0 THOMPSON PORTAGE ROAD, Lake of Bays (Franklin)

$898,800

For sale: Vacant Land

Vacant Land at 0 THOMPSON PORTAGE ROAD, Lake of Bays (Franklin)
Property type
Vacant Land
MLS®
MLS® X13817744
Neighbourhood
Franklin

A rare waterfront building site roughly 213 ft of shoreline. (2.2 Acres) Approved Community Permit Plan For 18m Set Back From High Water Mark!! In the heart of Dwight with a well-packed sandy shoreline, east facing bay and mature hardwood trees. This property has plenty of privacy and a gentle slope toward the lake-an exceptional setting for a custom walkout cottage overlooking the lake with a natural granite backdrop. The shoreline offers an attractive location for a dock and a possible boathouse overlooking the beautiful bay. From the dock, there would be an open water channel view, all of the above creating an opportunity to design a cottage property that takes advantage of sunlight, unique views with lovely sunrises, and Lake Of Bays pristine water. Located near the end of a quiet, no-exit road, maintained throughout all 4 seasons by the owners along the road. Exceptional privacy!! Hydro and High Speed Fibre Optic Internet is already there and this lot boasts giant, old growth hardwood trees. The property continues beyond the granite outcrop to a road behind. There is potential to add some steps on the low side of the hill to have better access to the upper area. With grooming, this part could add an area for recreation, such as snow or ski-shoeing. There is also potential to add a storage structure at the back of the property. A significant amount of LOT-scaping has already been done on the lower part of the property area, including ditches and culverts. Immerse yourself in the serene tranquility of Lake Of Bays!! This nature lovers paradise is also just mere minutes from all amenities. You'll find shopping, dining, and a top-tier golf courses just a short drive away, making this property the ideal secluded waterfront living without lacking creature comforts. This is more than just a piece of land, it's a gateway to the Muskoka lakefront lifestyle. A promising investment in highly coveted Lake Of Bays. Life is better at the lake!!

Sold data

Homes in Franklin — recent sold market

Homes in Franklin took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 86, across 43 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 67 days.

The median sale price was $1,200,000.

Homes sold for about 4.9% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$1,200,000
Sale-to-list ratio
95.1%
Sold above asking
9%

Based on 43 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 0 THOMPSON PORTAGE ROAD