Alexander Perceval was the lessor of a property valued at almost £6 at Lislea, barony of Corran, which he was leasing to James Dale at the time of Griffith's Valuation. McTernan notes the house as the seat of the Rea family from the mid-seventeenth to the mid-nineteenth centuries. A number of other families occupied the house up until the 1980s when it was demolished.