59 RIVER VIEW CRESCENT
PEIA · C0B1M0
$2,500,000
About this residence
Welcome to your dream waterfront retreat on the Southwest River in scenic Margate, PEI. This exceptional estate offers over 8,100 sq. ft. of finished space across two beautifully crafted buildings: a timeless 5-bedroom farmhouse-style main house and a versatile 3-bedroom, 2-bath guest house/garage loft. The main home features vaulted ceilings, a floor-to-ceiling stone Napoleon fireplace, and patio doors opening to a large deck with panoramic river views. The gourmet kitchen boasts commercial-grade KitchenAid appliances, a spacious dining area, and stunning vistas. The main-level primary suite includes a walk-in closet, spa-inspired ensuite with soaker tub, and walk in shower. Upstairs offers a loft-style family room, 3 bedrooms, and a full bath, while the walkout level provides a large living room, gym/games room, bedroom, full bath, and laundry. Outside, enjoy a covered stone outdoor kitchen and serene waterfront setting. Modern upgrades include 3 new heat pumps, in-floor heating on the lower level, electric baseboards, reverse osmosis/UV water system, central vac, built-in speakers, security system with cameras, and a Generac generator powering both buildings. Across the shared drive, the guest house features an attached 4-bay heated garage with custom finishes, heated floors, propane boiler, wood stove, CO2 sensors, boat-sized bay door, gas pump station, and mezzanine storage. Above, a private loft showcases 3 bedrooms, 2 full baths (one with laundry), a chef?s kitchen with imported cabinetry, butcher block counters, and a large island. Finished with barn beams, hardwood barn board flooring, 2 heat pumps, and propane boiler, this space is complemented by two peaceful decks with natural views. Perfect for extended family, guests, or high-end rental potential, this property blends luxury, privacy, and flexibility. A rare island oasis?this is more than a home, it?s a lifestyle. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 9 (8 above, 1 below)
- Bathrooms
- 7 (1 half)
- Living area
- 8,100 sq ft
- Lot size
- 1.06
- Fireplace
- Yes
- Year built
- 2013
- Annual tax
- $7,138
- MLS®
- 202521664
- Board
- PEIA
- Status
- Inactive
- Listed
- Aug 26, 2025
- Updated
- Feb 25, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 16.9 x 24. |
| Dining room | Main level | 8. x 10.10 |
| Kitchen | Main level | 12. x 17.7 |
| Primary Bedroom | Main level | 20.10 x 13.4 |
| Ensuite (# pieces 2-6) | Main level | 9. x 5.8 |
| Bath (# pieces 1-6) | Main level | 4.7 x 6.7 |
| Bedroom | Second level | 10.11 x 8.10 Loft |
| Bedroom | Second level | 10.11 x 8.10 Loft |
| Bath (# pieces 1-6) | Second level | 10.5 x 9.11 Loft |
| Family room | Second level | 22.5 x 13.11 Loft |
| Kitchen | Second level | 11. x 15.9 Loft |
| Dining room | Second level | 16. x 9. Loft |
| Living room | Second level | 22.6 x 13.11 Loft |
| Bath (# pieces 1-6) | Lower level | 7.2 x 6.9 |
| Family room | Lower level | 17. x 30. |
| Games room | Lower level | 32.3 x 14.3 |
| Bedroom | Lower level | 16.9 x 10.4 |
| Other | Second level | 16. x 12. |
| Bath (# pieces 1-6) | Second level | 8.11 x 7. |
| Bedroom | Second level | 11.6 x 15.2 |
| Bedroom | Second level | 17.8 x 11.5 |
| Bedroom | Second level | 13.2 x 13.1 |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Microwave
- Cooktop - Propane
- Barbeque
Flooring
- Hardwood
- Ceramic Tile
- Engineered hardwood
Heating
- Baseboard heaters
- In Floor Heating
- Wall Mounted Heat Pump
- Electric
- Wood
- Propane
Cooling
- Air exchanger
Exterior
- Vinyl
- Wood siding
Foundation
- Poured Concrete
Parking
- Detached Garage
- Concrete
- Heated Garage
Lot
- Balcony
Sewer & Utilities
- Septic System
Views
- River view
Architecture
- 3 Level
Financing
Estimated monthly payment
$11,692/mo
Loan amount
$2,000,000
Down payment
$500,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
PEIA
Nearby
About the area
Census · C0B- 29,902
- Population
- 47
- Median age
- $73,500
- Median income
- $224,000
- Median home value
- 80%
- Home ownership
- 22 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 59 RIVER VIEW CRESCENT?
59 RIVER VIEW CRESCENT is listed for $2,500,000, in PEIA.
How many bedrooms and bathrooms does 59 RIVER VIEW CRESCENT have?
It offers 9 bedrooms and 7 bathrooms (including 1 half-bath).
What type of home is 59 RIVER VIEW CRESCENT?
59 RIVER VIEW CRESCENT is a Single Family, House, built in 2013.
How large is 59 RIVER VIEW CRESCENT?
The home offers approximately 8,100 sq ft of living space on a lot measuring 1.06.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $11,692. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $7,138 per year.
What is the PEIA area like?
PEIA has a population of about 29,902, a median age of 47, a 80% home-ownership rate, with an average commute of about 22 minutes.
What is the average home value in PEIA?
The median dwelling value in this area is approximately $224,000, based on census data via Neighbourly.
What is the median household income in PEIA?
The median household income in this area is approximately $73,500.
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