M81 PINE ISLAND #1 & 1B Island, Muskoka Lakes, ON P1L 1W8
Muskoka Lakes
A rare opportunity to create a legacy family compound on iconic Lake Muskoka. Set on picturesque Pine Island, this exceptional west-facing offering combines a beautifully appointed waterfront cottage with an adjoining vacant lot, providing an extraordinary 618 feet of shoreline and over 4.3 acres of private waterfront. Just a 5-minute boat ride from Gordon Bay on Lake Muskoka, this water-access property offers the perfect balance of convenience, privacy, and the timeless Muskoka lifestyle. The existing 3,919 sq. ft. cottage features 4 bedrooms and 4 bathrooms, nestled among mature trees and overlooking the lake with breathtaking sunset views. At the water's edge, the three-slip, two-storey boathouse creates an incredible setting for entertaining, relaxing, and making lasting memories with family and friends. The boathouse also offers an additional 1-bedroom, 1-bathroom guest accommodation, while all three boat slips are equipped with Sunstream boat lifts. Two additional Sea-Doo slips with Sunstream lifts further enhance this exceptional waterfront setup. The adjoining vacant lot further elevates this unique offering, presenting exceptional development potential with deep water, easy building conditions, and the ability to construct a custom cottage with a total development footprint of approximately 6,000 square feet, including the opportunity for a two-storey boathouse (subject to applicable approvals and regulations). Whether enjoyed as an expansive private estate, a multi-generational family compound, or a legacy property to be cherished for generations, opportunities like this on Lake Muskoka are exceptionally rare.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for M81 PINE ISLAND #1 & 1B Island, Muskoka Lakes, ON P1L 1W8
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13542488
Listed by Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty
On market since Jul 9, 2026






M81 PINE ISLAND #1 & 1B Island, Muskoka Lakes, ON P1L 1W8 is listed for $4,615,000 CAD.
M81 PINE ISLAND #1 & 1B Island, Muskoka Lakes, ON P1L 1W8 has 5 bedrooms and 5 bathrooms.
M81 PINE ISLAND #1 & 1B Island, Muskoka Lakes, ON P1L 1W8 is a Detached.
M81 PINE ISLAND #1 & 1B Island, Muskoka Lakes, ON P1L 1W8 is in Muskoka Lakes, Ontario.
M81 PINE ISLAND #1 & 1B Island, Muskoka Lakes, ON P1L 1W8 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of M81 PINE ISLAND #1 & 1B Island, Muskoka Lakes, ON P1L 1W8 (MLS# X13542488). You can also send a message through the contact form on this site.