SPECTACULAR MULDREW LAKE FAMILY COMPOUND WITH UNMATCHED RENTAL POTENTIAL! Discover this extraordinary lakefront retreat featuring a main cottage plus two stunning bunkies, all meticulously rebuilt with ultra high-end finishes by CedarCoast Timber Homes, creating the perfect private sanctuary or lucrative short-term rental investment. The main cottage boasts three spacious bedrooms and two luxurious bathrooms providing a cozy haven for family gatherings, while the upper bunkie offers breathtaking lake views with two bedrooms, full bathroom, kitchenette, and charming fireplace ideal for guests. The unique lower bunkie, dramatically positioned atop an old boathouse, features one bedroom, living room, kitchenette, and full bathroom creating an unforgettable waterfront experience. The property's crown jewel is the fully rebuilt double-wide wet boathouse topped with a spectacular rooftop patio, delivering the ultimate entertaining and relaxation space directly on the water. Additional amenities include a detached single-car garage for ample storage and beautifully landscaped grounds that enhance the natural lakeside appeal. Strategically located just south of Gravenhurst on pristine Muldrew Lake with convenient access to GTA and Orillia, this property offers tremendous income potential through summer short-term rentals or Airbnb while providing an unparalleled family retreat. With 6 total bedrooms and 4 full bathrooms across three buildings, this rare lakeside compound delivers both tranquil luxury and exceptional investment opportunity in one spectacular package.
Address
3 - 1148 South Muldrew Lake Road N
List Price
$1,649,900
MLS® Status
New
Expiration Date
2025-10-10
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
For Sale
Area
Gravenhurst
Sub-Area
Morrison
Region
Muskoka
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
10
Bathrooms
2
Floor Area
1500 - 2000 Sq. Ft.
Lot Depth
200
Lot Size Units
Feet
Lot Width
180
Parcel Number
480400223
Occupant Type
Vacant
Cross Street
South Muldrew Lake
MLS® Number
X12339639
Listing Brokerage
REAL BROKER ONTARIO LTD.
Basement Area
Partial Basement
Postal Code
P0E 1G0
Posession Details
Flexible
Parking
Private Double
Parking Places (Total)
11
Parking Spaces
10
Tax Amount
$3,898.00
Tax Year
2024
Exterior Features
Privacy
Interior Features
Accessory Apartment, Water Heater, In-Law Capability, In-Law Suite, Propane Tank, Bar Fridge
Property Features
Lake Access, Campground, Cul de Sac/Dead End, Lake/Pond
Central Vacuum
No
Family Room
No
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Disclosures
Unknown
Senior Community
No
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Propane
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Other
Direction Faces
West
Fireplace
Yes
Foundation Details
Block
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 30 CON 12 MORRISON; PT RDAL IN FRONT OF LT 30 CON 12 MORRISON (CLOSED BY DM163204) PT 1, 2 35R7284 EXCEPT PT 2 35R14140; GRAVENHURST; THE DISTRICT MUNICIPALITY OF MUSKOKA SUBJECT TO AN EASEMENT OVER PART 1 ON 35R24047 IN FAVOUR OF PT LOT 30 CON 12 M
View Type
Water
Water View
Direct
Waterfront
Yes
Docking Type
Private
Waterfront
Direct
Waterfront Accessory
Boat House, Double Slips
Waterfront Features
Boathouse
Water Frontage (Feet)
180
Water Body Name
Muldrew Lake
Water Body Type
Lake
Shoreline
Clean, Deep
Shoreline Allowance
Not Owned
Access To Property
Private Road
Alternative Power
None
Sewer
Septic