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For saleListed 13 days agoMLS® X13836944

775 556 Highway, Algoma, Unorganized, North Part, ON

Algoma, Unorganized, North Part · Lower Island Lake · View map

$1,995,000
3Beds
4Baths
5000 +Sq ft
Lower Island LakeWaterbody
152 ftFrontage
2-StoreyStyle
0.929 acresLot
Municipal RoadAccess
$3,327/yrTaxes
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$1,995,000
Direct waterfrontOn Lower Island Lake
152 ft of frontageMeasured along the water
Four-seasonBuilt for year-round use
Water accessReached by boat

About this property

An exceptional waterfront estate on Lower Island Lake, 775 Highway 556 offers a scale and presence rarely found in the surrounding market. Set on approximately 0.93 acre with an extraordinary 500 feet of shoreline wrapping around a prominent point, the property enjoys expansive water views and an immersive connection to the lake from multiple sides. At approximately 5,900 square feet, the custom residence delivers a distinctive Northern Ontario lodge aesthetic defined by substantial timber detailing, natural stone, soaring architectural lines and extensive lakeside glazing. Generous principal rooms provide exceptional space for family and entertaining, while the home's thoughtful orientation places the waterfront at the centre of the experience. Outside, extensive decking and covered outdoor living areas transition seamlessly toward beautifully maintained grounds and the shoreline beyond. The point configuration creates an impressive sense of waterfront presence, with established landscaping, docking and multiple vantage points from which to enjoy the peaceful Lower Island Lake setting. Adding considerably to the offering are two double garages, providing outstanding capacity for vehicles, boats, recreational equipment, workshop space or collections-a particularly valuable complement to a property designed for four-season Northern Ontario living. Generous craft room plus additional recreational areas perfectly complement the living space. Substantial in every respect, this is far more than a conventional lake house. It is a complete waterfront estate combining approximately 5,900 square feet of living space, remarkable shoreline, extensive infrastructure and unmistakable lodge character within one cohesive property. 775 Highway 556 represents a rare opportunity to acquire a difficult-to-replicate waterfront holding just outside Sault Ste. Marie-equally suited to year-round living, an extended family retreat or a lasting Northern Ontario legacy property.

The property

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Bedrooms
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Parking
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Garage
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Waterfront

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Shoreline
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Lot & taxes

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Listing

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Estimated monthly cost—Mortgage, property tax and insurance
  • Mortgage
  • Property tax
  • Insurance

Cash needed to close

  • Down payment
  • Ontario land transfer tax
  • Legal fees and title insurance (est.)
  • Inspections: building, septic, water (est.)
  • Total to close

Estimates for illustration only. Recreational property can need a larger down payment and a different rate than a city home. See how cottage financing works.

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775 556 Highway, Algoma, Unorganized, North Part, ON

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Listing courtesy of Sotheby's International Realty Canada. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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