1410 Walters Lane

FOR SALE
$1,495,000
1410 Walters Lane, Severn
1410 Walters Lane
1410 Walters Lane
1410 Walters Lane
1410 Walters Lane
1410 Walters Lane
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1410 Walters Lane
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
S8475430
MLSID
Contact Us
Property Description
Discover an unparalleled retreat on the picturesque shores of Sparrow Lake in Severn Bridge, ON. This sprawling 31.99-acre estate offers a unique blend of natural beauty, development potential, and historical significance. Perfect for a family getaway or a savvy investment, this property is a rare gem in the heart of Ontario's cottage country. The 20.20 acre Provincially significant wild cranberry bog is a rare and ecologically important feature of the estate. Use the other 11.79 acres of usable land for development: Prime land for building projects, expanding your estate, or investment opportunities. Enjoy 2 water access points, one with 250 feet of frontage on Shanty Bay and the other 219 feet of frontage on Cranberry bay. This unique property boasts a 3-bedroom, 3-bathroom home built by Walter Stanton in 1979 and comes with extensive development potential, complemented by a host of additional buildings and natural features. Guest House: 1 bedroom, 1 bathroom waterfront guest house in need of repair, offering endless customization potential. Single Slip Boathouse: Secure and convenient storage for your watercraft once restored. Barn/2-Story Workshop: Perfect for hobbies and storage. The home has seen a few upgrades over the years including a new electric furnace (2020) and 200 amp service (2023). The expansive 450 sq ft wrap-around deck is ideal for enjoying breathtaking lake views. Sparrow Lake, the closest Muskoka Lake to Toronto, offers a convenient 90-minute commute to the city. This estate provides the perfect blend of serene lakefront living with easy accessibility to urban amenities. Enjoy endless opportunities for boating, fishing, and nature exploration right at your doorstep or miander down the Trent Severn Waterway, another fabulous feature of this property. Schedule a viewing and explore the potential of this unique property today!
Extras
Waterfront exposure from the North, East, South
Property Features
Lake Access
Property Details
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
2000-2500
Acreage
25-49.99
Fronting
South
Taxes
$3,774 (2023)
Basement
Full, Part Fin
Exterior
Other
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
20
Driveway
Other
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
FamilyLower10.83' x 26.41'
BathroomLower6.27' x 11.84'2 Pc Bath
OtherLower22.83' x 26.41'
LivingMain13.58' x 26.41'
DiningMain9.84' x 16.67'
KitchenMain9.74' x 11.84'
Prim BdrmMain12.83' x 12.99'
BathroomMain6.92' x 9.42'4 Pc Bath
Br2nd11.91' x 13.48'
Bathroom2nd3.08' x 6.99'2 Pc Bath
Br2nd9.84' x 12.60'
Severn Market Statistics
Severn Price Trend
1410 Walters Lane is a 3-bedroom 3-bathroom home listed for sale at $1,495,000, which is $301,421 (25.3%) higher than the average sold price of $1,193,579 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 3 bedroom home in Severn increased by $278,733 (30.5%) compared to the previous 30 day period (August 22 - September 20) and up $512,972 (75.4%) from the same time one year ago.
Inventory Change
There were 18 3-bedroom homes listed in Severn over the last 30 days (September 21 - October 20), which is up 12.5% compared with the previous 30 day period (August 22 - September 20) and down 18.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Severn typically sold ($71,929) (6.0%) below asking price over the last 30 days (September 21 - October 20), which represents a $32,214 decrease compared to the previous 30 day period (August 22 - September 20) and ($29,030) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Severn over the last 30 days (September 21 - October 20) stood at 61.1%, down from 81.2% over the previous 30 days (August 22 - September 20) and up from 59.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Severn stood at 81 days when successfully sold over the last 30 days (September 21 - October 20), compared to 101 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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