1160 Island Park Road, Muskoka Lakes, ON
Property no longer active
This property was sold on October 1, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Medora. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $9,999,999 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 6 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 460 x 454.6 ft lot
- Features a full, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available
- Notable attributes: Air Exchanger, Bar Fridge, On Demand Water Heater
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Exemplary custom new construction cottage with 460 feet of frontage on Lake Rosseau, nestled in the heart of Port Carling! Ideally located at the end of a paved municipally maintained road for convenient year- round access. This is an entertainers delight featuring a perfect blend of bespoke, luxurious contemporary design in a quintessential classic Muskoka setting with North West exposure. Avail the opportunity to be in the middle of all the action. There's a wow factor from the moment you drive through the entry gates and walk through the front doors with light drenched, mesmerizing views of coveted south Lake Rosseau. The main cottage property boasts 5,308 sq ft with five luxurious bedrooms, including upper and lower level primary suites, five bathrooms, engineered white oak and custom tile flooring, ample storage as well as four propane burning fireplaces. Breathtaking, open concept, sleek chefs kitchen with a 14 foot oversized island featuring high end Thermador and Jennair appliances. There is an adjacent smartly equipped large butlers pantry. There are dramatically high ceiling heights as well as impressive, principal living and entertaining spaces on both levels. Perfectly located within walking distance to Port Carling the hub of Muskoka and just minutes to the lakes finest clubs and dining. This property features tall, mature, pines, exceptional landscaping with extensive flagstone pathways and generous deck spaces for entertaining as well as a nestled private hot tub. Flagstone steps lead to a large newly constructed two-story expansive boat house with living accommodations and stunning open lake views. There is even a golf cart path incorporated into the landscape design. No detail has been overlooked to create Muskoka perfection for the discerning cottage connoisseur!
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Property Summary
This detached home located at 1160 Island Park Road, Muskoka Lakes is currently for sale and has been available on SousaSells for 727 days. This property is listed at $9,999,999 with an estimated mortgage of $33,286* per month. It has 5 beds, 6 bathrooms, and is 2500-3000 square feet. 1160 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 5 bedrooms and 6 bathrooms, this home offers ample space and comfort for growing families in Medora, Muskoka Lakes.
- •5 spacious bedroom layout offering versatile living space
- •6 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
- Cul de Sac/Dead End
- Lake/Pond
- Lake Access
- River/Stream
Interior Features
- Air Exchanger
- Bar Fridge
- On Demand Water Heater
- Water Heater Owned
- Water Treatment
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1160 Island Park Road, Muskoka Lakes, ON
Q.What is the asking price for 1160 Island Park Road, Muskoka Lakes, ON ?
The current listing price for 1160 Island Park Road, Muskoka Lakes, ON in Medora, Muskoka Lakes is $9,999,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 6 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 1160 Island Park Road, Muskoka Lakes, ON ?
1160 Island Park Road, Muskoka Lakes, ON is a Detached (Bungalow) featuring a Full, Finished with Walk-Out basement.
Q.What key property features does 1160 Island Park Road, Muskoka Lakes, ON offer?
Key property features include: Cul de Sac/Dead End, Lake/Pond, Lake Access, River/Stream.
Q.What interior features are included in this home?
Interior highlights include: Air Exchanger, Bar Fridge, On Demand Water Heater, Water Heater Owned, Water Treatment.
Q.Is parking available at this property?
Yes, this property offers parking space for 12.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Propane and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 1160 Island Park Road, 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 $9,999,999 in Muskoka Lakes, the legal minimum down payment is $2,000,000 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 $236,475 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 $236,475.
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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.