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Listed by Real Broker Ontario Ltd..
3-1148 South Muldrew Lake Road N is a Detached, Bungalow and is currently for Sale @ $1,649,900. Taxes in 2024 were $3,898.00.
More homes for sale under 1.6M in Gravenhurst
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 Bungalow on 3-1148 South Muldrew Lake Road N has 3 bedrooms, 2 bathrooms, and is located on a 200 x 180 ft lot in the community of Morrison . 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.
Built-in Microwave, Dishwasher, Dryer, Garage Door Opener, Range Hood, Refrigerator, Stove, Washer
The address 3-1148 South Muldrew Lake Road N was listed for sale (MLS# X12339639) on Monday, August 11, 2025.