Gravenhurst, ON · · MLS® X13247020Updated
$749,000Est. $3,680/mo mortgage
1 Island 20LM Island is a 2-bedroom, 1-bathroom rural home in Gravenhurst, listed for $749,000. It has 700-1100 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
First time offered in over seven decades! South Lake Muskoka, this Java Island property features 460 feet of gentle unblemished shoreline and approximately 1 acre of land prime for redevelopment. It is time for a new family to start making their own cherished memories. Adjacent proeprty - Lot 2 is also available for sale.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $1,070 per square foot. Chat with Zara if you'd like a deeper read on whether this rural home fits your budget and timing.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Gravenhurst market reportSold prices are shown free to signed-in members, as board rules require.
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1037 Sunrise Drive
3 bd · 1 ba · Rural residential
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1016 Laycox Road
3 bd · 1 ba · Rural residential
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11 Pinetree Rd S1 Road
3 bd · 1 ba · Rural residential
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1078 South Kahshe Lake Road
2 bd · 3 ba · Rural residential
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1187 Kahshe Lake Road
4 bd · 3 ba · Rural residential
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82 Pinetree Road
3 bd · 3 ba · Rural residential
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home1 Island 20LM Island 2 bd · 1 ba · 700 sqft | $749,000asking | $1,070 | — | — |
| 1037 Sunrise Drive 3 bd · 1 ba · 700 sqft | ||||
| 1016 Laycox Road 3 bd · 1 ba · 700 sqft | ||||
| 11 Pinetree Rd S1 Road 3 bd · 1 ba · 700 sqft | ||||
| 1078 South Kahshe Lake Road 2 bd · 3 ba · 1,100 sqft | ||||
| 1187 Kahshe Lake Road 4 bd · 3 ba · 1,500 sqft | ||||
| 82 Pinetree Road 3 bd · 3 ba · 2,000 sqft |
3 bd · 1 ba · 700 sqft
3 bd · 1 ba · 700 sqft
3 bd · 1 ba · 700 sqft
2 bd · 3 ba · 1,100 sqft
4 bd · 3 ba · 1,500 sqft
3 bd · 3 ba · 2,000 sqft
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
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20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: Chestnut Park Real Estate, BrokerageMLS® X13247020 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Homes for sale in Gravenhurst
Every active Gravenhurst MLS® listing, updated all day.
Based on 93 sales from Jul 24 – Oct 22, 2026 (75 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1 Island 20LM Island is listed at $749,000 (MLS® X13247020). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Gravenhurst. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
No — 1 Island 20LM Island is still listed at its original asking price of $749,000.
1 Island 20LM Island has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a rural home in Gravenhurst.
About $3,680 a month — principal and interest on $749,000 with 20% down ($149,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Its asking price of $749,000 is about 17% above the median sold price in Gravenhurst over the last 90 days, $639,000, across 93 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 1 Island 20LM Island on record from the last two years. Older records aren't shown under TRREB rules.
1 Island 20LM Island is in Gravenhurst, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
139 days — 1 Island 20LM Island was listed on June 5, 2026.
About $681 to $1,070 per square foot: the asking price of $749,000 over the 700–1,100 sq ft the listing gives as its size range.
The listing says 1 Island 20LM Island has no basement.
The lot is 25.995 acres, as published in the listing.
