551 Peninsula Road, Gravenhurst, ON
Property no longer active
This property was sold on November 1, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Wood (Gravenhurst). Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,499,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 155 x 491 ft lot
- Features a crawl space, exposed rock basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Luxury Lakeside Living on Muldrew Lake Experience refined waterfront living at this beautifully renovated four-season retreat, ideally located just minutes from Gravenhurst on the sought-after shores of Muldrew Lake. Thoughtfully upgraded and meticulously maintained, this elegant property offers the perfect blend of modern comfort and timeless Muskoka charm.Step inside to soaring cathedral ceilings and an open-concept living space, ideal for entertaining or relaxing with family. Rich hardwood floors flow throughout, leading to a chefs kitchen featuring built-in appliances, granite countertops, and a custom island designed for both form and function.With 4 spacious bedrooms and 3 well-appointed bathrooms, there is ample room for family and guests alike. The home has seen extensive upgrades, including a redesigned kitchen, updated flooring, spray foam insulation, freshly painted interiors and exteriors, a heated water line, new 200-amp electrical service, and a 13kW Generac generator with a new motor ensuring peace of mind in every season.Outdoors, enjoy over 1,500 square feet of decking and docking space perfect for entertaining, boating, or quiet evenings around the fire. The site is also prepped with plans for a future double-car garage where the current shed is located.Whether you're looking for a serene personal escape or a high-end rental investment, 551 Peninsula Road delivers effortless luxury in the heart of Muskoka.
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Property Summary
This detached home located at 551 Peninsula Road, Gravenhurst is currently for sale and has been available on SousaSells for 373 days. This property is listed at $1,499,000 with an estimated mortgage of $4,990* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 551 Peninsula Road, Gravenhurst is in the Wood (Gravenhurst) neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Wood (Gravenhurst), Gravenhurst.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Wood (Gravenhurst), Gravenhurst.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Waterfront
- Wooded/Treed
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 551 Peninsula Road, Gravenhurst, ON
Q.What is the asking price for 551 Peninsula Road, Gravenhurst, ON ?
The current listing price for 551 Peninsula Road, Gravenhurst, ON in Wood (Gravenhurst), Gravenhurst is $1,499,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 551 Peninsula Road, Gravenhurst, ON ?
551 Peninsula Road, Gravenhurst, ON is a Detached (Bungaloft) featuring a Crawl Space, Exposed Rock basement.
Q.What key property features does 551 Peninsula Road, Gravenhurst, ON offer?
Key property features include: Waterfront, Wooded/Treed.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 8.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Propane and cooling via Central Air.
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Pricing & Value Insights
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About Purchasing a Home in Gravenhurst, ON
For a property listed at $1,499,000 in Gravenhurst, the legal minimum down payment is $299,800 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 $26,455 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 $26,455.
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