Sold for:Sold Mar 17, 2026
$1,549,900

1079 Spence Lake Drive

Bracebridge (Draper), ON P1L 0A1

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 1079 Spence Lake Drive, Bracebridge, Draper

2026-03-11
2026-03-17
Sold
Price
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MLS#
x12869416

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About 1079 Spence Lake Drive, Bracebridge, Draper

Summarized Description

  • Custom bungalow with waterfront access on Spence Lake.
  • Large windows offer stunning lake views.
  • Four-season sunroom opens to back deck.
  • Main-floor primary suite with walk-in closet.
  • Flexible layout with additional bedrooms downstairs.
  • High-quality septic system and year-round access.
  • Engineered white oak flooring throughout the home.
  • Quiet location just five minutes from downtown Bracebridge.

Five minutes from downtown Bracebridge, at the end of a quiet road, there's a lake many people don't even realize exists. And when you're standing here looking across the water, it's hard to believe you're this close to town. Welcome to Spence Lake! Set along approx 180' of shoreline, the water wraps gently around the property. A beautiful mix of sandy beach, natural rock, shallow entry for swimming, and deeper water off the dock. The bay feels quiet and protected, and it's a gentle lot with stone steps leading to both the beach and the dock. This is the kind of shoreline every family hopes to find, and a place where great memories naturally unfold. Built in 2019, the home itself is a gorgeous custom bungalow designed to work beautifully as either a year-round home or a four-season cottage. Year-round access, an extended and widened driveway, and a high-quality septic system mean the practical pieces are already in place. Inside, the design really takes advantage of the setting. Large windows frame the lake making the views a natural focal point. The layout brings together a show-stopping living room with fireplace, a well-appointed kitchen, and a four-season sunroom opening to the back deck. Engineered white oak flooring flows throughout. The main-floor primary suite features a walk-in closet and ensuite. Downstairs offers flexibility with three more bedrooms and a full guest bathroom. One bedroom mirrors the main floor primary and offers a rough-in for a future ensuite. Here the lake views continue, creating the perfect space for movie nights, or simply spreading out. When summer arrives, it's paddle boards and boats on the water, sandcastles, BBQs with friends, and evenings lost in the hot tub or around the fire. Soffit lighting, soundproofed interior walls, ICF on the lower-level, AC, & a GenerLink highlight the quality of features here. Experiencing a place like this in person changes the way you see waterfront living. This might just be the one!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,384
Land Transfer Tax Fee
$27,473

Rental Items

Rental Equipment
Two (2) Propane Tanks
Under Contract
Propane Tank

Basement Type
Walk-Out, Finished

Interior Features

Laundry Level
Lower Level
Interior Extras
Primary Bedroom - Main Floor, Rough-In Bath, Water Heater Owned, Propane Tank
View
Forest, Clear, Lake, Water
Fireplace/Stove
Yes
Fireplace Features
Living Room
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Lighting, Year Round Living, Hot Tub, Porch
Pool
None
Property Features
Lake Access, Waterfront, Beach, Lake/Pond, Wooded/Treed, Cul de Sac/Dead End
Other Structures
Shed

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Wood
Roof
Asphalt Shingle
Foundation Details
Insulated Concrete Form
Special Designation
Unknown

Lot

Lot Front
180.00 ft
Lot Depth
221.00 ft
Lot Shape
Pie

Inclusions

Inclusions
Window Coverings, All Appliances, Stand Up Freezer in Utility Room, Hot Tub

Exclusions

Exclusions
Trampoline, Shed Contents, All Water Toys, All Furniture, Mirror in Primary Ensuite, PK Decor & Staging Items including any Curtains & Curtain Rods that belong to PK

Parking & Garages

Garage Type
None
Garage Spaces
5
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Well
Sewers
Septic

Bedrooms
4
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Sunroom—
    Main level
  • Primary Bedroom—
    Main level
  • Bathroom—
    Main level, 4 Pc Ensuite
  • Bathroom—
    Main level, 2 Pc Bath
  • Recreation—
    Lower level
  • Bedroom—
    Lower level
  • Bedroom—
    Lower level
  • Bedroom—
    Lower level
  • Bathroom—
    Lower level, 4 Pc Bath
  • Laundry—
    Lower level
  • Other—
    Lower level
  • Utility Room—
    Lower level

Washrooms

  • 2-piece, Main
  • 4-piece, Main
  • 4-piece, Lower

Municipality
Bracebridge
Neighbourhood
Draper
Main cross streets
Fredrick Street - Spence Lake Drive
Zoning
SR1
Directions
HWY 11 - Fredrick Street - Spence Lake Drive
Waterfront
Direct

MLS® number
X12869416
Data source
Toronto Regional Real Estate Board
Status change
2026-03-17
Listed on
2026-03-11
Days on market
6 days
Possession type
Flexible
Co-op commission
2.5% +HST
Seller
Listed by
Peryle Keye Real Estate Brokerage

Home Market Value

Current home valuation for 1079 Spence Lake Drive, Bracebridge, Draper, Bracebridge, ON. Listed for $1,549,900

HOMEH Estimate

?

$1,251,434

Estimated Sales Range

?

$876,004 - $1,626,864

HOMEH Estimate for 1079 Spence Lake Drive, Bracebridge, Draper

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,251,434Low confidence
Based on 8 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Land Transfer Tax

Provincial

$27,473

Total Land Transfer Tax

$27,473

Around this home

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Muskoka Falls

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