1086 Pennwood Road, Muskoka Lakes, ON

$4,495,000
MLS#:X12082964
5 beds
3 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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Description

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
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 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

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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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 24, 2025
Sold price information is available to members only
Listed Date4/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionWood
Lot Size326 × 194.9 Feet
CountyMuskoka
Annual Tax$12,787.07
Legal DescriptionSee Schedule C in Attachments

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
Cooling["Wall Unit(s)"]

Features

Property Features

Waterfront, Wooded/Treed

Community Features

Location

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1086 Pennwood Road, Muskoka Lakes, 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 1086 Pennwood Road 5, Muskoka Lakes, ON P0B 1J0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$3,596,000
Monthly Mortgage$20,894
Property Tax (Est.)$1,066
Utilities & Maint.$350
Total Monthly Cost$22,310

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Muskoka Lakes.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Medora, Muskoka Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$3,256,966

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.