1779 CENTENNIAL LAKE ROAD, Greater Madawaska

$474,999

For sale: Detached

Detached at 1779 CENTENNIAL LAKE ROAD, Greater Madawaska
Property type
Detached
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
699 sqft
MLS®
MLS® X13846294
Neighbourhood
542 - Greater Madawaska

Discover a rare opportunity on the shores of beautiful Black Donald Lake. Set on just over an acre with 455 feet of south-facing waterfront, this private retreat offers the perfect blend of peaceful cottage living today and exceptional future potential. Tucked away in a quiet bay and surrounded by crown land for optimal privacy, the property is perfectly positioned directly off Centennial Lake Road providing easy year round access for your enjoyment through all 4 seasons.The shoreline offers approximately 5 feet of depth off the dock, before dropping off quickly, making it ideal for swimming, boating, and enjoying everything Black Donald lake (and connecting Centennial Lake) has to offer.The charming four-season cottage with 300ft deep well and septic is full of rustic character and provides an inviting escape from city life. Whether you are unwinding beneath the stars in the outdoor hot-tub, toasting marshmallows by the fire pit, gathering on the expansive deck or relaxing indoors, every space has been designed to embrace the natural surroundings. An outdoor shower adds to the cottage experience, while the generous waterfront setting provides endless opportunities for entertaining, paddling, fishing, and making lasting family memories.The property has generated approximately $12,000 annually (June - Nov) as a short-term rental while only being rented on weekdays, to allow the current owners to enjoy family cottage weekends - offering excellent income potential for future owners and an easy turnkey solution with all furniture included. Located approximately 20 minutes from the amenities and recreation of Calabogie, including; skiing, golf, hiking and dining, this property offers the best of peaceful waterfront living with convenient access to modern comforts and amenities. Whether you're looking for a turnkey retreat, an income-producing property, or the perfect location to build your dream waterfront home, opportunities like this are exceptionally rare. ** This is a linked property.**

Sold data

Detached homes in Greater Madawaska — recent sold market

Detached homes in Greater Madawaska took a median of 44 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 78, across 46 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 74 days.

The median sale price was $639,450.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 2% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
44
Median sale price
$639,450
Sale-to-list ratio
96.4%
Sold above asking
2%

Based on 46 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 1779 CENTENNIAL LAKE ROAD