197 Lightning Point Road, Kawartha Lakes, ON
Property no longer active
This property was sold on October 7, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Somerville. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $1,197,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 84.84 x 277.02 ft lot
- Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Storage
- Efficient baseboard heating via electric
Description
Welcome to your dream waterfront escape on stunning Balsam Lake in the heart of the Kawartha Lakes, under 2 hours from Toronto! This beautifully maintained property was featured on the TV Show "Income Property". It is a 4-season home, cottage or Income Property which offers the perfect blend of peaceful lakefront living and modern comfort. Situated on a premium 85' by 278' lot with direct water access, breathtaking sunsets with west facing crown land green space, excellent boating, the top rated fishing and year-round recreational activities. Inside You will find a bright, open-concept living space with large windows framing panoramic lake views. The spacious kitchen features stainless steel appliances and ample counter space ideal for hosting friends and family. Cozy up by the fireplace in the inviting living room or step out onto the expansive deck to soak in the views. With multiple bedrooms and generous outdoor space, this Lake House is perfect for both relaxing weekends and full-time living. The private dock, mature trees, and landscaped yard offer a picturesque waterfront retreat. Plus, you're just minutes from local amenities, golf courses, trails, and charming towns like Coboconk, Fenelon Falls, Minden & Bobcaygeon. Whether you're looking for a lakefront cottage getaway, a retirement haven, a family-friendly retreat, an income generating rental property or a combination of them all, 197 Lightning Point Road delivers an unbeatable lifestyle in one of Ontario's most desirable lake regions on the pinnacle lake of the Trent Severn Waterways, Balsam Lake. 5 minute drive into Coboconk where you will find: Grocery Store, Hardware stores, Pharmacy, Gas Station, Restaurants, LCBO and more. Septic, Fireplace (WETT) & Well water inspections have all passed. Oversized 2 car garage has potential to be a secondary cottage/Bunkie. 10 Sugar maple trees have been producing delicious Maple Syrup.
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Property Summary
This detached home located at 197 Lightning Point Road, Kawartha Lakes is currently for sale and has been available on SousaSells for 315 days. This property is listed at $1,197,000 with an estimated mortgage of $3,984* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 197 Lightning Point Road, Kawartha Lakes is in the Somerville neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Somerville, Kawartha Lakes.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Kawartha Lakes.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Waterfront
Interior Features
- Primary Bedroom - Main Floor
- Storage
Security Features
- Carbon Monoxide Detectors
- Monitored
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 197 Lightning Point Road, Kawartha Lakes, ON
Q.What is the asking price for 197 Lightning Point Road, Kawartha Lakes, ON ?
The current listing price for 197 Lightning Point Road, Kawartha Lakes, ON in Somerville, Kawartha Lakes is $1,197,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 197 Lightning Point Road, Kawartha Lakes, ON ?
197 Lightning Point Road, Kawartha Lakes, ON is a Detached (Bungalow-Raised) featuring a Finished with Walk-Out, Separate Entrance basement.
Q.What key property features does 197 Lightning Point Road, Kawartha Lakes, ON offer?
Key property features include: Waterfront.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor, Storage.
Q.What security features are installed at 197 Lightning Point Road, Kawartha Lakes, ON ?
Security features include: Carbon Monoxide Detectors, Monitored, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 10.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 197 Lightning Point Road, Kawartha Lakes, ON K0M 1K0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $1,197,000 in Kawartha Lakes, the legal minimum down payment is $239,400 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 $20,415 for this transaction. As this listing is in Kawartha Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,415.
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