Grand Grounds. Timeless Elegance. Extraordinary Potential.An exceptional opportunity in one of Olde Oakville's most prestigious neighbourhoods. Tucked behind private gates and nestled beneath a magnificent canopy of mature trees, this beautifully landscaped and increasingly rare 0.82-acre estate offers over 7,100 square feet of living space in an irreplaceable setting just moments from Downtown Oakville.Approached by a sweeping circular drive, the timeless brick residence immediately impresses with its classic Colonial Williamsburg-inspired architecture, elegant symmetry, and commanding presence. Beyond the front entrance, peaceful views of the private pond and lush landscape create a tranquil, park-like retreat rarely found in such a coveted urban location.Custom built in 1980, this stately four-bedroom residence offers an extraordinary opportunity to reimagine an exceptional property. Offered in "as is" condition, the home presents the perfect canvas for those looking to undertake a significant renovation, thoughtfully restore its timeless character, or explore the opportunity to create a magnificent custom estate (subject to all necessary approvals). Whether preserving its enduring architectural charm or designing an entirely new vision, the possibilities are truly exceptional.The expansive grounds provide an incredible backdrop for family living, entertaining, and creating lasting memories for generations to come. Properties offering this rare combination of land, privacy, scale, and location are becoming increasingly difficult to find.Ideally situated within one of Oakville's most sought-after school districts and just a short walk to Downtown Oakville, the Oakville GO Station, public and private schools, Post Park, Whole Foods, Longo's, boutique shopping, restaurants, and the lakefront, this is more than an exceptional property-it is a rare opportunity to create a legacy estate in one of Olde Oakville's most coveted locations.
Address
488 Macdonald Road
List Price
$4,999,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Oakville
Sub-Area
1013 - OO Old Oakville
Region
Halton
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
17
Rooms Below Grade
7
Bathrooms
5
Floor Area
3500-5000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
270.93
Lot Shape
Other
Lot Size Units
Feet
Lot Width
148.25
Parcel Number
248100093
Parcel of Tied Land
No
Occupant Type
Owner
Cross Street
Balsam and MacDonald
Approx. Age
31 - 50 Years
MLS® Number
W13524820
Listing Brokerage
RE/MAX Escarpment Realty Inc., Brokerage
Basement Area
Full, Finished
Postal Code
L6J 2B9
Posession Details
Flexible
Parking
Circular Drive, Private
Parking Places (Total)
13
Parking Spaces
10
Tax Amount
$23,316.31
Tax Year
2026
Interior Features
Other
Central Vacuum
No
Family Room
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Oakville, Milton & District Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
South
Fireplace
Yes
Foundation Details
Block
Garage
Yes
Garage Type
Attached
Covered Spaces
3
Kitchens Total
1
Kitchens Above Grade
1
Other Structures
Garden Shed
Pool Features
None
Roof
Cedar
Tax Legal Description
LT 59, PL 1009 ; OAKVILLE 148.25 ft x 124.51 ft x 27.75 ft x 144.68 ft x 119.62 ft x 270.93
Topography
Level, Wooded/Treed
View Type
Trees/Woods
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Foyer | 5.18 x 4.04 | |
| Main | Living Room | 8.59 x 4.62 | |
| Main | Dining Room | 4.6 x 3.86 | |
| Main | Kitchen | 4.6 x 3.78 | |
| Main | Family Room | 5.44 x 4.37 | |
| Main | Sunroom | 4.45 x 4.04 | |
| Main | Office | 2.9 x 1.91 | |
| Main | Laundry | 3.61 x 2.9 | |
| Main | Bathroom | 2 Pc Bath | |
| Main | Bathroom | 3 Pc Bath | |
| Second | Primary Bedroom | 4.62 x 3.76 | Walk-In Closet(s) |
| Second | Sitting | 4.62 x 2.31 | |
| Second | Bathroom | 3 Pc Ensuite | |
| Second | Bedroom | 4.57 x 3.86 | |
| Second | Bedroom | 4.57 x 3.89 | |
| Second | Bedroom | 4.42 x 4.04 | |
| Second | Bathroom | 5 Pc Bath | |
| Basement | Recreation | 8.46 x 4.42 | |
| Basement | Office | 5.23 x 4.52 | |
| Basement | Play | 4.09 x 3.89 | |
| Basement | Other | 5.08 x 4.37 | |
| Basement | Game Room | 5.31 x 4.09 | |
| Basement | Workshop | 5.38 x 5.28 | |
| Basement | Bathroom | 2 Pc Bath | |
| Basement | Utility Room |