$359,000
Madawaska Valley
10A Mcmaster Lake Lane, Madawaska Valley, Ontario, K0J1B0
This 3-bedroom, 1-bathroom home in Madawaska Valley is for sale offering roughly 1,300 sq ft of space. Listed at $359,000, it is attractively priced about 39% below the $588,000 median asking price in Madawaska Valley. It has been on the market 76 days, fresher than the Madawaska Valley average of 181 days.
Dive into an incredible waterfront opportunity on highly sought-after McMaster Lake, where properties rarely hit the market! This solid brick bungalow with a durable metal roof is nestled on a sprawling 1.15-acre lot, offering a phenomenal canvas for your renovation dreams. One of the crown jewels of this property is the expansive, gently sloping landscape that leads effortlessly down to 73 feet of pristine water frontage, putting premium fishing and water activities right at your doorstep alongside a uniquely wide, easily accessible path right down to the lake. For added privacy, you only have neighbors on one side, as an unopened road allowance borders the other. Inside, the home boasts a spacious footprint with three generous bedrooms, a large bathroom, living and family rooms with a full basement and massive storage capacity to keep life organized. Car enthusiasts, hobbyists, and outdoor adventurers will fall in love with the detached need of TLC, oversized two-bay workshop featuring a cozy woodstove, alongside an attached garage and a collection of numerous outbuildings. There is even a charming detached structure primed for conversion into a private guest cottage or bunkhouse. Located just a short drive from the vibrant heart of Barry's Bay, you can enjoy absolute lakeside tranquility without sacrificing proximity to cozy cafes, local shops, daily amenities, and the peace of mind of having a local hospital nearby. Bring your vision, roll up your sleeves, and transform this structural gem into the ultimate four-season retreat! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 76 days on market, against an average age of 181 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 79 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 92.5 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 Madawaska Valley has been listed for 76 days, which is 105 days fresher than the city average of 181. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $359,000, about 4.7× the local median household income of $76,000.
Carrying it typically needs a household income of about $70,125 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K0J)
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