Welcome to this remarkable Chalet detached located in the coveted neighborhood of Somerville. Expertly crafted featuring premium cedar construction, this residence presents an exceptional opportunity offered at $849,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
WELCOME TO CREGO LAKE and a very private setting with a mix of lovely exposed granite and tall pines, and just steps away from 150 feet of fabulous spring-fed waterfront offering a sunny NW exposure. This classic mid-century 3-season, 1,100 square foot 3 bedroom Viceroy cottage, features a stone fireplace, cathedral ceilings and expansive lakeside windows. It has undergone many recent improvements. A bonus 3-season, 496 square foot bunkie (with loft) is perfect for larger gatherings. Each building has a large screen room. An exceptionally private 0.98 acre lot with gradual steps and walkways leading to the floating dock and 8+ feet of weed-free water. Amazing swimming. A cool treehouse for the kids. Serviced by an eco-friendly Waterloo Biofilter septic system and lake water system. Enjoy fishing & paddling on this quiet 10 horse power motor-restricted lake which is 50 feet deep and has its own small boat launch. An extremely private, very well-managed enclave with only 60 lots. A true nature lover's dream with shared 600 acres with private hiking & XC skiing trails throughout - no motorized vehicles allowed on these trails. The Kinmount Park Estates Association fees are $500 per year, and cover the road and culverts, maintaining the recycling/garbage area, lake water testing, and maintaining and paying taxes on the managed forest and trails around the lake. Direct access to the Somerville County Forest with miles of multi-use Crown Land trails suitable for all powersports. Crego Lake is well known for its large lot sizes. Year-round access, dead-end road, 10 minutes to Kinmount. 2 hours to GTA. Book your showing today. If traditional bank solutions have not met your needs, I can introduce you to a skilled Level 2 Mortgage Agent with access to a broad range of competitive financing options. Click on the video tour.
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This detached home located at 481 Crego Lake Road, Kawartha Lakes is currently for sale and has been available on SousaSells for 11 days. This property is listed at $849,000 with an estimated mortgage of $2,826* per month. It has 4 beds, 1 bathroom, and is 1100-1500 square feet. 481 Crego Lake Road, Kawartha Lakes is in the Somerville neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Somerville, Kawartha Lakes.
Growing families needing multi-bedroom flexibility and space in Somerville, Kawartha Lakes.
None listed
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The current listing price for 481 Crego Lake Road, Kawartha Lakes, ON in Somerville, Kawartha Lakes is $849,000.
This property features 4 bedrooms and 1 bathroom across approximately 1100-1500 sqft.
481 Crego Lake Road, Kawartha Lakes, ON is a Detached (Chalet) featuring a None basement.
Key property features include: Greenbelt/Conservation, Hospital, Place Of Worship, Waterfront, Wooded/Treed.
Interior highlights include: Carpet Free, Water Heater Owned.
Yes, this property offers parking space for 4.0 vehicles (None).
Heating is provided via Wood and cooling via None.
Somerville, Kawartha Lakes
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 481 Crego Lake Road, Kawartha Lakes, ON K0M 2A0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kawartha Lakes.
About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $849,000 in Kawartha Lakes, the legal minimum down payment is $59,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,455 for this transaction. As this listing is in Kawartha Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,455.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Somerville, Kawartha Lakes.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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