1326 KAWAGAMA LAKE ROAD
Algonquin Highlands (Sherborne), Ontario
MLS® X13529170
$2,399,900
- Status
- Active
- Property type
- House
- MLS® number
- X13529170
- Bedrooms
- 7
- Bathrooms
- 8
- Year built
- —
1 / 24Listing description
Exceptional residential and/or commercial possibilies and opportunities abound on this unique, 10+ acre waterfront property with 1,200' on the Hollow River that has navigable boat access to MUSKOKA'S esteemed LAKE OF BAYS. Introducing a rare chance to own a piece of Cottage Country's iconic, maturely treed landscaped gems, located just minutes from the charming town of Dorset, Ontario. Currently home to the historic "Hollow Valley Resort" is now being offered for sale as a turnkey resort and land asset investment with lots of potential to expand the business under C3-3 zoning.
This offering includes the land, a spacious and renovated main lodge of 4,000+ sq ft with 7 rentable bedrooms (each with their own ensuite bathrooms), large septic system, drilled well and all 12 existing buildings on site (with newer roofs). There is significant potential to have up to 30 cabins and future development. This 4~season property is currently undergoing a thoughtful revitalization, together with the vision of restoring it into a premier 5-star resort destination.
Muskoka-Haliburton tourism is growing steadily year after year and the supply of waterfront properties becoming increasingly scarce, so now is the time to secure your place in one of Ontario's most desirable regions. Whether you're looking to hold for appreciation, develop, continue operating as a resort or retreat, OR use as an extended FAMILY COMPOUND, this is a land opportunity you won't want to miss. For visionary investors only, this is your chance to own an irreplaceable part of Cottage Country.
Enjoy 1000's of acres of crown land nearby, scattered with trails for activities associated with each of the seasons! Begin your own story and memories here! Located 2.
5 hours from Toronto.
Property summary
- MLS® number
- X13529170
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 1260 x 900 FT
- Annual property taxes
- $8,881.26
- Parking
- 20 spaces · No Garage
- Days on market
- 84 days
Features & details
- Heating
- Forced air, Propane
- Cooling
- None
- Basement
- Full
- Exterior features
- Wood
- Lot features
- Wooded area, Sloping, Level
- Community features
- School Bus, Community Centre, Fishing
- View
- River view, Direct Water View
- Waterfront
- Waterfront on river
What would this home cost you?
Based on the $2,399,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Forest Hill Real Estate Inc., DORSET.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.