89A Lake Lapinskie Lane, Madawaska Valley, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 570 - Madawaska Valley. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 254 x 199.34 ft lot
- 4.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- equipped with other central cooling and highly efficient other heating via other
Description
Set on a 1.5-acre lot with 254 feet of waterfront on picturesque Lepenski Lake, this well-maintained 3-season cottage is ready for new owners to start making lasting memories. Shared by only 9 property owners with no public access, Lepenski Lake offers a quiet and private setting with excellent swimming and a clean, gradual-entry shoreline perfect for spending time in the water. Ideal for canoeing, kayaking, paddleboarding, and exceptional bass fishing, this peaceful waterfront retreat offers something for everyone to enjoy, while the northwest-facing shoreline provides gorgeous sunset views to cap off each day at the lake.The beautifully maintained property features a gently sloping shoreline, mature trees, open green space, and a level, usable yard that feels tailor-made for campfires, lawn games, and relaxing summer days by the water. Lovingly maintained by the same owner for years, the charming cottage offers a warm and welcoming feel with a spacious kitchen, open-concept living and dining area, 3 bedrooms, and a full bathroom. Large windows fill the space with natural light while framing peaceful lake views, and the expansive wraparound deck-including an impressive 8x40 lake-facing section-creates the perfect place for morning coffee, family BBQs, or unwinding with sunset views after a day on the lake.A dock is ready for endless summer enjoyment, while the 12x16 shed provides excellent storage for tools and water toys. Conveniently located just 15 minutes to Combermere and 25 minutes to Barry's Bay, this is cottage living at its best. Estate sale being sold "AS IS". Minimum 24 hour irrevocable on all offers.
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Primary Bedroom - Main Floor
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 89A Lake Lapinskie Lane, Madawaska Valley, ON K0J 2N0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Madawaska Valley, ON
For a property listed at $499,000 in Madawaska Valley, the legal minimum down payment is $24,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,455 for this transaction. As this listing is in Madawaska Valley (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.