1086 Pennwood Road 5, Muskoka Lakes, ON P0B 1J0, Muskoka Lakes, ON
Bed 5
Bath 3
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.
Property Highlights
For Sale
MLS NO.
X12082964
Type
Residential Freehold
Sub Type
Detached
Bedrooms
5
Bathrooms
3
Parking
6.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Detached
Transaction Type
For Sale
Status
Closed
Contract Status
Unavailable
MLS® Number
X12082964
Living Area Range
2500-3000
Total Bedrooms
5
Bedrooms Above Grade
5
Total Bathrooms
3
Total Kitchens
1
Kitchens Above Grade
1
Rooms Above Grade
8
Interior Features
Primary Bedroom - Main Floor, Water Heater Owned
Fireplace
Yes
Fireplace Features
Wood Stove
Central Vacuum Yn
No
Construction
Wood
Roof
Asphalt Shingle
Lot Width
326.0
Lot Size
2.26
Lot Size Units
Acres
Parking Features
Private
Parking Total
6.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
South
Cooling
Wall Unit(s)
Heat Source
Electric
Heat Type
Heat Pump
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1086 Pennwood Road 5, Muskoka Lakes, ON P0B 1J0
City
Muskoka Lakes
Neighbourhood
Medora
County / Region
Muskoka
Province / State
ON
Postal Code
P0B 1J0
Cross Street
Pennwood and 118W
Directions
HWY 118W to Pennwood, right on Pennwood to 5-1086
Country
CA
List Price
$4,495,000
Annual Taxes
$12,787
Tax Year
2024
Legal Description
See Schedule C in Attachments
Possession Type
Flexible
Possession Details
Flexible
Listing Office
Johnston & Daniel Rushbrooke Realty
Board
One Point Association of REALTORS
Original Entry
2025-04-15T13:09:30Z
Media Updated
2025-04-21T20:22:02Z
Photos Updated
2025-04-15T13:09:30Z
Last Modified
2025-04-24T14:05:00Z
System Modified
2025-10-12T09:27:57.253056Z
MLS Status
Sold
Architectural Style
2-Storey
Basement
None
Co List Office Name
Johnston & Daniel Rushbrooke Realty
Ddfyn
Yes
Expiration Date
2025-09-30
Foundation Details
Piers
Heat Source Multi
Electric
Heat Type Multi
Heat Pump
Hstapplication
Included In
Link Yn
No
Occupant Type
Owner
Originating System Id
A00001796
Parcel Number
481570107
Parking Spaces
6
Property Features
Waterfront, Wooded/Treed
Public Remarks
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.
