3413 FLAT RAPIDS Lane
Rural Severn, Severn, L0K 1E0
FOR SALE
$1,850,000
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4
BEDROOMS2
BATHROOMS1
KITCHENS10
ROOMSS9367896
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Property Description
Enjoy breathtaking Severn River views year-round from this private, 4-season home boasting just over 2500 sq ft and nestled on 5 lush acres. With 3 spacious bedrooms and a primary suite featuring a 3-piece bathroom and walk-in closet, this retreat provides ample room for both relaxation and entertaining. The living room is a showstopper with its floor-to-ceiling fireplace, hardwood floors, vaulted ceiling, and a wall of windows offering stunning riverfront views. The kitchen is a chefs delight, equipped with custom cabinetry, brand-new appliances (installed in 2022), and a granite-topped island that doubles as a casual dining area. From the kitchen, step out onto a multi-level deck that descends to the waters edge and the boat dock, making outdoor living easy and enjoyable. The lower level features a spacious recreation room with walk-out access and even more impressive water views. Additionally, this level includes a large office space and a rough-in for an additional bathroom. Surrounded by trees but cleared for perfect views of the Trent-Severn Waterway, this home offers both privacy and natural beauty, making it the ideal waterfront retreat.
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Extras
New water system 2023, (UV), new water pump in lake 2022, new kitchen appliances 2022, Bell satellite, fan for fireplace to blow heat into furnace ducts, electrical outlet on dock. Water is approximately 10 feet deep at the dock.
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Property Details
Street
Community
City
Property Type
Detached, Chalet
Fronting
North
Taxes
$6,498 (2024)
Basement
Full, W/O
Exterior
Wood
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Other
Parking Spaces
10
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 23.10' x 15.16' | Fireplace, Hardwood Floor |
| Kitchen | Main | 9.74' x 19.85' | |
| Dining | Main | 11.15' x 13.16' | |
| Br | Main | 10.01' x 11.42' | Hardwood Floor |
| Br | Main | 10.07' x 11.32' | Hardwood Floor |
| Br | Main | 11.25' x 10.93' | Hardwood Floor |
| Laundry | Main | 4.92' x 6.27' | |
| Bathroom | Main | 4.92' x 8.50' | Tile Floor, 4 Pc Bath |
| Prim Bdrm | Main | 17.32' x 17.59' | 3 Pc Ensuite, Tile Floor |
| Bathroom | Main | 5.84' x 9.51' | 3 Pc Ensuite, Tile Floor |
| Rec | Lower | 14.40' x 22.90' | Laminate |
| Office | Lower | 13.16' x 10.40' | Laminate |
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Severn Market Statistics
Severn Price Trend
3413 FLAT RAPIDS Lane is a 4-bedroom 2-bathroom home listed for sale at $1,850,000, which is $452,000 (32.3%) higher than the average sold price of $1,398,000 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 4 bedroom home in Severn declined by $7,833 (0.6%) compared to the previous 30 day period (August 22 - September 20) and up $373,500 (36.5%) from the same time one year ago.Inventory Change
There were 8 4-bedroom homes listed in Severn over the last 30 days (September 21 - October 20), which is down 20.0% compared with the previous 30 day period (August 22 - September 20) and down 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Severn typically sold ($46,977) (3.4%) below asking price over the last 30 days (September 21 - October 20), which represents a $78,823 increase compared to the previous 30 day period (August 22 - September 20) and ($34,950) 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 4-bedroom homes in Severn over the last 30 days (September 21 - October 20) stood at 62.5%, up from 30.0% over the previous 30 days (August 22 - September 20) and down from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Severn stood at 31 days when successfully sold over the last 30 days (September 21 - October 20), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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