191-221 PENNIE AVENUE, Tehkummah, ON P0P2C0
191-221 PENNIE AVENUE, Tehkummah, ON P0P2C0
191-221 PENNIE AVENUE, Tehkummah, ON P0P2C0
191-221 PENNIE AVENUE, Tehkummah, ON P0P2C0
191-221 PENNIE AVENUE, Tehkummah, ON P0P2C0
191-221 PENNIE AVENUE, Tehkummah, ON P0P2C0
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Deanna Jones

Deanna Jones

+1(250) 486-1889
$ 3,999,000
Est. payment | /mo

3 Beds

7 Baths

117 SqFt

Save Virtual Tour
$ 3,999,000
Est. payment | /mo
Save Virtual Tour

3 Beds

7 Baths

117 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 117

Square Footage 117 sqft

Price per Sqft $34,179

MLS® Listing ID X12388969

Bedrooms 3

Lot Size 116.800 Acres

Acres 116.8

Property Description

Introducing The Estate on Michaels Bay, a rare 116-acre waterfront property on Manitoulin Island offering unmatched commercial potential. With 928 feet of shoreline on Lake Huron, this estate features a 9,000 sq ft log lodge, 3,000 sq ft guest house, 3,600 sq ft heated workshop, private lake, and a 2,500 ft air strip allowing direct access from Toronto in just 85 minutes by private plane. There is also a commercial airport with a 3,500 ft runway capable of handling executive jets just 40 minutes away from the property. The MS Chi-Cheemaun ferry from Tobermory to Manitoulin Island is 20 minutes away. Previously operated as a restaurant, the property is primed for revival as a destination dining venue or luxury hospitality experience. Its layout and amenities make it ideal for a corporate retreat, wellness resort, or boutique lodge. Development for a golf course was initiated, with fairways already cleared offering a head start for investors looking to complete and brand a signature course. The main residence boasts vaulted ceilings, radiant in-floor heating, a dramatic 4-sided stone fireplace, luxury kitchen, spa-like primary suite, and expansive entertainment spaces. The guest house includes 4 bedrooms and 2.5 baths, while the workshop offers oversized garage doors, EV charging, and an unfinished apartment. Backing onto 500+ acres of protected conservation land with hiking trails, this gated estate blends privacy, adventure, and upscale infrastructure. Whether reimagined as a resort, executive retreat, or legacy investment, this property delivers a once-in-a-lifetime opportunity to shape a premier destination in Northern Ontario. Manitoulin Island is the Largest Fresh Water Island in the World with stunning natural beauty, including beautiful waterfalls, sandy beaches, and numerous lakes and trails. It's a popular destination for camping, hiking, and stargazing, offering a tranquil escape into nature. The island is easily accessible by vehicle, airplane and boat. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Radiant heat

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 10

Garage No

Private Pool No

Building

Sewer Septic System

Others

Virtual Tour https://youtu.be/yctAW-Ala2E

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Listed by Sotheby's International Realty Canada

Nearby Locations

Deanna Jones

"After more than a decade of helping people buy and sell homes throughout the Okanagan, from Osoyoos to the Shuswap, I understand that every move is personal. Whether you are buying, selling, or simply exploring your options, I would be happy to help you reach your real estate goals. "

+1(250) 486-1889

deanna.jones@exprealty.com

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191-221 PENNIE AVENUE