1 Butterfield Island, Rideau Lakes - Single Family for Sale
1 Butterfield Island, Rideau Lakes, Ontario, K0G1L0
2 beds1 bath0 parking900 ft²253 × 1161 ft (6.74 acres) lot sizeListed 17 days ago
Overview
This 2-bedroom, 1-bathroom home in Rideau Lakes is for sale offering roughly 900 sq ft of space. Listed at $550,000, it is attractively priced about 15% below the $649,000 median asking price in Rideau Lakes. It has been on the market 17 days, fresher than the Rideau Lakes average of 129 days.
360 Degrees of Waterfront Paradise! If you've ever dreamed of owning your own private island, this is your chance! Welcome to Butterfield Island, a spectacular 9.4 acre retreat offering privacy, natural beauty and endless potential. Just 10 minutes beyond Smiths Falls and a scenic 5-minute canoe ride from the mainland, this is the ultimate waterfront escape with the luxury of hydro! To the east, enjoy access to the public dock and access to a private piece of mainland for parking & access to lake. To the west, breathtaking sunsets, stunning lake views and gradual, rocky, weed-free waterfront create the perfect setting for swimming and relaxing. The island features multiple cottages and outbuildings, each with its own charm. The adorable, sturdy log cottage offers an open-concept kitchen and living area with a cozy upper loft featuring 2 beds. Perched near the island's highest point, the yellow cottage captures incredible lake views through wall-to-wall windows. While some repairs are needed, it features a kitchen, woodstove, bedroom and 3-piece bathroom. A third cottage would need renovations or demolishing. A steel Quonset building provides excellent year-round storage for boats, tools and equipment, while a tucked-away outhouse is ideal for guests and camping weekends. With cottages thoughtfully spaced apart, there's plenty of room for everyone to enjoy their own private escape, along with exciting potential for rental opportunities. Explore over 4 acres of beautiful forest and trails, featuring a stunning mix of elevated rocky outcrops, dense woodland and peaceful clearings. Wildlife is abundant, with frequent sightings of bald eagles and loons. All furniture and contents included with the exception of a few items. Whether you envision a private family retreat, a gathering place for generations or a unique waterfront investment, Butterfield Island is a rare opportunity to own something truly special. Nine acres, endless shoreline and unforgettable sunsets. (id:66096)
Property Details
MLS®
X14091884
Property Type
Single Family
Bedrooms
2
Beds (above / below)
2 above · 0 below
Bathrooms
1
Parking
0
Interior Size
900 ft²
Lot Size
253 × 1161 ft (6.74 acres)
Frontage
253 ft
Storeys
1
Basement
Crawl space
Heating
Wood, Other
Cooling
None
Garage
No Garage
Fireplace
Yes
Waterfront
Yes
Ownership
Freehold
Property Tax
Features
Foundation
Block
Exterior
Log
Lot Features
Wooded area, Irregular lot size
Services
Sewer
Septic System
Utilities
Electricity, Electricity Connected
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
17d
Rideau Lakes listings, avg age
129d
Price / ft²
$611
List price
$550K
Active: 17 days on market, against an average age of 129 days across the listings currently for sale in this city
Market timing · days on market0 → 129d avg age of current listings
Active · day 17
Homes here sell below asking price
Homes in this market sold for an average of 94.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
Haho
This 2-bed single family in Rideau Lakes has been listed for 17 days, which is 112 days fresher than the city average of 129. Act while there is still low competition.
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