1 Red Pine Island #Rainy Lake, Rainy River Remote Area
Rainy River Remote Area, ON · · MLS® X14121604Updated
$3,000,000Est. $14,738/mo mortgage
Bedrooms
2
Bathrooms
1
Living space
1100–1500sq ft
Lot 74.995 acres
What you should know
1 Red Pine Island #Rainy Lake is a 2-bedroom, 1-bathroom home in Rainy River Remote Area, listed for $3,000,000. It has 1100-1500 sq ft of living space.
1Properties like this do not become available very often.
2Here is your chance to own your own private island of nearly 60 acres.
3The living room centers around a large stone fireplace and the rustic decor and attention to detail bring it all together.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
2 Bed, 1 Bath Home in Rainy River Remote Area
Unit Rainy Lake at 1 Red Pine Island
Rare Opportunity! Properties like this do not become available very often. Here is your chance to own your own private island of nearly 60 acres. With a well appointed log cabin and two additional sleeping cabins, it's a place for families to gather and connect. The main cabin has all of the comforts of home, and is connected to US power, has running water and a full bathroom. The living room centers around a large stone fireplace and the rustic decor and attention to detail bring it all together. While the buildings and infrastructure are impressive the real rarity is the shear size of the property. Over 12,000 ft of shoreline, and trails throughout the island it truly is a nature lovers dream. Don't miss your chance to create your own memories and traditions with a Rainy Lake retreat.
2 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $2,727 per square foot. Chat with Zara if you'd like a deeper read on whether this home fits your budget and timing.
Inside 1 Red Pine Island #Rainy Lake
Every detail from the listing, in one place.
Style
Log
Living space
1100-1500 sq ftas stated on the listing
Features & systems
Parking & garage
Parking spaces
0
Lot & land
Lot size (sqft)
59.5
Listing & possession
Property style
Log
Property class
Other
1 Red Pine Island #Rainy Lake Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14121604$3,000,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1 Red Pine Island #Rainy Lake Compares to the Rainy River Remote Area Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$14,738
/mo
based on the purchase price of $3,000,000
$600,000 cash
$2,400,000 financed
$2,021,430 total interest
Principal54%$2,400,000
Interest46%$2,021,430
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Red Pine Island? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 1 Red Pine Island #Rainy Lake with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 1 Red Pine Island #Rainy Lake day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 1 Red Pine Island #Rainy Lake
Market pulse · Rainy River Remote Area
Median sold price$245,000Last 90 days
Average days on market47Homes sold in about 47 days on average.
Sale-to-list ratio91.2%On average, homes sold below asking.
Active listings24Homes for sale here right now.
Median vs prior 90 days+57.6%Compared with Apr 30 – Jul 29, 2026: prices up.
Based on 14 sales from Jul 29 – Oct 27, 2026 (10 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1 Red Pine Island #Rainy Lake
How much is 1 Red Pine Island #Rainy Lake listed for?
1 Red Pine Island #Rainy Lake is listed at $3,000,000 (MLS® X14121604). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1 Red Pine Island #Rainy Lake changed?
No — 1 Red Pine Island #Rainy Lake is still listed at its original asking price of $3,000,000.
How many bedrooms and bathrooms does 1 Red Pine Island #Rainy Lake have?
1 Red Pine Island #Rainy Lake has 2 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a home in Rainy River Remote Area.
How much would the monthly mortgage be on 1 Red Pine Island #Rainy Lake?
About $14,738 a month — principal and interest on $3,000,000 with 20% down ($600,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1 Red Pine Island #Rainy Lake compare with other homes in Rainy River Remote Area?
Its asking price of $3,000,000 is about 1124% above the median sold price in Rainy River Remote Area over the last 90 days, $245,000, across 14 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1 Red Pine Island #Rainy Lake been sold before?
Summitly has no earlier MLS® sale or lease of 1 Red Pine Island #Rainy Lake on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1 Red Pine Island #Rainy Lake?
1 Red Pine Island #Rainy Lake is in Rainy River Remote Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1 Red Pine Island #Rainy Lake been on the market?
1 Red Pine Island #Rainy Lake was listed today (October 27, 2026).
What is the price per square foot of 1 Red Pine Island #Rainy Lake?
About $2,000 to $2,727 per square foot: the asking price of $3,000,000 over the 1,100–1,500 sq ft the listing gives as its size range.
What is the lot size of 1 Red Pine Island #Rainy Lake?
The lot is 74.995 acres, as published in the listing.
What is the land transfer tax on 1 Red Pine Island #Rainy Lake?
About $61,475 in Ontario land transfer tax at the asking price of $3,000,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 1 Red Pine Island #Rainy Lake or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
