1378 THREE MILE LAKE Road, Muskoka Lakes, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Watt. Expertly crafted featuring premium wood and board & batten construction, this residence presents an exceptional opportunity offered at $950,000 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 with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 100 x 190 ft lot
- Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via oil
Description
Morning coffee on the deck as the lake wakes up. Evenings watching the sun set down Hammell's Bay from your own Muskoka Room. Water that welcomes everyone - shallow entry for the kids, deep water off the dock for everyone else. This custom-built 5 bed/3 bath home with office, on 100' of west-facing waterfront, is the property people spend years searching for. Set on a year-round road just minutes from Bracebridge, Huntsville & Windermere, it's a cottage and home in one. Open-concept living puts the lake in view from nearly every window. With two bedrooms on the main floor, two upstairs, one on the lower level, plus a flexible office - space for family, guests, and everyone in between.The full walk-out basement seals the deal: a self-contained suite with its own kitchen, living space and bath - perfect for extended family or to be used as an investment property. Outside: multi-tiered decks, a fire pit, an oversized 2-car garage/workshop, and parking for up to 10 vehicles. Built to last - 4" steel construction, 200-amp service plus dedicated 60-amp for the basement, wood stoves, oil furnace, and shingles replaced within the last 10 years. Boating, swimming, fishing - Three Mile Lake living starts here. Family home, legacy cottage, or income property: this one does it all.
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Property Summary
This detached home located at 1378 THREE MILE LAKE Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 4 days. This property is listed at $950,000 with an estimated mortgage of $3,162* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 1378 THREE MILE LAKE Road, Muskoka Lakes is in the Watt neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Watt, Muskoka Lakes.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Watt, Muskoka Lakes.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Waterfront
- Terraced
- Part Cleared
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1378 THREE MILE LAKE Road, Muskoka Lakes, ON
Q.What is the asking price for 1378 THREE MILE LAKE Road, Muskoka Lakes, ON ?
The current listing price for 1378 THREE MILE LAKE Road, Muskoka Lakes, ON in Watt, Muskoka Lakes is $950,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 1378 THREE MILE LAKE Road, Muskoka Lakes, ON ?
1378 THREE MILE LAKE Road, Muskoka Lakes, ON is a Detached (2-Storey) featuring a Finished with Walk-Out, Full basement.
Q.What key property features does 1378 THREE MILE LAKE Road, Muskoka Lakes, ON offer?
Key property features include: Waterfront, Terraced, Part Cleared.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 7.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Oil and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 1378 THREE MILE LAKE Road 3, Muskoka Lakes, ON P0B 1M0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $950,000 in Muskoka Lakes, the legal minimum down payment is $70,000 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 $15,475 for this transaction. As this listing is in Muskoka Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $15,475.
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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.