Watt · P0B 1M0
$719,000
$1,027 / sq ft1 months on market
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Welcome to one of Skeleton Lake's most unique waterfront properties. Known for its crystal clear water, incredible boating, and easy drive from the GTA, Skeleton Lake has long been one of Muskoka's premier destinations. Opportunities like this are rarely available. Positioned on a private peninsula, this exceptional property features waterfront on both sides and includes two separately deeded waterfront lots, each with its own PIN. This rare combination provides outstanding privacy, investment potential, and flexibility for the future. Enjoy the existing cottage exactly as it is, build a custom four-season waterfront retreat, or preserve the property as a legacy family compound for generations to come. Perched above the shoreline, the classic Muskoka cottage offers timeless charm with thoughtful updates throughout. The bright, open concept living space is designed to capture panoramic lake views while flowing effortlessly onto expansive outdoor entertaining areas. Inside, you'll find a spacious primary bedroom, a second bedroom with built-in bunk beds, and a convenient Murphy bed to comfortably accommodate family and friends. Recent upgrades include a new septic system (2008), a beautifully renovated bathroom, new storage shed, updated shingles, and a new hot water heater (2020), allowing you to enjoy cottage life with peace of mind. The outdoor setting is equally impressive. Beautiful natural stone landscaping, handcrafted by renowned Muskoka stonemason Bert Sims, blends seamlessly into the Canadian Shield. Spend your days swimming and boating from the private dock, gather around the lakeside fire pit in the evenings, and take in spectacular west-facing sunsets that paint the sky each night. This is far more than a cottage. It is a rare opportunity to own one of Skeleton Lake's most distinctive waterfront properties, combining privacy, unmatched future potential, and the timeless Muskoka lifestyle in one extraordinary package.
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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 35% of comparable detached listings in Watt are asking less.
Based on 34 comparable active detached listings in Watt. 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 $719,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CV Real Estate. 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.
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