Primary photo of 59 River View Crescent, Margate
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House For Sale

$2,500,000

59 River View Crescent

MLS® Number: 202521664

Bedrooms

9

Bathrooms

7

Land Size

1.06

Year Built

2013

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

Mortgage Calculator

20% ($500,000)
5.5%
25 Years

Estimated Monthly Payment

$12,282

Principal and interest only. Actual rates may vary.

Location & Map

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