534 SCHOOL HOUSE LANE, Greater Madawaska

$474,900

For sale: Detached

Detached at 534 SCHOOL HOUSE LANE, Greater Madawaska
Property type
Detached
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
1,100 sqft
MLS®
MLS® X13774376
Neighbourhood
542 - Greater Madawaska

Your waterfront retreat awaits on the pristine shores of Centennial Lake. Nestled along a quiet stretch of the Madawaska River, this charming bungalow offers unobstructed water views, a sandy beach, a gentle walk-in shoreline, and deep, crystal-clear swimming off the end of the dock-creating the perfect setting for boating, fishing, swimming, and making lifelong family memories. Lovingly maintained by the same owners for over 40 years, this special property has been cared for with pride and is ready for its next chapter. A welcoming front porch leads into the bright open-concept living, dining, and kitchen area, where soaring ceilings and a charming cast-iron wood stove create a warm and inviting atmosphere. The kitchen offers ample cabinetry and a cozy dining area, perfect for gathering after a day on the water. The home features two spacious bedrooms and a full three-piece bathroom. The true centerpiece of the property is the stunning waterfront great room, complete with a wood-burning fireplace and panoramic lake views. Whether you're entertaining family and friends, enjoying a quiet morning coffee, or unwinding with a good book, this space is designed to showcase the beauty of the waterfront from every angle. Outside, you'll find a generous storage shed with future bunkie potential, a well-maintained outhouse for added convenience when hosting guests, and endless opportunities to enjoy the outdoors. Serviced by a well and septic system, the property is well-suited for year-round living and offers excellent cell reception, allowing you to stay connected while embracing cottage life. Ideally located just 30 minutes from Calabogie Peaks Ski Resort and within easy reach of both Ottawa and Toronto, this waterfront gem offers the perfect balance of recreation, relaxation, and accessibility. Whether you're searching for a year-round residence, a family cottage, or a peaceful escape from the city, this is a rare opportunity to experience lake life at its finest.

Sold data

Detached homes in Greater Madawaska — recent sold market

Detached homes in Greater Madawaska took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 72, across 45 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 69 days.

The median sale price was $639,900.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 2% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
38
Median sale price
$639,900
Sale-to-list ratio
96.2%
Sold above asking
2%

Based on 45 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 534 SCHOOL HOUSE LANE