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35 Tebbutt Rd, Rainbow Lake, NY, 12976

4beds
5baths
3,744sqft
$1,599,000
$427price/sqft
$11,704/moest. monthly cost
$468,160/yrincome needed

About This Home

Keep your boat in the water all summer at your own dedicated dock space on Rainbow Lake, just a one-minute (.5-mile) drive from your front door. This rare deeded lake access offers the best of both worlds: the waterfront lifestyle without waterfront taxes. Enjoy boating, fishing, swimming, and paddling on one of the Adirondacks' most pristine and private lakes, then return to your own 6 acre retreat surrounded by towering pines. Imagine summer days spent on Rainbow Lake followed by evenings around the massive stone fireplace, dinners flowing onto the screened porch, and family and friends gathering comfortably throughout this beautifully designed Adirondack home. With very limited public access, Rainbow Lake provides the peaceful, private lake experience buyers are seeking. Designed for entertaining, this 3,700-square-foot Adirondack retreat features timeless craftsmanship and exceptional amenities. The spacious layout easily accommodates large family meals, football weekends, movie nights in the upstairs bonus room and memorable gatherings in every season. Additional features include radiant in-floor heat, upstairs laundry, security system, whole-house generator, and a Bosch propane boiler installed in 2019. Storage is abundant with a heated attached garage and a separate two-story, two-stall garage offering ample room for boats, vehicles, outdoor gear, and recreational toys. Offering privacy, generous living space, low property taxes, and private dock access on Rainbow Lake, this property is a rare opportunity to own a true Adirondack retreat. Perfect as a year-round residence, luxury vacation home, or legacy family getaway, this Rainbow Lake property delivers the lake lifestyle buyers dream about. The home is being offered partially furnished (see inclusion list in documents). The property is currently being subdivided from a larger parcel and will include approximately 6.5 acres.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

3/10
Bloomingdale SchoolGrades K-510.2 mi
7/10
6/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2009

Materials

  • Foundation: Poured
  • Roof: Asphalt
  • Construction materials: Log Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Adirondack
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Bar Fridge,ENERGY STAR Qualified Dishwasher,Ice Maker,Microwave,Propane Cooktop,Range Hood,Refrigerator,Self Cleaning Oven,Stainless Steel Appliance(s),Trash Compactor,Vented Exhaust Fan,Washer/Dryer,Wine Cooler,Wine Refrigerator
  • Laundry features: Laundry Room,Upper Level

Basement

  • Has basement: Yes
  • Basement: Concrete,Interior Entry

Bathroom1

  • Level: Second
  • Area: 70
  • Dimensions: 7 x 10

Bathroom2

  • Level: Second
  • Area: 72
  • Dimensions: 9 x 8

Bathroom3

  • Level: Second
  • Area: 216
  • Dimensions: 18 x 12

Bathroom3

  • Level: Second
  • Area: 77
  • Dimensions: 11 x 7

Bathroom4

  • Level: First
  • Area: 42
  • Dimensions: 7 x 6

Bedroom1

  • Level: Second
  • Area: 143
  • Dimensions: 13 x 11

Bedroom2

  • Level: Second
  • Area: 182
  • Dimensions: 14 x 13

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Bonus Room

  • Level: Second
  • Area: 696
  • Dimensions: 29 x 24

Dining Room

  • Level: First
  • Area: 255
  • Dimensions: 17 x 15

Features

  • Granite Counters,Breakfast Bar,Ceiling Fan(s),Chandelier,Entrance Foyer,High Ceilings,His and Hers Closets,Natural Woodwork,Open Floorplan,Pantry,Master Downstairs,Vaulted Ceiling(s)
  • Door features: French Doors,Storm Door(s)
  • Flooring: Carpet,Slate,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Masonry
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,744

Heating

  • Heating features: Propane,Radiant Floor

Interior Area

  • Total structure area: 5,361
  • Total interior livable area: 3,744 sqft

Kitchen

  • Level: First
  • Area: 200
  • Dimensions: 20 x 10

Living Room

  • Level: First
  • Area: 240
  • Dimensions: 16 x 15

Master Bathroom

  • Level: First
  • Area: 143
  • Dimensions: 13 x 11

Master Bedroom

  • Level: First
  • Area: 195
  • Dimensions: 15 x 13

Property

Details

  • Parcel number: 367.211.100
  • Other equipment: Generator

Features

  • Levels: Two
  • Patio & porch: Deck,Front Porch,Screened,Side Porch,Wrap Around
  • Exterior features: Lake Access Drive,Private Entrance,Private Yard
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Trees/Woods
  • On waterfront: Yes
  • Waterfront features: Deeded Waterfront,Shared Waterfront
  • Waterbody name: Rainbow Lake
  • Frontage type: See Remarks,Waterfront

Lot

  • Lot size: 6 Acres
  • Features: Back Yard,Many Trees,Wooded

Parking

  • Total spaces: 4
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Franklin County and New York

Flood
Hurricane
Severe Storm
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,085$97,020
Home Insurance *$1,069$12,828
Property Taxes $1,932$23,184
Electricity $618$7,424
Total$11,704$140,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$401,280/yr
40% on housing$351,120/yr
45% on housing$312,106/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.3%
4.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$427This listing

vs Other Active Listings

Avg $/sqft

ZIP 12976
Franklin County$184

vs Homes Sold Last Month

Median $/sqft

ZIP 12976$161
Franklin County$117

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-03Listed for sale$1,599,000

For Sale by Agent

AgentDebra Lennon
BrokerageEngel & Volkers Lake Placid Real Estate

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