$2,490,000
Lanark Highlands
639 Loney Lake Road, Lanark Highlands, Ontario, K0A3L0
This 3-bedroom, 5-bathroom home in Lanark Highlands is for sale.
A rare and remarkable 318-acre waterfront estate offering over 1,000 feet of pristine shoreline and endless possibilities for those seeking space, privacy, and opportunity. This extraordinary legacy property blends natural beauty, history, and versatility, creating a setting unlike anything else on the market. Whether you envision a private ranch, working horse hobby farm, lakeside retreat, or unique business venture, the potential here is truly limitless. At the heart of the property sits a custom built ICF bungalow lakehouse, thoughtfully positioned to take full advantage of the stunning waterfront views and peaceful surroundings. The home offers a warm and welcoming atmosphere, where nature becomes part of everyday living. Enjoy tranquil mornings on the water, sunset views across the lake, and fishing in this serene setting that feels miles away from it all. Beyond the main residence, the property features several outbuildings rich with character and opportunity. A historic building that once served as a legendary dance hall and summer camp gathering space now offers a large open area with 400-amp power and hookups for a commercial kitchen and multiple bathrooms, making it ideal for events, retreats, or a future hospitality venture .A charming one bedroom cottage overlooking the water provides a perfect space for visiting family and friends or potential guest accommodation and income opportunities. Equestrian enthusiasts will appreciate the barn with four standing stalls, two box stalls, tack room, hay loft, and drive shed, offering excellent infrastructure for horses or hobby farm operations. With expansive acreage, beautiful waterfront, and a collection of versatile buildings, this truly is a once-in-a-lifetime opportunity to own a generational property where lifestyle, recreation, and vision come together. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 187 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 3-bed single family in Lanark Highlands 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 $2,490,000, about 21.7× the local median household income of $115,000.
Carrying it typically needs a household income of about $486,384 (20% down, 25-yr amortization, stress-tested) — roughly 323% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0A)
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Loading rates, 30-yr amortization
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