112 Bush Lane

FOR SALE
$775,000
112 Bush Lane, Prince Edward County
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Property Description
Waterfront retreat on Lake Consecon featuring 2 houses/cottages, totaling 3 beds, 2 baths, and a shop. Enjoy endless water activities while potentially earning income from the second cottage. Step onto the water's edge and take in the serene pebbled shoreline. This year-round waterfront living with stunning panoramic views of Lake Consecon in Prince Edward County showcasing spectacular sunsets. This 2-bed, 1- bath main residence boasts hardwood floors throughout. Its spacious kitchen, welcoming living room, and dining area flow onto a wrap-around deck. With a second bedroom, well-appointed bath, and laundry area, plus direct deck access from the primary bedroom, outdoor relaxation is effortless. Stay cozy with the forced air propane furnace and central air conditioning. Adjacent to the main residence is a self-contained cottage with 1 bed, kitchenette, 3-piece bath, and a 3-season sunroom, ideal for extended family or rental income. Conveniently located near Prince Edward County's attractions which include vineyards, world class restaurants, Jazz festivals and sandy beaches. You won't want to miss out on this opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-03 2024-03-14 163 $829,000 - Terminated
2018-09-20 2018-10-04 14 $535,000 - Terminated
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
96' x 200'
Acreage
.50-1.99
Fronting
South
Taxes
$2,713 (2023)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningGround11.88' x 11.91'
KitchenGround11.42' x 11.68'
LivingGround9.22' x 14.27'
Prim BdrmGround9.68' x 12.70'
2nd BrGround8.60' x 10.10'
BathroomGround8.07' x 8.50'3 Pc Bath
Prince Edward County Market Statistics
Prince Edward County Price Trend
112 Bush Lane is a 2-bedroom 1-bathroom home listed for sale at $775,000, which is $130,893 (20.3%) higher than the average sold price of $644,107 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom home in Prince Edward County declined by $35,548 (5.2%) compared to the previous 30 day period (February 29 - March 29) and up $10,107 (1.6%) from the same time one year ago.
Inventory Change
There were 28 2-bedroom homes listed in Prince Edward County over the last 30 days (March 30 - April 28), which is up 16.7% compared with the previous 30 day period (February 29 - March 29) and up 47.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Prince Edward County typically sold $1,514 (0.2%) above asking price over the last 30 days (March 30 - April 28), which represents a $20,414 increase compared to the previous 30 day period (February 29 - March 29) and ($25,980) 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 2-bedroom homes in Prince Edward County over the last 30 days (March 30 - April 28) stood at 50.0%, up from 37.5% over the previous 30 days (February 29 - March 29) and up from 26.3% 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 97 days when successfully sold over the last 30 days (March 30 - April 28), compared to 90 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exit Realty Group
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