3 - 1519 Muskoka 118 Road
Muskoka Lakes, ON
- 4 bed
- 3 bath
- approx. 3000-3500 sqft
- Detached
- 51 days on market
Whether you're searching for a year-round home or the cottage you've always dreamed of, this exceptional Lake Muskoka property offers the perfect balance of luxury, privacy, and convenience. Located just minutes from Bracebridge, you'll enjoy easy access to town amenities while embracing life on one of Muskoka's most iconic lakes. Thoughtfully positioned to take advantage of its sunny southern exposure, the home is centred around breathtaking waterfront views. Expansive windows flood the interior with natural light, while mature trees and natural landscaping create exceptional privacy, allowing you to enjoy the deck, dock, and shoreline without feeling overlooked by neighbouring properties. The open-concept main floor is warm and inviting, highlighted by a dramatic great room with soaring cathedral ceilings and a floor-to-ceiling stone fireplace. The custom kitchen features built-in appliances, a walk-in pantry, generous prep space, and direct access to the expansive lakeside deck, creating an ideal setting for entertaining or simply enjoying quiet moments by the water. The main-floor primary suite is a private retreat with a walk-in closet, spa-inspired ensuite with heated floors and a custom tiled shower, plus direct deck access. A powder room and main-floor laundry add everyday convenience. The fully finished lower level provides outstanding space for family and guests, offering a spacious recreation room with radiant in-floor heating, two generous lakeside bedrooms, a full bath, an office/games/4th BR, and multiple walkouts to the waterfront. At the shoreline, enjoy the best of Muskoka living with a sandy beach, shallow water for children, deeper water for swimming and boating, and a newly rebuilt dock perfect for relaxing, entertaining, or welcoming guests. Combining timeless craftsmanship, exceptional privacy, and an unbeatable Lake Muskoka location, this is a property you'll love to enjoy for weekends, summers or every day of the year. Come see, come sigh ...
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $5,992
- Listed
- July 31, 2026
Price History
Property
- Style
- Bungalow
- Age
- 6-15
- Construction
- Wood
- Roof
- Asphalt Shingle
- Foundation
- Insulated Concrete Form
- Interior
- Air Exchanger, Primary Bedroom - Main Floor, Storage, Water Heater Owned
- Lot Size
- 75 x 295 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Water
- Lake/River, Water System
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Muskoka Road 118 West
- Zoning
- WR1
- Parcel Number
- 481620598
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Appliances: Frigidaire Professional Side-By-Side Refrigerator/Freezer, 4-Burner Gas Stove, Under Counter Microwave, Built-In Dishwasher; Washer & Dryer; Rec Room: Wall-Mount TV Bracket; Deck: Hot Tub (as is); Outside: Tesla Charger & Generac Automatic Generator.
- Exclusions
- Living Room: TV & Wall-Mount Bracket; Rec Room: TV only; Primary Ensuite: Heated Toilet Seat; Deck: BBQ & Patio Heater; Waterfront: Canoe/Kayak Rack & Contents; Misc: Security Cameras.
Waterfront
- Water Body
- Lake Muskoka
- Shoreline
- Deep, Sandy, Natural
- Docking
- Private
Community
Postal area P1L
- Population
- 17,984
- Private dwellings
- 9,535
- Median age
- 51.2
- Average household size
- 2.3
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Muskoka Lakes · last 12 months
- Median sold price
- $885,000
- Homes sold
- 245
- Median days on market
- 28
- Sale-to-list price
- 93.8%
Based on 245 recorded sales of residential freehold properties in Muskoka Lakes over the last 12 months.
Rooms
2-piece on Main, 3-piece on Main, 4-piece on Main
Main
- Bathroom6'6" x 10'
- Bathroom6' x 6'6"
- Dining Room14' x 10'3"
- Foyer10' x 6'5"
- Great Room23'11" x 16'8"
- Kitchen13'8" x 14'2"
- Laundry5'10" x 6'5"
- Other6'2" x 10'
- Pantry
- Primary Bedroom13'7" x 13'11"
Lower
- Bathroom11'11" x 9'7"
- Bedroom 213'6" x 14'3"
- Bedroom 313'8" x 14'3"
- Bedroom 419'3" x 8'8"
- Recreation23' x 20'10"
- Utility Room13'7" x 8'8"
Listed by
Chestnut Park Real Estate
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$539,000
Estimated Monthly Payment
$13,240
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $13,240/mo (20% down, 5.5%)
Taxes: $499/mo · Insurance: $674/mo
Estimates only. Consult a financial advisor.
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