Listed by Moffat Dunlap Real Estate Limited.

3940 Mermaid Island is a Detached, 1 1/2 Storey and is currently for Sale @ $849,000. Taxes in 2025 were $3,943.74.

More homes for sale under 800k in Georgian Bay

Tucked into a protective northwest-facing cove on Mermaid Island this 3. The 1 1/2 Storey on 3940 Mermaid Island has 2 bedrooms, 2 bathrooms, and is located on a 319.9 x 571.99 ft loton 2-4.99 acres in the community of Baxter .6 acre Georgian Bay retreat offers 571 ft of waterfront, elevated views, and a substantial t-shaped dock just a 2-minute boat ride from Honey Harbour. This 1,775 sq ft open concept layout is designed for entertaining, with vaulted ceilings, wood finishes, a freestanding woodstove, skylight and oversized windows that frame the water at every turn. 2 bedrooms and a full bathroom are located on the main floor along with a convenient laundry room and enclosed sunroom. The upper loft offers a primary bedroom with ensuite plus additional flexible space prefect for a second sleeping are or private office. Cedar decking on the west side and a composite deck on the east side provide generous outdoor living space from sunrise to sunset. The full walk-out basement offers excellent storage and utility space. A shed houses the tractor and 2 dedicated woodsheds keep the property organized and cold weather-ready. Additional structure can be converted to a bunkie or studio space which rounds out the offering, ideal for guests or a creative retreat. The natural rocky shoreline transitions gradually to the dock and protected water, quintessential Canadian Shield at its finest. Need more space? Current zoning permits a larger cottage and an additional bunkie. Consultation with the Township Planning Department will further verify and septic needs to be considered. Privacy, space and room to grow are increasingly rare on Georgian Bay. This is the one!

Refrigerator, cooktop, oven, dishwasher, dryer, washer, ATV, tractor, most furnishings, TV and remote, marine railway, Generator (not wired in), canoe, paddle boat

The address 3940 Mermaid Island was listed for sale (MLS# X13147664) on Saturday, May 16, 2026.