551 Peninsula Road
Gravenhurst (Wood, Gravenhurst), ON P1P 1R2
- 4Bedrooms
- 3Bathrooms
- 8Garage
- 2000–2500Sq Ft
- $6,930Tax
- 155×491 ftLot Size
Estimated Value:$1,912,305See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 551 Peninsula Road, Gravenhurst, Wood (Gravenhurst)
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-07-29 | 2025-11-01 | Login to See Prices | Sold | x12312966 |
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About 551 Peninsula Road, Gravenhurst, Wood (Gravenhurst)
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,930
- Land Transfer Tax Fee
- $26,455
Rental Items
- Rental Equipment
- none
- Basement Type
- Crawl Space, Exposed Rock
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Water Heater Owned
- View
- Lake
- Fireplace/Stove
- Yes
- Fireplace Features
- Propane
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Waterfront, Wooded/Treed
Building
- Building Type
- Detached
- Building Style
- Bungaloft
- Approx Age
- 51-99
Construction
- Exterior Finish
- Wood
- Roof
- Metal
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 155.00 ft
- Lot Depth
- 491.00 ft
- Lot Size
- 1.46
- Lot Shape
- Irregular
Inclusions
- Inclusions
- Built-in Microwave, Dishwasher, Dryer, Refrigerator, Satellite Dish, Stove, Washer, Wine Cooler, beds, couches, tables, outdoor patio furniture, tv, indoor+outdoor speakers, this home can come furnished besides the exclusions and personal items.
Exclusions
- Exclusions
- lawnmowers, weed eater, snowblower, leaf blower, gas cans, Weber barbecue, 4 black plant stands, Canada Leaf, Life by Lake+Welcome sign, All golf related items, seadoos and seadoo lift, drawers and kitchen, Night lights, Rugs in master bedroom, Coffee table in living room, Starlink, paintings, personal belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 8
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Propane
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Other
- Sewers
- Septic
- Bedrooms
- 4
- Washrooms
- 3
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Family Room—Main level
- Dining Room—Main level
- Kitchen—Main level
- Living Room—Main level
- Bathroom—Main level, 2 Pc Bath
- Bedroom—Main level
- Laundry—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Bathroom—Main level, 4 Pc Bath
- Primary Bedroom—Second level
- Bathroom—Second level
- Other—Second level
Washrooms
- 2-piece, Main
- 4-piece, Main
- 3-piece, Second
- Municipality
- Gravenhurst
- Neighbourhood
- Wood (Gravenhurst)
- Main cross streets
- Peninsula Road
- Zoning
- RW-6E
- Directions
- From Bay Street to North Muldrew Lake Road.Turn left onto Peninsula, and stay right at the fork to 551
- Waterfront
- Direct
- MLS® number
- X12312966
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-11-01
- Listed on
- 2025-07-29
- Days on market
- 95 days
- Possession date
- 2025-08-20
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- Century 21 In-Studio Realty Inc.
Home Market Value
Current home valuation for 551 Peninsula Road, Gravenhurst, Wood (Gravenhurst), Gravenhurst, ON. Listed for $1,499,000
HOMEH Estimate
$1,912,305
Estimated Sales Range
$1,338,614 - $2,485,997
HOMEH Estimate for 551 Peninsula Road, Gravenhurst, Wood (Gravenhurst)
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $999,000 over $500K
$124,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $54,923 | $41,822 | $35,676 | $0 |
=Total mortgage | $1,428,007 | $1,390,922 | $1,309,826 | $1,199,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,972monthly | $6,791monthly | $6,395monthly | $5,855monthly |
Land Transfer Tax
$26,455
$26,455
Around this home
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