Experience the best of waterfront living on beautiful Mill River in this impressive property offering quality, comfort, and exceptional versatility. Featuring nearly 3,500 square feet of finished living space across two levels plus an additional 591 square feet in the attached double car garage, this home is ideal as a luxury residence, multi-generational home, or investment opportunity. The main level features a bright, open-concept design with a stunning custom kitchen, quartz countertops, stainless steel appliances, elegant cabinetry, and a spacious island. The kitchen, dining, and living areas flow seamlessly onto a large rear terrace, where breathtaking views of Mill River can be enjoyed. The primary bedroom also offers direct terrace access, along with two additional bedrooms, a powder room, and laundry area. The fully finished, ground-level lower level offer its own kitchen, living and dining areas, three bedrooms, oversized laundry room, and three walkouts. Currently operating as a highly successful Airbnb, recognized as the #1-rated in Western PEI, with year-round bookings, this space offers excellent income potential or could serve as a beautiful in-law suite. The outdoor setting is equally impressive, featuring waterfront stairs, a shared floating dock, storage building for kayaks and recreational equipment, and a screened cedar gazebo complete with seating and tiki bar, perfect for entertaining. Quality finished include durable Royal Select PVC siding with a lifetime warranty, steel roofing, and a heated double car garage measuring 25 x 23 feet with 12-foot ceilings. A rare opportunity to enjoy spectacular waterfront living while benefiting from the flexibility of a separate income-producing space!
For sale
C$880,500
5 Gerald Ln, Egmont Parish, PE C0B 1B0
6beds
5,322sqft
Single Family Residence
Built in 2015
0.54 Acres Lot
$-- Zestimate®
C$165/sqft
C$-- HOA
What's special
Attached double car garageBright open-concept designStunning custom kitchenQuartz countertopsStainless steel appliancesElegant cabinetrySpacious island
- 2 days
- 53
- 2
Zillow last checked:
Listing updated:
Listed by:
Jory Macisaac,PEI - Sales,
ELITE REAL ESTATE ADVISORS INC.
Source: Prince Edward Island REA,MLS®#: 202627956
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Kitchen, Living Room, OTHER, Primary Bedroom, Ensuite Bath 1, Bedroom, Bath 2, Laundry, Storage, Bath 3, Utility
Primary bedroom
- Level: Main
Bedroom 1
- Level: Main
- Area: 210
- Dimensions: 15 x 14
Bedroom 2
- Level: Main
- Area: 95.25
- Dimensions: 10.58 x 9
Bedroom 3
- Level: Lower
- Area: 191.19
- Dimensions: 13.42 x 14.25
Bedroom 4
- Level: Lower
Bathroom 1
- Level: Main
- Area: 86.5
- Dimensions: 14.42 x 6
Bathroom 2
- Level: Main
- Area: 22.23
- Dimensions: 2.75 x 8.08
Bathroom 3
- Level: Lower
- Area: 125.13
- Dimensions: 22.75 x 5.5
Kitchen
- Level: Main
- Area: 457.19
- Dimensions: 19.25 x 23.75
Living room
- Level: Main
- Area: 255.9
- Dimensions: 14.42 x 17.75
Heating
- Furnace, Ductless, Hot Water, Floor Furnace
Appliances
- Included: Barbeque, Electric Oven, Dishwasher, Dryer - Electric, Washer, Microwave, Refrigerator
Features
- Ensuite Bath, Secondary Suite, Foyer
- Flooring: Ceramic Tile, Engineered Hardwood, Vinyl
- Basement: Finished,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Electric
Interior area
- Total structure area: 5,322
- Total interior livable area: 5,322 sqft
- Finished area below ground: 3,439
Property
Parking
- Total spaces: 4
- Parking features: Double, Paved, Attached, Heated Garage, Garage
- Attached garage spaces: 2
- Details: Parking Details(Double Paved Driveway), Garage Details(Attached, Double, Heated (In-Floor), 12' Ceilings)
Features
- Levels: Two
- Patio & porch: Deck, Patio, Porch
- Exterior features: Balcony, Dock
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: Waterfront, River Front, Access: River Front, Salt Water
Lot
- Size: 0.54 Acres
- Dimensions: 0.54 of an acre
- Features: Landscaped, Sloping/Terraced, Year Round Road, 0.5 to 0.99 Acres
Details
- Additional structures: Barn(s), Shed(s), Gazebo
- Parcel number: 644849
- Zoning: Res
- Other equipment: Air Exchanger
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Concrete Perimeter
- Roof: Steel
Condition
- New construction: No
- Year built: 2015
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, High Speed Internet, Phone Connected, Electric, Oil
Community & HOA
Community
- Features: Golf, Park, Place of Worship, Playground, Recreation Center, School Bus Service, Shopping
Location
- Region: Egmont Parish
Financial & listing details
- Price per square foot: C$165/sqft
- Tax assessed value: C$430,500
- Annual tax amount: C$3,105
- Date on market: 11/13/2026
- Inclusions: Fridge X2, Stove X2, Electric Range, Dishwasher X2, Microwave, Washer X2, Dryer X2, Bbq, 4 Heat Pumps + Remotes.
- Exclusions: Fire Place Mantel In Primary Bedroom
- Income includes: Rent Only
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2026 | Listed for sale | C$880,500C$165/sqft |
Source:  Prince Edward Island REA #202627956 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: C0B
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
Schools provided by the listing agent
- Elementary: Bloomfield Elementary School
- Middle: Hernewood Intermediate School
- High: Westisle Composite High School
Source: Prince Edward Island REA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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