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.
For sale
C$1,649,900
1148 S Muldrew Lake Rd #3, Town Of Gravenhurst, ON P0E 1G0
6beds
1,790sqft
Single Family Residence, Residential
Built in ----
-- sqft lot
$-- Zestimate®
C$922/sqft
C$-- HOA
What's special
Lakefront retreatUltra high-end finishesBreathtaking lake viewsCharming fireplaceUnforgettable waterfront experienceSpectacular rooftop patioBeautifully landscaped grounds
- 2 days
- on Zillow |
- 36 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 12:23pm
Listed by:
Jordan Rossman, Salesperson,
Real Broker Ontario Ltd., Brokerage
Source: ITSO,MLS®#: 40756810Originating MLS®#: Barrie & District Association of REALTORS® Inc.
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 3
- Main level bedrooms: 5
Kitchen
- Level: Main
Heating
- Forced Air-Propane
Cooling
- Central Air
Appliances
- Included: Bar Fridge, Water Heater, Built-in Microwave, Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer
Features
- Accessory Apartment, In-law Capability, In-Law Floorplan
- Basement: Partial,Partially Finished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,120
- Total interior livable area: 1,790 sqft
- Finished area above ground: 1,790
- Finished area below ground: 330
Property
Parking
- Total spaces: 11
- Parking features: Detached Garage, Garage Door Opener, Private Drive Double Wide
- Garage spaces: 1
- Uncovered spaces: 10
Features
- Waterfront features: Lake, Direct Waterfront, Beach Front, Stairs to Waterfront, Access to Water, Lake Privileges, Lake/Pond
- Body of water: Muldrew Lake
- Frontage type: West
- Frontage length: 180.00
Lot
- Dimensions: 180 x
- Features: Rural, Irregular Lot, Ample Parking, Beach, Campground, Cul-De-Sac, Landscaped
Details
- Additional structures: Boat House, Boathouse-Double Slips, Boathouse-Wetslip
- Parcel number: 480400223
- Zoning: SR
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence, Residential
Materials
- Hardboard
- Foundation: Block
- Roof: Asphalt Shing
Condition
- Unknown
- New construction: No
Utilities & green energy
- Sewer: Septic Tank
- Water: Lake/River
- Utilities for property: Propane
Community & HOA
Location
- Region: Town Of Gravenhurst
Financial & listing details
- Price per square foot: C$922/sqft
- Annual tax amount: C$3,898
- Date on market: 8/1/2025
- Inclusions: Built-in Microwave, Dishwasher, Dryer, Garage Door Opener, Range Hood, Refrigerator, Stove, Washer
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