$2,295,000
FOR SALE

Detached Bungalow

Bedrooms: 7Bathrooms: 3Lot: 330 x 0 ft

135 Driftwood Village Drive
Coboconk, ON K0M 1K0

Welcome to Your PRIVATE POINT on Balsam Lake! Presenting a rare chance to own One of Few Private Points on Balsam Lake with 370 feet of premium waterfront on all sides and two renovated four-season cottages! Own a one-of-a-kind retreat situated in the heart of the Trent Severn Waterway, where you can enjoy breathtaking north, west, and south waterfront views, ensuring every sunrise and sunset is yours to cherish. This prime opportunity offers all-day sun and panoramic lake views with various outdoor areas to choose from. The peaceful oasis will remain private, nestled across from protected lands. The clear waters are ideal for swimming, boating, and summer gatherings, while winter brings opportunities for winter sports and cozy retreats by the fireplace. Each cottage has been fully renovated since 2018 with custom kitchens, bathrooms, and luxury finishes throughout. The main cottage features an expansive 4-bedroom, 2-bathroom open-concept space with a wrap-around deck, a concrete pad and fireplace with steps to the water, and a private dock. The guest cottage, offering 3 bedrooms and 1 bathroom, sits on the edge of the point, walking out to a spacious concrete deck overlooking the water and a secondary dock. Upgrades include brand-new standing-seam roofs (2024), siding, and a Generac generator. The property includes two convenient laundry facilities and an existing wet-slip boathouse that can be renovated to your imagination. Enjoy convenient access from Hwy 35, just minutes from Coboconk and Fenelon Falls, and only two hours from Toronto. Operated as a successful Airbnb for over five years, this property is a proven income generator with financial records available upon request and a robust book of business included in the sale. Vendor financing (VTB) is available. Don’t miss this exceptional opportunity to own a piece of luxury on Balsam Lake! (id:47421)
Share
Listed By Keller Williams Signature Realty, Brokerage
Data Provided By The Oakville, Milton & District Real Estate Board
MLS® Listing Number 40620584
Last Updated Jul 18, 2024
Property Summary
Property Type Detached

More like this:
Subdivision Somerville (Twp)
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 7
Bathrooms 3
Lot 330 x 0 ft
Amenities Nearby Beach
Features Conservation/green belt, Country residential, In-Law Suite
Listing Contract Date 2024-07-17
Location Description Hwy 35 to Driftwood Village Drive. Take gravel road to end, left at fork. Keep left to end, property is the very last driveway on the point.
Ownership Type Freehold
# of Parking Spaces 8
Property Type Single Family
Storage Holding Tank
Transaction Type For sale
Views Lake view
Waterfront Type Waterfront
Waterfront Name Balsam Lake
Zoning Description RR3
Building
Appliances Dishwasher, Dryer, Freezer, Microwave, Oven - Built-In, Refrigerator, Water softener, Washer, Microwave Built-in, Hood Fan
Architectural Style Bungalow
Basement Development Unfinished
Basement Type Partial (Unfinished)
Constructed Date 1950
Construction Material Wood frame
Construction Style (Attachment) Detached
Cooling Type Central air conditioning, Ductless
Exterior Finish Metal, Other, Wood, Steel
Fireplace Fuel Propane
Fireplace Present Yes
# of Fireplaces 2
Fireplace Type Other - See remarks
Fixture Ceiling fans
Heating Fuel Propane
Heating Type Forced air
Stories Total 1
Type House
Utility Water Drilled Well
Rooms
Room Level Dimensions Notes
BedroomMain level10'8'' x 11'7''
Living roomMain level13'2'' x 14'10''
Laundry roomMain level8'6'' x 15'7''
KitchenMain level11'7'' x 8'1''
Dining roomMain level11'6'' x 13'6''
BedroomMain level9'9'' x 11'7''
BedroomMain level10'4'' x 11'7''
3pc BathroomMain level10'11'' x 4'11''
Primary BedroomMain level16'9'' x 12'2''
Living roomMain level23'5'' x 16'10''
Laundry roomMain level5'6'' x 10'3''
KitchenMain level15'7'' x 12'5''
Dining roomMain level9'11'' x 13'0''
DenMain level8'7'' x 13'2''
BedroomMain level1'6'' x 11'8''
BedroomMain level9'7'' x 17'9''
BedroomMain level11'6'' x 11'6''
Full bathroomMain level6'1'' x 12'2''
4pc BathroomMain level11'5'' x 9'9''
Land
Total Size 0.449 acres
Access Type Water access, Road access, Highway access
Amenities Beach
Sewer Holding Tank, Septic System
Size of Irregular Land 0.449
Surface Water Lake

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)