1465 Falkenburg Road Muskoka Lakes, Ontario P1L 1X4

$299,000

This property is an opportunity for buyers with the vision, skills and resources to take on a substantial renovation project in a beautiful Muskoka setting. Situated on a private, nicely treed 2-acre parcel just 15 minutes from downtown Bracebridge, this 3-bedroom bungalow offers an attractive rural property with plenty of potential, but buyers should be prepared for extensive repairs and improvements. The home requires significant attention, including addressing water intrusion in the unfinished walkout basement during heavy rains and spring snowmelt, water-damaged ceilings in the kitchen, and other repairs and updates throughout. Exterior concerns include soffit and fascia requiring repairs or replacement, window replacement and deteriorating walls on the detached garage. The property is also serviced by an original septic system and dug well. On the positive side, the home features a practical layout, a newer propane forced-air furnace, and a primary bedroom with a walkout to a future deck or patio. Outside, you'll find mature trees, established gardens, a fenced area suitable for pets, two storage sheds and a detached garage with workshop space. Substantially reduced in price and now offered to reflect the property's current condition and the investment required. This is not a simple cosmetic renovation, but for the right buyer willing to take on the work, it represents an opportunity to create something special on a lovely 2-acre property in a convenient Muskoka location. (id:60520)

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