4428 North Valley Lane
Rural Severn, Severn, L3V 8E5
FOR SALE
$1,699,999
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Property Description
Welcome to 4428 North Valley Lane, a custom-built bungalow that is the epitome of rural luxury living. This 3-bed, 4-bath home has been built with great consideration for detail.Step inside to find over 2,900 sq ft of high-end finishes on the main floor, creating a warm and inviting atmosphere. The home's open-concept design has been built to allow for a natural flow from room to room.Venture downstairs, where a 3,100 sq ft unfinished basement awaits your vision. With a separate entrance and in-law potential, it's a space ready to evolve alongside your family's needs. This isn't just a house; it's an opportunity for personal expression.Resting on a sprawling 1.8-acre plot, the property offers a retreat from the hustle, just minutes away from Highway 11, ski resorts, boating, and hiking trails at your fingertips. The opportunity for enjoyment is endless. This is a home that invites you to grow organically, where every corner tells a story and every space awaits your personal touch!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-07-22 | 2024-09-18 | 58 | $1,749,900 | - | Terminated |
2023-03-17 | 2023-06-30 | 120 | $1,999,000 | - | Expired |
2024-03-11 | 2024-07-17 | 128 | $1,799,900 | - | Expired |
Extras
Upgrades; 4-Car Garage, 12ft Ceilings, Gas F/p, Quartz Cit, SIS Appliances, Centre Island, W/1 Pantry, Hardwood Flooring, Tiled Backsplash, Pot Lights, Covered Lanai Patio, Under Soffit Lighting, Oversized Windows, Custom Window Coverings.
Property Features
Beach, Golf, Hospital, Lake/Pond, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2500-3000
Lot Size
198' x 419'
Acreage
.50-1.99
Fronting
East
Taxes
$7,950 (2023)
Basement
Full, Walk-Up
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
12
Driveway
Lane
Garage Type
Built-In
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 7.74' x 12.63' | Ceramic Floor, Pot Lights |
Living | Main | 26.28' x 18.80' | Hardwood Floor, Window Flr to Ceil, Fireplace |
Office | Main | 14.24' x 12.60' | Hardwood Floor, Window, Double Doors |
Kitchen | Main | 16.70' x 13.52' | Centre Island, Quartz Counter, Stainless Steel Appl |
Dining | Main | 12.93' x 13.55' | Hardwood Floor, Sliding Doors, Window |
Laundry | Main | 8.23' x 7.02' | Tile Floor, Window, B/I Shelves |
Mudroom | Main | 12.93' x 7.41' | Tile Floor, 2 Pc Bath, Access To Garage |
Prim Bdrm | Main | 19.52' x 13.55' | Hardwood Floor, 4 Pc Ensuite, W/I Closet |
2nd Br | Main | 12.30' x 16.14' | Hardwood Floor, Window, Closet |
3rd Br | Main | 16.31' x 12.34' | Hardwood Floor, Window, Closet |
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Severn Market Statistics
Severn Price Trend
4428 North Valley Lane is a 3-bedroom 4-bathroom home listed for sale at $1,699,999, which is $708,157 (71.4%) higher than the average sold price of $991,842 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Severn declined by $201,737 (16.9%) compared to the previous 30 day period (September 21 - October 20) and up $219,842 (28.5%) from the same time one year ago.Inventory Change
There were 13 3-bedroom homes listed in Severn over the last 30 days (October 21 - November 19), which is down 27.8% compared with the previous 30 day period (September 21 - October 20) and down 27.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Severn typically sold ($39,914) (4.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $32,015 increase compared to the previous 30 day period (September 21 - October 20) and ($56,560) 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 (October 21 - November 19) stood at 53.8%, down from 61.1% over the previous 30 days (September 21 - October 20) and up from 27.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Severn stood at 118 days when successfully sold over the last 30 days (October 21 - November 19), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Chay Realty
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