For Sale: 59 River View Crescent, Margate, PE - REW
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$2,500,000
9 bd 7 ba 8100 sf House
$2,500,000

59 River View CrescentMargate, PE, C0B 1M0

  • 9 Bed
  • 7 Bath
  • 8100 Sqft
  • House

About this home

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. (id:63626)
Listed by: Trinity Bradshaw, KELLER WILLIAMS SELECT REALTY

Home facts and features

Price details
List Price
$2,500,000
Gross Taxes for 2023
$7,138
Home facts
Bedrooms
9
Full Bathrooms
6
Partial Bathrooms
1
Parking Details
Concrete, Detached Garage, Heated Garage
Property Type
House
Lot Size
1.06 acres
Depth
Year Built
Built in 2013 (13 yrs old)
Title
Freehold
Style
3 Level
Exterior Finish
Vinyl, Wood siding
Heating Type
Baseboard heaters, In Floor Heating, Electric, Propane, Wood, Wall Mounted Heat Pump
Cooling
Air exchanger
Features
Balcony
Appliances
Barbeque, Cooktop - Propane, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Agent details
Primary Agent
Primary Broker
KELLER WILLIAMS SELECT REALTY
Secondary Agent
Secondary Broker
KELLER WILLIAMS SELECT REALTY
Tertiary Agent
Tertiary Broker
KELLER WILLIAMS SELECT REALTY
Listing details
Days on REW
281 Days
Property Views
58
MLS® Number
202521664
Source
Canadian Real Estate Association
Board
Prince Edward Island Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Kensington Intermediate Senior High School
  • n/a
  • 7 - 12
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