411 Pickerel Bay Road, Lanark Highlands - Business for Sale
411 Pickerel Bay Road, Lanark Highlands, Ontario, K0A3L0
This business in Lanark Highlands is for sale offering roughly 1,201 sq ft of space.
Description
Attention investors, entrepreneurs, and waterfront lifestyle buyers! Welcome to an exceptional 3.95-acre waterfront retreat on the pristine shores of White Lake. This rare offering includes five cottages, a spacious main lodge, common gathering areas, and extensive recreational amenities, creating a unique destination property with remarkable flexibility and upside potential.Designed to accommodate large groups, the property features 12 bedrooms, 7 bathrooms, two fully equipped kitchens, and sleeping accommodations for up to 35 guests, with capacity to host events and gatherings of up to 75 people. The main lodge offers multiple gathering spaces, including a TV room, sunroom, and stunning lake views, making it ideal for family reunions, retreats, celebrations, wellness events, and corporate functions.Guests and owners alike will appreciate the impressive amenity package, including an indoor heated pool, hot tub, sauna overlooking the lake, outdoor gathering areas, BBQ facilities, event tent, docks, and expansive waterfront enjoyment. The property's scale, privacy, and shoreline presence create a true resort atmosphere less than an hour from Ottawa.Numerous improvements have been completed throughout the property. Additional features include owned hot water tanks, holding tank, septic system, two water pumps, solar-heated pool, and inclusion of appliances, furnishings, and equipment. Non-restrictive permits and flexible property configuration provide opportunities for a variety of future uses, subject to buyer due diligence and approvals.Whether envisioned as a private multi-generational family compound, retreat centre, event venue, or hospitality investment, this is a truly unique waterfront opportunity with exceptional potential. Being sold in "as is, where is" condition. Serious inquiries only. Book your private tour today and explore the possibilities. (id:66096)
Property Details
- MLS®
- X13490270
- Property Type
- Business
- Zoning
- CR
- Bedrooms
- 12
- Bathrooms
- 6
- Parking
- 20
- Interior Size
- 1,201 ft²
- Frontage
- 228 ft
- Building Area
- 1,201 ft²
- Heating
- Radiant heat
- Cooling
- None
- Property Tax
- $7,382/yr
- Listed
- 131 days ago
Features
- Lot Features
- Irregular lot size
Services
- Water
- Drilled Well
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 131 days on market, against an average age of 105 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 60 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 12-bed business in Lanark Highlands is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0A)
This home lists at $999,000, about 8.7× the local median household income of $115,000.
Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 70% above the area median.
- Median household income
- $115,000
- Population
- 111,626
- Median age
- 44
- Owner / renter
- 87% / 13%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA K0A)
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$999,000
Lanark Highlands