
Land with Home for Sale in Rainbow Lake, New York
142 Tebbutt Rd, Rainbow Lake, NY 12976
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!
Location
- Street address
- 142 Tebbutt Rd
- County
- Franklin County
- Community
- Paul Smiths
- School district
- Saranac Lake
- Elevation
- 1,694 feet
Directions
Rt. 86 N, right onto Rainbow Road, slight right onto Gabriels - Onchiota Rd., turn left onto Vosburgh Rd., right onto Tebbutt.
Property details
- Acreage
- 1.75 acres
- MLS #
- ACVMLS 206817
- Posted
Property taxes
- Recent
- $19,309
Parcels
- 352.3-1-11
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Engel & Völkers
Lot
- Waterfront
- Yes
Structure
- Basement
- Block
Interior
- Room Count
- 12
- Rooms
- Bathroom x 3, Bedroom x 4, Dining Room
- Appliances
- Built-In Gas Range, Built-In Refrigerator, Dishwasher, Down Draft, Microwave
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 31, 2026 | New listing | $2,550,000 | — | ACVMLS |











































































