1062 Pennwood Road, Muskoka Lakes, ON

$2,949,000
MLS#:X13009180
5 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium shingle and wood construction, this residence presents an exceptional opportunity offered at $2,949,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Air Exchanger, ERV/HRV, On Demand Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via electric

This beautifully crafted 4-season, fully winterized 4-bedroom cottage offers the perfect blend of efficiency, comfort, and Muskoka lifestyle. Built in 2023 and designed to net-zero/LEED standards, the home features low-maintenance materials for effortless ownership year-round.Ideally located on the Indian River-the gateway to Lake Muskoka-you're just minutes to Port Carling by boat or car, with easy access to the Big Three lakes. The west-facing setting captures warm afternoon light and peaceful sunset views, all while being surrounded by classic Muskoka rock outcroppings and mature trees.Designed for both relaxation and entertaining, the cottage offers generous bedrooms and expansive principal rooms that comfortably host family and guests. A walkout design enhances the connection to the outdoors, while the level approach from the driveway to the deck ensures easy, convenient access.A beautifully finished, move-in ready cottage designed for effortless lakeside living with direct access to one of the region's most sought-after waterways.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/15/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionShingle , Wood
CountyMuskoka
Annual Tax$5,915.86
Legal DescriptionLOT 4 PLAN M153 MEDORA SAVE & EXCEPT PARTS 1, 2, 3 PLAN 35R27466 TOGETHER WITH AN EASEMENT AS IN LT51903 TOWNSHIP OF MUSKOKA LAKES

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

River/Stream, Lake Access

Community Features

Location

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1062 Pennwood Road, Muskoka 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 1062 Pennwood Road 5, Muskoka Lakes, ON P0B 1J0

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$2,359,200
Monthly Mortgage$13,708
Property Tax (Est.)$493
Utilities & Maint.$350
Total Monthly Cost$14,551

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 Muskoka Lakes.

City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$3,256,966

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

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Secondary Schools

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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.