Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Oakley. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,625,000 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.
Nothing says "Summer in Muskoka" quite like this exceptional Wood Lake retreat! Nestled in the middle of the PRIME AND HIGHLY COVETED NORTH SHORE OF WOOD LAKE, known for it's expansive island dotted views, gentle topography, sand beaches and premium southerly exposure, this charming 4 bdrm, 2 bthrm, 2200 sq ft cottage is conveniently located on a year round road just 20 minutes from the quaint Town of Bracebridge and approx 2.5 hours from the GTA. This unique waterfront property with 107 feet of waterfront and approx. 4 acres is a rare offering and captures the essence of classic cottage living with a rustic and relaxed beach house vibe. JUST 60 ft FROM THE WATER'S EDGE, the cottage sits on a level/gentle lot with expansive lakeside yard area, 3 ground level decks and 14' x 20' dock sitting area that provide the perfect setting for the entire family to relax and entertain by the water with plenty of friends. Inside, the two level cottage exudes warmth and character with tongue and groove pine walls and ceilings, exposed wood beams and wide plank pine flooring. The bright and spacious main level features an open concept Great Room combining the living, dining, and kitchen areas, complete with a large centre island and cozy sitting area anchored by a wood burning fireplace. Two bedrooms, a 3 piece bathroom with tiled shower and a walkout to the full width lakeside deck complete the main floor. The lower level provides additional space for family and guests, offering a comfortable family room, 2 more bedrooms, a second 3 piece bathroom with tiled shower, laundry area and walkout to the waterfront side of the property. Additional features include a 50 foot dock, dug well, 10' x 16' bunkie and 8' x 12' storage shed. A rare opportunity to enjoy the ultimate Muskoka waterfront lifestyle.
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Level, Waterfront, Wooded/Treed
Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1398 Milne Road, Bracebridge, ON P1L 1X1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Bracebridge.
About Purchasing a Home in Bracebridge, ON
For a property listed at $1,625,000 in Bracebridge, the legal minimum down payment is $325,000 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 $28,975 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 $28,975.
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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.