Primary photo of 180 LOST FOREST LANE, Magnetawan
1 / 47

Single Family For Sale

$425,000

MLS® Number: X12897220

Bedrooms

5

Bathrooms

1

180 LOST FOREST LANE, Magnetawan, Ontario

About This Property

*** Visit the REALTOR website for further information about this Listing *** Tucked away on a tranquil peninsula in Beaver (Neghik) Lake - Part of Magnetawan's Ahmic Lake System, you'll find Lost Forest Park. In the mid 1980's LFP was established, converting a campground to a Private Park with 50-Shareholders & 50-sites. The approximate 55-acre parcel of land was divided into sites large enough to accommodate park model trailers and over time, has become a seasonal Cottage-Style Community, with every shareholder having access to the water. LFP has many furnishings of a cottage experience without some of the burdens associated with a conventional cottage. Affordable maintenance fees approx. $1,500 annually (inclusive of property taxes & maintenance), LFP is comprised of Shareholders - collectively owning the Numbered Incorporated Company "LFP". Site 42 - a family held share for 40-years offers: Year-round access - in the winter, road access to the park is privately plowed; given the proximity of site 42 to the Park's entrance, affordable private driveway clearance is available. 4-Season, 5 bed [2 x Queen beds; 2 x bunks (double bottom, twin top); 1 x double] Park Model Trailer installed 2017 Seasonal (Drinking) Water Service - LFP is equipped with a water treatment system. (Drawn from the lake) This water is tested daily (seasonally) to ensure adherence with provincial standards of safety. Weather dependent - the water system opens in May and closes after Thanksgiving. Concrete Foundation: for Park Model Trailer & 2 Sheds - one equipped with a roll up door for easy access when you want to hit the trails / one equipped with a furnace to warm up when it's chilly or to hang and dry snowmobile gear. A Snowmobiler's Dream - with trail system access on the lake - there are endless journeys and magnificent scenery at your disposal. ATV Adventures etc.

Property Details

Interior Details

Appliances

Water Treatment, Furniture, Water Heater

Basement

None

Bathrooms Total

1

Bedrooms Total

5

Cooling

Central air conditioning

Fireplace

True

Heating

Forced air

Building & Exterior

Architectural Style

Bungalow

Exterior Features

Vinyl siding

Foundation Details

Concrete

Parking Features

No Garage

Stories

1.0

Land & Location

City Region

Magnetawan

Community Features

Fishing

Lot Features

Wooded area, Flat site, Dry, Carpet Free

Postal Code

P0A1P0

View

Lake view, View, View of water

Utilities & Services

Utilities

Electricity, Cable

Listing & Financials

Listing Office

296943

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Common Interest

Leasehold

Country

Canada

Parking Total

8

Mortgage Calculator

20% ($85,000)
5.5%
25 Years

Estimated Monthly Payment

$2,088

Principal and interest only. Actual rates may vary.

Location & Map

Similar Listings

List Property