Waterloo · Lexington/Lincoln Village · Detached · MLS# 40820805
338 RIVER OAK Place
7
bed
6
bath
6,897
sqft
1998
built
Detached · $428/sqft
Listed April 14, 2026
About this home.
Discover refined living in the prestigious River Oak Estates—where timeless design meets an extraordinary natural backdrop. Set on a lush half-acre lot backing directly onto the Grand River, this 6,000+ sq. ft. residence captures breathtaking views of the water, pond, and Grand River Trail. Thoughtful landscaping enhances its privacy and curb appeal, creating a truly peaceful setting. Inside, sophistication unfolds across three levels, with 5+2 bedrooms and 6 bathrooms offering comfort and flexibility for family and guests. The grand foyer opens to an elegant staircase and sun-filled formal living and dining rooms—ideal for entertaining large gatherings. The kitchen, complete with an oversized island and casual dining space, extends to a spacious deck overlooking the river. A stone wood-burning fireplace anchors the family room, where floor-to-ceiling windows frame the scenic outdoors. The main floor suite is a private retreat featuring a gas fireplace, walk-in closet, and balcony access. Its luxurious ensuite includes dual vanities, a soaker tub surrounded by windows, and a glass walk-in shower. Upstairs, you’ll find four additional bedrooms, a home office with custom built-ins, and a dedicated media room. The lower level offers two more bedrooms, a 3-piece bath, wet bar, games area, and walkout access to a stone patio and landscaped gardens—perfect for indoor-outdoor living. Blending comfort, elegance, and a rare connection to nature, this River Oak Estates home delivers a lifestyle as remarkable as its setting. (id:59491)
The full record.
How this listing prices against Lexington/Lincoln Village.
14
Sales
$676,750
Median price
17
Days on market
96.2%
% of list
32
Active listings
N/A
Months supply
Lexington/Lincoln Village recorded 12 sales and 29 active listings, a moderate level of turnover with enough inventory to keep conditions balanced. The average sale price was $711,500, below Waterloo's average, while homes sold in just under 20 days and achieved 96.59% of list, a touch firmer than the city overall. The neighbourhood saw 9 freehold sales and 3 condo sales, with condos moving especially quickly. Overall, this is a fairly steady market where mid-priced homes are still drawing timely interest.
Read the full Waterlooreport →Estimate the monthly carry.
Estimated monthly payment
$13,509
Estimate only. Excludes property tax, condo fees, and insurance.
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