1398 Milne Road, Bracebridge, ON P1L 1X1
Oakley, Bracebridge · Near Hwy 118# & Milne Road · View map
About this home
OPEN HOUSE-SAT OCT 17th @ 2-4 PM. Nothing says "Summer in Muskoka" quite like this exceptional Wood Lake retreat! Nestled in the middle of the PRIME AND HIGHLY COVETED NORTH SHORE OF WOOD LAKE, known for it's expansive island dotted views, gentle topography, sand beaches and premium southerly exposure, this charming 4 bdrm, 2 bthrm, 2200 sq ft cottage is conveniently located on a year round road just 20 minutes from the quaint Town of Bracebridge and approx 2.5 hours from the GTA. This unique waterfront property with 107 feet of waterfront and approx. 4 acres is a rare offering and captures the essence of classic cottage living with a rustic and relaxed beach house vibe. JUST 60 ft FROM THE WATER'S EDGE, the cottage sits on a level/gentle lot with expansive lakeside yard area, 3 ground level decks and 14' x 20' dock sitting area that provide the perfect setting for the entire family to relax and entertain by the water with plenty of friends. Inside, the two level cottage exudes warmth and character with tongue and groove pine walls and ceilings, exposed wood beams and wide plank pine flooring. The bright and spacious main level features an open concept Great Room combining the living, dining, and kitchen areas, complete with a large centre island and cozy sitting area anchored by a wood burning fireplace. Two bedrooms, a 3 piece bathroom with tiled shower and a walkout to the full width lakeside deck complete the main floor. The lower level provides additional space for family and guests, offering a comfortable family room, 2 more bedrooms, a second 3 piece bathroom with tiled shower, laundry area and walkout to the waterfront side of the property. Additional features include a 50 foot dock, dug well, 10' x 16' bunkie and 8' x 12' storage shed. A rare opportunity to enjoy the ultimate Muskoka waterfront lifestyle.
The home
- Type
- Waterfront cottage
- Style
- 2-Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 2
- Basement bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 4
- Basement
- Finished, Finished with Walk-Out, Full
- Lot size
- 107 x 744 ft
- Faces
- South
- View
- Beach, Forest, Lake, Trees/Woods
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Wood
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $5,053/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Hwy 118# & Milne Road
- Neighbourhood
- Oakley
More
- Price per sq ft
- ~$1,150 (at 1,300 sq ft)
- MLS® number
- X13843512
No matching details. Ask Will instead
The home and its surroundings
- Water Heater Owned
- Level
- Waterfront
- Wooded/Treed
- Deck
- Landscaped
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1398 Milne Road, Bracebridge, ON P1L 1X1
Oakley, Bracebridge · Near Hwy 118# & Milne Road
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 1398 Milne Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 1398 Milne Road
Answers come straight from this home’s MLS® listing.
How much is 1398 Milne Road listed for, and what would it cost each month?
1398 Milne Road is listed for $1,495,000. With 20% down ($299,000), the mortgage payment would be roughly $6,030 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,452 a month, all in. That figure is an illustration, not a quote.
Is 1398 Milne Road freehold or a condo, and is there a monthly fee?
1398 Milne Road is a waterfront cottage in Oakley, Bracebridge. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 1398 Milne Road have?
1398 Milne Road has 2 bedrooms, plus 2 more bedrooms in the basement, and 2 bathrooms. The listing gives the style as 2-storey.
Does 1398 Milne Road have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
Does 1398 Milne Road have a finished basement?
The listing describes the basement as finished, finished with walk-out, full. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 1398 Milne Road?
1398 Milne Road is a waterfront cottage. A waterfront cottage has its own shoreline on a lake, river or bay, so the frontage, the shoreline and the way it faces matter as much as the building.
How big is 1398 Milne Road, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 107 x 744 ft.
How is 1398 Milne Road heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 1398 Milne Road?
Property taxes are $5,053 a year (2025), or about $421 a month.
Where is 1398 Milne Road?
1398 Milne Road is in the Oakley community of Bracebridge. The nearest main intersection is Hwy 118# & Milne Road. The postal code is P1L 1X1.
Is 1398 Milne Road still for sale?
Yes. It is an active listing (MLS® X13843512). Listings here update from the board through the day and come down once a home sells.
What are similar cottages near 1398 Milne Road asking?
Similar cottages for sale nearby right now include 1216 Miriam Drive at $1,398,000 (3+1 bed), 402 - 200 Anglo Street at $1,295,000 (2+1 bed) and 304 - 200 ANGLO Street at $1,100,000 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1398 Milne Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1398 Milne Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar cottages nearby
More cottages for sale near Oakley, picked by style, size and price.
Waterfront cottage$1,398,0001216 Miriam Drive, Bracebridge3+1 bed · 3 bath · OakleyCourtesy of: RE/MAX EXPERTSView home →
Resort condo$1,295,000402 - 200 Anglo Street, Bracebridge2+1 bed · 2 bath · BracebridgeCourtesy of: RE/MAX Professionals NorthView home →
Resort condo$1,100,000304 - 200 ANGLO Street, Bracebridge2 bed · 1 bath · BracebridgeCourtesy of: Chestnut Park Real EstateView home →Courtesy of: RE/MAX Professionals North
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.