7313 534 Highway, Parry Sound Remote Area
Welcome to luxury living on coveted Restoule Lake-an extraordinary 5-bedroom, 4-bath executive waterfront home offering over 4,000 sq. ft. of beautifully designed living space, soaring 10-foot ceilings, and more than 500 feet of spectacular shoreline. For buyers seeking premium waterfront living without Muskoka price tags, this remarkable property delivers exceptional value on one of Northern Ontario's most desirable lakes. Designed to capture breathtaking lake views, the open-concept living, dining and kitchen area is highlighted by a dramatic wall of windows overlooking the water and flows seamlessly onto an impressive 60-foot deck with sleek glass railings-perfect for entertaining. The chef-inspired galley kitchen is built for everyday living and large gatherings alike, featuring double dishwashers, double wall ovens, two refrigerators, and a spacious walk-in pantry. The main level also offers a private office ideal for working from home, a bright three-season sunroom, and a convenient 3-piece bath. Upstairs you'll find five spacious bedrooms, including a stunning primary retreat with walk-in closet, ensuite, and private balcony overlooking the lake. A second-floor laundry room and additional bath provide comfort and convenience for family and guests. The fully finished lower level offers exceptional space for relaxation and entertainment with a large recreation/games room, media area, and covered walkout leading directly to the patio and hot tub. Outside, enjoy a beautifully designed interlocking stone patio with fire pit and effortless access to the water from the impressive 50' x 16' floating dock just steps away. Experience the caliber of luxury waterfront living often associated with Muskoka, while enjoying greater privacy, expansive shoreline, and outstanding value on beautiful Restoule Lake. (id:1945)
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Property details for 7313 534 Highway, Parry Sound Remote Area
- Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 4
- Lot Size
- 551.1 x 70 FT
- Stories
- 2
- Basement
- Finished, Walk out, N/A
- Parking
- Garage, Carport
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Wood, Stone
- Annual Taxes
- $4,300 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 7313 534 Highway
Active Listings
3
Min Price
$949,900
Max Price
$1,599,000
Avg Price
$1,308,633
Days on Market
71
days
Sold Listings
1
Min Sold Price
$995,000
Max Sold Price
$995,000
Avg Sold Price
$995,000
Days until Sold
114
days
Neighbourhood Census Data
Parry Sound, Unorganized, Centre Part, Ontario
Population
750
Median Age
61.4
Median Income
$25,365
Dwelling Value
$275,175
Housing Tenure
Owners 96%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 1.2/km²
Avg Shelter Cost: $940/mo
Owners with Mortgage: 40.8%
Owners Spending 30%+: 25%
Tenants Spending 30%+: 0%
English only: 94%
English and French: 6%
Median Household Income: $51,968
Median Employment Income: $19,520
Price History
Listed
July 4, 2026
by Re/Max Crown Realty (1989) Inc.
Current Price
$1,599,000
Type
Residential
For Sale