1-36 Lily Pad Bay - Leased Land
$1,249,000, 5 Beds 4 Baths 2,998 Sqft
About This Property
Stunning Year-Round Timberframe Cottage on Lily Pad Bay – Lake of the Woods
The timeless charm and craftsmanship of a timberframe home never go out of style—and this stunning year-round cottage on Lily Pad Bay, Lake of the Woods is no exception. Just a short drive down McKenzie Portage Road, this beautifully designed and decorated retreat offers just under 3,000 sq. ft. of living space, with 5 bedrooms and 3.5 bathrooms, making it the perfect lakeside getaway for families or those who love to entertain.
Originally built in 2005 the year round cottage boasts a bright open-concept main level featuring:
• Soaring floor-to-ceiling windows with lake views
• A spacious kitchen and large formal living area with woodstove
• Four-season sunroom
• Two comfortable bedrooms and a guest bath
Downstairs, the lower level includes a cozy family room, a full bathroom, third bedroom, utility room, and a covered sitting deck overlooking the lake—ideal for relaxing rain or shine.
The upper level hosts the primary suite with ensuite, a fourth bedroom, an additional full bathroom, and a fun loft space accessed by ladder—perfect for kids or extra storage.
Outdoor living is a dream here, with a large ¾ wraparound deck offering space for dining, lounging, and taking in the surrounding natural beauty.
Additional Features:
• Electric forced air furnace + woodstove integrated into ductwork
• Water filtration system with UV
• 200-amp service, cell reception, and landline
• Septic field, central air, and alarm system
• Metal roof (2016)
• Backup generator with hardwired hookup
At the shoreline, enjoy a boat shed with hydro and a spacious floating dock perfect for mooring watercraft or swimming. Just minutes from the Yacht Club by water and close to town, this exceptional property combines comfort, style, and convenience.
Offered turnkey and ready for immediate enjoyment—this is lake life at its finest. Inquire today and make this dream retreat yours.
Annual leasing fee is $3,012.79 (which includes the road fee). Federal government leased lot, leased until 2067. Note that the buyer is also responsible for a 2.5% lease transfer fee.
Essential Information
Community Information
Features & Amenities
Features
Family Room, Fireplace, Furnished, Hardwood Floors, Living Room, Microwave, Refrigerator, Sun Room, 200 Amp Hydro , Backup Generator, Central Air, Covered Deck(s), Deck, Dock, Electric Baseboard Heat, Excellent Cell Service, Fireplace, Heated Water Line, High-speed Internet, Lake-drawn water, Main Floor Laundry, Metal Roof, Pine Interior, Remote Thermostate, Security System - Building/Property, Septic System, Walkout Basement, Washer and Dryer
Interior
Exterior
Additional Information
- 4376 - Lot 1-36 Lily Pad Bay - $1,249,000 (1)