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Cheap Cottages For Sale on Lake Muskoka

21 cottages under $400,000 for sale on Lake Muskoka right now, from $15K to $400K. Updated through the day from the MLS®.

Lake Muskoka marketMedian $337K14 for sale~117 days on marketMarket stats
Tap a price to see the home
21 cottages under $400,000 for sale on Lake Muskoka

Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

Market snapshot

Lake Muskoka cottage market today

Based on 14 homes for sale right now (asking prices). Updated through the day.

Get recent sold prices
Median asking price$337KRange $100K – $400K
Homes for sale141 new this month
Typical days on market117Room to negotiate
Median price / sq ft$244From listed size ranges

Homes by price

Under $700K14
$700K–$1M0
$1M–$1.5M0
$1.5M–$2M0
$2M–$3M0
$3M+0

By style

StyleFor saleMedian price
Waterfront cottage13$349K
Land9$289K
Resort condo3$350K
Cottage2$362K

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Lake Muskoka

Cottages under $400,000 on Lake Muskoka

Right now there are 21 cottages under $400,000 for sale on Lake Muskoka. Asking prices run from $15K to $400K, and the middle listing is $200K. Most are in Muskoka Lakes, Bracebridge, Huntsville and Gravenhurst.

Lake Muskoka is the largest of Muskoka's Big Three and the busiest. Read the full Lake Muskoka guide.

Lower prices usually mean a longer drive, a smaller lake, water access, a seasonal road or a building that needs work. None of those are deal breakers if you go in knowing which one you are buying.

Common questions

How many cottages under $400,000 are for sale on Lake Muskoka?

There are 21 listings right now, taken straight from the MLS® and updated through the day. New ones are added the day they come on the market.

How much do cottages under $400,000 on Lake Muskoka cost?

Asking prices run from $15K to $400K, with a median of $200K. Frontage, shoreline, exposure, road access and the building itself account for most of the spread.

Where on Lake Muskoka are these cottages under $400,000?

Most of today's listings are in Muskoka Lakes, Bracebridge, Huntsville and Gravenhurst. Use the map above to see exactly where each one sits on the lake.

Can I get new cottages under $400,000 on Lake Muskoka sent to me?

Yes. Save this search or ask for listing alerts and new cottages under $400,000 on Lake Muskoka are emailed to you the day they hit the MLS®, along with price drops. It is free and you can stop anytime.

Sold history

Lake Muskoka sold prices by year

1191 cottages, homes and lots on Lake Muskoka have sold through the MLS® since 2013, 143 of them in the past 12 months. Sold prices are for members. Joining is free.

See what Lake Muskoka cottages actually sold for

Free members see sold prices, sale-to-asking ratios and every sold listing on the lake.

YearSalesMedian soldAverageLowestHighestSold vs. askingMedian days
2026 to date125
2025135
2024152
2023139
2022156
2021255
2020123
201943
201830
201714
20165
20155
20142
20137

Sold data from the PropTx MLS®, for sales reported on the board. Private and exclusive sales are not included. Figures are a guide, not an appraisal. Information deemed reliable but not guaranteed.

Ready to find your cottage in Lake Muskoka?

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