Surreal Estate: $15 million for a turnkey Muskoka resort with 41 guest rooms

Location: Port Severn, Muskoka Price: $14,999,000 Size: 17 acres of land with 41 guest rooms and a three-bedroom cottage Real estate agent: Ali Booth, Sotheby’s International Realty

The place

A fully operational vacation escape sitting on 17 acres of land on Little Lake in Muskoka. The property comes with 41 guest rooms, a three-bedroom cottage, a private island accessible by helicopter and more than 600 metres of shoreline. It’s a short drive from Highway 400 and several neighbouring resorts.

The history 

This getaway was originally built in the 1950s. The current owners purchased the place in 2021 and immediately invested $1 million to replace the roof and rebuild the guest cottage. After serving as a filming location for Bachelor in Paradise Canada, it reopened for business in July of 2022. The owners are now taking on a new venture and looking to sell the resort to a wealthy investor. 

Related: $11.9 million for a Muskoka compound perched atop its own peninsula

The tour

To begin, here’s an aerial view of the peninsula, with its many docks, green spaces and lodges. That’s Port Severn North Road just beyond the parking lot.

And here’s the main entrance. The original hotel was renovated around Y2K, and the current owners bought it in 2021.

In the lobby: guest check-in, a lounge and doric columns.

The full-service restaurant overlooks the lake and includes a café and lounge.

This reverse angle shows off the bar and dramatic circular ceiling. 

There’s also a nail salon down the hall.

The indoor pool and hot tub are open year-round. 

The shiplap ceilings and wall of windows add warmth to the massive space. 

Here’s the 24-hour gym, with rubber floors.

Now for a peek inside one of the European-style suites, which are larger than traditional hotel rooms. This one is outfitted with hardwood floors, a stone fireplace, a floor-to-ceiling walkout and gold accents throughout.

The hotel also rents out its 90-seat conference centre for weddings and corporate retreats. 

Here’s another look at the cavernous conference centre. 

Outside, it’s all about the amenities: a tennis court, a patio, a private beach, many docks for water sports and a private island accessible by helicopter. 

Speaking of water sports, guests are free to explore Little Lake and its seemingly endless waterways. 

Here’s the tropical-themed beach.

Finally, another bird’s eye view of the compound, highlighting the ample space for expansion. While there have been no formal approvals for development, the town has provided zoning guidelines on what could be built here.

Have a home that’s about to hit the market? Send your property to realestate@torontolife.com.