Waterfront mansion for sale for £15.4million in celebrity hotspot loved by Justin Bieber and David Beckham

A stunning waterfront property on a summer playground favorite of the Beckhams and Justin Bieber is available for £15.4million – and comes complete with two lakeside houses, two boathouses and space for seven boats.

The sprawling propertybuilt in 2000, has eleven bedrooms and 10 bathrooms and is situated on 20 acres of peninsula jutting into the prestigious Lake Muskoka, one of Canada’s most desirable locations.

Dubbed the ‘Hamptons of the North’, the region is known as the summer playground of the rich and famous, including recent visitors David Beckham and Mark Wahlberg.

Owned by one family for decades, the cottage, boathouse and surrounding eight-acre estate is now up for sale at a price of $25 million.

Steve Haid, Real Estate Agent and Managing Partner of PSR Brokerage Muskoka, said, “This is one of the most beautiful and unique cottages for sale in Muskoka in recent memory.

“It really has to be seen to be believed and is a perfect playground for families, investors and even those looking to remodel or renovate.

“Muskoka is just two hours north of Toronto and is one of the most beautiful places in Ontario and even Canada.”

It is known for its many celebrities such as Stephen Spielberg, Justin Bieber, Goldie Hawn, Kurt Russel, Tom Hanks and many others who own land on any of the three major lakes including Lake Muskoka, Lake Rosseau and Lake Joseph.

He said: “The cottages themselves vary drastically from modern new build homes to classic traditional style homes that look like something straight out of a fairy tale.”

Haid, who was a premier real estate agent in the area after moving there from Toronto years ago and falling in love with the area, added, “Owning property in Muskoka has historically proven its worth due to the chronically low housing supply too Properties passed down through the generations and many families choosing not to sell their family home.”

“Prices for luxury waterfront properties have fallen about 25% since the market peaked in spring 2022, but that was a staggering average of 100% price gains since the pandemic began.

“The next year should provide a great buying opportunity as Muskoka has a propensity for large capital appreciation over time.

“The rental market is also an important factor in owning real estate in Muskoka.

“Rental rates and demand are extremely high and many families rent out their cottages when not in use.

“As a full-time investment property, you can achieve capitalization rates of up to 10% depending on the property and area.”

For the asking price of £15.4m, the lucky new owner will enjoy 2,130ft of prime waterfront, two cottages and matching two storey boathouses with spacious accommodation for 7 vehicles for all types of watersports.

It is listed by Dave Bemmann, Senior Vice President & Broker at The Bemmann Team at Sotheby’s International Realty Canada.

Dave said, “This unique Muskoka property has prestige from the moment you drive through the stone gates, to the parking next to a serene 20-foot waterfall, to the gorgeous 270-degree west-facing views of the lake .

And it continues: “This well-maintained, 10,000-square-foot, architecturally stunning seven-bedroom, eight-bathroom mansion enjoys sensational year-round sunsets and expansive lake views…

“The secondary cottage offers plenty of space for guests sleeping three additional bedrooms and two bathrooms, with a large garage for all those extra toys.”

The ground floor features a grand foyer, an exquisite lake view dining room, a formal lake view breakfast room, a Sicilian style kitchen, a great room with wraparound deck complete with window walls and step outs.

It also has a majestic study, spacious waterfront exercise room and three-piece bath, laundry facilities and powder room.

The upper level features a grand staircase where you will find a second floor viewing and art gallery, as well as a primary bedroom suite throughout the wing with breathtaking views and a six-piece ensuite bathroom.

The lower level hosts a game room, multiple ensuite bedrooms, walkouts and landscaped stone patios accompanied by a built in hot tub and gas fire pit.

A full separate nanny or butler suite above the attached three car garage allows for full family accommodation with luxurious lake views and enjoyment of the estate.

Additionally, the romantic private sunset deck is perfect for enjoying surreal sunsets over Lake Muskoka year-round.

The lake house mansion is surrounded by nature and immaculately landscaped grounds. This private estate is just 5 minutes from the town of Bracebridge and 15 minutes from the ‘Hub of the Lakes’, Port Carling. Escape to Muskoka any time of the year.

For the first time in decades, the property and surrounding estate are listed for $25 million (CAD) by Dave Bemman, Senior Vice President & Broker with The Bemmann Team at Sotheby’s International Realty Canada.