Primary photo of 5 Gerald Lane, Mill River East
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House For Sale

$949,000

MLS® Number: 202610652

Bedrooms

6

Bathrooms

3

Land Size

0.54

Year Built

2015

5 Gerald Lane, Mill River East, Prince Edward Island

About This Property

An amazing executive waterfront home with a lower level waterfront 4+star 3 bedroom air bb rental. A extraordinary home that features an open floor plan with a large custom kitchen equipped with all the modern conveniences, elegant cabinets, Quartz countertops, stainless steel appliances, grand Island and large hideaway cabinets for smaller appliances. The beautiful floor plan allows the open concept kitchen dining and living room to flow seamlessly onto a large back terrace, overlooking the breathtaking views of Mill River. One can walk out to the back terrace from the dining room, the bright living room and from the master bedroom. The king-size master bedroom has a large ensuite with ceramic tile shower and separate soaker tub and an oversized walk-in closet. There is also 2 other beautiful bedrooms, half bath and laundry area on the main level. The lower level is ground level it?s nice and bright and fresh and is quiet and just as amazing as the upper floor with three walkouts and is fully finished with a second kitchen, dining, living room, 3 bedrooms and an oversized laundry room. The lower level is used for Air BB and is currently rated #1 in Western PEI and it is booked year-round. Many possibilities here to remain with additional income or use as an in-law suite. The backyard features also a storage building for kayaks, toys, etc. Also there is a a screened in cedar gazebo equipped with sitting area and bar that has been used for wedding receptions. The backyard features accessible stairs down to the water and floating dock. The exterior of the home is finished with solid PVC siding from Nova Scotia, Royal Select with a lifetime warranty. Home has a steel roof. This home was built with the very best products & materials to maximize in quality and comfort! The living space on the main level is 1950 sf and downstairs it?s 1959. The double car heated garage is 25x23 with 12 ft ceilings.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave

Bathrooms Partial

1

Bathrooms Total

3

Bedrooms Total

6

Cooling

Air exchanger

Fireplace

True

Flooring

Engineered hardwood, Ceramic Tile

Heating

Radiant heat, In Floor Heating, Oil, Electric, Wall Mounted Heat Pump, Furnace

Building & Exterior

Exterior Features

Vinyl

Foundation Details

Poured Concrete

Parking Features

Attached Garage, Parking Space(s), Concrete, Heated Garage

Year Built

2015

Land & Location

City Region

Mill River East

Community Features

School Bus, Recreational Facilities

Lot Features

Sloping, Wheelchair access, Balcony

Lot Size Area

0.54 acres

Lot Size Dimensions

0.54

Parcel Number

644849

Postal Code

C0B1B0

View

River view

Listing & Financials

Listing Office

ROYAL LEPAGE COUNTRY ESTATES 1985 LTD

Originating System Name

Prince Edward Island Real Estate Association

Other Specifications

Common Interest

Freehold

Country

Canada

Waterfront Features

Waterfront

Mortgage Calculator

20% ($189,800)
5.5%
25 Years

Estimated Monthly Payment

$4,662

Principal and interest only. Actual rates may vary.

Location & Map

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List Property6 Bed House for Sale — 5 Gerald Lane, Mill River East | $949,000 | Lify.ca