For Sale

202 Spectacle Lake Road, Madawaska Valley, Ontario K0J 1B0

$1,595,000

202 Spectacle Lake Road, Madawaska Valley, Ontario K0J 1B0 is For Sale and has a listing price of 1,595,000. The property is located in the Madawaska Valley neighbourhood . It's been on the website for 8 Days.

  • Investment
    Property Type
  • MLS ID: X12347945
  • Office Name EXP REALTY
Property Description

A Rare Four-Season Opportunity on Spectacle Lake This beautiful, well-established resort offers the perfect blend of natural beauty, recreational amenities, and income potential. Featuring 9 charming waterfront cottages, 6 comfortable main lodge rooms, and a spacious owners suite with panoramic lake views, the property is designed for both hospitality and lifestyle.The licensed restaurant and bar seats 120 indoors, with an additional 48 guests accommodated on the lakefront patio ideal for weddings, events, and year-round dining. A modern, fully equipped commercial kitchen ensures smooth operations and supports future growth in both on-site and catered service.Set on over 700 feet of pristine lakefront with a soft sandy beach, the resort also offers direct access to 50 km of scenic trails for hiking, biking, snowmobiling, and cross-country skiing. Guests can enjoy swimming, fishing, paddling, and spectacular sunsets right from the shore.This property is not only a thriving hospitality business but also an exciting growth and redevelopment opportunity whether expanding operations, enhancing event offerings, or transforming it into an exclusive private retreat or family compound.Located within easy reach of major highways and regional attractions, this turnkey operation is ready for its next chapter under visionary new ownership.

Property Details
  • MLS ID: X12347945
  • Price: $1,595,000
  • Lot Depth: 476
  • Transaction Types: For Sale
  • Ref ID: X12347945
  • Year Built: N/A
  • Dir / Cross St: Hwy#60 and Spectacle Lake Rd
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 31-50
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
08/15/2025 X12347945 $1,595,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Madawaska Valley
  • $673,893 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 104 Median Days on Market
    based on 1 year
  • List vs. Selling Price 106.25 % Up
  • Sold (12mo) 12
  • Rented (12mo) 0

  • 1 Month Change +10.6%
  • 3 Month Change +9.4%
  • 6 Month Change -7.5%
Walkscore
  • 22 Walk Score
    Car-Dependent
  • 23 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Propane Gas
  • Garage Type Other
  • Taxes: $16,722
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 15/08/2025 21:56:29
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