
House For Sale
$2,500,000
MLS® Number: 202521664
Bedrooms
9
Bathrooms
7
Land Size
1.06
Year Built
2013
House For Sale
$2,500,000
Bedrooms
9
Bathrooms
7
Land Size
1.06
Year Built
2013
59 River View Crescent, Margate, Prince Edward Island
About This Property
Welcome to your dream waterfront retreat on the Southwest River in scenic Margate, PEI. This exceptional estate offers over 8,100 sq. ft. of finished space across two beautifully crafted buildings: a timeless 5-bedroom farmhouse-style main house and a versatile 3-bedroom, 2-bath guest house/garage loft. The main home features vaulted ceilings, a floor-to-ceiling stone Napoleon fireplace, and patio doors opening to a large deck with panoramic river views. The gourmet kitchen boasts commercial-grade KitchenAid appliances, a spacious dining area, and stunning vistas. The main-level primary suite includes a walk-in closet, spa-inspired ensuite with soaker tub, and walk in shower. Upstairs offers a loft-style family room, 3 bedrooms, and a full bath, while the walkout level provides a large living room, gym/games room, bedroom, full bath, and laundry. Outside, enjoy a covered stone outdoor kitchen and serene waterfront setting. Modern upgrades include 3 new heat pumps, in-floor heating on the lower level, electric baseboards, reverse osmosis/UV water system, central vac, built-in speakers, security system with cameras, and a Generac generator powering both buildings. Across the shared drive, the guest house features an attached 4-bay heated garage with custom finishes, heated floors, propane boiler, wood stove, CO2 sensors, boat-sized bay door, gas pump station, and mezzanine storage. Above, a private loft showcases 3 bedrooms, 2 full baths (one with laundry), a chef?s kitchen with imported cabinetry, butcher block counters, and a large island. Finished with barn beams, hardwood barn board flooring, 2 heat pumps, and propane boiler, this space is complemented by two peaceful decks with natural views. Perfect for extended family, guests, or high-end rental potential, this property blends luxury, privacy, and flexibility. A rare island oasis?this is more than a home, it?s a lifestyle.
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
2013
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
Listed By
KELLER WILLIAMS SELECT REALTY
Mortgage Calculator
Estimated Monthly Payment
$12,282
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$12,282
Principal and interest only. Actual rates may vary.