$3,999,000
↓ $1,951,000 from $5,950,000
Est. payment $17,707/moCalculate yours
191-221 Pennie Avenue, Tehkummah, ON P0P 2C0
Tehkummah, ON P0P 2C0
- 4 + 3 Beds
- 7 Baths
- 1 Garage
- 5,000 Sq Ft
Listing courtesy of Sotheby's International Realty Canada MLS® X12114827
About this home
Welcome to “The Estate on Michael’s Bay”, one of the most exclusive properties on Manitoulin Island - an exceptional 116-acre waterfront estate featuring 928 ft of pristine shoreline on the crystal-clear waters of Lake Huron. The estate consists of a 9,000 sq ft log home, a 3,000 sq ft guest house, a 3,600 sq ft heated workshop, a private 2,500 ft airstrip and a private lake. Minutes from South Baymouth and just 85 minutes by plane from Toronto, this gated property offers ultimate privacy, convenience, and luxury. At the heart of the estate lies a breathtaking main residence that blends timeless log construction with concrete floors and radiant in-floor heating. A dramatic, floor-to-ceiling 4-sided wood-burning stone fireplace anchors the vaulted great room, surrounded by living, music, study, and sitting areas. The breakfast nook offers a place to relax in front of a wood-burning fireplace. The kitchen features a waterfall island, hidden pantry, wine cooler, Thor appliances, and beamed ceilings. A mud/laundry room, a guest suite with ensuite, and a 2-piece bath complete the main floor. Upstairs, a floating staircase with glass railing leads to the primary suite’s sitting area, 6-piece ensuite with soaking tub, double showers, dual vanities, and private deck. The lower level offers a games room with wet bar, fitness studio, family room, walkout bedroom, full bath, and unfinished spaces to add your touch. Outside, enjoy a hot tub, limestone waterfall, screen sunroom, landscaped terraces, and al fresco dining. The guest house includes 4 beds, 2.5 baths and a garage. The workshop features 3 oversized garage doors, EV charger, and an unfinished apartment. Backing onto 500+ acres of protected conservation land with hiking trails, this rare offering combines elegance, adventure, and legacy. Whether you’re seeking a refined second home, a family compound, or a nature-infused escape from city life, this extraordinary property delivers a once-in-a-lifetime opportunity.
Property details
Overview
- Property Type
- Detached
- Style
- Log
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 16-30
- Size
- 5,000 sqft
Interior
- Bedrooms
- 4 + 3
- Bathrooms
- 7
- Kitchens
- 2
- Basement
- Walk-Out
Building & Systems
- Heating
- Radiant (Propane)
- Cooling
- None
- Exterior
- Log
- Foundation
- Concrete
- Roof
- Shingles
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 928.64 x 5008 Feet
- Parking
- Detached garage · 11 total
- Zoning
- RU
Financial
- Property Taxes
- $29,957 (2024)
Location
- Cross Street
- Hwys 6/542
- Direction Faces
- South
Listing
- MLS® Number
- X12114827
- Days on Market
- 535
- Listed On
- 2025-05-01
- Listed By
- Sotheby's International Realty Canada
Rooms
Features
Interior
- Water Heater Owned
- Ventilation System
- Water Purifier
- Bar Fridge
- Built-In Oven
- Guest Accommodations
- In-Law Capability
- Sewage Pump
Property
- Waterfront
- Wooded/Treed
- Lake/Pond
- Clear View
- Electric Car Charger
- Greenbelt/Conservation
Pool
- None
- Included
- All Appliances
- Excluded
- Personal Possessions, Tools, Equipment, Furnishings, Artwork
- Rental items
- Propane Tanks
Mortgage calculator
Estimated mortgage payment
$17,707 per month
- Principal and interest
- $17,707
- Property tax
- $2,496
- Condo fees
- $0
- Estimated monthly cost
- $20,203
Your mortgage
- Mortgage amount
- $3,199,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $2,112,812
Cash to close
- Down payment
- $799,800
- Land transfer tax
- $86,450
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $886,250
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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