Tucked away on the water at Hallowell Mills Cove, this rare 4.7 acre holding offers a combination of land, location, and legacy that is seldom available in Prince Edward County. With direct waterfront, dramatic natural features, and immediate proximity to the Picton Golf & Country Club, the property delivers both privacy and connection in equal measure. The landscape is defined by movement and sound, as two waterfalls cross the site- one carving a deep rock gorge, the other flowing gently toward the cove. Spread across the grounds are several distinct structures, creating a compound-like setting with flexibility for personal use, guest accommodation, or future planning. At the center of the property is a five-bedroom, 2.5 bath residence filled with authentic character, including wide pine floors and striking ceiling heights throughout. Nearby, a substantial three-story boathouse- originally designed to accommodate large yachts - has been partially reimagined as a refined one-bedroom suite finished in rich rosewood and positioned directly over the water. A separate winterized cabin adds yet another layer of versatility. Anchoring the site is the original mill infrastructure, a visible reminder of the property's role in the area's early industrial history, where water power once supported both grist and lumber operations. Whether envisioned as a private waterfront retreat, a multi-use family compound, or a long-term investment in a rapidly envolving area of Picton, this is a property defined by scale, setting, and opportunity.
Address
782 County Road 49
List Price
$1,999,000
MLS® Status
New
Expiration Date
2026-05-29
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Prince Edward County
Sub-Area
Hallowell Ward
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
9
Rooms Below Grade
2
Bathrooms
6
Floor Area
1100-1500 Sq. Ft.
Lot Depth
588
Lot Size Units
Feet
Lot Width
373
Parcel Number
550710060
Occupant Type
Owner
Cross Street
County rd 49 and White Capel Road
MLS® Number
X12651864
Listing Brokerage
ROYAL LEPAGE PROALLIANCE REALTY
Basement Area
Finished with Walk-Out
Postal Code
K0K 2T0
Posession Details
Flexible
Parking
Circular Drive
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$6,429.00
Tax Year
2024
Site Influences
Golf, Lake Access, Lake/Pond, Waterfront
Interior Features
Water Heater
Property Features
Golf, Lake Access, Lake/Pond, Waterfront
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Disclosures
Other
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Propane
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Wood
Direction Faces
East
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Metal
Tax Legal Description
LT 124 RCP 28 HALLOWELL; PT LT 137 RCP 28 HZLLOWELL AS IN PE132993 S/T PE132993 S/T HW16253 PARTIALLY RELEASED BY PE123720; S/T PE116751; PRINCE EDWARD
View Type
Bay, Clear, Golf Course, Panoramic, Water
Water View
Direct
Waterfront
Yes
Docking Type
Private
Waterfront
Direct
Waterfront Accessory
Boat House, Bunkie
Waterfront Features
Other
Water Frontage (Feet)
375
Water Body Name
Lake Ontario
Water Body Type
Lake
Shoreline
Clean, Deep
Shoreline Allowance
None
Access To Property
Paved Road, Public Road
Alternative Power
None
Sewer
Septic
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