Fall Market is Here! Call or text me at 705-879-8200 for your FREE, no-obligation opinion of value.
Fall Market is Here! Call or text me at 705-879-8200 for your FREE, no-obligation opinion of value.
Are you interested in buying or selling a home or cottage on Four Mile Lake? Here’s everything you need to know about this prestigious lakefront community, from lifestyle and amenities to real estate trends and what makes this shoreline one of the most desirable in Kawartha Lakes.
Four Mile Lake is an upscale, highly sought-after lake community located east of Coboconk and north of Fenelon Falls. Known for its crystal-clear water, deep rocky shoreline, and scenic rolling terrain, the lake offers a classic Kawartha cottage experience with a quieter, more exclusive feel than nearby larger lakes.
The shoreline features a mix of modern luxury cottages, renovated A-frames, and traditional family cabins. With limited public access and fewer rental-style properties, Four Mile Lake attracts buyers looking for privacy, tranquility, and premium waterfront.
The lake’s clean water, stunning sunsets, and excellent swimming conditions make it especially popular with families, retirees, and Toronto-area buyers seeking a higher-end retreat within 2 hours of the GTA.
Average Sale Price
$958,625
List-to-Sale Ratio
96%
Total Sales
8
Total Listings
14
Market Type
Selective market – clear premiums for year-round living
2025 on Four Mile Lake was defined by stronger sales activity, modest price growth driven by increased inventory, and a clear divide between properly priced year-round homes and seasonal cottages. Buyers rewarded realistic pricing and strong waterfront features, while overpriced seasonal and steep-slope properties struggled to sell.
Four Mile Lake is located in the northern part of Kawartha Lakes, just east of Coboconk and a short drive north of Fenelon Falls. It sits between Highway 35 and the Queen Elizabeth II Wildlands Provincial Park, offering a quiet setting while still being easily accessible year-round.
The lake is approximately:
Its location strikes a balance between convenience and privacy, close enough to amenities for comfort, yet removed enough to feel like a true cottage escape.
Four Mile Lake spans roughly 1.7 km in length and is known for its deep, clean water and rugged Canadian Shield terrain. The shoreline varies around the lake, giving each property its own unique character:
The lake bottom consists mostly of rock and sand, contributing to excellent water clarity and a refreshing swimming experience.
Because development is limited and much of the surrounding terrain is forested, the lake maintains a natural, unspoiled feel rarely found on higher-traffic Kawartha lakes.
Four Mile Lake has a low-to-moderate density cottage community when compared to nearby Sturgeon or Balsam Lake. The majority of properties are traditional cottages or upgraded four-season homes, many passed down through generations.
Key characteristics include:
The result is a community that feels friendly and established, yet never crowded.
Four Mile Lake is well-suited for a wide range of recreational activities:
While the lake is smaller than some of its neighbours, it offers a strong mix of activity and tranquility, making it ideal for families who want recreation without overwhelming boat traffic.
Four Mile Lake offers enjoyable, family-friendly fishing with healthy populations of warm-water species. Anglers commonly catch:
The lake’s rocky structure and deep sections make it especially appealing for bass fishing, particularly in late spring and summer. Although it’s not considered a major sport-fishing destination, it provides consistent results for weekend anglers and kids learning to fish.
Yes. Four Mile Lake is known for clean, clear water with rocky and sandy bottoms. Most areas offer excellent swimming, especially along the deeper western and southern shores. Some shallower pockets in the northern basin may have more weed growth, but overall water quality is consistently high.
Yes, the lake supports motorboats, pontoons, runabouts, and ski boats. Wakeboarding and tubing are best in the lake’s deeper central sections. In narrower bays, lower speeds are recommended to prevent shoreline erosion.
The lake reaches depths of approximately 60–70 feet in its deepest sections, with a mix of shallow areas and mid-depth shelves around the shoreline. The combination of depth and rocky bottom contributes to the lake’s excellent water clarity.
Wakeboarding is common, but surf boats with large ballast systems should be used with caution due to the lake’s size and proximity of some shorelines. Central, deeper sections are more suitable for tow sports.
The lake is home to smallmouth bass, largemouth bass, perch, and panfish. It’s not considered a trophy fishery, but it offers reliable, enjoyable fishing for families and recreational anglers.
Most cottage roads around the lake are municipally maintained or well-managed year-round. Some smaller roads may be private or partially maintained, so buyers should confirm winter access before purchasing.
Public access is limited, contributing to the lake’s quieter feel. There is a small public boat launch nearby, but it is not large enough to encourage heavy day-use traffic.
Short-term rentals exist but are less common than on larger, busier lakes. Many owners are long-term cottage families or year-round residents. Density, privacy, and community feel remain strong because turnover is relatively low. Always check the latest Kawartha Lakes Short Term Rental bylaws before listing or buying with that intent.
The market is highly competitive due to limited inventory. Properties rarely come up for sale, and well-maintained cottages often attract strong interest. Deep-water, west-facing, and updated four-season homes typically command premium pricing.
Yes, as with all Kawartha Lakes waterfront properties, septic systems must meet current regulations, and renovations require proper permits. Buyers should plan for due diligence on septic age, well water quality, and shoreline alteration rules.
The lake is 5 minutes to Coboconk (groceries, LCBO, dining), 15 minutes to Fenelon Falls, and roughly 2 hours from the GTA. This balance of access and privacy is part of its appeal.
No, Four Mile Lake is a standalone lake, not part of the Trent-Severn Waterway. Some buyers prefer this because it leads to less boat traffic and a quieter atmosphere.
If you’re considering selling, understanding where your property fits within today’s Four Mile Lake market is critical, especially when seasonal and year-round values are behaving very differently.
If you’re buying, having access to accurate pricing guidance and new listings as they come up can make a significant difference.
Call or Text: (705) 879-8200
Email: jasonrichard@royallepage.ca
