$2,499,000
For sale: Detached

Commanding one of the finest lots on Lake Couchiching, this exceptional waterfront estate is positioned at the end of a quiet dead-end street, offering a rare opportunity to own and improve an irreplaceable piece of shoreline. Boasting 100 feet of sandy-bottom waterfront and eastern exposure, you'll enjoy breathtaking sunrises from the expansive new composite deck. Offering approximately 4,040 sq. ft. above grade, plus an additional 1,800 sq. ft. of finished lower-level living space, this residence has been designed to maximize both space and scenery. The main level features a formal living room, an elegant dining room, a spacious eat-in kitchen with a pantry, and a grand great room, all of which capture stunning waterfront vistas. A private office, main-floor laundry, a powder room, and a walkout to an oversized 50.7' x 20.7' garage complete this level. Upstairs, you'll find four generously sized bedrooms, including two lakefront suites with private en-suites. The primary bedroom also features a walk-in closet and spectacular water views, while an additional full bathroom serves the remaining bedrooms. The refreshed lower level offers new flooring throughout. It includes a den, a full bathroom, a recreation room, a games room, a family room, and a walk-up, creating excellent potential for entertaining or extended-family accommodations. Recent updates include a brand-new metal roof (2025), an updated retaining wall, basement waterproofing, and additional features include forced-air gas heat, central air conditioning, whole-home generator, 400-amp service, drilled well, waterproofed foundation, positive drainage, central vacuum, intercom system, air exchanger, and in-ground sprinkler system. A truly remarkable waterfront offering where privacy and location combine to create a legacy property awaiting its next proud owner to renovate. **Some photos are Virtually Staged and remodeled to show potential**
Sold data
Detached homes in Severn took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 62, across 73 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $739,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 73 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.
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