Welcome to 324-326 Black Bass Bay, a stunning 4.5-acre, waterfront property, offering endless swimmable shoreline and panoramic views of beautiful Mississippi Lake. This estate would make the perfect family compound, investment property, development property, hobby farm or lakeside retreat. Conveniently located in close proximity to Ottawa (and minutes from Carleton Place), this rare offering includes a 'LAKE HOUSE' (raised bungalow), a four season 'COTTAGE', a stunning 'BUNKIE/BOATHOUSE', several outbuildings and room for anything you can imagine (only half the lot has been developed / cleared). The 'lake house' features 4 bedrooms and 3 bathrooms across 2000 square feet. Large windows frame water views from nearly every room, while the bright sunroom and walk-out lower level maximize your connection to the lake. A massive deck overlooks the bay, ideal for entertaining or quiet relaxation. The 'lake house' features stone counters in both the kitchen and bathrooms (along with updated cabinets), hardwood flooring throughout and fresh paint. The attached garage provides convenience and plenty of additional storage. The fully insulated 2-bedroom guest 'cottage' with a large deck and forced-air furnace is perfect for four-season use whether hosting family, accommodating guests, or generating rental income. The 'boathouse" adds versatility, offering space for additional guest accommodation, or an amazing home office, gym, studio or workshop. Outdoor living shines with a scenic dock, waterside outbuilding, and additional garden & equipment sheds. The flat, clear lot is ideal for recreation or future development. The parcels size and configuration present exciting severance potential. Whether enjoying a swim, hosting a lakeside gathering, or unwinding by the water, every detail of this property invites year-round enjoyment. With unmatched acreage, shoreline, and versatility, this unicorn offers endless opportunities to create memories. *OPEN HOUSE SUN NOV 16th 2 to 4pm*
Data was last updated November 13, 2025 at 06:15 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$629,500
Min list price:
$149,900
Max list price:
$1,999,000
Avg days on market:
56
Min days on market:
2
Max days on market:
238
These statistics are generated based on the current listing's property type
and located in
908 - Drummond N Elmsley (Drummond) Twp. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.