Waterfront1 / 5059 River View Crescent
Margate, Prince Edward Island C0B1M0
MLS® 202521664
Active$2,500,000
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. (id:65025)
Property Details
Land Details
Parking
Rooms
| Room | Level | Size |
|---|---|---|
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Primary Bedroom | Main level | — |
| Ensuite (# pieces 2-6) | Main level | — |
| Bath (# pieces 1-6) | Main level | — |
| Bedroom | Second level | — |
| Bedroom | Second level | — |
| Bedroom | Second level | — |
| Bath (# pieces 1-6) | Second level | — |
| Other | Second level | — |
| Bedroom | Lower level | — |
| Games room | Lower level | — |
| Family room | Lower level | — |
| Bath (# pieces 1-6) | Lower level | — |
| Living room | Second level | — |
| Dining room | Second level | — |
| Kitchen | Second level | — |
| Family room | Second level | — |
| Bath (# pieces 1-6) | Second level | — |
| Bedroom | Second level | — |
| Bedroom | Second level | — |
Schools
English public schools (ELSB). Source: PEI Public Schools Branch
Location
Listed by
KELLER WILLIAMS SELECT REALTY
