$649,000
Gravenhurst
Burnt Island, Gravenhurst (Morrison), Ontario, P0E1G0
This 1-bedroom, 1-bathroom home in Gravenhurst is for sale. Listed at $649,000, it is attractively priced about 7% below the $699,900 median asking price in Gravenhurst.
Welcome to Burnt island, the second largest island on Beautiful Kahshe Lake that is less than 50% developed gifting a natural paradise of beauty and wildlife. Here you will find the 1st of 2 properties being offered for Sale by the Seller after a generation of enjoyable ownership. This legacy property offers ultimate privacy on 3.65 acres with 912' of sprawling granite shoreline that could be your dream come true. A short 5 min boat ride from either Denne's or Rockhaven marina to the east side of Burnt island feels like a remote retreat that offers some of the most spectacular, undeveloped views of the lake. The uniquely shaped granite shore creates a small cove to tuck away your boat and fasten it securely to the rock shoreline that gently leads you to the property. No need to pace yourself, there is no uphill climb here. Once you arrive, you will experience how private this special spot on the lake truly is. Escape to the simple, rustic 1 bedroom, off the grid cabin to dream and plan your ideal cottage. Inside, the cabin is cozy and spacious with a private bedroom + 2 day beds. Preparing meals on the vintage, wood cooking stove may inspire the creative chef in you as it also warms the space. At night, you can dine by candlelight or hook up the previously used solar panels to power the lamps and charge your phone. A propane powered fridge is surprisingly efficient or if you prefer, there is hydro to the island that can be hooked up. After a day of exploring and hiking your own private acreage as well as the acres of crown land located behind this property, a refreshing swim and a cold drink on the deck will be a worthy treat to end your day on one of the most sought after lakes in Muskoka.This is the perfect property for explorers and those seeking acreage to roam amongst the wildlife. Come see the natural beauty of Burnt Island located only 1.5hrs from the GTA. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 168 days on market, against an average age of 95 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Gravenhurst (Morrison) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $649,000, about 7.8× the local median household income of $83,000.
Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 53% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0E)
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