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Basara.

Waterloo · Lexington/Lincoln Village · Detached · MLS# 40820805

338 RIVER OAK Place

$2,950,000

7

bed

6

bath

6,897

sqft

1998

built

Detached · $428/sqft

Ask an agent about this property

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.

Property typeDetached
Year built1998
Square footage6,897 sqft
Lot size0.66 acres
Bedrooms7
Bathrooms6
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedApril 14, 2026

How this listing prices against Lexington/Lincoln Village.

7

Sales

$720,000

Median price

21

Days on market

97.4%

% of list

20

Active listings

N/A

Months supply

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($590,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$13,509

Principal$2,360,000
Total interest$1,692,737
Total paid$4,052,737

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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