage Door Remote, Central Vacuum, In-Law Capability, Sewage Pump, Sump Pump, Water Heater, Water Softener, Water Treatment
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1034 Serpent Mounds Road, Otonabee-South Monaghan, ON K0L 2G0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Otonabee-South Monaghan.
About Purchasing a Home in Otonabee-South Monaghan, ON
For a property listed at $899,999 in Otonabee-South Monaghan, the legal minimum down payment is $65,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,475 for this transaction. As this listing is in Otonabee-South Monaghan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,475.

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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.