16LK-1 Wolf Island

Gravenhurst, P0E 1G0
FOR SALE
$1,375,000
16LK-1 Wolf Island, Gravenhurst
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
16LK-1 Wolf Island
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16LK-1 Wolf Island
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16LK-1 Wolf Island
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16LK-1 Wolf Island
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
X11994691
MLSID
Contact Us
Property Description
Own an entire island in MUSKOKA! Experience the epitome of lakeside luxury on Wolf Island - a stunning 1.85-acre paradise with 1,320 feet of pristine water frontage offering spectacular views in all directions, on stunning Kahshe Lake, Ontario! Nestled in the heart of Muskoka, this property is the ultimate sanctuary for nature lovers and those seeking an escape from the hustle and bustle. Immerse yourself in the charm of this inviting cottage, complete with a classic Muskoka Room perfect for relaxing and enjoying panoramic lake views. The wood-burning fireplace provides warmth and ambiance, making it a perfect getaway. Your guests will enjoy privacy and comfort in the heated and insulated guest house, featuring a convenient kitchenette. An interior built with premium Western red fur wood and fitted with Loewen windows, this space exudes quality and that quintessential Muskoka cottage lifestyle. The property is equipped with a water closet featuring laundry facilities and a second bathroom for added convenience. A tool shed provides ample storage for your outdoor equipment. Desirable & valuable underwater hydro wiring ensures a clean and unobstructed landscape. The island is serviced by a reliable septic system and a UV filtration system for fresh, clean water. A generator is also included to ensure uninterrupted power supply. Enjoy the sandy beach for sunbathing and swimming, and make use of the three docks for boating, fishing, and water sports. The expansive frontage offers a variety of serene spots to build your own dream cottage as well. Situated within eyesight of two marinas and just 1.5 hours from the Greater Toronto Area, this island offers both seclusion and accessibility. Wolf Island on Kahshe Lake is not just a property; its a lifestyle. This island offers unparalleled beauty and tranquility. Dont miss the opportunity to own a piece of Muskoka's finest. Contact us today to schedule your tour of this exceptional property.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-03 2024-10-31 125 $1,375,000 - Expired
Property Features
Waterfront, Wooded/Treed
Property Details
Property Type
Detached, Bungalow
Fronting
West
Taxes
$2,855 (2024)
Basement
None
Exterior
Wood
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Wall Unit
Water
Other
Garage Type
Detached
Gravenhurst Market Statistics
Gravenhurst Price Trend
16LK-1 Wolf Island is a 2-bedroom 2-bathroom home listed for sale at $1,375,000, which is $734,000 (114.5%) higher than the average sold price of $641,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Gravenhurst declined by $9,000 (1.4%) compared to the previous 30 day period (December 22 - January 20) and up $411,000 (178.7%) from the same time one year ago.
Inventory Change
There were 5 2-bedroom homes listed in Gravenhurst over the last 30 days (January 21 - February 19), which is up 150.0% compared with the previous 30 day period (December 22 - January 20) and up compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Gravenhurst typically sold ($11,400) (1.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $8,500 increase compared to the previous 30 day period (December 22 - January 20) and ($20,000) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Gravenhurst over the last 30 days (January 21 - February 19) stood at 80.0%, up from 50.0% over the previous 30 days (December 22 - January 20) and down from one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Gravenhurst stood at 77 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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