About this propertyMLS® 1295824
481 Marble Drive is a fully furnished private estate in Little Rapids offering 4,888 sqft of refined living plus a 992 sqft guest house on 3 acres with 353 feet of Humber River frontage. Custom built in 2012, this gated property combines architectural elegance, modern systems, and a remarkable natural setting. Set behind wrought iron gates on the banks of the Humber River, 481 Marble Drive stands as one of Newfoundland’s most distinguished residential offerings. The custom built main residence spans 4,888 sqft and is complemented by a 992 sqft guest house positioned above a detached garage, creating a private and flexible estate environment. The home offers 3 bedrooms, 3 full baths, and 1 half bath, with guest bedrooms thoughtfully positioned and appointed with ensuite baths to ensure comfort and separation from the primary suite. Interior spaces reflect a commitment to craftsmanship, with a chef’s kitchen featuring professional grade appliances and a spa inspired primary retreat designed for quiet luxury. The property is offered fully furnished, allowing for a seamless transition to ownership. Outdoors, 3 acres of meticulously landscaped grounds unfold toward 353 feet of direct river frontage, complete with beach access and a covered paver patio that frames the surrounding natural beauty. Modern infrastructure includes geothermal heating and cooling and a backup generator, supporting year round reliability. An oversized attached double garage and detached garage with guest accommodations provide additional functionality for hosting or extended stays. Located approximately 20 minutes from Deer Lake Regional Airport and within close reach of Marble Mountain Ski Resort, Humber Valley Resort, and Blomidon Golf & Country Club, the estate offers immediate access to some of Atlantic Canada’s most sought after recreational amenities. Defined by privacy, scale, and setting, 481 Marble Drive represents a rare opportunity to secure a legacy property in Little Rapids. (id:56688)
Specifications
Property details
Room by room
Rooms
| Other | Not known Not known Not known Not known | 3PCE 14x12 20x12 16x9 |
| Second level | Not known | 26x12 |
| Main level | Laundry room Ensuite Bedroom Ensuite Bedroom Ensuite Primary Bedroom Dining nook Kitchen Den Living room/Dining room Foyer | 12x7 3PCE 14x12 3PCE 15x13 6PCE 24x19 10x7 16x15 20x16 55x26 17x8 |
The essentials
Location, air, flood & taxes
Elevation
10 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Property tax
$538 / year
≈ $45 / month
Plan ahead
Calculators & neighbourhood
Estimate payments and returns, and check how walkable this address is — all in one place.
Plan ahead
Mortgage & investment calculator
Estimated monthly payment
$45/mo
Principal & interest $0 + property tax $45 per month
Financing breakdown
Rental math
Investment calculator
Monthly cash flow
$-3,123
NOI / month
$-3,123
Cap rate
-1.50%
Gross yield
0.00%
| Line item | Monthly | Yearly |
|---|---|---|
| Gross rent | $0 | $0 |
| Mortgage | $0 | $0 |
| Property tax | $45 | $538 |
| Expenses | $3,079 | $36,948 |
| Vacancy | $0 | $0 |
| Management | $0 | $0 |
| Cash flow | $-3,123 | $-37,476 |
| NOI | $-3,123 | $-37,476 |
Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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