$3,785,000
Algonquin Highlands
5017 Kawagama Lake Road, Algonquin Highlands (Sherborne), Ontario, P0A1E0
This 6-bedroom, 4-bathroom home in Algonquin Highlands is for sale offering roughly 4,250 sq ft of space.
Impressively magnificent custom-built log home (True North - 4,560 sf ft) and over-sized, triple-car garage with a 2-bedroom guest loft on 8+ acres with 500+ feet of shoreline PRIVACY + 90' dock system! Pride of ownership, care and maintenance of the buildings and property are quite evident, as one explores this special listing on the south shore of Kawagama Lake, the largest lake in Haliburton with 240' of depth which supports lake trout & bass. This winterized log home is quite visually-striking with features that include its King Post designed entrance, lofted great room with a floor-to-ceiling granite stone fireplace, hardwood + pine flooring and pine accents throughout. The living area is an open concept and shared with a custom-designed kitchen and dining area with walkout to a screened-in gazebo area. The cottage has once slept 16 people and has 6-bedrooms and 4 bathrooms. The basement is finished with in-floor radiant heating and has a lakeside walkout on the ground level. Heated/covered breezeway from main dwelling to the garage/guest quarters. Drilled well, 2 septic systems (i.e. main cottage/home and for the guest area above the garage), geo-thermal heating & cooling system via lake water, backup generator, security system, high-speed internet, etc. The spacious primary bedroom is on the main floor and boasts a sunrise, soaking/jet~streamed Azzura tub, 5-piece bathroom, extra insulation in ceiling and wall for sound reduction and walk-in closet. Beautifully landscaped with granite rock stairs to the lake and a separate trail for an ATV or golf cart. Granite rock designed, outdoor fire pit, located under dark skies, bright stars and planets above. There is a vast network of trails on crown land nearby for hiking, ATVing, snowshoeing, snowmobiling and so much more! Convenient 4-season road access. This fantastic property is located just under 3 hours from Toronto. The SUNSETS and calls of loons, wolves and owls are FREE! Buy-in tennis crt option. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 131 days on market, against an average age of 93 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 6-bed single family in Algonquin Highlands (Sherborne) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $3,785,000, about 55.7× the local median household income of $68,000.
Carrying it typically needs a household income of about $739,343 (20% down, 25-yr amortization, stress-tested) — roughly 987% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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Loading rates, 30-yr amortization
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