Two Cottages. One Carefree Summer Story. Tucked along the shores of Prospect Lake with coveted southwest exposure, this rare lakeside package delivers something almost unheard of two fully equipped cottages on one beautiful lot. Its the kind of setup families dream about. One for you. One for them. Both with kitchens, bathrooms & bedrooms so everyone can come together without being on top of each other. At the heart of the property sits the main cottage: warm, welcoming & surrounded by tall pines. With 5 bedrooms & 2 baths, theres space to sleep a crowd & gather for games, meals, & early-morning coffee. A short stroll away, the 2nd cottage offers 3 bedrooms, a 3PC bath, its own kitchen, and a peaceful retreat just far enough for privacy but close enough to stay connected. Across the quiet lane, the shoreline invites you in. A 40' dock reaches out into the lake, with approx. 12' of depth off the end ideal for swimming, docking, or diving into summer. The sun-drenched, gently sandy shoreline is perfect for all ages. This is cottage life, uncomplicated where sand ends up in bedsheets, dinners are BBQd, & no ones fussing over perfect. Evenings settle into bonfires, marshmallows, & picture-perfect starry nights. Multiple upgrades add peace of mind, including a new septic system installed in 2021. A detached garage currently houses laundry & adds storage for the toys that make lake life even better. With two self-contained cottages, this property also presents a strong investment opportunity ideal for short-term vacation rentals, long-term tenants, or simply a shared family investment with excellent potential for rental income. Whether shared between siblings, passed down through generations, or held close as your own retreat, this is the kind of property that becomes part of your family story. Sun-soaked dock days. Campfire nights. Room for everyone. This is the cottage youve been waiting for.
Address
1025 & 1027 Big Island Road
List Price
$995,900
MLS® Status
New
Expiration Date
2025-09-29
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
1 1/2 Storey
Transaction Type
For Sale
Area
Bracebridge
Sub-Area
Draper
Region
Muskoka
Bedrooms
7
Bedrooms (Total)
7
Rooms Above Grade
17
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size Source
Survey
Lot Depth
239.11
Lot Shape
Rectangular
Lot Size Units
Feet
Lot Width
100.14
Parcel Number
480510345
Occupant Type
Owner
Cross Street
Prospect Lake Rd - Big Island Rd
MLS® Number
X12316566
Listing Brokerage
Peryle Keye Real Estate Brokerage
Basement Area
None
Postal Code
P1L 1X1
Posession Details
Flexible
Parking
Private
Parking Places (Total)
6
Parking Spaces
6
Tax Amount
$4,154.81
Tax Year
2024
Exterior Features
Deck, Privacy
Interior Features
Guest Accommodations, Primary Bedroom - Main Floor, Water Heater Owned
Property Features
Lake Access, Waterfront, Clear View
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Disclosures
Unknown
Board Or Association
One Point Association of REALTORS
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Brick, Vinyl Siding
Direction Faces
South
Fireplace
Yes
Foundation Details
Piers, Concrete Block
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Shingles
Tax Legal Description
PT LT 29 CON 6 DRAPER PT 1, 2 35R2769, PT 3 35R10070, PT 1 35R14875; BRACEBRIDGE ; THE DISTRICT MUNICIPALITY OF MUSKOKA
Topography
Level
Water Source
Lake/River
View Type
Clear, Beach, Lake, River, Water
Water View
Direct
Waterfront
Yes
Docking Type
Private
Waterfront
Direct, Indirect
Waterfront Accessory
Not Applicable
Waterfront Features
Dock, Waterfront-Road Between
Water Body Name
Prospect Lake
Water Body Type
Lake
Shoreline
Shallow, Deep
Shoreline Allowance
Not Owned
Access To Property
Year Round Municipal Road
Alternative Power
None
Sewer
Septic