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488 Macdonald Rd
Oakville, ON L6J 2B9
488 Macdonald Rd, Oakville — Listed at $4,999,000. 4 bedroom, 5 bathroom 2-Storey. MLS® W13524820.
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Description
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.
Property Details
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Listing Courtesy of: RE/MAX Escarpment Realty Inc., Brokerage
MLS® #W13524820


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HouseIndex Take: 488 Macdonald Road
This detached (2-Storey) is located in the 1013 - OO Old Oakville neighbourhood of Oakville.
The home offers 4 bedrooms, 5 bathrooms.
Features include a full, finished basement, 13 parking spaces including a 3-car garage, a fireplace.
Additional details: lot dimensions of 148.25 × 270.93 feet.
Listed at $4,999,000 CAD with annual property taxes of $23,316.31 (2026).
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About Oakville Real Estate
This Detached is located in the 1013 - OO Old Oakville community in Oakville. Oakville is an affluent lakefront town in Halton Region known for heritage estates in Old Oakville, a thriving downtown core along Lakeshore Road, and excellent schools. The QEW provides quick access to Toronto and Hamilton, while the Oakville GO station offers 30-minute service to Union. It consistently ranks among Canada's best places to live. Detached homes in Oakville are in high demand among families seeking space, privacy, and long-term equity growth.