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.
For sale
C$1,550,000
551 Peninsula Rd, Gravenhurst, ON P1P 1R2
4beds
3baths
Single Family Residence
Built in ----
1.46 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Refined waterfront livingSoaring cathedral ceilingsOpen-concept living spaceRich hardwood floorsBuilt-in appliancesGranite countertopsCustom island
- 9 days
- on Zillow |
- 31 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 05:02pm
Listed by:
Century 21 In-Studio Realty Inc.
Source: TRREB,MLS®#: X12312966
Originating MLS®#: One Point Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Water Heater Owned
Features
- Basement: Crawl Space,Exposed Rock
- Has fireplace: Yes
- Fireplace features: Propane
Interior area
- Living area range: 2000-2500 null
Property
Parking
- Total spaces: 8
Features
- Exterior features: Private Dock
- Pool features: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake,Direct
- Waterfront features: Dock, Marine Rail, Waterfront-Deeded, Direct, Lake
- Body of water: Muldrew Lake
Lot
- Size: 1.46 Square Feet
- Features: Waterfront, Wooded/Treed, Irregular Lot
Details
- Parcel number: 480370072
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungaloft
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Block
- Roof: Metal
Utilities & green energy
- Sewer: Septic
- Water: Lake/River, Water System
Community & HOA
Location
- Region: Gravenhurst
Financial & listing details
- Tax assessed value: C$636,000
- Annual tax amount: C$6,930
- Date on market: 7/29/2025
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