1148 South Muldrew Lake Road, Gravenhurst, ON
Property no longer active
This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.
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
Description
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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Property Summary
This detached home located at 1148 South Muldrew Lake Road, Gravenhurst is currently for sale and has been available on SousaSells for 360 days. This property is listed at $1,649,900 with an estimated mortgage of $5,492* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 1148 South Muldrew Lake Road, Gravenhurst is in the Morrison neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Morrison, Gravenhurst.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Gravenhurst.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Lake Access
- Campground
- Cul de Sac/Dead End
- Lake/Pond
Interior Features
- Accessory Apartment
- Water Heater
- In-Law Capability
- In-Law Suite
- Propane Tank
- Bar Fridge
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1148 South Muldrew Lake Road, Gravenhurst, ON
Q.What is the asking price for 1148 South Muldrew Lake Road, Gravenhurst, ON ?
The current listing price for 1148 South Muldrew Lake Road, Gravenhurst, ON in Morrison, Gravenhurst is $1,649,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 1148 South Muldrew Lake Road, Gravenhurst, ON ?
1148 South Muldrew Lake Road, Gravenhurst, ON is a Detached (Bungalow) featuring a Partial Basement basement.
Q.What key property features does 1148 South Muldrew Lake Road, Gravenhurst, ON offer?
Key property features include: Lake Access, Campground, Cul de Sac/Dead End, Lake/Pond.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, Water Heater, In-Law Capability, In-Law Suite, Propane Tank, Bar Fridge.
Q.Is parking available at this property?
Yes, this property offers parking space for 11.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Propane and cooling via Central Air.
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About Purchasing a Home in Gravenhurst, ON
For a property listed at $1,649,900 in Gravenhurst, the legal minimum down payment is $329,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $29,473 for this transaction. As this listing is in Gravenhurst (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $29,473.
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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.