1148 South Muldrew Lake Road, Gravenhurst, ON

$1,649,900
MLS#:X12339639
3 beds
2 baths
1500-2000 sqft
11.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Morrison. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,649,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 180 x 200 ft lot
  • Features a ["partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 11.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Accessory Apartment, Water Heater, In-Law Capability
  • equipped with ["central air"] central cooling and highly efficient forced air heating via propane

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.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 12, 2025
Sold price information is available to members only
Listed Date8/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionOther
Lot Size180 × 200 Feet
CountyMuskoka
Annual Tax$3,898
Legal DescriptionPT 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 MORRISON PT 1 & 2 ON 35R14140 AS IN MT138428 TOGETHER WITH AN EASEMENT OVER PT LT 30 CON 12 MORRISON DESCRIBED AND SHOWN ON PLAN ATTACHED TO DM42080 AS IN MT152276 TOGETHER WITH AN EASEMENT OVER PART 2 ON 35R6209 AS IN MT152275

Parking & Garage

Parking Spaces11.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Lake Access, Campground, Cul de Sac/Dead End, Lake/Pond

Community Features

Location

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1148 South Muldrew Lake Road, Gravenhurst, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1148 South Muldrew Lake Road N 3, Gravenhurst, ON P0E 1G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,319,920
Monthly Mortgage$7,669
Property Tax (Est.)$325
Utilities & Maint.$350
Total Monthly Cost$8,344

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Gravenhurst.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Morrison, Gravenhurst.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$718,658

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.