$3,895,000
Bracebridge
1040 7TH HEAVEN Lane, Bracebridge (Muskoka (N)), Ontario, P1L1X2
This 4-bedroom, 4-bathroom home in Bracebridge is for sale offering roughly 4,250 sq ft of space. It has been on the market 108 days, fresher than the Bracebridge average of 160 days.
Timeless craftsmanship meets modern luxury in this meticulously curated 3,703 sq. ft. True North log estate, showcasing over $1 million in sophisticated recent upgrades. This exceptional 4-bedroom, 3-bath waterfront lake house has a detached two-car garage with ample space for parking, storage, and recreational equipment. The cottage is set on a level lot with sought-after southern exposure and an expansive 80-foot sandy beach. The home is beautifully appointed with traditional upscale Muskoka-style décor, blending timeless elegance with relaxed lakeside comfort. The 4-bedroom cottage features hickory flooring, a wine room, floor to ceiling propane burning fireplace, a kitchen designed for entertainment and a private lakeside primary retreat with walk-out access to the waterfront. Upstairs, the large loft area creates an inviting family gathering space, surrounded by 3 additional bedrooms. Ideally located only minutes from the heart of Bracebridge, this property offers effortless access to charming boutiques, local restaurants, healthcare services, and everyday conveniences. Step onto your dock and explore Muskoka's celebrated Big Three Lakes, where endless boating, championship golf, waterfront dining, and some of the region's most sought-after destinations await. Outside, the professionally designed grounds are equally impressive, featuring stunning granite landscaping, multiple outdoor entertaining areas, a lakeside sauna, a hot tub, and beautifully integrated natural stone that enhances the property's timeless appeal. More than a cottage, this is a legacy property designed for effortless enjoyment. Whether it's peaceful mornings on the sandy beach, afternoons exploring the lakes, or unforgettable evenings watching the sunset over the water, this extraordinary estate offers the quintessential Lake Muskoka lifestyle-where natural beauty and refined luxury come together to create memories for generations. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 108 days on market, against an average age of 160 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 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Bracebridge (Muskoka (N)) has been listed for 108 days, which is 52 days fresher than the city average of 160. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $3,895,000, about 45.3× the local median household income of $86,000.
Carrying it typically needs a household income of about $760,830 (20% down, 25-yr amortization, stress-tested) — roughly 785% above the area median.
Source: Statistics Canada, 2021 Census (FSA P1L)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.