420 CEDAR Lane, Bracebridge, ON
Property no longer active
This property was sold on October 25, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Draper. Expertly crafted featuring premium concrete and wood construction, this residence presents an exceptional opportunity offered at $2,495,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 3000-3500 sqft on a spacious lot (Feet)
- Features a walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 16.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Countertop Range, Workbench, Sewage Pump
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Discover the epitome of luxurious living in this meticulously maintained 4900 square feet estate, affectionately known as Dragonfly Hill, perched majestically along the picturesque Muskoka River and enjoy a boat tour down the river and access to the "Big 3" Muskoka Lakes. This stately residence offers not only expansive spaces and soaring cathedral ceilings but also a private oasis that includes everything you need for an idyllic Muskoka lifestyle. Four elegantly appointed bedrooms, including a private guest suite, offer comfort and privacy for all occupants. A versatile bonus room provides flexibility for a home office, playroom, or hobby area. Experience the grandeur of soaring cathedral ceilings that amplify the sense of space, creating an atmosphere of elegance and openness. The lower level grand recreation room with a pool table and a walkout to the patio, seamlessly connecting indoor and outdoor living. Two heated garages ensure your vehicles and toys are protected year-round. Launch a kayak or canoe from your backyard and explore the serene waters at your leisure. Enjoy the awe-inspiring views of the Muskoka River from multiple decks, patios, and a waterfront gazebo. A new steel roof provides durability and peace of mind, ensuring your home is not only stunning but also secure. Dragonfly Hill offers a lifestyle that embodies the true essence of Muskoka living. Enjoy leisurely afternoons boating to Lake Muskoka, entertain guests on the expansive decks, or simply unwind in the tranquility of your private waterfront gazebo. Dragonfly Hill is a testament to refined living. With its river views, private waterfront access, and impeccable features, this residence is an unparalleled sanctuary. With convenient access to local shops, recreational facilities and moments from downtown. Dragonfly Hill invites you to experience Muskoka at its finest. – schedule a viewing today and step into a world of unparalleled luxury and natural splendor.
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Property Summary
This detached home located at 420 CEDAR Lane, Bracebridge is currently for sale and has been available on SousaSells for 701 days. This property is listed at $2,495,000 with an estimated mortgage of $8,305* per month. It has 4 beds, 3 bathrooms, and is 3000-3500 square feet. 420 CEDAR Lane, Bracebridge is in the Draper neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, Hospital
Interior Features
Countertop Range, Workbench, Sewage Pump, Propane Tank, Bar Fridge, Water Treatment, Accessory Apartment, Water Heater Owned
Security Features
Alarm System, Carbon Monoxide Detectors, Smoke Detector
Community Features
Virtual Tours
Location
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 420 CEDAR Lane, Bracebridge, ON P1L 0H2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Bracebridge, ON
For a property listed at $2,495,000 in Bracebridge, the legal minimum down payment is $499,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $48,850 for this transaction. As this listing is in Bracebridge (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $48,850.
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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.