364 Champlain Road, Penetanguishene, Ontario L9M 1S4 (28088857)

$1,798,000

Discover an Exclusive 96+ Acre Property with Stunning Lake and Town Views! Welcome to 364 Champlain Rd, in Southern Muskoka, a rare gem located in the heart of Georgian Bay's Highland Point. This high and dry property spans over 96 acres of elevated table lands, offering unobstructed views of the lake and town. Nestled in a prime tourist and marina hub, it is one of the closest Georgian Bay shorelines to both Toronto and Barrie, making it an ideal destination for those seeking a retreat just 100 minutes from Toronto. With 5,000 feet of total road frontage on two municipal roads, including Champlain Rd, which stretches along the Bay, the property provides broad development potential. It offers stunning sunrise views and endless possibilities. Situated steps away from four nearby marinas, including Beacon Bay Marina, it is a boaters paradise with easy access to Georgian Bays renowned attractions. Recreational opportunities abound! Enjoy sailing, skiing, ice fishing, camping, and cruises to the 30,000 islands the largest concentration of freshwater islands in the world. The land features approx. 30,000 commercial trees, providing lumber income and 68% tax reduction. A small intermittent stream on the northern portion of the property adds to its natural charm. An Environmental Impact Study (EIS) completed in 2021 yielded positive results supporting future development. The property is zoned Rural Residential (RU) with some permitted commercial uses and offers the potential for up to 5+1 lots without rezoning. Proximity to Orillia & Huronia Airport (15 mins) and Barrie (30 mins) ensures convenient access to nearby cities. Buyers can also register for the Managed Forest Tax Incentive Program (MFTIP) for property tax reductions. Located in the Highpoint area of Muskoka, where waterfront properties on the east side of Champlain Rd sit lower than the road, the property guarantees uninterrupted views by other structures. (id:54662)

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