Open house
Sat, Oct 17·2:00 p.m.–4:00 p.m.(Public)
Listed for:Listed 17 days ago
$1,495,000

1398 Milne Road

Bracebridge (Oakley), ON P1L 1X1

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 1398 Milne Road, Bracebridge, Oakley

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1398 Milne Road, Bracebridge, Oakley

Summarized Description

  • Exceptional waterfront property on Wood Lake.
  • Spacious 4 bedroom, 2 bathroom cottage.
  • Nestled on 4 acres with 107 feet of waterfront.
  • Open concept Great Room with wood burning fireplace.
  • Three ground level decks for entertaining.
  • Two additional bedrooms in lower level.
  • 20 minutes from Bracebridge, year-round access.
  • Classic cottage living with rustic beach house vibe.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,053
Land Transfer Tax Fee
$26,375

Basement Type
Finished, Finished with Walk-Out, Full

Interior Features

Laundry Level
Lower Level
Interior Extras
Water Heater Owned
View
Beach, Forest, Lake, Trees/Woods
Fireplace/Stove
Yes
Fireplace Features
Fireplace Insert, Wood
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped
Pool
None
Property Features
Level, Waterfront, Wooded/Treed
Other Structures
Garden Shed

Building

Building Type
Detached
Building Style
2-Storey
Approx Age
31-50

Construction

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

Lot

Lot Front
107.00 ft
Lot Depth
744.00 ft
Lot Size
3.14
Lot Shape
Irregular

Inclusions

Inclusions
See Schedule "C"

Exclusions

Exclusions
See Schedule "C"

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Other
Sewers
Septic
Natural Gas
No
Hydro
Yes
Cable
No
Telephone
Available

Bedrooms
2 + 2
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Bedroom 2—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Bedroom 4—
    Lower level
  • Bathroom—
    Lower level
  • Bedroom 3—
    Lower level
  • Bedroom—
    Main level
  • Family Room—
    Lower level
  • Great Room—
    Main level
  • Utility Room—
    Lower level

Washrooms

  • 3-piece
  • 3-piece

Municipality
Bracebridge
Neighbourhood
Oakley
Main cross streets
Hwy 118# & Milne Road
Directions
Hwy 118E to Milne Road
Waterfront
Direct

MLS® number
X13843512
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-30
Updated on
2026-10-13
Days on market
17 days
Possession date
2026-10-30
Possession type
Flexible
Co-op commission
2.25
Seller
Listed by
RE/MAX Professionals North

Home Market Value

Current home valuation for 1398 Milne Road, Bracebridge, Oakley, Bracebridge, ON. Listed for $1,495,000

HOMEH Estimate

?

$1,450,000

Estimated Sales Range

?

$870,000 - $2,030,000

HOMEH Estimate for 1398 Milne Road, Bracebridge, Oakley

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

$1,450,000Low confidence
Based on 12 comparable properties
+ $45,000 (3%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Bracebridge, ON
Minimum Down Payment Required:8.3%

5% on first $500K + 10% on $995,000 over $500K

Minimum down payment

$124,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$54,777$41,711$35,581$0
=Total mortgage
$1,424,197$1,387,211$1,306,331$1,196,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,954monthly$6,773monthly$6,378monthly$5,839monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$26,375

Total Land Transfer Tax

$26,375

Around this home

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