Cheap Cottages For Sale on Peninsula Lake
14 cottages under $400,000 for sale on Peninsula Lake right now, from $160K to $400K. Updated through the day from the MLS®.
25 photos$399,000Resort condo1 bed · 1 bath · 600-699 sq ft409 - 25 PEN LAKE POINT RoadChaffey, HuntsvilleCourtesy of: Coldwell Banker Thompson Real Estate
20 photos$399,900Resort condo1 bed · 1 bath · 500-599 sq ft425 - 25 Pen Lake Point RoadChaffey, HuntsvilleCourtesy of: SUTTON GROUP-ADMIRAL REALTY INC.Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.
Peninsula Lake cottage market today
Based on 14 homes for sale right now (asking prices). Updated through the day.
Homes by price
By style
| Style | For sale | Median price |
|---|---|---|
| Waterfront cottage | 14 | $290K |
| Resort condo | 14 | $290K |
| Chalet | 1 | $325K |
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See what your home could sell for against these 14 listings.
Get my instant estimateCottages under $400,000 on Peninsula Lake
Right now there are 14 cottages under $400,000 for sale on Peninsula Lake. Asking prices run from $160K to $400K, and the middle listing is $290K. Most are in Huntsville.
Peninsula Lake, known locally as Pen Lake, is Muskoka's resort lake. Read the full Peninsula Lake 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 Peninsula Lake?
There are 14 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 Peninsula Lake cost?
Asking prices run from $160K to $400K, with a median of $290K. Frontage, shoreline, exposure, road access and the building itself account for most of the spread.
Where on Peninsula Lake are these cottages under $400,000?
Most of today's listings are in Huntsville. Use the map above to see exactly where each one sits on the lake.
Can I get new cottages under $400,000 on Peninsula Lake sent to me?
Yes. Save this search or ask for listing alerts and new cottages under $400,000 on Peninsula Lake are emailed to you the day they hit the MLS®, along with price drops. It is free and you can stop anytime.
More ways to shop Peninsula Lake
- Waterfront Cottages 35
- Luxury Cottages 4
- Under $500,000 18
- Under $750,000 27
- Under $1 Million 30
- Under $2 Million 31
- Four-Season Cottages 34
- Island & Water Access Cottages 2
- Cottages with a Boathouse 2
- Cottages with a Sandy Beach 34
- Cottages with a Bunkie 1
- Investor-Friendly Cottages 9
- Fixer-Upper Cottages 2
- Cabins 7
- Chalets 5
- Resort Condos 28
Cheap Cottages on other Muskoka lakes
- Lake of Bays 40
- Lake Muskoka 21
- Lake Joseph 15
- Lake Rosseau 5
- Big East River 4
- Mary Lake 3
- Lake Vernon 2
- Gloucester Pool 2
- Kahshe Lake 1
All cottages under $400,000 in Muskoka · All cottages under $400,000 in Ontario
Peninsula Lake sold prices by year
219 cottages, homes and lots on Peninsula Lake have sold through the MLS® since 2018, 25 of them in the past 12 months. Sold prices are for members. Joining is free.
Free members see sold prices, sale-to-asking ratios and every sold listing on the lake.
| Year | Sales | Median sold | Average | Lowest | Highest | Sold vs. asking | Median days |
|---|---|---|---|---|---|---|---|
| 2026 to date | 22 | ||||||
| 2025 | 23 | ||||||
| 2024 | 24 | ||||||
| 2023 | 30 | ||||||
| 2022 | 34 | ||||||
| 2021 | 61 | ||||||
| 2020 | 19 | ||||||
| 2019 | 3 | ||||||
| 2018 | 3 | ||||||
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.
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