Rainbow Falls Reservoir is a man-made lake located east of South Colton, New York, as part of the Raquette River. It is within the town of Parishville, New York, though the hamlet of South Colton. Boasting 37 acres of mature forest, this a chance to explore the outdoors and enjoy nature. Property is along the reservoir where a dock allowed on the property within the FERC Line with use of non-motorized boat. The reservoir offers great fishing including smallmouth bass, northern pike, yellow perch, black bullhead, rock bass, and walleye. There is a boat launch located on Raquette River Road.
Lot/land
Price cut: $20K (7/10)
$292,000
LOT 4 Raquette River Rd, South Colton, NY 13687
--beds
0baths
37Acres
Unimproved Land
Built in ----
37 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Man-made lake
- 66 days
- on Zillow |
- 245 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 01:48pm
Listing by:
Merrill L. Thomas - Gillis Team 518-359-9797,
Rob Gillis
Source: ACVMLS,MLS#: 177521

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Lake, River, Trees/Woods
- Has water view: Yes
- Water view: Lake,River
- Waterfront features: Lake, No Motorized Boat
- Body of water: Other
Lot
- Size: 37 Acres
- Features: Irregular Lot, Level, Rolling Slope, Views, Waterfront, Wooded, Mountain, Timber
- Topography: Level,Rolling
Details
- Parcel number: 121.00022.13
- Zoning: Residential
Utilities & green energy
- Utilities for property: Electricity Available, Internet Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: South Colton
Financial & listing details
- Tax assessed value: $8,575
- Annual tax amount: $4,500
- Date on market: 6/6/2025
- Date available: 06/06/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
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