488 MACDONALD ROAD, Oakville (OO Old Oakville)

$4,999,000

For sale: Detached

Detached at 488 MACDONALD ROAD, Oakville (OO Old Oakville)
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 5 bathrooms
Living area
5,000 sqft
MLS®
MLS® W13524820
Neighbourhood
1013 - OO Old Oakville

Grand Grounds. Timeless Elegance. Extraordinary Potential.An exceptional opportunity in one of Olde Oakville's most prestigious neighbourhoods. Tucked behind private gates and nestled beneath a magnificent canopy of mature trees, this beautifully landscaped and increasingly rare 0.82-acre estate offers over 7,100 square feet of living space in an irreplaceable setting just moments from Downtown Oakville.Approached by a sweeping circular drive, the timeless brick residence immediately impresses with its classic Colonial Williamsburg-inspired architecture, elegant symmetry, and commanding presence. Beyond the front entrance, peaceful views of the private pond and lush landscape create a tranquil, park-like retreat rarely found in such a coveted urban location.Custom built in 1980, this stately four-bedroom residence offers an extraordinary opportunity to reimagine an exceptional property. Offered in "as is" condition, the home presents the perfect canvas for those looking to undertake a significant renovation, thoughtfully restore its timeless character, or explore the opportunity to create a magnificent custom estate (subject to all necessary approvals). Whether preserving its enduring architectural charm or designing an entirely new vision, the possibilities are truly exceptional.The expansive grounds provide an incredible backdrop for family living, entertaining, and creating lasting memories for generations to come. Properties offering this rare combination of land, privacy, scale, and location are becoming increasingly difficult to find.Ideally situated within one of Oakville's most sought-after school districts and just a short walk to Downtown Oakville, the Oakville GO Station, public and private schools, Post Park, Whole Foods, Longo's, boutique shopping, restaurants, and the lakefront, this is more than an exceptional property-it is a rare opportunity to create a legacy estate in one of Olde Oakville's most coveted locations.

Sold data

Detached homes in Oakville (OO Old Oakville) — recent sold market

Detached homes in Oakville (OO Old Oakville) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 50, across 349 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 64 days.

The median sale price was $1,699,000.

Homes sold for about 4.4% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$1,699,000
Sale-to-list ratio
95.6%
Sold above asking
11%

Based on 349 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Oakville (OO Old Oakville)

Oakville (OO Old Oakville) has 56 Fraser Institute–rated schools (45 elementary and 11 secondary), averaging 7.8/10.

Rated schools
56
Elementary
45
Secondary
11
Average rating
7.8 / 10

Top-rated schools in Oakville (OO Old Oakville)

  • Alfajrul Bassemelementary, OakvilleFraser rating 10.0/10
  • Forest Trailelementary, OakvilleFraser rating 10.0/10
  • Pilgrim Woodelementary, OakvilleFraser rating 9.7/10
  • E J Jameselementary, OakvilleFraser rating 9.6/10
  • New Centralelementary, OakvilleFraser rating 9.6/10
  • du Chêneelementary, OakvilleFraser rating 9.4/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 488 MACDONALD ROAD