It is bounded on the north by Gortawee townland, on the east by Annagh townland, on the south by Doon (Tomregan) townland and on the west by Mucklagh townland. Its chief geographical features are the Shannon-Erne Waterway which flows north along its eastern boundary and a foothill of Slieve Rushen mountain reaching to above sea-level. Rakeelan is traversed by the R205 road (Ireland) and Mucklagh lane. The townland covers 89 statute acres, including of water.