1-1216 Shea Rd is a 3-bedroom, 1-bathroom detached home in Muskoka Lakes, listed for $849,900. It has 700-1100 sq ft of living space.
1Where Family Cottage Memories Begin!
2Welcome to this exceptionally well-kept, fully winterized 3-bedroom Muskoka retreat on popular Three Mile Lake, set on a generous 0.92-acre lot with 113 feet of shoreline and beautiful lake views.
3The fully enclosed, insulated and heated basement offers excellent storage, laundry and utility space.
Where Family Cottage Memories Begin! Welcome to this exceptionally well-kept, fully winterized 3-bedroom Muskoka retreat on popular Three Mile Lake, set on a generous 0.92-acre lot with 113 feet of shoreline and beautiful lake views. Thoughtfully rebuilt in 2017 and lovingly maintained, this inviting cottage has been extensively updated throughout, including the kitchen, living room, bedrooms, bathroom, ceilings and flooring, creating a fresh, comfortable space ready to enjoy in every season. More than a seasonal getaway, this property offers the opportunity to enjoy Muskoka year-round. Whether you're looking for a full-season home, a weekend retreat, or a place to gather with family in every season, this property offers the flexibility to make it your own. The open-concept kitchen, dining and living areas are perfectly positioned to take in the lake views, while the generous wraparound deck provides plenty of room for entertaining, relaxing and soaking up the Muskoka lifestyle. Step down to the waterfront, enjoy your morning coffee by the water, or head to the dock to watch spectacular sunsets. Deep water at the dock makes swimming, boating and water activities easy and enjoyable. The fully enclosed, insulated and heated basement offers excellent storage, laundry and utility space. Features include new decks, heated water and septic lines, water filtration and UV system, metal-roof, woodshed and additional storage shed. Conveniently located near Port Carling, Bracebridge and Huntsville, with charming shops, amenities and larger retailers nearby, plus easy access to Windermere and prestigious Muskoka golf courses. This is more than a cottage - it's a place to slow down, gather together and start your family's Muskoka tradition. Your dream cottage may be closer than you think!
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $1,214 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1-1216 Shea Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
4 spaces
Basement
Other
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Other
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
1-1216 Shea Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13776770$849,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1-1216 Shea Rd Compares to the Muskoka Lakes Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,175
/mo
based on the purchase price of $849,900
$169,980 cash
$679,920 financed
$572,671 total interest
Principal54%$679,920
Interest46%$572,671
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Muskoka Lakes
Other 3–5 bed homes for sale in Muskoka Lakes around $850K.
Average days on market51Homes sold in about 51 days on average.
Sale-to-list ratio93.5%On average, homes sold below asking.
Active listings171Homes for sale here right now.
Median vs prior 90 days+26.5%Compared with May 15 – Aug 13, 2026: prices up.
Based on 124 sales from Aug 13 – Nov 11, 2026 (81 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1-1216 Shea Rd
How much is 1-1216 Shea Rd listed for?
1-1216 Shea Rd is listed at $849,900 (MLS® X13776770). Summitly updates the price as soon as the MLS® record changes.
Is $849,900 a good price for 1-1216 Shea Rd?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Muskoka Lakes. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1-1216 Shea Rd changed?
No — 1-1216 Shea Rd is still listed at its original asking price of $849,900.
How many bedrooms and bathrooms does 1-1216 Shea Rd have?
1-1216 Shea Rd has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Muskoka Lakes.
How much would the monthly mortgage be on 1-1216 Shea Rd?
About $4,175 a month — principal and interest on $849,900 with 20% down ($169,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1-1216 Shea Rd compare with other homes in Muskoka Lakes?
Its asking price of $849,900 is about 21% below the median sold price in Muskoka Lakes over the last 90 days, $1,075,000, across 124 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1-1216 Shea Rd been sold before?
Summitly has no earlier MLS® sale or lease of 1-1216 Shea Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1-1216 Shea Rd?
1-1216 Shea Rd is in Muskoka Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1-1216 Shea Rd been on the market?
60 days — 1-1216 Shea Rd was listed on September 12, 2026.
What is the price per square foot of 1-1216 Shea Rd?
About $773 to $1,214 per square foot: the asking price of $849,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 1-1216 Shea Rd have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 1-1216 Shea Rd have a basement, and is it finished?
