8 hours on Market

1 Diamond Island, Gravenhurst, Ontario P1P 1R3

Detached
3
2
~1100-1500 sqft
$1,895,000
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Detached
3
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market8 hours

Estimated valueNot available

Price/Sqft$1,493/sqft

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Description

Welcome to your own private island sanctuary on Lake Muskoka. Offering unmatched privacy, breathtaking west-facing views & spectacular sunsets, this turnkey retreat is located just minutes by boat from Villas Marina & only 2 hrs from the GTA. Privacy is the ultimate luxury for today's waterfront buyer & this exceptional island property delivers it in abundance. Surrounded by water, mature pines, & panoramic lake views, this is a place to truly disconnect while remaining conveniently close to mainland access. Built in 2005, the Viceroy-style cottage features 3 bedrooms and 1.5 bathrooms with soaring vaulted wood ceilings & a bright open-concept design. The Great Room seamlessly blends the kitchen, dining & living areas, while walls of windows frame stunning water views from virtually every room. A wood stove adds warmth & ambiance on those cooler Muskoka evenings. Designed for effortless indoor-outdoor living, the cottage offers a wraparound upper deck perfect for entertaining & a covered lower porch with walkouts from 2 of the bedrooms for quiet mornings overlooking the lake.The property also includes a classic cedar sauna, multiple docks, a 2-slip boathouse, a workshop with potential for additional living space & a rustic bunkie tucked away on the south end of the island. Whether used for guests, hobbies, or storage, these additional structures provide flexibility & future potential. Being sold fully furnished & turnkey, simply arrive with your suitcase & groceries & start enjoying summer immediately. Rarely does a property of this calibre, price & privacy become available on Lake Muskoka. Whether you are seeking a family compound, peaceful getaway, or long-term investment in one of Muskoka's most prestigious waterfront locations, this remarkable island retreat offers the best of Muskoka living. Experience the ultimate combination of privacy, convenience, natural beauty, and timeless cottage charm. Silence, space, and soul...the magic of island life awaits!


Property Details

Style2-Storey
ViewLake, Panoramic, Trees/Woods
Age of property-
SqFt~1100-1500 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX13458660
Community NameGravenhurst
Data SourceTRREB
Listing byChestnut Park Real Estate

Features

Heating: Baseboard
Fireplace

Upper Floor

Bathroom

1.51 x 1.3

2 Pc Bath

Living

6.13 x 5.72

Kitchen

4.47 x 3.51

Dining

3.52 x 3.39


Property History

Jun 18, 2026
ListedActive
$1,895,000
8 hours on market
history photo preview49
Listing by trreb®
Property listed by Chestnut Park Real Estate, Brokerage
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Market Data - Gravenhurst

Geo Zone Map ThumbnailGravenhurst

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2025

50 days

2024

33 days

2023

35 days

New Listings

Past 30 days

114 listings

Compared to

2025

95 listings

2024

91 listings

2023

83 listings

Units sold

Past 30 days

24 units

Compared to

2025

33 units

2024

37 units

2023

40 units

Median Sold Price

Past 30 days

$687,500

Compared to

2025

$785,000

2024

$755,000

2023

$790,000


Population and Demographics

Overview

Total population 12932
Average household income $114,896

Age (%)

0 to 19
15%
20 to 34
15%
35 to 49
16%
50 to 64
25%
65 and plus
30%

Household composition (%)

Single family
64%
Single person
31%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
95%
Others
4%

House tenancy (%)

Owners
79%
Renters
21%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget