Oakley · P1L 1X1
$599,000
$545 / sq ft4 months on market
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Welcome to 3016 Highway 118, a charming bungalow set on just over 2 acres of beautifully treed land, offering the perfect balance of privacy, comfort, and country living. Located only 20 minutes from the heart of Bracebridge and with easy access to Highway 11, this peaceful property is surrounded by mature trees and abundant wildlife, creating a truly relaxing Muskoka setting.This well maintained 2 bedroom, 1 bathroom home features a bright open concept layout with large windows that fill the space with natural light. The living room offers warm hardwood floors, while the spacious kitchen and dining area provide plenty of room for entertaining family and friends. The bathroom includes a large soaking tub and separate walk in shower for added comfort.One of the standout features of this home is the incredibly spacious and versatile mudroom. Currently used as a laundry area, this space offers endless potential and could easily become a beautiful sitting room, reading nook, or cozy lounge overlooking the private backyard. With plumbing still in place from a former dog wash station, there is also potential for a future second bathroom.The unfinished basement offers high ceilings and plenty of opportunity to create additional living space to suit your needs. Recent updates include a propane forced air furnace and roof shingles completed in 2021. Outside, enjoy the circular driveway with two entrances, ample parking, a detached insulated and heated double garage with steel roof, and a spacious back deck perfect for enjoying morning coffee or evenings around the fire pit while taking in the peaceful surroundings. If you have been searching for a private country property with room to grow and make your own, this lovely bungalow is one you will not want to miss.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 25% of comparable detached listings in Oakley are asking less.
Based on 16 comparable active detached listings in Oakley. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $599,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Coldwell Banker The Real Estate Centre. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of Peryle Keye Real Estate Brokerage
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Listing courtesy of Royal LePage Lakes Of Muskoka Realty