1159 Island Park Road, Muskoka Lakes, ON
Property no longer active
This property was sold on May 23, 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 $2,195,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 330 x 442 ft lot
- 6.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Welcome to 1159 Island Park Road, a stunning property on the Lake Rosseau side of the Indian River offering a rare opportunity to own an oversized, grandfathered 2600 + sq ft four-season boathouse/cottage. The property boasts mesmerizing sunsets, a canopy of evergreen trees, 330' of waterfrontage and 1.88 acres of privacy. It's an ideal property with endless development opportunities, ready to use now, all while being accessible year-round. The lovingly maintained cottage contains 4 bedrooms and 2.5 baths, including a main floor primary plus ensuite, 3 guest bedrooms on the second floor, a den, and a family room. With both forced air electric heating and central air, you can enjoy the cottage in comfort year-round. The idyllic shoreline offers a gentle entry with rippled, hard-packed sand, perfect for little ones and four-legged family members, and the spacious lake-side storage shed presents other possibilities for the new owner. Enjoy miles of boating on Lake Rosseau and Joe and access to Lake Muskoka through the locks. This property would also be a great jump-off point for local islanders, with its level parking area right behind the boathouse and easy access to the waterfront. Just pull up to the back door, and with a couple of steps, you'll be at your boat. Only minutes by car or boat to dining and shopping in Port Carling.
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Property Summary
This detached home located at 1159 Island Park Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 495 days. This property is listed at $2,195,000 with an estimated mortgage of $7,306* per month. It has 4 beds, 3 bathrooms, and is 2500-3000 square feet. 1159 Island Park 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 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Medora, Muskoka Lakes.
- •4 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
- Sloping
- Wooded/Treed
- Waterfront
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1159 Island Park Road, Muskoka Lakes, ON
Q.What is the asking price for 1159 Island Park Road, Muskoka Lakes, ON ?
The current listing price for 1159 Island Park Road, Muskoka Lakes, ON in Medora, Muskoka Lakes is $2,195,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 1159 Island Park Road, Muskoka Lakes, ON ?
1159 Island Park Road, Muskoka Lakes, ON is a Detached (2-Storey) featuring a None basement.
Q.What key property features does 1159 Island Park Road, Muskoka Lakes, ON offer?
Key property features include: Sloping, Wooded/Treed, Waterfront.
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 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Pricing & Value Insights
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About Purchasing a Home in Muskoka Lakes, ON
For a property listed at $2,195,000 in Muskoka Lakes, the legal minimum down payment is $439,000 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 $41,350 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 $41,350.
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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.