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Two Cottages. One Carefree Summer Story. Tucked along the shores of Prospect Lake with coveted southwest exposure, this rare lakeside package delivers something almost unheard of two fully equipped cottages on one beautiful lot. Its the kind of setup families dream about. One for you. One for them. Both with kitchens, bathrooms & bedrooms so everyone can come together without being on top of each other. At the heart of the property sits the main cottage: warm, welcoming & surrounded by tall pines. With 5 bedrooms & 2 baths, theres space to sleep a crowd & gather for games, meals, & early-morning coffee. A short stroll away, the 2nd cottage offers 3 bedrooms, a 3PC bath, its own kitchen, and a peaceful retreat just far enough for privacy but close enough to stay connected. Across the quiet lane, the shoreline invites you in. A 40' dock reaches out into the lake, with approx. 12' of depth off the end ideal for swimming, docking, or diving into summer. The sun-drenched, gently sandy shoreline is perfect for all ages. This is cottage life, uncomplicated where sand ends up in bedsheets, dinners are BBQd, & no ones fussing over perfect. Evenings settle into bonfires, marshmallows, & picture-perfect starry nights. Multiple upgrades add peace of mind, including a new septic system installed in 2021. A detached garage currently houses laundry & adds storage for the toys that make lake life even better. With two self-contained cottages, this property also presents a strong investment opportunity ideal for short-term vacation rentals, long-term tenants, or simply a shared family investment with excellent potential for rental income. Whether shared between siblings, passed down through generations, or held close as your own retreat, this is the kind of property that becomes part of your family story. Sun-soaked dock days. Campfire nights. Room for everyone. This is the cottage youve been waiting for.
2 Stoves, 3 Fridges, 2 Microwaves, All Toasters & Kettles, Coffee Makers, TVs, All Furniture, Blinds, Bedding for All 12 Beds, All Beds, Washer, Dyer, Water Toys, 2 Paddle Boats, 1 Kayak, 1 Canoe, Paddles & Oars, Life Jackets, Club Cadet Riding Lawn Tractor, Umbrellas
City: Bracebridge
Neighborhood: Draper
Purchase Price | $995900 |
Down Payment | $199180 |
Mortgage Insurance | $0 |
Total Mortgage | $796720 |
Mortgage Payment | $4910 |
Property Taxes | $346 |
Maintenance Fees | $0 |
Monthly Payment | $5256 |
Located at 1025 & 1027 Big Island Rd , this Bracebridge house is available for sale. This property was listed for $995,900 on Thu Jul 31 2025. This house's size is 2000-2500 Sqft. It has 7 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Living, Bathroom, Br, Br, Dining, Foyer, Bathroom, Br, Br, Living, Kitchen, Bathroom, Br, Br, Br, Other. This property comes with 6 parking spots. 1025 & 1027 Big Island Rd, Bracebridge is situated in the Draper neighbourhood.
MLS#: X12316566 · $995,900 · 7 bedroom house in Draper, Bracebridge