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1025 & 1027 BIG ISLAND ROAD, Prospect Lake

Property Overview - House For sale

Price$ 899 999
MLS® #X13088138TypeHouse
Bedrooms7 BedBathrooms3 Bath
WaterfrontProspect LakePostal CodeP1L1X1

Two Cottages. One Carefree Summer Story. Tucked along the shores of Prospect Lake with coveted southwest exposure, this rare lakeside package delivers something almost unheard of two fully equipped cottages on one beautiful lot. Its the kind of setup families dream about. One for you. One for them. Both with kitchens, bathrooms & bedrooms so everyone can come together without being on top of each other. At the heart of the property sits the main cottage: warm, welcoming & surrounded by tall pines. With 5 bedrooms & 2 baths, theres space to sleep a crowd & gather for games, meals, & early-morning coffee. A short stroll away, the 2nd cottage offers 3 bedrooms, a 3PC bath, its own kitchen, and a peaceful retreat just far enough for privacy but close enough to stay connected. Across the quiet lane, the shoreline invites you in. A 40' dock reaches out into the lake, with approx. 12' of depth off the end ideal for swimming, docking, or diving into summer. The sun-drenched, gently sandy shoreline is perfect for all ages. This is cottage life, uncomplicated where sand ends up in bedsheets, dinners are BBQd, & no ones fussing over perfect. Evenings settle into bonfires, marshmallows, & picture-perfect starry nights. Multiple upgrades add peace of mind, including a new septic system installed in 2021. A detached garage currently houses laundry & adds storage for the toys that make lake life even better. With two self-contained cottages, this property also presents a strong investment opportunity ideal for short-term vacation rentals, long-term tenants, or simply a shared family investment with excellent potential for rental income. Whether shared between siblings, passed down through generations, or held close as your own retreat, this is the kind of property that becomes part of your family story. Sun-soaked dock days. Campfire nights. Room for everyone. This is the cottage you've been waiting for.

Land Details

WaterfrontProspect Lake
Size Frontage100
Size Depth239 ft ,1 in
Lot size100.1 x 239.1 FT
Ownership TypeFreehold
Zoning DescriptionSR1

Building Details

TypeHouse
Property TypeSingle Family
Bathrooms Total3
Bedrooms Above Ground7
Bedrooms Total7
Cooling TypeNone
Exterior FinishBrick, Vinyl siding
Foundation TypeWood/Piers, Block
Half Bath Total1
Heating FuelElectric
Heating TypeBaseboard heaters
Utility WaterLake/River Water Intake

Rooms

Ground levelBedroom1.96 m x 2.24 m


This listing of a Single Family property For sale is courtesy of MELISSA BRADBURY from Peryle Keye Real Estate Brokerage

Information on Prospect Lake

Prospect Lake Size69 Ha171 acres
Prospect Lake Perimeter5.90 km43 miles
Island Shoreline1.80 km1 miles
Prospect Lake Depth20 m226 ft
Prospect Lake Mean Depth8.00 m26 ft
Altitude of Prospect Lake305 m1001 ft
DistrictProspect Lake is in the District of Muskoka
MunicipalityProspect Lake is in the Municipality of Bracebridge
TownshipProspect Lake is in the Township of Draper
Drainage BasinKahshe River
Wetland Area11%
Watershed Area9.6 km6 miles
Water ClarityProspect Lake has a water clarity of 3.40 m11 ft
Phosphorus content in water7.50 ug/L

Census Data of Bracebridge Municipality

2016 Population of Bracebridge: 9,232
2011 Population of Bracebridge : 9,030
Population Growth of Bracebridge : 2 %
Total private dwellings in Bracebridge : 4,234
Dwellings by residents in Bracebridge : 4,062
Density of Bracebridge : 4,062 per sq km
Land Area of Bracebridge: 4,062 sq km
Bracebridge is in the District of Muskoka

Census Data for The District of Muskoka

Population: 60,599 (2016) 4.5% increase over 2011 population of 58,017
The total number of dwellings is 46,207 of which 25,431 are full time residents
The land area of Muskoka is 3,940 sq km's (1,521 sq miles) and has a density of 15 per sqare km

Data is from the 2016 Government Census