1 BUTTERFIELD ISLAND, Rideau Lakes

$550,000

For sale: Detached

Detached at 1 BUTTERFIELD ISLAND, Rideau Lakes
Property type
Detached
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
1,100 sqft
MLS®
MLS® X14091884
Neighbourhood
820 - Rideau Lakes (South Elmsley) Twp

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 your own shared private piece of mainland for parking and docking. 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.

Sold data

Homes in Rideau Lakes South Elmsley Twp — recent sold market

Homes in Rideau Lakes South Elmsley Twp took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 70, across 64 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 62 days.

The median sale price was $539,000.

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

About 3% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
41
Median sale price
$539,000
Sale-to-list ratio
96.4%
Sold above asking
3%

Based on 64 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 1 BUTTERFIELD ISLAND