For Sale

42 Penny Lane, Rideau Lakes, Ontario K0G 1V0

$1,900,000

42 Penny Lane, Rideau Lakes, Ontario K0G 1V0 is For Sale and has a listing price of 1,900,000. The property is located in the Rideau Lakes . It's been on the website for 1 Day.

  • Detached
    Property Type
  • 6
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12245256
  • Office Name ROYAL LEPAGE TEAM REALTY
Property Description

Welcome to an extraordinary waterfront estate nestled on Upper Rideau Lake on the historic Rideau Canal System. Set on 4.17 acres of pristine forest, open meadow, and professionally landscaped grounds, this rare offering features over 350ft of private, natural shoreline with deep, crystal-clear water; perfect for swimming, diving, and dockside relaxation, with depths of over 12ft at the end of the dock. Take in sweeping panoramic views across the main channel toward the village of Westport, with no neighbours visible from the home or dock; offering complete peace and privacy. Coveted western exposure delivers spectacular sunsets, best enjoyed from the expansive covered deck or while relaxing by the water’s edge. Off the covered deck, a fantastic three-season room provides a cozy, protected space to enjoy the sights and sounds of nature, rain or shine. The main home and private guest suites together offer 6 spacious bedrooms and 3 full bathrooms, ideal for hosting extended family, guests, or accommodating multigenerational living. The open-concept layout of the main residence features over 1,700sf of beautifully appointed main-floor living space. The chefs kitchen is designed for entertaining, with granite countertops, ample cabinetry, a gas cooktop, and a charming breakfast nook. The primary suite is a serene retreat with a renovated 3pc ensuite and custom closet cabinetry. The lakeview bunkie above the garage adds 900sf of additional space, complete with two bedrooms, ample room for guests, and a private deck with breathtaking views of the lake. Enjoy making your own maple syrup and creating unforgettable family memories in your very own charming sugar shack.Enjoy the bonus features that include a detached 3-car garage (2 bays insulated and heated), wood storage, studio, lush gardens, and walking trails. Just a quick boat ride to Westport; enjoy boutique shopping, restaurants, cozy cafés, and a vibrant live music scene. This is waterfront living at its finest!

Property Details
  • Bedrooms: 6
  • MLS ID: X12245256
  • Bathrooms: 3
  • Price: $1,900,000
  • Lot Depth: 714.7
  • Transaction Types: For Sale
  • Ref ID: X12245256
  • View: Mountain View
  • Year Built: N/A
  • Approx Sqft: 2000-2500
  • Dir / Cross St: HWY 42 TO LITTLE RIDEAU ROAD. FOLLOW TO PENNY LANE. 1ST HOUSE ON THE LEFT.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
06/25/2025 X12245256 $1,900,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Rideau Lakes
  • $656,978 Average List Price
    based on 1 year
  • 2 New Listings
    based on 30 days
  • 78 Median Days on Market
    based on 1 year
  • List vs. Selling Price 51.95 % Up
  • Sold (12mo) 54
  • Rented (12mo) 0

  • 1 Month Change -1.0%
  • 3 Month Change +3.3%
  • 6 Month Change +7.8%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Bungaloft
  • Washroom Type1: 2
  • Garage Type Detached
  • Parking Spaces: 20
  • Exterior Wood
  • Kitchen Y
  • Fireplace Y
  • Parking Y
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $9,202
  • Last Status New
  • Original Price: $1,900,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 25/06/2025 19:03:22
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