Private Island+Mainland Peninsula: Designer Home PRICE REDUCED to $1 million below appraised value Start Price USD 1,995,000.00 Current Price USD 1,995,000.00 Time Left - Bid Count 5 Buy It Now Price - Reserve Price - Start Time Tuesday, July 08, 2008 End Time Monday, October 06, 2008 Location Aventura, FL See more about 'Private Island+Mainland Peninsula: Designer Home' Description Jewel of Muskoka Lakes Cottage Country.  Celebrity or Executive Secluded Getaway 2 hours north of Toronto, Canada.....Approx. 1700` of private island shoreline and 370` of mainland peninsula on quiet, spring-fed, crystal clear High Lake.  A captivating luxury property. An architectural masterpiece on a private Island: 5,500 sq ft on 3 floors plus loft featuring 2,250 sq ft glass observatory on top floor with freestanding fireplace.  Additional 2,800 sq ft terraces and an outdoor hot tub.  Open areas for spacious living. An exhilarating refined lifestyle.  Elegant tinted patented Four Season CONSERVAGLASS PLUS energy efficient windows designed for high visibility and low reflectivity. 360 degree panoramic view of sunrise and sunset over pristine water and forest. Original greenbelt shore on half of this quiet clean clear lake 100% spring fed with 70 foot waterfall to adjoining Skeleton Lake. The 4+ acre island has majestic 100 year old white pine and oak trees in landscaped park setting with sandy beach and picnic areas. An excellent private family compound with other possible building sites. Walk through your private forest. Enjoy all 4 seasons in comfort - it's beautiful any time of the year.  Engineered foundation on pre-cambrian rock of poured concrete, steel beam and glass construction. Beautiful low maintenance composite flagstone floors and exterior.  Kitchen which is in the top floor observatory area has 2 Sub Zero appliances: refrigerator drawers and freezer drawers plus Dacor counter top stove and built-in oven, L-shaped 20'X10' 4 ft wide granite marble counters plus 10'X6' marble center island with breakfast bar - all with incredible surround view. Open dining living area "Great Room" 21'X32' with maple circular staircase to glass solarium L-shape loft 21'X10'.  "Long Room" observatory area of 22' X 44'.  Second floor Master Bedroom 13'x38' with 2 Ensuite His/Hers Baths, Jacuzzi, Walk-In Closet. 2 Guest bedrooms with ensuite baths, Visitor powder room.  Media recreation room 27'x30' with walkout and sauna room area. N.S.E.W. patios for ease of entertaining. Waterside Stone BBQ and patio BBQ.  Basement has garage door to 27'x32' workshop and mudroom, 9'x12' electrical room with 400 amp service, 6'x9' storage pantry with standup freezer and refrigerator, wine cellar, and 9'x14' laundry room with washer and dryer. Finishing details for you to personalize. At night the island is transformed into a magical place. We have many 300 & 500 Watt halogen lights all around the main compound that light the 100 ft white pines.  From inside,  the island becomes a totally different place. It's a 360 degree wonderland. It's also a terrific time to walk around outside or light the outdoor fireplace and have a BBQ right beside the lake.  See the incredible view of the starry night and fairyland island setting ! Due to many factors there are virtually no bugs in the summer or fall. Day time or Night time: it's a real hard choice for which is best. Separate small insulated barn and adjoining greenhouse. 18 FT Princecraft Pontoon Boat with 40HP motor + 2 aluminum pontoon barges/floating docks.  2 Satellite receivers (Hughes/Galaxy Internet + Bell Expressvu TV).  Private mainland property with ease of parking and boating. Year round road access.  Great area for water sports, snow sports, hiking, art galleries, trail riding, etc. Land your plane on the lake or at the nearby airport.  Golf courses and shopping are minutes away.  LOW taxes of $3,900 including both properties !!  Original family ownership since purchased from the Crown in 1948.  Owners are seniors living in Miami, FL.  We will also consider joint ownership with compatible buyer.  An extraordinary property for extraordinary lives. GPS Location: ISLAND:  45°14'5.98"N 79°29'45.12"W   MAINLAND PENINSULA: 45°14'12.66"N  79°30'12.05"W Place a Bid!