$2,999,000
Greater Madawaska
541 Morglan Lane, Greater Madawaska, Ontario, K0J1H0
This 5-bedroom, 4-bathroom home in Greater Madawaska is for sale.
Welcome to 541 Morglan Lane with 935 feet of the most coveted shoreline on Calabogie Lake. Tucked into a quiet, protected bay and wrapped around a gentle point, this unique 6-acre waterfront estate (two parcels) offers something increasingly rare - true privacy on a lake known for its four-season lifestyle. Located minutes from Calabogie Peaks, championship golf, the motorsport park, and a network of trails, this location is one of the region's most active communities. A long, winding laneway sets the tone before you even arrive. At the end, you'll find breathtaking views of Calabogie Lake. It features a main home built in 2007 with 3 bedrooms and 3 baths, plus a bonus second staircase leading to a separate family room for a quiet space. It is positioned to capture sweeping lake views, enjoy your morning coffee under the covered porch. In addition to the main home, there is a fully separate second home with its own kitchen and bath, ideal for extended family, guests, or future rental income. Septic and well are shared between the two. The shoreline curves enough to give you multiple vantage points, from the sunrise over the water from one side to a backlit sunset from the other. The waterfront offers a sandy entry, making swimming with kids or wading in with your morning coffee truly special. Known for its calm waters, fantastic fishing, and clean swimming, you will love the advantages of this spectacular property. Whether your vision is to renovate and refine what's here, build new, or simply move in and start making memories on the water, 541 Morglan Lane gives you the canvas. Opportunities like this on Calabogie Lake don't repeat themselves. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 132 days on market, against an average age of 96 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 68 days on the market over the past year, against a median of 48 days across the markets we publish.
This 5-bed single family in Greater Madawaska is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,999,000, about 39.5× the local median household income of $76,000.
Carrying it typically needs a household income of about $585,810 (20% down, 25-yr amortization, stress-tested) — roughly 671% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0J)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.