Gurvinder Nokwal REALTOR®
For Sale Detached 18 days on market

$1,495,000

Est. payment $6,620/moCalculate yours

1398 Milne Road, Bracebridge, ON P1L 1X1

Oakley, Bracebridge, ON P1L 1X1

  • 2 + 2 Beds
  • 2 Baths
  • 1,100 Sq Ft

Listing courtesy of RE/MAX Professionals North MLS® X13843512

About this home

OPEN HOUSE-SAT OCT 17th @ 2-4 PM. Nothing says “Summer in Muskoka” quite like this exceptional Wood Lake retreat! Nestled in the middle of the PRIME AND HIGHLY COVETED NORTH SHORE OF WOOD LAKE, known for it’s expansive island dotted views, gentle topography, sand beaches and premium southerly exposure, this charming 4 bdrm, 2 bthrm, 2200 sq ft cottage is conveniently located on a year round road just 20 minutes from the quaint Town of Bracebridge and approx 2.5 hours from the GTA. This unique waterfront property with 107 feet of waterfront and approx. 4 acres is a rare offering and captures the essence of classic cottage living with a rustic and relaxed beach house vibe. JUST 60 ft FROM THE WATER’S EDGE, the cottage sits on a level/gentle lot with expansive lakeside yard area, 3 ground level decks and 14′ x 20′ dock sitting area that provide the perfect setting for the entire family to relax and entertain by the water with plenty of friends. Inside, the two level cottage exudes warmth and character with tongue and groove pine walls and ceilings, exposed wood beams and wide plank pine flooring. The bright and spacious main level features an open concept Great Room combining the living, dining, and kitchen areas, complete with a large centre island and cozy sitting area anchored by a wood burning fireplace. Two bedrooms, a 3 piece bathroom with tiled shower and a walkout to the full width lakeside deck complete the main floor. The lower level provides additional space for family and guests, offering a comfortable family room, 2 more bedrooms, a second 3 piece bathroom with tiled shower, laundry area and walkout to the waterfront side of the property. Additional features include a 50 foot dock, dug well, 10′ x 16′ bunkie and 8′ x 12′ storage shed. A rare opportunity to enjoy the ultimate Muskoka waterfront lifestyle.

Property details

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
New
Approximate Age
31-50
Size
1,100 sqft

Interior

Bedrooms
2 + 2
Bathrooms
2
Kitchens
1
Basement
Finished, Finished with Walk-Out, Full

Building & Systems

Heating
Baseboard (Electric)
Cooling
None
Exterior
Wood
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Other
Sewer
Septic

Lot & Parking

Lot Size
107 x 744 Feet
Parking
None garage · 6 total

Financial

Property Taxes
$5,053 (2025)

Location

Neighbourhood
Oakley
Cross Street
Hwy 118# & Milne Road
Direction Faces
South

Listing

MLS® Number
X13843512
Days on Market
18
Listed On
2026-09-30
Listed By
RE/MAX Professionals North

Rooms

Room Level Dimensions
Bedroom 2 Main 9′ 4″ × 7′ 9″
Bathroom Main 4′ 11″ × 7′ 10″
Bedroom 4 Lower 10′ 6″ × 10′ 2″
Bathroom Lower 7′ 5″ × 5′ 0″
Bedroom 3 Lower 11′ 7″ × 14′ 3″
Bedroom Main 11′ 6″ × 9′ 4″
Family Room Lower 1781′ 6″ × 21′ 7″
Great Room Main 31′ 7″ × 23′ 4″
Utility Room Lower 7′ 5″ × 11′ 1″

Features

Interior

  • Water Heater Owned

Property

  • Level
  • Waterfront
  • Wooded/Treed

Pool

  • None
Included
See Schedule "C"
Excluded
See Schedule "C"

Mortgage calculator

Minimum for this price: $124,500 (8.33%)

Amortization, years

Estimated mortgage payment

$6,620 per month

Principal and interest
$6,620
Property tax
$421
Estimated monthly cost
$7,041

Your mortgage

Mortgage amount
$1,196,000
Mortgage insurance
Not needed
Interest over 25 years
$789,861

Cash to close

Down payment
$299,000
Land transfer tax
$26,375
Total, before legal fees
$325,375
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

1398 Milne Road, Bracebridge, ON P1L 1X1 Oakley, Bracebridge, ON P1L 1X1
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,495,000 1398 Milne Road, Bracebridge, ON P1L 1X1
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