424 LAKEWOODS Drive, Madawaska Valley, ON K0J 1B0
570 - Madawaska Valley, Madawaska Valley · Near Skead · View map
About this home
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.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 10
- Basement
- Full, Unfinished, Walk-Out
- Lot size
- 196.6 x 485.9 ft
- Faces
- North
- View
- Lake
- Approximate age
- 6-15 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Wood, Board & Batten
Heating & cooling
- Heating fuel
- Propane
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 4
- Total parking
- 5
Taxes & other
- Property taxes
- $4,034/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- TBD
- Cross street
- Skead
- Neighbourhood
- 570 - Madawaska Valley
More
- Price per sq ft
- ~$922 (at 1,300 sq ft)
- Listed
- Jun 5, 2026 · 129 days ago
- MLS® number
- X13247072
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The home and its surroundings
- Water Heater Owned
- Air Exchanger
- Primary Bedroom - Main Floor
- Waterfront
- Wooded/Treed
- Deck
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
424 LAKEWOODS Drive, Madawaska Valley, ON K0J 1B0
570 - Madawaska Valley, Madawaska Valley · Near Skead
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Listing history for 424 LAKEWOODS Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 424 LAKEWOODS Drive
Answers come straight from this home’s MLS® listing.
How much is 424 LAKEWOODS Drive listed for, and what would it cost each month?
424 LAKEWOODS Drive is listed for $1,199,000. With 20% down ($239,800), the mortgage payment would be roughly $4,836 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,173 a month, all in. That figure is an illustration, not a quote.
Is 424 LAKEWOODS Drive freehold or a condo, and is there a monthly fee?
424 LAKEWOODS Drive is a bungalow in 570 - Madawaska Valley, Madawaska Valley. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 424 LAKEWOODS Drive have?
424 LAKEWOODS Drive has 2 bedrooms and 2 bathrooms.
Does 424 LAKEWOODS Drive have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 4 spaces. In total the listing counts 5 parking spaces.
Does 424 LAKEWOODS Drive have a finished basement?
The listing describes the basement as full, unfinished, walk-out. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 424 LAKEWOODS Drive?
424 LAKEWOODS Drive is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 424 LAKEWOODS Drive, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 196.6 x 485.9 ft.
How is 424 LAKEWOODS Drive heated and cooled?
Heating is forced air (propane). Cooling is central air.
What are the property taxes for 424 LAKEWOODS Drive?
Property taxes are $4,034 a year (2026), or about $336 a month.
Where is 424 LAKEWOODS Drive?
424 LAKEWOODS Drive is in the 570 - Madawaska Valley community of Madawaska Valley. The nearest main intersection is Skead. The postal code is K0J 1B0.
How long has 424 LAKEWOODS Drive been on the market?
424 LAKEWOODS Drive was listed on June 5, 2026. It has been on the market for 129 days. It is an active listing (MLS® X13247072). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 424 LAKEWOODS Drive asking?
Similar bungalow-style homes for sale nearby right now include 697 Curtiss Road at $1,100,000 (2 bed), 42153 Combermere Road at $989,900 (3 bed) and 42195 Combermere Road at $929,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 424 LAKEWOODS Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 424 LAKEWOODS Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near 570 - Madawaska Valley, picked by style, size and price.
Bungalow$1,100,000697 Curtiss Road, Madawaska Valley2 bed · 2 bath · 570 - Madawaska ValleyCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Bungalow$989,90042153 Combermere Road, Madawaska Valley3 bed · 2 bath · 570 - Madawaska ValleyCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Bungalow$929,00042195 Combermere Road, Madawaska Valley3 bed · 2 bath · 570 - Madawaska ValleyCourtesy of: EXP REALTYView home →Courtesy of: GRAPE VINE REALTY INC.
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.