Regal century stone home on private 8.9 acre haven, in Ottawa Valley's picturesque Village of Lanark. This multi-generational 5+2 bedroom, 4 bathroom home offers refined elegance and luxurious comforts. Providing even more living space is the separate coach house/in-law suite. With all the generous spaces inside and out, this home also makes ideal B&B resort. Tree-lined laneway leads to gorgeous landscaped grounds with graceful fountain and sculptured shrubbery. Stately front entrance opens to expansive living spaces steeped in traditional character. Gracious living room, where a grand piano would feel right at home. Well-appointed dining room for large family gatherings or room to fit individual tables for B&B guests. Sun-soaked solarium has garden doors to lounging deck. Great Room architectural masterpiece with cathedral vaulted ceiling and dramatic two-storey wall of windows. Adding warmth is wood-burning fireplace with heat circulating ducts. Open to Great Room is designer gourmet kitchen with arched window crowning the soaring ceiling. Kitchen's contemporary style continues with custom glass-front cabinetry and granite island-breakfast bar. Butler's pantry has upscale glass-panel barn doors. Main floor 3-pc bathroom & laundry room. Second floor has sitting nook and two bedrooms each with walk-in closet plus ensuite. Third floor, three bedrooms and bathroom. Lower level rec room with home theatre, two bedrooms and workshop. Home heated by two closed-loop geothermal systems. Attached double garage with inside entry. Outside, inground heated salt-water pool surrounded by patio with hot tub. Beside pool is the coach house/in-law suite with heated floors in pool changeroom, 3-pc bathroom and kitchenette. Upstairs has guest bedroom and 4-pc bathroom. Large two-storey shed for storage or projects. Hardwood forest has sugar maples for tapping. Clyde River nearby for kayaking. Or, golf course next door. Located on paved municipal road. 10 mins Perth and 40 mins Ottawa.
5 bedrooms, 4 bathrooms, about 3,500 sq ft, works out to roughly $571 per square foot. Chat with Zara if you'd like a deeper read on whether this rural home fits your budget and timing.
Inside 131 Mill St
Every detail from the listing, in one place.
Type
Rural Home
Style
3-Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
22 spacesYes garage
Basement
Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
22
Interior
Basement
Finished · Full
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
8.91
Listing & possession
Property style
3-Storey
Property class
Rural Residential
131 Mill St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13813166$1,998,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 131 Mill St Compares to the Lanark Highlands Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$9,820
/mo
based on the purchase price of $1,998,900
$399,780 cash
$1,599,120 financed
$1,346,879 total interest
Principal54%$1,599,120
Interest46%$1,346,879
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Mill Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 131 Mill St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 131 Mill St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 131 Mill St
Homes for sale in Lanark Highlands
Every active Lanark Highlands MLS® listing, updated all day.
Average days on market58Homes sold in about 58 days on average.
Sale-to-list ratio93.9%On average, homes sold below asking.
Active listings85Homes for sale here right now.
Median vs prior 90 days−25.7%Compared with May 18 – Aug 16, 2026: prices down.
Based on 37 sales from Aug 16 – Nov 14, 2026 (37 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 131 Mill St
How much is 131 Mill St listed for?
131 Mill St is listed at $1,998,900 (MLS® X13813166). Summitly updates the price as soon as the MLS® record changes.
Is $1,998,900 a good price for 131 Mill St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Lanark Highlands. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 131 Mill St changed?
No — 131 Mill St is still listed at its original asking price of $1,998,900.
How many bedrooms and bathrooms does 131 Mill St have?
131 Mill St has 5 bedrooms and 4 bathrooms, with about 3,500–5,000 square feet of living space. It is a rural home in Lanark Highlands.
How much would the monthly mortgage be on 131 Mill St?
About $9,820 a month — principal and interest on $1,998,900 with 20% down ($399,780), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 131 Mill St compare with other homes in Lanark Highlands?
Its asking price of $1,998,900 is about 376% above the median sold price in Lanark Highlands over the last 90 days, $420,300, across 37 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 131 Mill St been sold before?
Summitly has no earlier MLS® sale or lease of 131 Mill St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 131 Mill St?
131 Mill St is in Lanark Highlands, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 131 Mill St been on the market?
53 days — 131 Mill St was listed on September 22, 2026.
What is the price per square foot of 131 Mill St?
About $400 to $571 per square foot: the asking price of $1,998,900 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 131 Mill St have parking or a garage?
Yes — the listing gives 22 parking spaces. Garage: Yes.
Does 131 Mill St have a basement, and is it finished?
The listing describes the basement as: Finished, Full.
