Five minutes from downtown Bracebridge, at the end of a quiet road, there's a lake many people don't even realize exists. And when you're standing here looking across the water, it's hard to believe you're this close to town. Welcome to Spence Lake! Set along approx 180' of shoreline, the water wraps gently around the property. A beautiful mix of sandy beach, natural rock, shallow entry for swimming, and deeper water off the dock. The bay feels quiet and protected, and it's a gentle lot with stone steps leading to both the beach and the dock. This is the kind of shoreline every family hopes to find, and a place where great memories naturally unfold. Built in 2019, the home itself is a gorgeous custom bungalow designed to work beautifully as either a year-round home or a four-season cottage. Year-round access, an extended and widened driveway, and a high-quality septic system mean the practical pieces are already in place. Inside, the design really takes advantage of the setting. Large windows frame the lake making the views a natural focal point. The layout brings together a show-stopping living room with fireplace, a well-appointed kitchen, and a four-season sunroom opening to the back deck. Engineered white oak flooring flows throughout. The main-floor primary suite features a walk-in closet and ensuite. Downstairs offers flexibility with three more bedrooms and a full guest bathroom. One bedroom mirrors the main floor primary and offers a rough-in for a future ensuite. Here the lake views continue, creating the perfect space for movie nights, or simply spreading out. When summer arrives, it's paddle boards and boats on the water, sandcastles, BBQs with friends, and evenings lost in the hot tub or around the fire. Soffit lighting, soundproofed interior walls, ICF on the lower-level, AC, & a GenerLink highlight the quality of features here. Experiencing a place like this in person changes the way you see waterfront living. This might just be the one!
Address
1079 Spence Lake Drive
List Price
$1,549,900
MLS® Status
New
Expiration Date
2026-06-15
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Bracebridge
Sub-Area
Draper
Region
Muskoka
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
16
Bathrooms
3
Floor Area
2500-3000 Sq. Ft.
Lot Depth
221
Lot Shape
Pie
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
180
Parcel Number
480530624
Occupant Type
Owner
Cross Street
Fredrick Street - Spence Lake Drive
MLS® Number
X12869416
Listing Brokerage
Peryle Keye Real Estate Brokerage
Basement Area
Walk-Out, Finished
Postal Code
P1L 0A1
Posession Details
Flexible
Parking Places (Total)
5
Parking Spaces
5
Tax Amount
$5,384.43
Tax Year
2025
Site Influences
Beach, Cul de Sac/Dead End, Deck, Hot Tub, Lake Access, Lake/Pond, Landscaped, Lighting, Porch, Waterfront, Wooded/Treed, Year Round Living
Exterior Features
Deck, Landscaped, Lighting, Year Round Living, Hot Tub, Porch
Interior Features
Primary Bedroom - Main Floor, Rough-In Bath, Water Heater Owned, Propane Tank
Property Features
Lake Access, Waterfront, Beach, Lake/Pond, Wooded/Treed, Cul de Sac/Dead End
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Disclosures
Right Of Way
Board Or Association
One Point Association of REALTORS
Heat Source
Propane
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Wood
Direction Faces
North
Fireplace
Yes
Fireplace Features
Living Room
Foundation Details
Insulated Concrete Form
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Other Structures
Shed
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 3 CON 10 DRAPER PT 6 & 34 RD827; S/T RIGHT IN DR2802; BRACEBRIDGE ; THE DISTRICT MUNICIPALITY OF MUSKOKA TOGETHER WITH AN EASEMENT OVER PART OF LOT 3 CONCESSION 10 DRAPER, PART 1, 35R-25813 AS IN MT242227
Topography
Level, Open Space, Wooded/Treed, Sloping
Water Source
Drilled Well, Sediment Filter, Water System
View Type
Forest, Clear, Lake, Water
Water View
Direct
Waterfront
Yes
Docking Type
Private
Waterfront
Direct
Waterfront Accessory
Multiple Slips, Bunkie
Waterfront Features
Dock
Water Frontage (Feet)
54.86
Water Body Name
Spence Lake
Water Body Type
Lake
Shoreline
Rocky, Sandy, Shallow
Shoreline Allowance
None
Access To Property
Year Round Municipal Road
Alternative Power
None
Sewer
Septic
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 9.02 x 5.14 | |
| Main | Kitchen | 3.4 x 3.77 | |
| Main | Dining Room | 3.25 x 3.77 | |
| Main | Sunroom | 5.77 x 3.56 | |
| Main | Primary Bedroom | 4.23 x 3.75 | |
| Main | Bathroom | 2.32 x 3.16 | 4 Pc Ensuite |
| Main | Bathroom | 1.56 x 1.85 | 2 Pc Bath |
| Lower | Recreation | 7.2 x 5.14 | |
| Lower | Bedroom | 4.63 x 3.6 | |
| Lower | Bedroom | 3.98 x 3.47 | |
| Lower | Bedroom | 3.14 x 3.81 | |
| Lower | Bathroom | 1.9 x 3.66 | 4 Pc Bath |
| Lower | Laundry | 1.85 x 1.98 | |
| Lower | Other | 1.68 x 3.6 | |
| Lower | Utility Room | 2.52 x 2.52 |
Open Houses
- March 21, 11:00 AM - 1:00 PM
- March 21, 11:00 AM - 1:00 PM