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Renanza Realty
For sale

59 River View Crescent

Margate, Prince Edward Island

MLS® 202613846

$1,850,000

Status
Active
Property type
Recreational
MLS® number
202613846
Bedrooms
9
Bathrooms
7
Year built
1998

Listing description

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 summary

MLS® number
202613846
Property type
Recreational
Building type
Recreational
Title
Freehold
Land size
1.06 acres
Built in
1998
Annual property taxes
$7,138.00
Parking
Detached Garage, Concrete, Heated Garage
Days on market
79 days

Features & details

Heating
Baseboard heaters, In Floor Heating, Electric, Propane, Wood, Wall Mounted Heat Pump
Cooling
Air exchanger
Flooring
Hardwood, Engineered hardwood, Ceramic Tile
Appliances
Washer, Refrigerator, Barbeque, Cooktop - Propane, Dishwasher, Dryer, Microwave
Exterior features
Vinyl, Wood siding
Lot features
Balcony
View
River view
Waterfront
Waterfront
Architectural style
3 Level

What would this home cost you?

Based on the $1,850,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,608 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of KELLER WILLIAMS SELECT REALTY, Charlottetown.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.