1086 Pennwood Road, Muskoka Lakes, ON
Property no longer active
This property was sold on April 24, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $4,495,000 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 326 x 194.9 ft lot
- 6.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned
- equipped with wall unit(s) central cooling and highly efficient heat pump heating via electric
Description
An extraordinary opportunity awaits on the coveted shores of Upper Lake Muskoka, where legacy properties are held for generations, and the possibilities are as expansive as the view. Set on over 2 acres with 326 feet of pristine south-facing frontage, this rare offering features a gently sloping, child-friendly lot and a grandfathered setback that places the existing cottage just steps from the water. Perfect for a family looking to build memories in Muskoka, enjoy the property as it stands for a few idyllic summers while developing architectural plans for a custom retreat that takes full advantage of this exceptional footprint.The current 5-bedroom, 3-bath cottage offers nearly 2,800 sq ft of living space, complete with a Muskoka room, warm wood finishes, and incredible lake views. At the shoreline, a beautifully designed two-storey, 2 slip winterized boathouse provides private guest accommodations, a kitchenette, and an expansive sun deck framed in glass, the perfect perch for lingering into the golden hour. A hard-packed sandy beach and shallow entry make it ideal for young children, while deeper water off the dock is perfect for boating and swimming. Enjoy miles of adventure across the Big Three lakes.Whether you envision a refined family cottage or a showpiece of modern Muskoka design, this property combines immediate enjoyment with long-term potential, just minutes from Port Carling for dining, boutique shopping, and year-round convenience.
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Property Summary
This detached home located at 1086 Pennwood Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 475 days. This property is listed at $4,495,000 with an estimated mortgage of $14,962* per month. It has 5 beds, 3 bathrooms, and is 2500-3000 square feet. 1086 Pennwood Road, Muskoka Lakes is in the Medora neighborhood.
* 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 Medora, Muskoka Lakes.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Medora, Muskoka Lakes.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Waterfront
- Wooded/Treed
Interior Features
- Primary Bedroom - Main Floor
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1086 Pennwood Road, Muskoka Lakes, ON
Q.What is the asking price for 1086 Pennwood Road, Muskoka Lakes, ON ?
The current listing price for 1086 Pennwood Road, Muskoka Lakes, ON in Medora, Muskoka Lakes is $4,495,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 1086 Pennwood Road, Muskoka Lakes, ON ?
1086 Pennwood Road, Muskoka Lakes, ON is a Detached (2-Storey) featuring a None basement.
Q.What key property features does 1086 Pennwood Road, Muskoka Lakes, ON offer?
Key property features include: Waterfront, Wooded/Treed.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Wall Unit(s).
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Pricing & Value Insights
Data-driven valuation for 1086 Pennwood Road 5, Muskoka Lakes, ON P0B 1J0
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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 $4,495,000 in Muskoka Lakes, the legal minimum down payment is $899,000 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 $98,850 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 $98,850.
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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.