488 Macdonald Road, Oakville
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. (id:1945)
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Property details for 488 Macdonald Road, Oakville
- Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 5
- Lot Size
- 148.3 x 270.9 FT
- Stories
- 2
- Basement
- Finished, Full
- Parking
- Attached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick
- Ownership
- Freehold
- Annual Taxes
- $23,316 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 488 Macdonald Road
Active Listings
10
Min Price
$2,425,000
Max Price
$4,999,000
Avg Price
$3,674,900
Days on Market
60
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Oakville, Ontario
Population
509
Median Age
49.2
Median Income
$79,104
Dwelling Value
$2,005,546
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.1
Pop. Density: 1,248.5/km²
Avg Shelter Cost: $2,299/mo
Owners with Mortgage: 25%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 0%
English only: 78.4%
English and French: 21.6%
Neither: 1%
Median Household Income: $312,320
Median Employment Income: $44,416
Price History
Listed
July 5, 2026
by RE/MAX Escarpment Realty Inc., Brokerage
Current Price
$4,999,000
Type
Residential
For Sale