Extraordinary Luxury Estate with Lake Views on 12 Private Acres Welcome to Pheasant Cove Estate in the prestigious Lake of the Woods community. Set on 12 private acres with beautiful lake views, this exceptional custom-built estate offers outstanding craftsmanship, privacy, and executive living surrounded by nature. Built with premium Insulated Concrete Form construction, this home delivers exceptional durability, energy efficiency, and peace of mind. Rich hardwood floors, premium countertops, custom millwork, beautifully tiled bathrooms, and expansive windows create a timeless, elegant interior filled with natural light. The heart of the home is a spectacular open-concept kitchen, dining, and living area designed for everyday comfort and effortless entertaining. A generous walk-in pantry keeps the kitchen organized while providing exceptional storage. The main residence features three spacious bedrooms, each with its own private ensuite bath and walk-in closet, offering outstanding comfort and privacy for family members or guests. Adding even greater value is a second standalone residential building on the same PID with its own civic address, constructed to the same exacting standards. 106 Ashley Court is a private backyard suite offering exceptional flexibility as a luxury guest house, executive in-law suite, long-term rental, or as an Airbnb providing providing rental income. Nestled in a peaceful estate setting, this property is only minutes from shopping, schools, recreation, and major transportation routes, providing the perfect balance of privacy and convenience. Luxury estates of this calibre are rare. Combining superior construction, breathtaking lake views, multi-generational living potential, income opportunities, and an exceptional location, this is far more than a home—it is a legacy property designed for discerning buyers. Schedule your showing and experience one of Lake of the Woods' finest offerings.
Highway 103 to Exit 4. Take Highway 3, St Margarets Bay Road to Silver Birch Drive. Take Five Island Road to Ashley Court.
Listing Sub-Area:
40-Timberlea, Prospect, St. Margaret's Bay
Property Type:
Residential
Residential Type:
Single Family
Residential Style:
Detached
Title To Land:
Freehold
Home Style:
2 Storey, 2 Level
Exterior Finish:
Vinyl
Year built:
2023
(Age: 3)
Age:
3
Bedrooms:
4
Bedrooms Above Grade:
4
Bedrooms Below Grade:
0
Full Bathrooms:
4
Half Bathrooms:
1
Main Living Area:
4,041 sq. ft.375 m2
Floor Area:
4,041 sq. ft.375 m2
Building Dimenions:
Front 60', Left Side 40', Right Side 45', Back 60'
Prop Size:
10 to 49.99 Acres
Lot Size:
11.77 acre(s)4.76 hectare(s)
Zoning:
R-1
Water Supply:
Well
Sewer:
Septic
Foundation:
Insulated Concrete
Floor Finish:
Engineered Hardwood, Tile
Roof:
Metal
New Constr.:
No
Basement:
None
Heating:
Hot Water, In Floor, Radiant
Fuel:
Propane
Utilities:
Cable, Electricity, High Speed Internet, Telephone
Garage:
Attached, Triple
Garage Description:
Three-car garage, main house. Two-car garage, backyard suite.
Parking Description:
Outdoor parking for four cars in and around circular driveway.
Driveway:
Gravel
Floor
Type
Size
Other
Main Floor
Foyer
6'9"2.06 m × 6'6"1.98 m
Main Floor
Kitchen
16'5"5.00 m × 9'6"2.90 m
Main Floor
OTHER
6'9"2.06 m × 6'1.83 m
Main Floor
Living Room
19'6"5.94 m × 16'7"5.05 m
Main Floor
Dining Room
17'5.18 m × 12'5"3.78 m
Main Floor
Primary Bedroom
14'6"4.42 m × 14'5"4.39 m
Main Floor
Laundry
14'5"4.39 m × 7'10"2.39 m
Main Floor
Utility
6'9"2.06 m × 5'3"1.60 m
2nd Level
Bedroom
15'4"4.67 m × 13'8"4.17 m
2nd Level
Bedroom
22'1"6.73 m × 14'1"4.29 m
2nd Level
Bedroom
14'8"4.47 m × 14'5"4.39 m
2nd Level
Bedroom
14'6"4.42 m × 14'2"4.32 m
2nd Level
Living Room
23'1"7.04 m × 12'4"3.76 m
2nd Level
Kitchen
14'5"4.39 m × 8'8"2.64 m
2nd Level
Bedroom
12'7"3.84 m × 11'6"3.51 m
Floor
Ensuite
Pieces
Other
Main Floor
No
-
6'9" x 6'8"
Main Floor
Yes
2
6'2" x 14'5"
2nd Level
Yes
-
2nd Level
Yes
-
6'2" x 14'1"
2nd Level
No
-
6' x 1'
Balcony, Air Exchanger, Alarm System, Ensuite Bath, HRV (Heat Rcvry Ventln), Secondary Suite, Wheelchair Access, Gas Stove(s), Propane Fireplace, Generator Panel, Radon Mitigation System, 1758
Deck, Patio, Greenhouse, Shed
Propane Tank
Cooktop – Propane, Oven - Propane, Dishwasher, Dryer - Electric, Washer, Microwave, Refrigerator, Wine Fridge, Water Purifier, Water Softener, Other
Data was last updated November 9, 2026 at 07:20 PM (UTC)
Area Statistics
Listings on market:
160
Avg list price:
$724,950
Min list price:
$189,900
Max list price:
$2,799,000
Avg days on market:
60
Min days on market:
3
Max days on market:
448
Avg price per sq.ft.:
$331.41
These statistics are generated based on the current listing's property type
and located in
40-Timberlea, Prospect, St. Margaret's Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.