1658 PENINSULA POINT Rd
Rural Severn, Severn, P0E 1N0
FOR SALE
$899,000
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Property Description
Stunning WESTERN views! Welcome to your dream waterfront retreat on Sparrow Lake, nestled within the picturesque Trent Waterway System. This stunning property offers captivating Western views that paint the sky orange with breathtaking sunsets, setting the perfect backdrop for serene evenings by the water's edge. Convenience meets tranquility with easy access off the highway, ensuring your escape to paradise is effortless. And as you arrive, you'll be greeted by the charm of a quiet & friendly area. Also enjoy the convenience of Lauderdale Marina just minutes away offering snacks, ice cream and a new LCBO/Beer Store! This meticulously maintained home boasts 3 bedrooms and 2 bathrooms, providing ample space for relaxation and hosting guests. Step inside to discover a move-in ready oasis, adorned with numerous upgrades designed to enhance your living experience. Recent renovations have transformed this cottage into a haven of comfort and style. Now fully winterized, you can enjoy year-round escapes without compromising on coziness. The addition of a ductless heating/cooling split system ensures personalized climate control for ultimate comfort in any season. Relish the convenience of a new drilled well offering reliable access to fresh water throughout the year. Step outside onto the back deck, where you can savour your morning coffee or entertain friends against the backdrop of tranquil waters and lush greenery. New attic insulation, pine tongue and groove ceiling and back windows are just a few more notable upgrades! (ask your realtor for the full list of upgrades attached to listing). Whether you're seeking a peaceful retreat or an entertainer's paradise, this waterfront gem offers it all. Don't miss your chance to own a slice of paradise in this coveted area. Your waterfront dream awaits on beautiful Sparrow Lake! ALL THIS for under $1mill - schedule your viewing today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-08 | 2024-06-28 | 51 | $999,000 | - | Terminated |
| 2019-04-23 | 2019-04-26 | 4 | $379,900 | $379,900 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Acreage
< .50
Fronting
West
Taxes
$2,428 (2024)
Basement
None
Exterior
Vinyl Siding
Heat Type
Water
Heat Source
Propane
Air Conditioning
Wall Unit
Parking Spaces
10
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 7.51' x 7.84' | |
| Living | Main | 18.41' x 11.58' | |
| Dining | Main | 19.91' x 7.15' | |
| Sunroom | Main | 13.68' x 7.15' | |
| Br | Main | 8.66' x 7.51' | |
| Bathroom | Main | 4.59' x 8.01' | |
| Prim Bdrm | Main | 10.17' x 8.23' | |
| Br | Main | 10.17' x 7.51' | |
| Bathroom | Main | 6.66' x 2.99' |
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Severn Market Statistics
Severn Price Trend
1658 PENINSULA POINT Rd is a 3-bedroom 2-bathroom home listed for sale at $899,000, which is $26,255 (2.8%) lower than the average sold price of $925,255 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 3 bedroom home in Severn increased by $166,675 (22.0%) compared to the previous 30 day period (October 4 - November 2) and up $134,955 (17.1%) from the same time one year ago.Inventory Change
There were 19 3-bedroom homes listed in Severn over the last 30 days (November 3 - December 2), which is up 5.6% compared with the previous 30 day period (October 4 - November 2) and up 11.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Severn typically sold ($11,322) (1.2%) below asking price over the last 30 days (November 3 - December 2), which represents a $24,418 increase compared to the previous 30 day period (October 4 - November 2) and ($55,420) more 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 (November 3 - December 2) stood at 47.4%, up from 27.8% over the previous 30 days (October 4 - November 2) and up from 29.4% 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 61 days when successfully sold over the last 30 days (November 3 - December 2), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4)
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