1472 Otter Point Rd
Rural Severn, Severn, L0K 1E0
FOR SALE
$1,499,900
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3
BEDROOMS2
BATHROOMS1
KITCHENS6 + 1
ROOMSS11974361
MLSIDContact Us
Property Description
Top 5 Reasons You Will Love This Home: 1) Rare 20-acre property offering privacy, space, and endless potential, complete with a massive heated workshop with loft space, ideal for hobbyists, equipment storage, or a home business 2) Outdoor enthusiasts paradise with abundant wildlife, excellent fishing, and year-round recreation, including nearby trails, snowmobiling, and ice fishing 3) Well-maintained home featuring manicured grounds, a screened-in side porch, and a finished lower level with a walkout, providing the perfect retreat for all seasons 4) Private docking with the capacity to accommodate larger boats, plus nearby private launch access for added convenience 5) Over 700' of waterfront along Port Severn, Georgian Bay, and the Trent-Severn Waterway, offering breathtaking views and direct access to some of the best boating and fishing in the region. 1,655 fin.sq.ft. Age 38. Visit our website for more detailed information.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-14 | 2025-02-14 | 93 | $1,499,900 | - | Expired |
| 2024-10-03 | 2024-11-13 | 41 | $1,527,000 | - | Terminated |
Property Features
Beach, Clear View, Lake/Pond, School Bus Route, Waterfront, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
800' x 1,200'
Acreage
10-24.99
Fronting
East
Taxes
$3,687 (2024)
Basement
Finished, Full
Exterior
Wood
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Other
Water
Well
Parking Spaces
15
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 13.22' x 13.29' | Laminate, Granite Counter, Double Sink |
| Dining | Main | 13.29' x 17.78' | Laminate, Large Window, Open Concept |
| Living | Main | 10.53' x 12.20' | Laminate, Window, W/O To Porch |
| Br | Main | 9.74' x 10.24' | Window |
| Prim Bdrm | 2nd | 14.21' x 15.06' | 2 Pc Ensuite, Closet, Window |
| Br | 2nd | 12.30' x 14.30' | W/O To Balcony |
| Family | Lower | 20.08' x 21.95' | Ceramic Floor, Double Closet, W/O To Yard |
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Severn Market Statistics
Severn Price Trend
1472 Otter Point Rd is a 3-bedroom 2-bathroom home listed for sale at $1,499,900, which is $724,020 (93.3%) higher than the average sold price of $775,880 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Severn declined by $92,620 (10.7%) compared to the previous 30 day period (December 22 - January 20) and up $137,380 (21.5%) from the same time one year ago.Inventory Change
There were 13 3-bedroom homes listed in Severn over the last 30 days (January 21 - February 19), which is up 44.4% compared with the previous 30 day period (December 22 - January 20) and down 43.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Severn typically sold ($15,969) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $40,481 increase compared to the previous 30 day period (December 22 - January 20) and ($14,900) 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 (January 21 - February 19) stood at 76.9%, up from 22.2% over the previous 30 days (December 22 - January 20) and up from 21.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Severn stood at 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Faris Team Real Estate, Brokerage
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