29 Island 26lm
Gravenhurst, Ontario P1P1R2

5 beds · 2 baths · 1592 sqft

Come discover Muskoka's enchanting landscape! This extraordinary private 11-acre parcel of land unveils itself as a unique majestic place amidst the scenic panorama of Lake Muskoka. Nestled among 800 feet of shoreline with coveted CW-8 zoning, this historically significant commercial island property boasts a rich heritage, tracing back to the iconic Glen Echo Lodge, which flourished from 1898 to 2003, a historical cottage resort with 26 bedrooms. It's like stepping into a cherished storybook where history still exists and is known by many on the lake. Whether embracing the tradition of seasonal Island living with family and friends or embarking on a development journey to create a private family compound or tourist establishment, this property offers a boundless canvas of potential. Meandering pathways adorned with flagstone accents lead to a cluster of seven original cabins, each close to one another on the south side of the property. The lay of the land is gracefully accentuated with natural granite rock, slight elevation changes and an expansive open field while having panoramic views of Lake Muskoka, punctuated by the quaint silhouette of nearby islands. A collection of seven snug cabins awaits, with five meticulously refurbished to exude a charming rustic cottage vibe. Among them, a combined Kitchen, Living, and Muskoka Room cabin boasts an elevated deck offering picturesque views of the lake. Additionally, there are five cabins with bedrooms, two bathrooms, laundry facilities, a work shed, and one original cabin situated at the water's edge, its unique footprint holding intrinsic value. Fronting on 800 feet of pristine Muskoka shoreline, graced by two existing docks and a charming flagstone waterside patio, this haven invites one to envision summer on the lake. Come discover a wonderful offering on the north side of Taylor Island, where privacy meets opportunity. (id:39198)

Facts & Features

Building Type House, Detached

Year built

Square Footage 1592 sqft

Stories

Bedrooms 5

Bathrooms 2

Parking

NeighbourhoodGravenhurst

Land size 11.278 ac|10 - 24.99 acres

Heating type Baseboard heaters

Basement type

Parking Type None

Time on REALTOR.ca18 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: Chestnut Park Real Estate Ltd., Brokerage, Port Carling

Powered by: REALTOR.ca

Home price

$2,200,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$20,012 / month

Rent $17,697

Savings $2,315

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$17,637 / month

Rent $17,155

Savings $482

Initial deposit 5%

Savings target Fixed at 5%

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