3 days on Market

1 WASAN R40, Muskoka Lakes, Ontario P0B 1J0

Detached
4
1
~5000 + sqft
$9,800,000
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Detached
4
1
~5000 + sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$980/sqft

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Description

Picture the calm and quiet of the morning, your coffee warm in your hands, as the mists lift off beautiful Lake Rosseau. This is what it feels like to wake up on Wasan Island, a private island in the famous Venetian Group of Islands in the heart of Muskoka. Wasan Island is not just a cottage, it is 7 acres of your own private world, wrapped in 2,500 feet of untouched shoreline, shielded from the world on three sides. Close your eyes and picture it. Grandchildren racing down granite paths to the swim dock. Aunts and uncles gathered on the porch of the Lodge as the sky turns pink over the water. The smell of a wood fire drifting from the Main Cottage, and laughter carrying across the lake at dusk. Ten buildings hold 21 bedrooms and 12 bathrooms in all, so every generation of your family has a place to call their own, together yet never crowded. By day, swim off the sandy coves, paddle the cove, or take the boat out from one of two boathouses. By evening, gather in the games room for a movie or a game of pool, then soak in the hot tub under a sky full of stars. Walk winding trails past granite outcrops to a gazebo built just for watching the sunset fall behind the pines. Every corner of this island was built for gathering, laughing, and making memories that last long after summer ends. Here is what makes Wasan truly rare. This island already comes divided into two separate lots, a gift few private islands anywhere can offer. Keep it whole, and pass down one grand family legacy for generations still to come. Or dream bigger, building anew on the second lot for grown children, guests, or simply more room to grow into over time, on your own terms and your own timeline. Reached only by private boat, Wasan feels like its own quiet world, yet stays close to Port Carling and Muskoka's finest marinas. This is not simply a property for sale. It is the lifestyle so many dream of, and so few ever find, and the start of a story only you can write.


Property Details

StyleBungalow
ViewWater, Forest, Lake
Age of property16-30
SqFt~5000 + SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX13658316
Community NameMuskoka Lakes
Data SourceTRREB
Listing byENGEL & VOLKERS BARRIE

Features

Heating: Baseboard
Fireplace
Basement: Other, None

Main Floor

Living

5.18 x 6.1

Balcony / French Doors / Sliding Doors

Dining

2.74 x 6.1

Sliding Doors

Kitchen

3.05 x 3.35

Primary

4.88 x 4.57

Ensuite Bath


Property History

Aug 10, 2026
ListedActive
$9,800,000
3 days on market
history photo preview50
Listing by trreb®
Property listed by ENGEL & VOLKERS BARRIE, Brokerage
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Market Data - Muskoka Lakes

Geo Zone Map ThumbnailMuskoka Lakes

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2025

38 days

2024

69 days

2023

61 days

New Listings

Past 30 days

78 listings

Compared to

2025

60 listings

2024

57 listings

2023

69 listings

Units sold

Past 30 days

31 units

Compared to

2025

25 units

2024

17 units

2023

17 units

Median Sold Price

Past 30 days

$1,850,000

Compared to

2025

$1,485,000

2024

$775,000

2023

$1,695,000


Population and Demographics

Overview

Total population 7424
Average household income $156,060

Age (%)

0 to 19
14%
20 to 34
14%
35 to 49
14%
50 to 64
28%
65 and plus
31%

Household composition (%)

Single family
65%
Single person
31%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
91%
Renters
9%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget