Hi there! If you are searching for homes for sale in Lake of Bays, you have come to the right place. As the second-largest lake in Ontario’s Muskoka region, Lake of Bays offers over 560 kilometers of pristine shoreline, charming communities, and some of the most sought-after waterfront real estate in the province. Whether you are dreaming of a cozy cottage near Baysville, a family retreat in Dwight, or a peaceful escape close to Dorset, your search starts right here.
The Lake of Bays market currently features properties ranging from approximately $119,900 to $3,850,000, with an average price around $1,224,004. With a median of 38 days on market for most listings, this area continues to attract both lifestyle buyers and savvy investors looking for long-term value.
Curious What Homes Are Actually Selling For?
Before you dive into the listings below, it helps to know what the market is really doing. Want to see what homes are selling for? Check out our Homes SOLD in Lake of Bays page for real-time market data. Seeing actual sale prices gives you a clearer picture of value and helps you make smarter offers.
Browse Current Lake of Bays Listings
Use the filters below to narrow down your search by price, bedrooms, or waterfront features. By default, we are showing Residential listings to keep your search focused on homes and cottages.
Tucked quietly along the sought-after Hwy 60 corridor, just moments from the iconic entrance to Algonquin Park, this inviting Muskoka retreat offers that rare blend of nature, nostalgia, and attainable waterfront enjoyment. Set amongst the trees with peaceful views over Pen Lake, and only steps to the beach and boat launch, it is the kind of place where mornings begin with birdsong and coffee on the deck, and evenings wind down by the fire under a canopy of stars. Inside, the warmth of pine-lined walls brings you back to a time when cottages were simple, soulful, and built for gathering. The classic Muskoka stone fireplace, now thoughtfully updated with a modern propane insert anchors the living space, inviting long conversations, cozy movie nights, and that unmistakable relaxed feeling. An additional living area offers flexibility for families to spread out, relax, and reconnect. The kitchen is both functional, welcoming and has a touch of retro, with an eat-in layout, breakfast counter, and dedicated dining area that naturally becomes the heart of the home. With three comfortable bedrooms plus a flexible office or den, there's room here for work, rest, and everything in between-whether you are hosting weekend guests or settling in for a longer stay. Outdoors, this property truly shines. The oversized detached double garage is ready to house all your Muskoka essentials-from boats and snowmobiles to tools and toys-while the bonus outbuilding opens the door to future possibilities as a bunkie or creative retreat. Located in the heart of Lake of Bays District, minutes to Huntsville, this is your opportunity to enjoy the Muskoka lifestyle-close to water, wrapped in nature, and without the premium price tag of traditional waterfront. A place where memories are made, stories are shared, and the pace of life feels exactly right.More details
Your 2024 custom-built home in Lake of Bays, Muskoka, awaits. This truly stunning and luxurious property has the quality you desire in the location you've always wanted. The space flows eloquently, natural light pours in, and high-end finishes and furnishings, giving you a taste of luxury in the midst of beautiful, rugged forests, offering a rare, exceptional getaway that most people never expect to find in this part of Muskoka's landscape. Thoughtfully designed for all-season living, the home features soaring 18 ft ceilings, a dramatic wall of windows, four spacious bedrooms, including a main-floor primary suite with an ensuite, and a versatile office or rec room. Your new home could also be a revenue-generating asset. There is already a track record and operations in place for a fully licensed, turnkey short-term rental business, with bookings consistently rolling in. The choice is yours: continue the STR business as is, make this your new home in Muskoka or do both! This stunning 2,860 sq. ft. retreat at the end of a cul-de-sac sits on 2.3 acres and is a nature lover's paradise, backing onto an environmentally protected area with breathtaking panoramic water views that can be seen from every room in this home! A fully screened Muskoka room, an upgraded full-sized walk-out basement, and a waterside-view fire pit create perfect spaces for entertaining or relaxing year-round. Experience total privacy and relaxation with a new (2025) hot tub & barrel sauna. Your personal spa experience is ready and waiting. Surrounded by a vast network of trails and a short drive to Algonquin Park, Deerhurst Resort, Limberlost Forest, Arrowhead Park, and the vibrant town of Huntsville. With easy access to Highways 11 & 60, plus a Tarion New Home Warranty and future access to a clubhouse with an infinity pool and gym (completion Spring/Summer 2026), this is your chance to embrace luxury living in the heart of Muskoka's wilderness.More details
A few minutes to town with several golf courses, ski hill and easy access to the Algonquin Park hiking trails. This Well designed and built luxurious 1800 sq/ft home provides all the comfort and functionality Muskoka living can possibly offer with a water view of Walker Lake in the Lake of Bays. This 3 bed, 3 bathroom residence on 5.8 acres surrounded with Maple trees includes a large detached 3 bay garage with attached carport. The house has a high efficiency propane furnace with 30K HP/AC ensuring heating/cooling comfort is optimal while providing cost efficiency. The kitchen provides premium finishings with high end appliances and a large kitchen island within an open concept living area with cathedral ceiling to enjoy with your guests and family. Enjoy the warmth and character of beautiful Maple hardwood floors that flow throughout the upper level from the Maple hardwood stairs. Tucked away on a quiet cul-de-sac in a quality neighborhood with a large covered front deck and a rear patio stone terrace with a cozy gazebo and firepit create the perfect venues for gatherings on quiet evenings under the stars or enjoy the pool/spa with built in stairs and surround seating. This home offers a dedicated wellness room on the lower level with a dry sauna for for including exercise equipment and LED-wall mounted TV to help you carry out your exercise routines. The 1800 sq/ft lower level double door walkout basement leading to a lower level parking area includes a full bathroom, storage, media room , exercise room, living room and office/bed which provides an inspiring workspace with breathtaking views. All appliances, window coverings, exercise equipment and sauna are included. Also included are Living room, Master bedroom and Exercise room quality LED TVs. Enjoy all the charm and comfort this property provides with a recently fully paved driveway providing easy access during the winter Well build and designed luxurious comfort offering in MuskokaMore details
Prime Lake of Bays waterfront just outside Baysville, only a two-hour drive from the GTA, featuring 220 feet of pristine shoreline. This executive family compound offers two beautifully designed cottages. The main cottage boasts three bedrooms and two bathrooms, with a spacious open-concept Great Room that opens onto a 780 sq. ft. porch-perfect for entertaining or relaxing. The fully equipped two-bedroom and one bathroom guest cottage, complete with its own kitchen, is connected by professionally crafted stone pathways and patios, creating a seamless and inviting retreat for family and guests. Just steps from the water, the property includes a two-slip boathouse and generous dock, ideal for swimming, boating, and lakeside living. Enjoy breathtaking sunsets in this serene, private setting, while remaining just minutes from Bigwin Island.More details
One-of-a-Kind Opportunity on Lake of Bays. Welcome to what may be the most captivating vacant lot currently available on Bigwin Island. Set on a stunning point with over 720 feet of water frontage and 1.73 acres of pristine land, this property offers unmatched privacy, panoramic 180-degree views, and the kind of natural beauty that defines classic Muskoka. This remarkable parcel features a large, well-situated building envelope, nestled among towering old-growth trees and surrounded by granite outcroppings. A rare, freestanding stone fireplace chimney still stands a quiet, charming reminder of the property's rich past, ready to inspire the future. The shoreline is a true mix of Muskoka magic: from natural granite boulders to a sandy, shallow entry perfect for swimming and wading, every inch invites you to slow down, breathe in the lake air, and imagine life at the cottage you'll create here. Positioned on prestigious Bigwin Island accessible only by boat this property is part of one of Muskoka's most storied communities. As a future member of the Bigwin Island Waterfront Association (BIWA), you'll enjoy access to mainland parking and scenic walking paths across the island. And just beyond your property lies the renowned Bigwin Island Golf Club, one of Canadas top private courses and a symbol of the islands elevated lifestyle. Lake of Bays offers endless opportunities for boating, fishing, paddling, and exploring all with a quieter, more refined energy that sets it apart. With easy boat access to Baysville, Dorset, Dwight, and just a short drive to Huntsville or Bracebridge once ashore, the location blends convenience, history, and nature in one exceptional package. Whether you're envisioning a timeless family retreat or a show-stopping new build, this is more than just a vacant lot it's a chance to build your legacy in Muskoka. Your dream begins here.More details
Rare opportunity in Glenmount on Lake of Bays. Set on over 2 acres with approximately 100 feet of west-facing waterfront and sweeping views toward Bigwin Island, this property offers exceptional potential in one of the lake's most established and sought-after areas.The cottage has been stripped to the studs, with framing and new insulation already complete, providing a true blank slate to bring your vision to life. With approximately 4,000 sq ft, the existing layout includes 5 bedrooms + office and 3 bathrooms, an open concept main floor anchored by a stunning stone fireplace, a main floor primary suite with ensuite, and a 3-season Muskoka room overlooking the lake. The walkout lower level adds further flexibility for additional living space.The dock is perfectly positioned to take in long lake views and sunsets, while the expansive lot offers privacy, presence, and space to create a true family compound. A separate bunkie provides additional guest accommodation.Located in the desirable Glenmount area, known for its sense of community and proximity to the Lake of Bays Sailing Club and Tennis Club, and just minutes to Dorset with easy access to Huntsville.A rare chance to secure a premier Lake of Bays location and create something truly your own.More details
Welcome to 1257 Paint Lake Rd, Dorset! A charming 2 bedroom, 1 bath cottage offering the perfect blend of relaxation, recreation, and future potential. This cozy retreat is ideal for summer getaways, featuring a warm and inviting interior highlighted by a WETT-certified wood-burning fireplace for those cooler evenings. This property includes detached garage for storage of yard tools, games and water toys. Enjoy the beautiful deeded waterfront directly across the road, with 58 feet of shoreline and a clean, sandy bottom, perfect for swimming, lounging in the sun, and making the most of lakefront living. Situated on Paint Lake, one of the few lakes with boat access into Lake of Bays, this property opens the door to extended boating adventures and endless exploration. A bright sunroom provides additional living space and includes a futon for extra sleeping accommodations, perfect for hosting family and friends. Located on a municipally maintained paved road just minutes from the town of Dorset, this property offers easy year round access while still maintaining a peaceful cottage setting. This cottage is equipped with a drilled well providing clean drinking water and a septic system, offering convenience and peace of mind. Whether you're searching for a personal escape, an investment rental, or a property with the potential to expand or rebuild into a larger two-storey home, this property presents a fantastic opportunity in a sought after location. Experience the simplicity and charm of cottage life with the added benefit of future possibilities, your lakeside retreat awaits.More details
Set on a prime ~1.6-acre lot, this spacious four-season home offers approximately 2,010 sq ft of comfortable living space. The property features three large bedrooms, two bathrooms, a Muskoka room, a great room, a home office, an eat-in kitchen, and a mudroom/laundry area. A generous built-in garage and a covered front porch add both convenience and charm.Ideally located just a one-minute walk from the lake and nearby walking trails, the home also benefits from fully serviced, year-round roads with snow removal and garbage collection included. Dwight Beach is only five minutes away. The property is equipped with well and septic services and is a short walk from a tranquil community pond.As part of the Northern Lights Muskoka community, owners will enjoy exclusive access to the upcoming Signature Club, scheduled to open in Spring 2026, featuring resort-style amenities such as an infinity pool. The community is professionally managed year-round, with a monthly maintenance fee of $170 covering property management, shared area insurance, road snow clearing, and centralized garbage services.*Please note: This property is part of Muskoka Vacant Land Condominium Corporation No. 101.*More details
Discover refined living in this home, set within an exclusive 1,300-acre estate community. Offering 3 bedrooms and 3 bathrooms, this residence features a bright open-concept layout with expansive windows that fill the home with natural light and showcase stunning panoramic views of the surrounding landscape. Enjoy outdoor living with an oversized deck, Muskoka room, and walkout.The interior is thoughtfully designed with modern finishes, neutral tones, and elegant quartz countertops throughout. Residents also benefit from access to a remarkable 900-acre private nature preserve, perfect for hiking, biking, skiing, and exploring scenic trails year-round.A signature clubhouse is currently under construction and will overlook a tranquil lake, offering premium amenities including kayak and canoe access, as well as an infinity pool.Conveniently located just 5 minutes from the charming town of Dwight with access to Lake of Bays, and only 15 minutes to downtown Huntsville, this property offers the perfect blend of privacy and accessibility.An exceptional opportunity to own a luxurious home or retreat in a truly breathtaking natural setting.More details
Overlooking the iconic 18th green on Bigwin Island, with spectacular views of Lake of Bays, this rare offering features one of only three award-winning, fully furnished, two-bedroom Club Cabins designed by MacKay-Lyons Sweetapple Architects. Move-in ready for the upcoming season, it also provides the opportunity to obtain membership in the sold-out Bigwin Island Golf Club, giving access to an exclusive 18-hole championship course, practice facilities, clubhouse dining, and member services.Thoughtfully planned with sustainability, natural materials, and low-maintenance living in mind, the cabin offers an open-concept great room, well-appointed kitchen, two bedrooms, and seamless indoor-outdoor spaces oriented to golf and lake views. The property forms part of an intimate nine-unit vacant land condominium with its own private waterfront, one exclusive-use dock slip, and shared conveniences that simplify ownership and enhance lock-and-leave use.Within walking distance of the main clubhouse, driving range, short-game area, tennis facilities, and over 7 km of interior walking and jogging paths, this is a complete lifestyle package on a 520-acre private island with over 26,000 ft of shoreline on Lake of Bays. Ideal for downsizing while remaining on the lake, or as premium guest and recreational space to complement an existing family cottage, this Club Cabin delivers a turnkey way to experience Bigwin Island's architecture, history, and world-class recreation. Price includes the cost of the golf membership, which is valued at $175K and price is exclusive of HST. Membership purchase is subject to the Clubs nomination and Board Approval process. Act now...this will not last long.More details
Welcome to 4 Mallard Lane on picturesque Dickie Lake, where 310' of panoramic northwest-facing shoreline offers all-day sun and postcard-worthy sunsets. Set on a gentle point with 0.64 acres of beautifully landscaped grounds and naturally exposed Muskoka granite, this cherished 3-season cottage has been loved by the same family for over 50 years - now it's ready to welcome yours. The raised bungalow features 4 bedrooms, 1.5 baths, and a bright open-concept kitchen, dining, and living area with a cozy propane fireplace and breathtaking lake views. From the living room, step onto an expansive wrap-around deck (2017) perfect for sipping your morning coffee while soaking in the serenity of the lake. Downstairs, you'll find a fun retro bar and a spacious flex room ideal for games, lounging, or extra storage. A convenient shower in the lower level makes post-swim cleanup a breeze. Stunning Muskoka granite walkways (2023) wind through the yard, connecting multiple granite patio spaces, a firepit for stargazing and s'mores, and the lakeside entertaining areas. Between the patio area and the dock, a large elevated deck (2021) provides an amazing space for sunbathing or lakeside dining. The water off the dock (2021) is perfect for swimming or mooring your boat, canoe, kayak, or paddleboards and the included boathouse offers secure storage for all your lake toys. A wired-in Generac generator adds peace of mind during cottage stays, rain or shine. The septic system was replaced in 2004, giving peace of mind for years to come. Whether it's morning coffee on the dock, sunset dinners on the deck, or paddling out for an early morning swim, this is cottage living at its finest. Only 20 minutes from Huntsville and just minutes to the vibrant village of Baysville - home to local gems like Cast Iron Restaurant, Miss Nelle's, Lake of Bays Brewing, Humble Pie Pizzeria and the famous summer Walkabout Festival - this is your Muskoka escape. Let this special place become part of your story.More details
A Huge 1 Acres Modern Style Luxury Home, Located on a prime ~1.6 Acres Lot Huge 2010 Sq ft Four Seasons House Includes Three huge bedrooms, Two bathrooms, Muskoka room, Great room, Home Office, Eat-in kitchen, Mud room/Laundry, Huge built in Garage, covered porch entrance. One minute walk to the lake, Exclusive Access to the Signature Club, which is located on a large lake and has several amenities including an infinity pool, Fully serviced roads all year round, with snow removal and garbage collection facility included; Cashflow positive property, Cash flow analysis sheet attached, Seller will provide rental guarantee for 2 years at $5000 per month.More details
Lake of Bays is not just a destination. It is a lifestyle. The lake stretches across multiple bays and inlets, each with its own personality. Here is what makes the three main communities so special:
Dorset
Dorset sits at the northeastern tip of Lake of Bays and is famous for its Dorset Scenic Lookout Tower. Climb the 142 steps to the top for panoramic views of the surrounding lakes and forests. The town is also home to Robinson’s General Store, a beloved destination that has been serving visitors since 1921. Dorset offers a quieter, more secluded feel while still providing essential amenities.
Baysville
Baysville is a charming village located at the dam where the South Muskoka River begins its journey. This community has a classic cottage-country vibe with local shops, restaurants, and easy access to both Lake of Bays and the broader Muskoka waterway system. Many year-round residents call Baysville home, making it a great option if you want more than just a seasonal retreat.
Dwight
Dwight is the gateway to Algonquin Provincial Park, making it ideal for nature lovers and outdoor enthusiasts. The community features beautiful sandy beaches, a vibrant local art scene, and quick access to hiking, canoeing, and wildlife watching. Dwight strikes a perfect balance between cottage-country charm and modern convenience.
What Makes Lake of Bays Real Estate Unique?
Lake of Bays benefits from several factors that help maintain property values and support long-term appreciation:
Limited Waterfront Availability – There is only so much shoreline, and strict development controls mean new waterfront lots are rare.
Sustained Buyer Demand – The lake attracts buyers from across Ontario and beyond who value the natural beauty and established communities.
Proximity to Urban Centers – Lake of Bays is roughly 2 to 2.5 hours from the Greater Toronto Area, making it accessible for weekend getaways.
Year-Round Living Options – While many properties are seasonal cottages, there is a growing community of permanent residents, especially in Baysville and Dwight.
Diverse Property Types – From vacant land and building lots to luxury waterfront estates, there is something for every budget and lifestyle.
The current market shows healthy activity, with approximately 40 new listings in the past 28 days alone. This indicates steady seller confidence and a good variety of options for buyers.
Types of Properties Available
When searching for homes for sale in Lake of Bays, you will encounter several property types:
Waterfront Cottages – Classic Muskoka-style cottages with direct lake access and stunning views.
Year-Round Homes – Fully winterized properties suitable for permanent residence.
Luxury Estates – High-end properties with premium finishes, boathouses, and expansive lots.
Vacant Land – Build your dream cottage from the ground up on a waterfront or forested lot.
Fractional Ownership – Resorts like Blue Water Acres offer maintenance-free cottage living with shared ownership.
Tips for Buying in Lake of Bays
Buying waterfront property in Muskoka requires some extra homework. Here are a few things to keep in mind:
Check Shoreline Regulations – Understand what you can and cannot do with docks, boathouses, and shoreline modifications.
Inspect the Septic System – Most Lake of Bays properties use septic systems. Get a professional inspection before making an offer.
Consider Access – Some properties are water-access only. Make sure you understand the logistics before committing.
Review Zoning – If you plan to use your property as a short-term rental, check local bylaws. For more details, visit our guide on Muskoka Short-Term Rental Licensing Rules.
Work with a Local Expert – A realtor who knows the Lake of Bays market can help you navigate the nuances and avoid costly mistakes.
If you are thinking about selling your current home to fund a Lake of Bays purchase, our Home Valuation Tool can give you a starting point.
Frequently Asked Questions
Q1: How far is Lake of Bays from Toronto?
A1: Depending on which part of the lake you are heading to, it is usually a 2 to 2.5-hour drive from the Greater Toronto Area via Highway 400 and Highway 11.
Q2: Are there many year-round homes on Lake of Bays?
A2: Yes. While many properties are seasonal cottages, there is a growing community of year-round residents, especially near Baysville and Dwight. These homes are fully winterized with municipal or well water and modern heating systems.
Q3: What is the average price for a home on Lake of Bays?
A3: Current market data shows prices ranging from approximately $119,900 for vacant land to $3,850,000 for luxury estates. The average price sits around $1,224,004.
Q4: Can I find fractional ownership on Lake of Bays?
A4: Absolutely. Lake of Bays has several high-end resorts and fractional communities for those looking for a maintenance-free cottage experience without the full ownership commitment.
Q5: How long do homes typically stay on the market?
A5: Properties on Lake of Bays typically spend a median of 38 days on market, particularly those with waterfront access or scenic views.
Ready to Find Your Lake of Bays Home?
Whether you are looking for a weekend escape or a permanent move to cottage country, Lake of Bays offers something for everyone. Browse the listings above, check out our SOLD data to understand the market, and reach out when you are ready to take the next step.
For more information about our team and how we work, visit our About Us page. You can also explore all available Muskoka properties on our Search Properties page.