1079 Spence Lake Drive, Bracebridge, ON

$1,549,900
MLS#:X12869416
4 beds
3 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Draper. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,549,900 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 180 x 221 ft lot
  • Features a ["walk-out", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Rough-In Bath, Water Heater Owned
  • equipped with ["central air"] central cooling and highly efficient forced air heating via propane

Five minutes from downtown Bracebridge, at the end of a quiet road, there's a lake many people don't even realize exists. And when you're standing here looking across the water, it's hard to believe you're this close to town. Welcome to Spence Lake! Set along approx 180' of shoreline, the water wraps gently around the property. A beautiful mix of sandy beach, natural rock, shallow entry for swimming, and deeper water off the dock. The bay feels quiet and protected, and it's a gentle lot with stone steps leading to both the beach and the dock. This is the kind of shoreline every family hopes to find, and a place where great memories naturally unfold. Built in 2019, the home itself is a gorgeous custom bungalow designed to work beautifully as either a year-round home or a four-season cottage. Year-round access, an extended and widened driveway, and a high-quality septic system mean the practical pieces are already in place. Inside, the design really takes advantage of the setting. Large windows frame the lake making the views a natural focal point. The layout brings together a show-stopping living room with fireplace, a well-appointed kitchen, and a four-season sunroom opening to the back deck. Engineered white oak flooring flows throughout. The main-floor primary suite features a walk-in closet and ensuite. Downstairs offers flexibility with three more bedrooms and a full guest bathroom. One bedroom mirrors the main floor primary and offers a rough-in for a future ensuite. Here the lake views continue, creating the perfect space for movie nights, or simply spreading out. When summer arrives, it's paddle boards and boats on the water, sandcastles, BBQs with friends, and evenings lost in the hot tub or around the fire. Soffit lighting, soundproofed interior walls, ICF on the lower-level, AC, & a GenerLink highlight the quality of features here. Experiencing a place like this in person changes the way you see waterfront living. This might just be the one!

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 17, 2026
Sold price information is available to members only
Listed Date3/11/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionWood
Lot Size180 × 221 Feet
CountyMuskoka
Annual Tax$5,384.43
Legal DescriptionPT LT 3 CON 10 DRAPER PT 6 & 34 RD827; S/T RIGHT IN DR2802; BRACEBRIDGE ; THE DISTRICT MUNICIPALITY OF MUSKOKA TOGETHER WITH AN EASEMENT OVER PART OF LOT 3 CONCESSION 10 DRAPER, PART 1, 35R-25813 AS IN MT242227

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Lake Access, Waterfront, Beach, Lake/Pond, Wooded/Treed, Cul de Sac/Dead End

Community Features

Location

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1079 Spence Lake Drive, Bracebridge, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1079 Spence Lake Drive, Bracebridge, ON P1L 0A1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Financial Audit

Estimated Costs

Loan Amount$1,239,920
Monthly Mortgage$7,204
Property Tax (Est.)$449
Utilities & Maint.$350
Total Monthly Cost$8,003

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

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No current listings found in Bracebridge.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.