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M81 PINE ISLAND #1 & 1B Island

Monck (Muskoka Lakes) / Muskoka Lakes, ON P1L 1W8

NewActiveFor Sale
5 Beds
5 Baths
3,500 Sq Ft
4 Lot Sq Ft
Single Family Home
Virtual Tour Available

About This Property

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 Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size3,500 sq ft
Lot Size4 sq ft
Bedrooms5
Bathrooms5
ListedJuly 10, 2026
Postal CodeP1L 1W8

Features & Amenities

  • Waterfront
  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13542488

Listed by Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$4,615,000

asking price

MLS®X13542488
TypeSingle Family Home
CityMuskoka Lakes
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$22,536

/month · $3,692,000 mortgage

Down Payment20% — $923,000
Interest Rate5.5%

Amortization

Total Interest

$3,068,696

Total Cost

$6,760,696

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty