231 m
Distance
3
Beds
7
Baths
117
Sq Ft
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:58753)
Listing By: BRYAN COXWORTH - Sotheby's International Realty Canada 
- MLS® X12388969
- Date Listed09/08/2025
- Days on Realty 272 Days
- Bedrooms 3
- Bathrooms 7 baths
- Lot Size 5,087,808 sq. ft
- Sewer Septic Tank
- Property Type Other
- Water Well
- Square Feet 117 sq. ft
- Price Per Sq. Ft $34179.49
Interior Features
- Appliances All
- Cooling None
- Heating Radiant heat
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT 5,087,808.00
- Lot Features Conservation/green belt
Sales & Tax History
Source: Public Records
Local Neighborhood Highlights for P0P2C0
Discover key demographics, population statistics, and environmental insights for the Tehkummah, ON area.
40/100
Car-Dependent
Walk Score ®
39/100
Some Transit
Transit Score ®
47/100
Bikable
Bike Score ®
Overview
Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.
Transit Summary
11 nearby routes: 11 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 40/100, Transit Score: 43/100, Bike Score: 38/100.
Points of Interest near 191 221 PENNIE AVENUE, Tehkummah, ON P0P2C0
Frequently Asked Questions for 191 221 PENNIE AVENUE
Source: Realty.com
191 221 PENNIE AVENUE, Tehkummah, ON P0P2C0 in Tehkummah, ON P0P2C0 is a other listed at $3,999,000. Highlights include 3 bedrooms, 7 bathrooms, 117 sq. ft., $34,179 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 50 photos of 191 221 PENNIE AVENUE.
The full address for this home is 191 221 PENNIE AVENUE, Tehkummah, ON P0P2C0.
191 221 PENNIE AVENUE has been listed on Realty.com since Mon September 08, 2025
Most errands require a car. A few nearby public transportation options. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 40/100, Transit Score: 43/100, Bike Score: 38/100.
Listing provided courtesy of:
Sotheby's International Realty Canada
Listing agent:
BRYAN COXWORTH
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