M81 PINE ISLAND #1 & 1B Island, Muskoka Lakes, ON P1L 1W8
$4,615,000
M81 PINE ISLAND #1 & 1B Island, Muskoka Lakes, ON P1L 1W8, Muskoka Lakes, ON
Bed 5
Bath 5
A rare opportunity to create a legacy family compound on iconic Lake Muskoka. Set on picturesque Pine Island, this exceptional west-facing offering combines a beautifully appointed waterfront cottage with an adjoining vacant lot, providing an extraordinary 618 feet of shoreline and over 4.3 acres of private waterfront. Just a 5-minute boat ride from Gordon Bay on Lake Muskoka, this water-access property offers the perfect balance of convenience, privacy, and the timeless Muskoka lifestyle. The existing 3,919 sq. ft. cottage features 4 bedrooms and 4 bathrooms, nestled among mature trees and overlooking the lake with breathtaking sunset views. At the water's edge, the three-slip, two-storey boathouse creates an incredible setting for entertaining, relaxing, and making lasting memories with family and friends. The boathouse also offers an additional 1-bedroom, 1-bathroom guest accommodation, while all three boat slips are equipped with Sunstream boat lifts. Two additional Sea-Doo slips with Sunstream lifts further enhance this exceptional waterfront setup. The adjoining vacant lot further elevates this unique offering, presenting exceptional development potential with deep water, easy building conditions, and the ability to construct a custom cottage with a total development footprint of approximately 6,000 square feet, including the opportunity for a two-storey boathouse (subject to applicable approvals and regulations). Whether enjoyed as an expansive private estate, a multi-generational family compound, or a legacy property to be cherished for generations, opportunities like this on Lake Muskoka are exceptionally rare.
Property Highlights
For Sale
MLS NO.
X13542488
Type
Residential Freehold
Sub Type
Detached
Bedrooms
5
Bathrooms
5
Parking
3.0
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Detached
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
X13542488
Living Area Range
3500-5000
Total Bedrooms
5
Bedrooms Above Grade
4
Bedrooms Below Grade
1
Total Bathrooms
5
Total Kitchens
1
Kitchens Above Grade
1
Rooms Above Grade
9
Interior Features
Central Vacuum, Auto Garage Door Remote
Fireplace
Yes
Fireplace Features
Wood
Central Vacuum Yn
Yes
Construction
Wood , Stone
Roof
Shake
Lot Width
619.0
Lot Size
4.413
Lot Size Units
Acres
Parking Total
3.0
Covered Spaces
1.0
Garage Type
Attached
Garage
Yes
Pool
None
Direction Facing
North
Cooling
Central Air
Heat Source
Electric
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
M81 PINE ISLAND #1 & 1B Island, Muskoka Lakes, ON P1L 1W8
City
Muskoka Lakes
Neighbourhood
Monck (Muskoka Lakes)
County / Region
Muskoka
Province / State
ON
Postal Code
P1L 1W8
Cross Street
North side of Pine Island
Directions
Contact Listing Brokerage
Country
CA
List Price
$4,615,000
Annual Taxes
$15,617
Tax Year
2025
Legal Description
See Schedule B
Possession Type
Immediate
Possession Details
TBA
Listing Office
Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty
Board
One Point Association of REALTORS
Original Entry
2026-07-09T13:45:38Z
Media Updated
2026-07-14T20:08:06Z
Photos Updated
2026-07-14T20:08:06Z
Last Modified
2026-07-23T19:00:12Z
System Modified
2026-07-23T19:00:12.686832Z
MLS Status
Terminated
Architectural Style
2-Storey
Basement
Walk-Out, Full, Finished
Ddfyn
Yes
Expiration Date
2026-11-16
Foundation Details
Poured Concrete
Heat Source Multi
Electric
Heat Type Multi
Forced Air, Radiant
Hstapplication
Included In
Link Yn
No
Occupant Type
Owner
Originating System Id
A00001796
Parcel Number
481960252
Parking Spaces
2
Public Remarks
A rare opportunity to create a legacy family compound on iconic Lake Muskoka. Set on picturesque Pine Island, this exceptional west-facing offering combines a beautifully appointed waterfront cottage with an adjoining vacant lot, providing an extraordinary 618 feet of shoreline and over 4.3 acres of private waterfront. Just a 5-minute boat ride from Gordon Bay on Lake Muskoka, this water-access property offers the perfect balance of convenience, privacy, and the timeless Muskoka lifestyle. The existing 3,919 sq. ft. cottage features 4 bedrooms and 4 bathrooms, nestled among mature trees and overlooking the lake with breathtaking sunset views. At the water's edge, the three-slip, two-storey boathouse creates an incredible setting for entertaining, relaxing, and making lasting memories with family and friends. The boathouse also offers an additional 1-bedroom, 1-bathroom guest accommodation, while all three boat slips are equipped with Sunstream boat lifts. Two additional Sea-Doo slips with Sunstream lifts further enhance this exceptional waterfront setup. The adjoining vacant lot further elevates this unique offering, presenting exceptional development potential with deep water, easy building conditions, and the ability to construct a custom cottage with a total development footprint of approximately 6,000 square feet, including the opportunity for a two-storey boathouse (subject to applicable approvals and regulations). Whether enjoyed as an expansive private estate, a multi-generational family compound, or a legacy property to be cherished for generations, opportunities like this on Lake Muskoka are exceptionally rare.
