Property Details
191-221 PENNIE AVENUE, Tehkummah, Ontario, P0P2C0
Sales Representative
RE/MAX PROFESSIONALS NORTH, BROKERAGE* - Huntsville
Cell: 705-349-0596
Tel: 705-788-1444
$3,999,000 - For sale
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:2471)
Location DescriptionCross Streets: Hwys 6/542. ** Directions: From South Baymouth take Hwy 6 north to Side Rd 10 to 6 Concession Rd to right turn onto Side Road 15 to left onto Government Rd to Michaels Bay Rd and continue onto Pennie Ave. to 191.
- Property Address:191-221 PENNIE AVENUE, Tehkummah, Ontario, P0P2C0
- Property Type:Business
- Lot Size:116.8 ac
- Sewage Type:Septic System
- Water Type:Drilled Well
- Parking Space Total:10
- Bedrooms:3
- Bathrooms:7
- Floor Space:117 ac
- Heating Type:Radiant heat
- Cooling Type:None
- Appliances Included:All
- Rental Equipment:Propane Tank
Sales Representative
RE/MAX PROFESSIONALS NORTH, BROKERAGE* - Huntsville
Cell: 705-349-0596
Tel: 705-788-1444
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 191-221 PENNIE AVENUE, Tehkummah, Ontario, P0P2C0
- Neighbourhood Information
191-221 PENNIE AVENUE, Tehkummah, Ontario, P0P2C0
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