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For sale
  • C$1,895,000

    1 Diamond Is, Gravenhurst, ON P1P 1R2

    3beds
    2baths
    Single Family Residence
    Built in ----
    0 Square Feet Lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Viceroy-style cottageSoaring vaulted wood ceilingsBright open-concept designClassic cedar saunaMultiple docks
    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!
    10 days
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    50
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    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Chestnut Park Real Estate

    Source: TRREB,MLS®#: X13458660MLS LogoOriginating MLS®#: One Point Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Primary bedroom
      • Level: Main
      • Dimensions: 4.6 x 3.73
      Bedroom 2
      • Level: Main
      • Dimensions: 3.52 x 3.39
      Bedroom 3
      • Level: Main
      • Dimensions: 4.37 x 3.45
      Bathroom
      • Level: Upper
      • Dimensions: 1.51 x 1.3
      Bathroom
      • Level: Main
      • Dimensions: 2.43 x 2.22
      Dining room
      • Level: Upper
      • Dimensions: 3.52 x 3.39
      Kitchen
      • Level: Upper
      • Dimensions: 4.47 x 3.51
      Living room
      • Level: Upper
      • Dimensions: 6.13 x 5.72
      Workshop
      • Level: Main
      • Dimensions: 8.09 x 4.27
      Heating
      • Baseboard, Wood
      Cooling
      • None
      Appliances
      • Included: Countertop Range, Water Heater Owned
      Features
      • Primary Bedroom - Main Floor, Workbench, Storage
      • Flooring: Carpet Free
      • Basement: None
      • Has fireplace: Yes
      • Fireplace features: Wood Burning Stove
      Interior area
      • Living area range: 1100-1500 null

      Property

      Features
      • Stories: 2
      • Patio & porch: Deck, Porch
      • Exterior features: Landscape Lighting, Privacy, Fishing, Marina, Private Dock
      • Pool features: None
      • Has view: Yes
      • View description: Lake, Panoramic, Trees/Woods
      • Has water view: Yes
      • Water view: Lake,Direct
      • Waterfront features: Boathouse, Dock, Island, Marina Services, Direct, Lake
      • Body of water: Lake Muskoka
      Lot
      • Size: 0 Square Feet
      • Features: Island, Lake Access, Marina, Wooded/Treed, Waterfront, Level, Irregular Lot
      • Topography: Wooded/Treed,Level,Dry
      Details
      • Additional structures: Sauna
      • Parcel number: 481740137

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood
      • Foundation: Post & Pad, Piers
      • Roof: Asphalt Shingle

      Utilities & green energy

      • Sewer: Septic
      • Water: Lake/River

      Community & HOA

      Location
      • Region: Gravenhurst

      Financial & listing details

      • Annual tax amount: C$7,060
      • Date on market: 6/17/2026
      Chestnut Park Real Estate

      Chestnut Park Real Estate

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        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: P1P

        Nearby schools

        GreatSchools rating

        No schools nearby

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