1051 Lakeside Dr

FOR SALE
$525,000
1051 Lakeside Dr, Prince Edward County
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
2
ROOMS
X9260414
MLSID
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Property Description
Come unwind at this adorable 2-bedroom, 1-bathroom waterfront cottage with a deck overlooking the clear water. Take a stroll into the shoreline or cozy up by the firepit for some evening fun. With plenty of birds to keep you company and a spacious dock for lounging, this place is a nature lover's paradise. Just a stone's throw away from Picton and local wineries, this hidden gem is only 90 mins from the GTA. Don't miss out on this perfect getaway spot!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-05 2024-08-19 75 $559,000 - Terminated
2024-04-29 2024-06-04 36 $575,000 - Terminated
2023-09-21 2023-12-18 88 $599,000 - Terminated
Property Features
Clear View, Lake/Pond, Place Of Worship, Waterfront
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
< 700
Lot Size
50' x 176'
Acreage
< .50
Lot Irregularities
50.31FT x 179.77FT x 26.11FT X 175FT
Fronting
East
Taxes
$2,205 (2023)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Other
Water
Well
Parking Spaces
3
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain11.25' x 11.65'
LivingMain10.33' x 22.74'
Prim BdrmMain9.45' x 10.99'
2nd BrMain10.73' x 9.48'
BathroomMain4.00' x 6.00'4 Pc Bath
Prince Edward County Market Statistics
Prince Edward County Price Trend
1051 Lakeside Dr is a 2-bedroom 1-bathroom home listed for sale at $525,000, which is $86,100 (14.1%) lower than the average sold price of $611,100 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom home in Prince Edward County declined by $57,766 (8.6%) compared to the previous 30 day period (July 20 - August 18) and down $145,965 (19.3%) from the same time one year ago.
Inventory Change
There were 28 2-bedroom homes listed in Prince Edward County over the last 30 days (August 19 - September 17), which is up 12.0% compared with the previous 30 day period (July 20 - August 18) and up 75.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Prince Edward County typically sold ($30,249) (4.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $7,659 increase compared to the previous 30 day period (July 20 - August 18) and ($14,678) 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 2-bedroom homes in Prince Edward County over the last 30 days (August 19 - September 17) stood at 35.7%, down from 48.0% over the previous 30 days (July 20 - August 18) and down from 287.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Prince Edward County stood at 69 days when successfully sold over the last 30 days (August 19 - September 17), compared to 88 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Proalliance Realty
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