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424 LAKEWOODS Drive

424 LAKEWOODS Drive

Madawaska Valley, ON

2 bed • 2 bath • approx. 1100-1500 sqft • Detached • 83 days on market

$1,199,000Price reduced 5%

Turnkey waterfront luxury on Bark Lake - short-term rental friendly investment. Escape to the pristine shores of Bark Lake or step into a highly lucrative turnkey investment at 424 Lakewoods Drive. This premium 2-bedroom, 2-bathroom luxury bungalow was custom-built in 2017 and sits in one of Barry's Bay's most exclusive lakeside enclaves. Perfectly blending upscale modern living with the rugged, high-demand tourist appeal of the Madawaska Valley, this property is primed for immediate enjoyment or income generation. Inside, the expansive open-concept living space is defined by soaring cathedral ceilings and large windows that flood the home with natural light while framing breathtaking panoramic views of the water. The premium finishes, clean lines, and meticulous craftsmanship create a sophisticated, resort-like atmosphere optimized for effortless main-floor living, featuring a stunning master suite that flows beautifully out to a large lakeside deck. The full, bright walk-out basement featuring high ceilings, massive lakeside windows, and a direct separate walk-out entrance to the yard, this space is rough-in ready to be converted into an additional bedroom, a large recreation room, or a private guest suite. Enjoy deep, crystal-clear water, excellent walleye, lake trout and bass fishing, and spectacular, uninterrupted sunsets from your private dock.

Listing Details

Taxes (2026)
$4,034
Originally Listed
$1,265,000
Listed
June 5, 2026

Price History

Listing history

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Property

Style
Bungalow
Age
6-15
Construction
Wood, Board & Batten
Roof
Asphalt Shingle
Foundation
Block
Interior
Water Heater Owned, Air Exchanger, Primary Bedroom - Main Floor
Lot Size
196.59 x 485.91 Feet

Utilities

Water
Drilled Well
Sewer
Septic
Heat Source
Propane

Location & Legal

Cross Street
Skead
Zoning
Residential
Parcel Number
575590067
Possession
Flexible

Commercial

Occupancy
Vacant

Included

Inclusions
Stove, Microwave/Hood Fan, Dryer, Washer, Refrigerator, air exchanger, window blinds
Rental Items
Propane tanks

Waterfront

Water Body
Bark Lake
Shoreline
Clean, Sandy
Docking
Private

Community

Postal area K0J

Population
34,322
Private dwellings
19,885
Median age
52.4
Average household size
2.3
Median household income
$76,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Madawaska Valley · last 12 months

Median sold price
$370,000
Homes sold
84
Median days on market
61
Sale-to-list price
92.6%

Based on 84 recorded sales of residential freehold properties in Madawaska Valley over the last 12 months.

Rooms

4-piece, 3-piece

Main

  • Bathroom5'2" x 7'
  • Bathroom4'5" x 12'
  • Bedroom11'6" x 10'3"
  • Dining Room9' x 9'
  • Foyer5'3" x 10'3"
  • Kitchen11' x 15'
  • Laundry6' x 9'3"
  • Living Room15'10" x 16'
  • Other4'7" x 5'7"
  • Primary Bedroom12'8" x 16'

Listed by

GRAPE VINE REALTY INC.

Location

Mortgage Calculator

$239,800

Estimated Monthly Payment

$5,890

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,890/mo (20% down, 5.5%)

Taxes: $336/mo · Insurance: $300/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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