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Recreational For Sale

$1,850,000

MLS® Number: 202613846

Bedrooms

9

Bathrooms

7

Land Size

1.06

Year Built

1998

59 River View Crescent, Margate, Prince Edward Island

About This Property

Welcome to your dream waterfront retreat on the Southwest River in Margate, PEI. This exceptional estate offers over 8,100 sqft of finished space across two buildings: A 5 bedroom farmhouse style main home and a 3 bedroom, 2 bath guest house/garage loft. Set on a private stretch of riverfront, this property offers the space, privacy, and lifestyle of the ultimate PEI escape. The main home features vaulted ceilings, a floor to ceiling stone Napoleon fireplace, and patio doors leading to a large deck with panoramic river views. The newly renovated gourmet kitchen showcases custom cabinetry, new countertops, sink, and a stunning island finished with exterior stonework, butcher block, and granite surfaces. Top of the line appliances really complete the stunning space. The main-level primary suite includes a walk-in closet and spa-inspired ensuite with a soaker tub and walk-in shower. Upstairs offers a loft-style family room, 3 bedrooms, and a full bath, while the walkout lower level features a large living room, gym/games room, bedroom, full bath, and laundry. Outside, enjoy a covered stone outdoor kitchen and perfect waterfront setting. Modern upgrades include 3 new heat pumps, in-floor heating, reverse osmosis/UV water system, central vac, built-in speakers, security cameras, and a Generac generator servicing both buildings. Across the shared driveway, the guest house features a heated 4-bay garage with custom finishes, heated floors, propane boiler, wood stove, boat-sized bay door, gas pump station, and mezzanine storage. Above, the private loft includes 3 bedrooms, 2 full baths, a chef's kitchen with imported cabinetry, butcher block counters, and a large island. Reclaimed barn beams, hardwood barn-board flooring, and two private decks that will have your guests never wanting to leave. Ideal for extended family, multi-generational living, executive retreats, or rental income, this riverfront compound offers exceptional privacy, lifestyle and lu

Property Details

Interior Details

Appliances

Washer, Refrigerator, Barbeque, Cooktop - Propane, Dishwasher, Dryer, Microwave

Bathrooms Partial

1

Bathrooms Total

7

Bedrooms Total

9

Cooling

Air exchanger

Fireplace

True

Flooring

Hardwood, Engineered hardwood, Ceramic Tile

Heating

Baseboard heaters, In Floor Heating, Electric, Propane, Wood, Wall Mounted Heat Pump

Building & Exterior

Architectural Style

3 Level

Exterior Features

Vinyl, Wood siding

Foundation Details

Poured Concrete

Parking Features

Detached Garage, Concrete, Heated Garage

Year Built

1998

Land & Location

City Region

Margate

Lot Features

Balcony

Lot Size Area

1.06 acres

Lot Size Dimensions

1.06

Parcel Number

758227

Postal Code

C0B1M0

View

River view

Listing & Financials

Listing Office

KELLER WILLIAMS SELECT REALTY

Originating System Name

Prince Edward Island Real Estate Association

Other Specifications

Co List Agent National Association Id2

1134185

Co List Office National Association Id2

1295901

Common Interest

Freehold

Country

Canada

Waterfront Features

Waterfront

Mortgage Calculator

20% ($370,000)
5.5%
25 Years

Estimated Monthly Payment

$9,088

Principal and interest only. Actual rates may vary.

Location & Map

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