Diamond Lake

Diamond Lake, Michigan Homes for Sale

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Diamond Lake, Michigan Homes for Sale

Diamond Lake Overview

Diamond Lake is one of Southwest Michigan’s largest and most prestigious recreation-friendly lakes, located in Cassopolis, and features a small island near its center.

Diamond Lake is known for its exceptional clarity, sandy bottom, and active waterfront community. It’s a hub for boating, sailing, and year-round recreation, all a little away from South Bend and the University of Notre Dame. The lake has its own island called “Diamond Island” (43 acres).

With more than 9 miles of shoreline, Diamond Lake offers a range of homes from classic cottages to luxury estates, many with panoramic views and private docks.

Quick Facts about Diamond Lake

Access: Via M-60 or M-62; South Bend International Airport ~an hour away

Living on Diamond Lake

Diamond Lake offers one of the most vibrant lake lifestyles in Southwest Michigan. With its large surface area and deep, clean water, it’s perfect for everything from sailing to wake surfing.

The shoreline features a mix of modern luxury homes, legacy family cottages, and custom-built estates. Diamond Island, accessible by boat, features premium properties with expansive lake views and privacy that rival those of any inland Michigan lake

Many residents live here year-round, supported by nearby Cassopolis schools, local restaurants, and essential services. Others maintain second homes, enjoying long summer weekends and extended stays. Community ties are strong: lake associations, sailing clubs, and neighborhood gatherings make Diamond Lake feel close-knit despite its size.

Whether you’re watching the sunrise from your dock, boating to lunch, or enjoying an evening around the firepit, Diamond Lake delivers the quintessential “up north” experience just two hours from Chicago.

 

Diamond Lake Real Estate Market

Diamond Lake consistently ranks among the most desirable and valuable lakefront markets in Southwest Michigan. Its combination of size, clarity, and accessibility to major cities drives high demand and limited inventory.

  • Entry-Level & Off-Lake Homes: Older cottages or homes just off the lake typically start around $750,000.
  • Mid-Range Lakefront Homes: Updated cottages and year-round homes with modest frontage often sell between $1,000,000 and $2 million.
  • Luxury Waterfront Properties: Larger homes with premium frontage, modern designs, and high-end finishes regularly sell from $2 million to $4 million.
  • Ultra-Luxury Estates: Rare, newly built homes or Diamond Island properties can exceed $4 – $5 million, though these represent the top end of the market.
  • Vacant Lots: Occasionally available but highly sought after. Prices vary significantly depending on size and location.

 

Diamond Lake’s reputation draws buyers for its luxury, boating culture, and proximity to Notre Dame. Sellers benefit from the strong demand and low inventory of high-quality lakefront listings.

diamond lake michigan homes for sale

Outdoor Activities on Diamond Lake

Diamond Lake’s size and depth make it a year-round playground for outdoor recreation.

Boating & Sailing

The lake’s expanse accommodates speedboats, pontoons, sailboats, and jet skis. The Diamond Lake Yacht Club, established in 1938, hosts sailing regattas and social events throughout the summer.

Winter Recreation

In colder months, residents enjoy ice fishing, snowmobiling, and visits to the Swiss Valley Ski & Snowboard Area (about a 15-minute drive).

Fishing

Anglers enjoy largemouth and smallmouth bass, bluegill, crappie, perch, and walleye. The lake’s clarity and variety of depths create excellent fishing conditions year-round.

Golf

Diamond Lake Golf Course, located just off the lake, offers a scenic local option.

Swimming

Sandy-bottom beaches and clear water make Diamond Lake perfect for swimming. Several public beaches and private association swim areas exist around the lake.

Hiking & Nature Trails

Dr. T.K. Lawless Park (about 40 minutes away) offers hiking, mountain biking, and cross-country skiing trails

Water Sports

Wakeboarding, tubing, and water skiing are staples of summer fun.

Kayaking & Paddleboarding

Early mornings and calm bays are perfect for paddling adventures.

Area Attractions Near Diamond Lake

Local Highlights

Dining & Nightlife

  • Stone Lake Bar & Grill: Located near neighboring Stone Lake, offering food, drinks, and live entertainment.
  • Cassopolis Brewing Company: Brews its craft beer in a charming taproom housed in the town’s historic fire station. They also serve specialty pizza and provide a spacious outdoor patio.

Events & Community

  • Cass County Fairgrounds: Just minutes from the lake, the fairgrounds host the annual Cass County Fair each summer, along with concerts and festivals throughout the year.
  • Cassopolis Downtown: A growing destination with restaurants, cafes, and a revitalized lakefront area.

Nearby Destinations

  • South Bend / Notre Dame: 30 minutes away for college sports, museums, and dining.
  • Chicago: Just over two hours by car, making Diamond Lake a popular weekend retreat.
  • Kalamazoo: About an hour away for shopping, breweries, and cultural attractions

Neighboring Lakes

Diamond Lake sits amid several scenic Cass County lakes:

  • Stone Lake: Adjacent to Cassopolis, smaller and quieter, with family-friendly parks.
  • Paradise Lake: A tranquil spot popular for fishing and kayaking.
  • Donnell Lake: A sport-friendly lake with great swimming and a tight-knit community.

These neighboring lakes add variety to the region, but Diamond Lake remains the premier destination for luxury lakefront living and recreation.

Common Questions of Diamond Lake Homebuyers

How large is Diamond Lake?

Diamond Lake covers about 1,020 acres and reaches depths up to 64 feet, making it one of Southwest Michigan’s largest inland lakes.


Yes. Boating, sailing, wakeboarding, and personal watercraft are all permitted.

Homes typically range from $600,000 for off-lake or smaller cottages to $2.5 million for premium lakefront homes. Rare luxury builds and island properties can reach $4–$5 million.


Yes. There’s a public boat launch on the southwest end and public swimming access in select areas.

Cassopolis, South Bend, and Elkhart offer dining, shopping, and entertainment. Diamond Lake Golf Course and the Yacht Club provide local recreation options.

Absolutely. Many residents live full-time, and the area supports both summer tourism and four-season recreation.

Common Questions of Diamond Lake Homesellers

Why do buyers choose Diamond Lake?

Its size, clarity, and proximity to major cities make it one of Michigan’s most sought-after lakes for both vacation and permanent residences.

Frontage type, water depth, and property size play major roles. Island and point-front properties typically command premium pricing.

Inventory is limited. Updated, move-in-ready homes with quality frontage often sell quickly, especially in spring and early summer.

Modernized docks, outdoor kitchens, and remodeled interiors add strong buyer appeal.

Spring and early summer attract the most active buyers, though high-end properties can draw interest year-round.

Work with The Lake Life Realty

Whether you’re looking for a summer retreat, a luxury island property, or ready to sell your Diamond Lake home, The Lake Life Realty is your trusted partner. As specialists in Michigan’s lakefront markets, we understand the nuances of pricing, seasonal timing, and what makes Diamond Lake truly shine.

Contact The Lake Life Realty today to explore current Diamond Lake listings or schedule a complimentary home valuation.

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If you're looking for a perfect place on the water, bring your family down to Southwest Michigan. You'll never run out of things to do or places to explore.