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For saleListed 19 days agoMLS® X13828088

3 - 1378 THREE MILE LAKE Road, Muskoka Lakes, ON P0B 1M0

Watt, Muskoka Lakes · Near Three Mile Lake Rd 1 · View map

$849,000
4+1Beds
3Baths
2000–2500Sq ft
Waterfront cottageType
Detached · 2 spacesGarage
7 totalParking
Finished with Walk-Out, FullBasement
$3,266/yrTaxes
Call / Text Will
$849,000
FreeholdNo monthly condo fee
Detached garage7 parking spaces in total
Finished basementWith a walk-out
Lot 100 x 190 ftThe land comes with the home
WaterfrontOn the water
Central airCool all summer

About this home

SUPREME VALUE ON THREE MILE LAKE - AN EXCEPTIONAL MUSKOKA WATERFRONT OPPORTUNITY. Wake to quiet mornings on Three Mile Lake as the sun dances across the water. In the evening, retreat to the Muskoka Room and watch the sun set over Hammell's Bay from the spectacular west-facing vantage point. Set on beautiful shoreline, this custom-built 5-bedroom, 3-bathroom home offers a coveted Muskoka setting. The waterfront suits every generation, with a gentle shallow entry for children and deeper water off the dock for swimming, boating and summer days on the lake.Inside, bright, welcoming spaces are designed for relaxed cottage living and comfortable year-round use. Open-concept living areas showcase water views from nearly every window, while the five-bedroom layout provides ample room for family, guests and extended stays.The full walk-out lower level features a self-contained suite with its own kitchen, living area and bathroom-ideal for extended family, private guests or potential income use.Multi-level decks invite outdoor dining and entertaining, while the fire pit sets the scene for evenings under the stars. The oversized two-car garage/workshop and generous parking add everyday convenience. Located on a year-round road with easy access to Bracebridge, Huntsville and Windermere, this property offers the rare combination of a peaceful cottage escape and a comfortable full-time home. A family residence. A legacy cottage. An investment opportunity. Boating, swimming, fishing and sunset evenings on the water-this is Three Mile Lake living at its finest. VALUE PLUS PLUS Call for your private viewing.

The home

Type
Waterfront cottage
Style
2-Storey
Square footage
2000-2500 sq ft
Bedrooms
4
Basement bedrooms
1
Bathrooms
3
Kitchens
2
Rooms
22
Basement
Finished with Walk-Out, Full
Lot size
100 x 190 ft
Faces
North
View
Water, Lake, Meadow
Approximate age
31-50 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Wood, Board & Batten

Heating & cooling

Heating fuel
Oil
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Garage
Detached
Garage spaces
2
Driveway spaces
5
Total parking
7
Parking features
Private

Taxes & other

Property taxes
$3,266/yr
Tax year
2025
Occupancy
Partial
Possession
Flexible
Cross street
Three Mile Lake Rd 1
Neighbourhood
Watt

More

Price per sq ft
~$377 (at 2,250 sq ft)
Listed
Sep 25, 2026 · 19 days ago
MLS® number
X13828088

The home and its surroundings

  • Water Heater Owned
  • Waterfront
  • Terraced
  • Part Cleared
  • Clear View
  • Deck
  • Fishing
  • Year Round Living
  • Privacy
Want to know something that isn’t listed?
Estimated monthly cost$3,697per month, all in
  • Mortgage
  • Property tax

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.

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    1378 THREE MILE LAKE Road, Muskoka Lakes, ON P0B 1M0

    Watt, Muskoka Lakes · Near Three Mile Lake Rd 1

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    Sold history

    Listing history for 1378 THREE MILE LAKE 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.

    Questions & answers

    Frequently asked questions about 3 - 1378 THREE MILE LAKE Road

    Answers come straight from this home’s MLS® listing.

    How much is 3 - 1378 THREE MILE LAKE Road listed for, and what would it cost each month?

    3 - 1378 THREE MILE LAKE Road is listed for $849,000. With 20% down ($169,800), the mortgage payment would be roughly $3,425 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,697 a month, all in. That figure is an illustration, not a quote.

    Is 3 - 1378 THREE MILE LAKE Road freehold or a condo, and is there a monthly fee?

    3 - 1378 THREE MILE LAKE Road is a waterfront cottage in Watt, Muskoka Lakes. 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 3 - 1378 THREE MILE LAKE Road have?

    3 - 1378 THREE MILE LAKE Road has 4 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms. The listing gives the style as 2-storey.

    Does 3 - 1378 THREE MILE LAKE Road have a garage and parking?

    Yes. The listing shows the garage as detached, with room for 2 cars. The driveway adds 5 spaces. In total the listing counts 7 parking spaces.

    Does 3 - 1378 THREE MILE LAKE Road have a finished basement?

    The listing describes the basement as finished with walk-out, full. It counts 1 bedroom 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 3 - 1378 THREE MILE LAKE Road?

    3 - 1378 THREE MILE LAKE 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 3 - 1378 THREE MILE LAKE Road, and what is the lot size?

    The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 100 x 190 ft.

    How is 3 - 1378 THREE MILE LAKE Road heated and cooled?

    Heating is forced air (oil). Cooling is central air.

    What are the property taxes for 3 - 1378 THREE MILE LAKE Road?

    Property taxes are $3,266 a year (2025), or about $272 a month.

    Where is 3 - 1378 THREE MILE LAKE Road?

    3 - 1378 THREE MILE LAKE Road is in the Watt community of Muskoka Lakes. The nearest main intersection is Three Mile Lake Rd 1. The postal code is P0B 1M0.

    How long has 3 - 1378 THREE MILE LAKE Road been on the market?

    3 - 1378 THREE MILE LAKE Road was listed on September 25, 2026. It has been on the market for 19 days. It is an active listing (MLS® X13828088). Listings here update from the board through the day and come down once a home sells.

    What are similar cottages near 3 - 1378 THREE MILE LAKE Road asking?

    Similar cottages for sale nearby right now include 10 - 1326 Windermere Road at $990,000 (4+1 bed), 8-1125 Carlo Enterprise Road at $999,900 (4 bed) and 1-1216 Shea Road at $849,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1378 THREE MILE LAKE 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 3 - 1378 THREE MILE LAKE 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 647-619-2256.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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