1160 BUTTERFLY ROAD, Muskoka Lakes (Medora)

$900,000

For sale: Detached

Detached at 1160 BUTTERFLY ROAD, Muskoka Lakes (Medora)
Property type
Detached
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13526356
Neighbourhood
Medora

Escape to the peace and privacy of Muskoka with this exceptional year-round waterfront retreat on spectacular Butterfly Lake. Tucked away at the end of a quiet residential street with only one neighbouring property, this rare offering boasts over 250 feet of pristine shoreline and 99 acres of land (with only approximately 25 acres designated EP), providing endless opportunities to enjoy today while offering incredible future potential. Expand the property with additional bunkies, guest cabins, or a private recreational retreat (subject to approvals), with potential for a future two-car garage (subject to approvals).Step outside and stroll along the boardwalk to your floating dock, where you can fully embrace Muskoka waterfront living. The spacious deck off the home creates an inviting outdoor living space, perfect for gathering with family and friends while enjoying the peaceful surroundings. Snowmobile trails run through the backyard and connect to the area's extensive trail network, providing exceptional four-season recreation right from your property.Located just minutes from the charming village of Port Carling, with a gas station, LCBO, and convenience store just up the road, and approximately 1 hour 40 minutes from the GTA, this property offers the perfect blend of convenience, privacy, and tranquility. Currently licensed as a Short-Term Rental, it also presents an excellent opportunity to generate rental income while owning a true Muskoka escape. Some Photos are VS Staged

Sold data

Detached homes in Muskoka Lakes (Medora) — recent sold market

Detached homes in Muskoka Lakes (Medora) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 61, across 81 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $1,549,000.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$1,549,000
Sale-to-list ratio
96.2%
Sold above asking
9%

Based on 81 recorded sales in the last 90 days — 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 1160 BUTTERFLY ROAD