Homes For Sale in Muskoka Bay

About Muskoka Bay

Muskoka Bay is a golf-course community in Gravenhurst set around Muskoka Bay Club. Homes here are typically detached houses and townhomes, many with fairway frontage.

Golf-course buyers are buying a lifestyle: morning tee times, generous lots, and a built-in view. Every listing below sits inside the community boundary shown on the map.

The homes of Muskoka Bay

Muskoka Bay is a four-season resort community in Gravenhurst by Freed Developments, built around the Muskoka Bay Club — and the real-estate proposition bundles the golf in: the developer's materials state that all real-estate purchases include the golf club membership initiation fee, plus clubhouse access. The product mix spans lower-maintenance luxury villas (about 1,350 to 2,200 square feet), larger Muskoka-style homes (about 1,350 to 4,000 square feet), and condominium offerings including the Fairway Villas and Ravine Villas (about 1,500 square feet each) and The Residences II (about 2,000 to 2,500 square feet). It's resort product designed for lock-and-leave ownership as much as full-time living.

Resale listings show the range. A 2,825-square-foot bungaloft at 15 Muskoka Bay Boulevard — originally designed as a model home, with cathedral ceilings, granite kitchen, sunroom with floor-to-ceiling stone fireplace and a stone patio framed by granite outcroppings — was marketed as a prestigious Muskoka Bay residence moments from the resort and its award-winning course. Project marketing listed condos starting from $549,900. The villas nestled into the course's terrain were historically marketed from the $460,000s to over $600,000, with larger Muskoka-style homes from the mid-$400,000s to over $1 million — dated figures that frame the product tiers rather than today's prices.

Condominium tenure applies to the villa and condo product, so the status certificate matters: fees, reserve fund, rental provisions (the resort's short-term-rental-friendly positioning is part of the pitch — confirm the exact rules), and what's included. The bundled golf membership initiation is a genuine differentiator — have your lawyer confirm exactly what it conveys and what ongoing dues apply.

Amenities and daily life

The Muskoka Bay Club is the community's centrepiece and one of the country's notable courses: a Doug Carrick design opened in 2007, routed through the rugged rockier terrain at the back of the property (the gentler land was reserved for real estate), playing 7,367 yards at par 72. It was named Golf Digest's best new Canadian course for 2007 and has ranked among Canada's top 10. The 17,000-square-foot Clifftop Clubhouse — perched on a rocky outcropping overlooking the first tee and 18th green — holds the dining, pro shop and event spaces, joined by the Cliffside Restaurant, spa services, fitness studio, tennis courts, infinity pool and firepit.

Beyond the resort gates, Gravenhurst — 'the Gateway to Muskoka' — is moments away with its downtown shops, restaurants and the Muskoka Wharf waterfront. The area's recreation is the Muskoka canon: boating on the lakes, hiking and cycling trails, and winter sports. This is a resort community where the amenity package is the lifestyle — owners buy into the club, the dining and the programmed four-season calendar.

The buyer mix is second-home owners, retirees and investors, with a growing full-time population. The resort's short-term-rental-friendly positioning means investor-buyers are an explicit part of the market — confirm the current rental rules and the realistic income picture before underwriting a purchase on rental revenue.

Location and the commute

Muskoka Bay sits in Gravenhurst, just off Highway 11 — less than two hours from Toronto, moments from downtown Gravenhurst and the Muskoka Wharf. That's the outer edge of weekend-home range and well beyond commuter distance; there is no rail service. The location's logic is the resort logic: close enough for the Friday drive, far enough to be Muskoka.

For full-time residents, Gravenhurst is a complete small town with schools, medical services and year-round retail — the community works as a primary residence for remote workers and retirees. For everyone else, it's the four-season retreat: golf season May to October, ski season in the winter, and the lakes in between. The Highway 11 drive in winter deserves a firsthand trial before committing to year-round life.

Muskoka Bay market snapshot

Muskoka Bay trades as a resort market with Muskoka dynamics — discretionary purchases, Toronto-buyer sentiment, and prices driven by product tier and outlook. Project marketing listed condos from $549,900; resale bungalofts and Muskoka-style homes span from the mid-six figures into seven figures depending on size, finish and setting. The bundled golf membership initiation is embedded in values — it's part of what distinguishes the community from non-golf Muskoka product.

For valuation, compare within the resort by product type: Fairway Villa to Fairway Villa, Muskoka-style home to Muskoka-style home. And price the all-in carrying cost — mortgage plus condo fees plus the golf club's ongoing dues — against the realistic rental income if it's an investment purchase. Resort markets reward realistic pricing and punish aspirational asks with long days on market.

Buying in Muskoka Bay: what to check

The bundled golf membership is the first diligence item: confirm in writing exactly what the purchase includes — the initiation fee is stated as included, but verify the membership category, transfer terms, and the ongoing annual dues, which are the real long-term cost. Get the club's current fee schedule directly, not just the developer's summary.

Then the condominium diligence for villa and condo product: status certificate, fee history, reserve fund, insurance, rental provisions and the declaration's rules. The resort's rental-friendly positioning is a feature — but 'friendly' still has rules, and the Town of Gravenhurst's licensing requirements apply on top of the corporation's. Confirm both before buying as an investor.

Finally, the Muskoka realities: winter access and snow management, the age and condition of the specific building (the community's phases span nearly two decades), moisture management in a lakeside climate, and — for the full-time-life question — healthcare access, internet reliability and the year-round social fabric beyond the resort's programmed calendar.

Frequently Asked Questions