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1011 RIDGELINE DRIVE, Lake of Bays (Franklin) — listed at $1,049,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
ONE TIME INVESTMENT - LIFETIME MONEY MAKER! Welcome to this stunning, fully furnished four-season cottage in the heart of Muskoka (Huntsville), currently operating as a successful Airbnb with excellent reviews and high rental income over the past 2 years, offering outstanding future income potential. Located within an exclusive 1,300-acre estate community, this luxurious home is set on a prime 1-2 acre island-backing lot and offers approximately 2,156 sq. ft. of beautifully designed living space featuring 3 spacious bedrooms,2.5 bathrooms, a bright open-concept great room, an eat-in kitchen, a Muskoka room, mudroom/laundry area. covered front porch. Expansive windows provide breathtaking panoramic views and fill the home with natural light, while elegant modern finishes, neutral tones, and quartz countertops add sophistication throughout. Enjoy outdoor living with a large deck, walkout access, and proximity to scenic walking trails and the lake, just one minute away. Residents enjoy access to a remarkable 900-acre private nature preserve ideal for hiking, biking, skiing, kayaking, canoeing, and year-round outdoor activities. The upcoming SignatureClub, opening Spring 2026, will feature premium resort-style amenities, including an infinity pool overlooking a tranquil lake. Conveniently located only 6 minutes from Dwight Beach and Lake of Bays, and 20 minutes to downtown Huntsville, this property offers the perfect combination of luxury, privacy, and accessibility. The monthly maintenance fee of $170 include property management, shared area insurance, road snow clearing, and centralized garbage collection. Property serviced by well and septic, and forms part of Muskoka Vacant Land Condominium Corporation No. 101.Extra beautiful deck, Approx 12x30ft. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Family room | Main level | — |
| Dining room | Main level | — |
| Partial bathroom | Main level | — |
| Laundry room | Main level | — |
| Primary Bedroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bedroom 3 | Second level | — |
Does it have a basement, and is it finished?+
Yes — Unfinished, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What's the parking situation?+
This property includes 8 spaces — No Garage.
What makes this a luxury property?+
At $1,049,000, standout features include 3 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What do the condo/maintenance fees cover?+
The $170/mo fee covers: Parking.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,936, a condo/maintenance fee of $170/mo, heating is forced air, propane. Always verify the latest figures with your agent before making an offer — these change yearly.
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