197 Lightning Point Road, Kawartha Lakes, ON

$1,197,000
MLS#:X12425332
3 beds
2 baths
1500-2000 sqft
10.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Somerville. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $1,197,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 84.84 x 277.02 ft lot
  • Features a ["finished with walk-out", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Storage
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

Welcome to your dream waterfront escape on stunning Balsam Lake in the heart of the Kawartha Lakes, under 2 hours from Toronto! This beautifully maintained property was featured on the TV Show "Income Property". It is a 4-season home, cottage or Income Property which offers the perfect blend of peaceful lakefront living and modern comfort. Situated on a premium 85' by 278' lot with direct water access, breathtaking sunsets with west facing crown land green space, excellent boating, the top rated fishing and year-round recreational activities. Inside You will find a bright, open-concept living space with large windows framing panoramic lake views. The spacious kitchen features stainless steel appliances and ample counter space ideal for hosting friends and family. Cozy up by the fireplace in the inviting living room or step out onto the expansive deck to soak in the views. With multiple bedrooms and generous outdoor space, this Lake House is perfect for both relaxing weekends and full-time living. The private dock, mature trees, and landscaped yard offer a picturesque waterfront retreat. Plus, you're just minutes from local amenities, golf courses, trails, and charming towns like Coboconk, Fenelon Falls, Minden & Bobcaygeon. Whether you're looking for a lakefront cottage getaway, a retirement haven, a family-friendly retreat, an income generating rental property or a combination of them all, 197 Lightning Point Road delivers an unbeatable lifestyle in one of Ontario's most desirable lake regions on the pinnacle lake of the Trent Severn Waterways, Balsam Lake. 5 minute drive into Coboconk where you will find: Grocery Store, Hardware stores, Pharmacy, Gas Station, Restaurants, LCBO and more. Septic, Fireplace (WETT) & Well water inspections have all passed. Oversized 2 car garage has potential to be a secondary cottage/Bunkie. 10 Sugar maple trees have been producing delicious Maple Syrup.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 7, 2025
Sold price information is available to members only
Listed Date9/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionWood , Stone
BasementFinished with Walk-Out, Separate Entrance
Lot Size84.84 × 277.02 Feet
CountyKawartha Lakes
Annual Tax$7,536.4
Legal DescriptionFront Range Pt Lot 29 Plan 433 Lot 6

Parking & Garage

Parking Spaces10.0
Garage Spaces8
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Waterfront

Interior Features

Primary Bedroom - Main Floor, Storage

Security Features

Carbon Monoxide Detectors, Monitored, Smoke Detector

Community Features

Location

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197 Lightning Point Road, Kawartha Lakes, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 197 Lightning Point Road, Kawartha Lakes, ON K0M 1K0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$957,600
Monthly Mortgage$5,564
Property Tax (Est.)$628
Utilities & Maint.$350
Total Monthly Cost$6,542

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Kawartha Lakes.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Somerville, Kawartha Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$832,122

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Ridgewood
Public6763 Highway 35, Kawartha Lakes, Ontario, K0M 1K0
3.3

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.