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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $4,799,000 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.
Perched majestically on Midland Point, this magnificent 4-bedroom, 5.5-bathroom estate commands 99 feet of pristine private Georgian Bay shoreline, offering an unparalleled canvas of panoramic water views and inspiring sunrises. Spanning 4,841 sq ft, this impeccably updated residence embodies sophisticated waterfront living. A culinary masterpiece awaits in the gourmet kitchen, featuring professional-grade appliances and a sprawling island, all designed to maximize the breathtaking bay vistas. Convenience meets luxury with a main floor primary suite and dedicated laundry. The expansive main deck is an entertainer's paradise, boasting an outdoor kitchen, a unique retractable garage door, and crystal-clear Invisirail for unobstructed views. The lower walk-out level transforms into a world of leisure, complete with a dedicated billiards room, an impressive office/library, a family room warmed by a fireplace, a private fitness area, and an exquisite wine cellar. Step directly from here into a covered three-season sanctuary, featuring a crackling wood fireplace and a bubbling hot tub. Enhancing this exceptional property are a contemporary 600+ sq ft street-front office with a 4-piece bath, ideal for remote work or a home business, and a charming 1-bedroom, 2-bathroom guest house, offering a cozy retreat with its own wood-burning fireplace. The waterfront truly defines this property, with a natural sandy beach, a welcoming fire pit, and a double dry boathouse equipped with a rail system for two vessels and a private dock. Above the boathouse, a private putting green offers a unique opportunity to refine your short game while soaking in the stellar views of the private beach and Midland Bay. As you arrive, meticulously manicured perennial gardens unfold, creating a serene, park-like drive that leads to the heart of this extraordinary home.
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The current listing price for 29 McArthur Drive, Penetanguishene, ON in Penetanguishene, Penetanguishene is $4,799,000.
This property features 4 bedrooms and 6 bathrooms across approximately 3000-3500 sqft.
29 McArthur Drive, Penetanguishene, ON is a Detached (2-Storey) featuring a Finished basement.
Key property features include: Beach, Electric Car Charger, Golf, Marina, Waterfront, Terraced.
Interior highlights include: Air Exchanger, Auto Garage Door Remote, Central Vacuum, Generator - Full, Guest Accommodations, Primary Bedroom - Main Floor.
Security features include: Alarm System.
Yes, this property offers parking space for 12.0 vehicles (Attached).
Heating is provided via Propane and cooling via Central Air.
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Data-driven valuation for 29 McArthur Drive, Penetanguishene, ON L9M 1X3
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 Penetanguishene.
About Purchasing a Home in Penetanguishene, ON
For a property listed at $4,799,000 in Penetanguishene, the legal minimum down payment is $959,800 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 $106,450 for this transaction. As this listing is in Penetanguishene (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $106,450.
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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.