view from above of property with a large body of water Features: water view

More Photos More Photos

back of property featuring a patio, a chimney, a yard, stairway, and stone siding Features: lawn, fire pit, patio

living area featuring high vaulted ceiling and wooden ceiling Features: wood ceiling, wood wall, vaulted ceiling, high ceiling, natural light

living room with high vaulted ceiling, a stone fireplace, beamed ceiling, and finished concrete flooring Features: high ceiling, fireplace, natural light, beamed ceiling, vaulted ceiling, concrete floor

dining area featuring high vaulted ceiling, finished concrete flooring, a fireplace, and beam ceiling Features: log wall, vaulted ceiling, natural light, high ceiling, fireplace, concrete floor, beamed ceiling

sitting room featuring concrete floors, french doors, and beamed ceiling Features: beamed ceiling, natural light, french doors, wood wall, concrete floor, refrigerator

kitchen with healthy amount of natural light, butcher block counters, beam ceiling, a stone fireplace, and concrete flooring Features: beamed ceiling, natural light, butcher block countertops, fireplace, sink, kitchen bar, french doors, white cabinets, concrete floor

living area featuring a fireplace, beamed ceiling, stairs, finished concrete floors, and ceiling fan Features: natural light, beamed ceiling, concrete floor, ceiling fan, fireplace

kitchen with concrete flooring, a breakfast bar area, light stone counters, open shelves, and beam ceiling Features: sink, stone countertops, kitchen bar, natural light, shaker cabinets, backsplash, white cabinets, refrigerator, open shelves, kitchen island, pendant lighting, concrete floor, beamed ceiling, range hood

dining space featuring high vaulted ceiling, a water view, a chandelier, light carpet, and wooden ceiling Features: high ceiling, natural light, wood ceiling, wood wall, vaulted ceiling, notable chandelier, carpet, water view

kitchen with high end appliances, open shelves, white cabinetry, island exhaust hood, and beamed ceiling Features: range hood, shaker cabinets, beamed ceiling, concrete floor, backsplash, refrigerator, open shelves, range oven, white cabinets, natural light, stone countertops

kitchen with open shelves, white cabinetry, island range hood, high quality appliances, and tasteful backsplash Features: stone countertops, concrete floor, white cabinets, refrigerator, range hood, backsplash, shaker cabinets, beamed ceiling, open shelves, wood wall, range oven

kitchen with white cabinets, open floor plan, finished concrete floors, beverage cooler, and light stone counters Features: natural light, pendant lighting, shaker cabinets, sink, ceiling fan, concrete floor, fireplace, kitchen island, beamed ceiling, wood wall, stone countertops, opens to living area, refrigerator, white cabinets, wine cooler, dishwasher

kitchen with finished concrete flooring, a breakfast bar area, high quality fridge, a barn door, and beamed ceiling Features: barn door, butcher block countertops, natural light, kitchen island, wood wall, kitchen bar, sink, concrete floor, beamed ceiling, refrigerator

home office with healthy amount of natural light, wood walls, concrete floors, and recessed lighting Features: natural light, tv, concrete floor, wood wall

bedroom with concrete floors, wood walls, and recessed lighting Features: concrete floor, wood wall, ensuite bathroom, natural light

bar with backsplash, open shelves, and dark stone countertops Features: blue cabinets, stone countertops, open shelves, sink, backsplash, shaker cabinets

entryway with healthy amount of natural light, concrete floors, and beam ceiling Features: natural light, wood wall, beamed ceiling, concrete floor

laundry area featuring estacked washer and dryer and unfinished concrete flooring Features: laundry, concrete floor, wood wall, stacked washer dryer, natural light

interior space featuring beam ceiling and concrete floors Features: concrete floor, beamed ceiling, wood ceiling, wood wall

living area featuring a barn door and wood finished floors Features: low ceiling, barn door, beamed ceiling, natural light, wood ceiling, hardwood floor, vaulted ceiling

bedroom with dark wood-type flooring, multiple windows, a desk, recessed lighting, and wooden ceiling Features: vaulted ceiling, hardwood floor, natural light, beamed ceiling, low ceiling, wood ceiling, tv

washroom featuring electric panel, recessed lighting, wooden ceiling, and light wood-type flooring Features: natural light, vaulted ceiling, beamed ceiling, wood ceiling, electric panel, hardwood floor, sink

full bathroom featuring a shower stall, recessed lighting, and pet washing station Features: dog washing station, natural light, shower

living area featuring light wood-type flooring, recessed lighting, and a paneled ceiling Features: low ceiling, drop ceiling, tv, hardwood floor

living area featuring recessed lighting and wood finished floors Features: hardwood floor, tray ceiling, natural light, vent

indoor wet bar featuring dark cabinets, open shelves, backsplash, light wood-type flooring, and light stone counters Features: open shelves, flat panel cabinets, sink, indoor bar, wine cooler, stone countertops, backsplash, hardwood floor, drop ceiling, black cabinets

exercise area with a drop ceiling and recessed lighting Features: tv

rear view of property with roof with shingles, a deck, a balcony, and board and batten siding Features: balcony, deck

aerial view of property and surrounding area with a large body of water Features: water view

view of patio featuring outdoor dining space and outdoor lounge area Features: patio, outdoor living space

view of patio / terrace with area for grilling Features: patio, grill, outdoor kitchen

view of patio with a gazebo Features: patio

view of property's community featuring a fire pit, a water view, a patio area, and a yard Features: water view, lawn, fire pit

back of property featuring a yard Features: lawn, porch, deck

living room featuring a wood stove, wood finished floors, a wooden ceiling with exposed beams, and wooden walls Features: wood wall, hardwood floor, wood ceiling, vent, natural light, wood stove, beamed ceiling

kitchen featuring dark countertops, stainless steel appliances, light brown cabinetry, decorative light fixtures, and a wood ceiling with exposed beams Features: dishwasher, pendant lighting, arched cabinets, sink, wood wall, range oven, microwave, countertops, wood ceiling, light brown cabinets, l shaped kitchen, refrigerator, raised cabinets, tile floor, beamed ceiling, natural light, kitchen bar, kitchen island

dining room with high vaulted ceiling, light wood-style floors, and wood ceiling Features: vaulted ceiling, natural light, hardwood floor, high ceiling, wood ceiling, vent, wood wall

laundry area featuring wood walls, tile patterned floors, and washing machine and dryer Features: vent, fire extinguisher, laundry, separate washer dryer, natural light, tile floor, wood wall

bedroom featuring wood finished floors, lofted ceiling, and wood ceiling Features: natural light, hardwood floor, vaulted ceiling, wood ceiling, low ceiling

bedroom featuring lofted ceiling, light wood-style flooring, and wood ceiling Features: natural light, low ceiling, hardwood floor, wood ceiling, baseboard radiator, vaulted ceiling

living room featuring a wood stove, light wood-style flooring, and recessed lighting Features: hardwood floor, natural light, vent, wood stove, tv

bedroom with light wood-style floors and recessed lighting Features: natural light, vent, hardwood floor

bedroom featuring light wood finished floors and recessed lighting Features: natural light, hardwood floor, vent

view from above of property with a nearby body of water Features: water view

view of side of property with a metal roof, an outbuilding, and a detached garage Features: detached garage, outdoor structure

garage with a workshop area and wooden walls Features: workshop, wood wall, electric panel

aerial view of property's location with a nearby body of water and a forest Features: water view, forest view

view of dirt / gravel driveway featuring a gate and a gated entry Features: gate

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For Sale - 191-221 Pennie Avenue, Tehkummah, Ontario

191-221 Pennie Avenue

Tehkummah , Ontario

3 7 $3,999,000

Est payment $19,203/mo

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Time on Jump 282 day

AI Summary *

Rare 116-acre waterfront property with extensive commercial potential.
9,000 sq ft log lodge with luxury amenities and entertainment spaces.
Private airstrip for quick access from Toronto; nearby commercial airport.
Backs onto protected land with hiking trails and natural beauty.
Ideal for creating a resort, retreat, or signature golf course.

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$ 199,950 ( 5% )

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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,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.

Listing IDX12388969

Address191-221 Pennie Avenue

CityTehkummah, Ontario

Price$3,999,000

Bed / Bath3 / 7 Full

StyleInvestment

Land Size116.8

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentCommunity Features Greenbelt/ConservationBasement 1Heating / Cooling RadiantSewer Septic

Market Info

Listing Agency:
Sotheby's International Realty Canada

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Listing Agency:
Sotheby's International Realty Canada

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For Sale - 191-221 Pennie Avenue, Tehkummah, Ontario

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