A private peninsula in spring-fed Otter Lake. .. yes, it's as dreamy as it sounds. 730ft of shoreline, a sandy breach, a boathouse and TWO cottages to enjoy. Experience a rare blend of privacy, natural beauty and effortless lakeside living on this exceptional peninsula-shaped property set along the crystal-clear, spring-fed waters of Otter Lake. Just two hours from Toronto and a quick 10-minute drive to the Town of Parry Sound, this inviting retreat offers a serene escape surrounded by water, mature trees and sweeping shoreline views. The beautifully maintained 2-bedroom open-concept cottage is designed for relaxed, easy living with bright, airy spaces that flow naturally toward the outdoors. Large windows frame the lake from every angle, creating a sense of calm and connection to the landscape. A charming 2-bedroom Bunkie adds versatility and comfort, complete with its own 3-piece washroom, cozy living room and fireplace - an ideal haven for guests, extended family or a peaceful studio or workspace. With an impressive 730 feet of owned shoreline, the property offers a wealth of outdoor amenities, including a sandy beach, boathouse, workshop and storage shed. The lake itself enhances the experience even further, featuring a full-service marina for gas and convenience items, along with a wonderful lakeside resort offering a restaurant - perfect for a relaxed dinner out without ever leaving the lake. Whether you're swimming, boating, exploring the shoreline or simply unwinding by the water, every day here feels like a getaway. A true lakeside sanctuary, this peninsula retreat combines unmatched privacy with timeless cottage charm - an unforgettable setting to gather, relax and enjoy the best of Otter Lake.
Wood-burning fireplace in the living room (1 fireplace)
Kitchen
Disposal
Water purifier
Heating & cooling
Electric forced air heating
Central air conditioning
Exterior features
Dock and boat slip
Lighting
Deck and patio
Shed(s), boathouse and workshop
Landscaped, wooded and sloped grounds
Waterfront on Otter Lake with beach frontage
Irregular lot with 222.5 ft of waterfront frontage
Home design
Residential single-family detached property
Faces west
Parking
Private parking with space for 6 vehicles
Security
Smoke detectors
Carbon monoxide detectors
Construction
Wood siding construction
Asphalt roof
Partial basement
Utilities
Septic tank
Sale and tax history for 5 Fallingview Trail
Sale History
Tax History
Date
Event
Price
TREB #X13215520
May 28, 2026
Listed
$2,799,000
TREB #X12378879
Nov 3, 2025
Delisted
—
Sep 3, 2025
Listed
$2,999,000
+33
Private peninsula retreat on spring- fed Otter Lake. Welcome to your own slice of lakeside paradise - just 2 hours north of Toronto and a quick 10-minute drive to the Town of Parry Sound. This rare peninsula - shaped property offers unmatched privacy and panoramic views on the crystal clear, spring-fed Otter Lake. The main residence is a charming 2-bedroom open-concept cottage thoughtfully designed for relaxed living and effortless entertaining. Just steps away, a fully equipped 2-bedroom guest cottage provides additional space for guests or family complete with its own 3-piece washroom, cozy living room and fireplace. Set on an impressive 730 feet of owned shoreline the property features a sandy beach, boathouse, workshop and storage shed - perfect for boating, swimming and year-round enjoyment. Whether you're hosting summer gatherings, unwinding by the fire or exploring the natural beauty of the lake this one of a kind four season retreat offers the ideal blend of comfort, charm and convenience.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Single Family Residential
Region
Parry Sound District
Parking Spaces
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Accessible
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Last updated by owner on Sep 3, 2025.
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