$849,000
481 Crego Lake Road, Kawartha Lakes, ON K0M 2A0
Somerville
Somerville · K0M 1N0
$874,000
$583 / sq ft4 months on market
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$849,000
Somerville
Tucked along the peaceful Burnt River, 355 Southam Drive is a rare waterfront retreat that captures the essence of relaxed cottage-country living with thoughtful design and timeless appeal. Created by respected local architect Alan Wilcox, the home blends character, comfort, and a strong connection to its natural surroundings. Inside, the home is bright and welcoming, with expansive windows throughout the principal living areas that frame tranquil views and fill the space with natural light. The kitchen is warm and functional, featuring maple countertops, a centre island, and an easy flow into the dining and living spaces. The living room offers a cozyatmosphere, while the sun-filled family room with wall-to-wall windows provides a stunning vantage point to enjoy the property year-round. The main level includes two comfortable bedrooms and a well-appointed 3-piece bathroom. Upstairs, a striking spiral staircase leads to a private loft-style primary suite complete with a spa-like ensuite and vintage clawfoot tub, creating a calm and restful retreat. Outdoors, the property truly shines. The entire back of the home (road-facing side) has been newly landscaped, creating a polished and inviting first impression. A brand-new fire pit area adds a perfect gathering space for evenings under the stars, while new fencing has been installed along the sides and riverfront, enhancing privacy and defining the property beautifully. A screened-in porch, expansive deck and an impressive dock provide effortless access to the deep, clean waters ofthe Burnt River for swimming, boating, and fishing. Additional features include a detached garage, metal roofing, HRV system, high-efficiency propane furnace, and updated hot water tank. Ideally located just a short boat ride to Cameron Lake and close to the Victoria RailTrail, this property offers the perfect balance of privacy and recreation. Fully turn-key and updated, this exceptional waterfront home is ready to be enjoyed from day one.
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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 in line with comparable listings — about 71% of comparable detached listings in Somerville are asking less.
Based on 38 comparable active detached listings in Somerville. 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 $874,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of VALERY REAL ESTATE INC.. 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 Royal LePage Lakes of Haliburton
$1,029,000
Somerville
Listing courtesy of Kawartha Waterfront Realty Inc.
$799,900
Somerville
Listing courtesy of Re/Max All-Stars Realty Inc.
$749,900
Somerville
Listing courtesy of RE/MAX REALTY SPECIALISTS INC.
$790,000
Somerville
Listing courtesy of BAY STREET GROUP INC.
$725,000
Somerville
Listing courtesy of EXP REALTY