Almost 25 acres in the Madawaska Highlands! This 2-bedroom bungalow sits on a private 1.136-acre lot. It's sold together with a separate 23.76-acre parcel (PIN 574870098) that has about 1,427 ft of frontage on Matawatchan Road and room for future potential. The house is surrounded by mature hardwood forest and backs onto a paved year-round road. Inside, the bright, open living and dining area has a tongue-and-groove ceiling, ceiling fans, and a wood stove. A garden door leads out to a large wraparound deck. The kitchen has been updated with white cabinets, granite-look counters, vinyl plank flooring and a dishwasher. There are 2 bedrooms and a 4-piece bath with a tiled floor. You get propane heat and wood heat, plus central air for the summer. The house also has a drilled well, a septic system, a metal roof, an enclosed sun porch, and a covered side porch. A detached garage/workshop, storage shed and woodshed hold your toys, tools and firewood. Close to Centennial Lake, Black Donald Lake, Crown land, and trails, with Calabogie a short drive away. Use it as a full-time home or a four-season retreat, or hold the land as an investment.
2 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $454 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 3192 Matawatchan Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
12 spacesYes garage
Basement
Crawl Space
Features & systems
Parking & garage
Garage
Yes
Parking spaces
12
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
1.136
Listing & possession
Property style
Bungalow
Property class
Detached
3192 Matawatchan Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13930268$499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3192 Matawatchan Rd Compares to the Greater Madawaska Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$2,451
/mo
based on the purchase price of $499,000
$99,800 cash
$399,200 financed
$336,231 total interest
Principal54%$399,200
Interest46%$336,231
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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.
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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.
Similar homes for sale nearby in Greater Madawaska
Other 2–4 bed homes for sale in Greater Madawaska around $499K.
Average days on market50Homes sold in about 50 days on average.
Sale-to-list ratio95.6%On average, homes sold below asking.
Active listings80Homes for sale here right now.
Median vs prior 90 days+52.6%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 28 sales from Jul 15 – Oct 13, 2026 (22 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 3192 Matawatchan Rd
How much is 3192 Matawatchan Rd listed for?
3192 Matawatchan Rd is listed at $499,000 (MLS® X13930268). Summitly updates the price as soon as the MLS® record changes.
Is $499,000 a good price for 3192 Matawatchan Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Greater Madawaska. 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 3192 Matawatchan Rd changed?
No — 3192 Matawatchan Rd is still listed at its original asking price of $499,000.
How many bedrooms and bathrooms does 3192 Matawatchan Rd have?
3192 Matawatchan Rd has 2 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Greater Madawaska.
How much would the monthly mortgage be on 3192 Matawatchan Rd?
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), 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 3192 Matawatchan Rd compare with other homes in Greater Madawaska?
Its asking price of $499,000 is about 28% below the median sold price in Greater Madawaska over the last 90 days, $689,950, across 28 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 3192 Matawatchan Rd been sold before?
Summitly has no earlier MLS® sale or lease of 3192 Matawatchan Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3192 Matawatchan Rd?
3192 Matawatchan Rd is in Greater Madawaska, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3192 Matawatchan Rd been on the market?
1 day — 3192 Matawatchan Rd was listed on October 12, 2026.
What is the price per square foot of 3192 Matawatchan Rd?
About $333 to $454 per square foot: the asking price of $499,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 3192 Matawatchan Rd have parking or a garage?
Yes — the listing gives 12 parking spaces. Garage: Yes.
Does 3192 Matawatchan Rd have a basement, and is it finished?
The listing describes the basement as: Crawl Space.